Forex North East Way Robot 1.307 (no DLL)
Forex North East Way Forex Robot is a fully automated “pullback” trading system!
Forex North East Way Robot is especially effective in trading on popular “pullback” currency pairs: AUDCAD, AUDNZD, and NZDCAD. The system uses the main patterns of the Forex market in trading – the return of the price after a sharp movement in any direction.
- Timeframe: M15
- Base currency pairs: AUDNZD, NZDCAD, AUDCAD
EA SETUP:
- You can run all the pairs from a single chart using the OneChartSetup (only M15 timeframe)
- This EA is NOT sensitive to spread, slippage, or other broker-related variables.
- Use the recommended pairs only.
EA TESTING:
- Use the multi-currency mode of the MT5 tester to test the EA on all recommended pairs simultaneously.
- “open prices only” can be used for fast testing, as the EA only uses open prices internally as well
- Test on M15 timeframe only
- Long-term tests for 5-10 years are recommended to show the EA's stability during various market conditions.
Input Parameters
- OneChartSetup — Launching the adviser simultaneously in several currencies from one chart. Currency pairs must be listed with “,”.
- For_magic — Prefix for unique magic. It must be between 0 and 99.
- Only_One_Symbol? — If true, and there are open positions on the account, the adviser does not open new series of orders in another currency.
- For_autolot_use — Which base should the adviser use when calculating the lot: equity or balance?
- Or_use_fix_balance — Or insert a fixed balance amount in your deposit currency.
- AutoMM — if > 0, the EA uses automatic money management when calculating the lot. AutoMM <=1000 — very aggressive. AutoMM >= 5000 — conservative.
- Fix_lot_if_AutoMM=0 — a fixed lot for the first deal in a series.
- Recovery_Mode — If true, then the adviser closes a series of orders only with profit, but at the same time, the logic of work may be violated. If false, the EA works according to its logic, and a series of orders can be closed at a loss.
- Martin_Ratio — martingale coefficient for a series of orders.
- First_real_deal — The greater the value, the less often the trades, but they are better.
Recommended Input Parameters (balanced risk):
- AUDNZD,NZDCAD,AUDCAD
- Only one symbol? = false
- For Auto lot use: Equity
- AutoMM = 2000
- Recovery Mode = true
- First real deal = 3
- Minimum balance $1000
- Recommended leverage 1:200 or more
Specification: Forex North East Way Robot 1.307 (no DLL)
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What You'll Get:
Forex North East Way Robot 1.307 (no DLL)
$23.99 – $499.99
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