North East Way EA V1.312 MT4 MT5 No DLL + SetFiles

Description

North East Way Expert Advisor MT4 / MT5 is a fully automated trading system designed to excel in “pullback” strategies, particularly on popular currency pairs like AUDCAD, AUDNZD, and NZDCAD. It leverages key Forex market patterns, capitalizing on price reversals after sharp movements in either direction.

Review and Backtest

Key Features 

• Pullback Detection: The EA effectively recognizes sharp price shifts in any market direction.
• Strategic Entries: It enters trades at key pullback levels after significant price reversals.
• Risk Management: No Martingale strategy is used, ensuring safer trading practices.
• Scalping Approach: Designed for quick profits, the EA capitalizes on short-term pullback movements.

Settings and Recommendations 

• Platform: MetaTrader 4 (MT4) MetaTrader 5 (MT5 )
• Timeframe: M15
• Supported Pairs: AUDNZD, NZDCAD, AUDCAD
• Minimum Account Balance: $5,000

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