The North East Way EA for Metatrader 4 is a profitable Forex trading robot designed to trade the AUDCAD, AUDNZD, NZDCAD pullback currency pairs.
Additionally, the EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD can be traded as well.
This expert advisor only works on the 15-minutes chart.
Setup
If you want to trade all aforementioned currency pairs, please add the string exactly as follows in the One chart setup multi currency mode input (EA properties):
AUDNZD,NZDCAD,AUDCAD,EURGBP*0.5,EURUSD*0.5,GBPUSD*0.5,USDCAD*0.5,GBPCAD*0.5,EURCAD*0.5
If you want to trade the 3 pullback currency pairs only, add the following string:
AUDNZD,NZDCAD,AUDCAD
This fully automated trading robot should work with any Forex broker of your preference.
As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.
Free Download
Download the “North East Way _V1.306_Fix.ex4” expert advisor
Chart Example
The picture below shows the Advanced Moving Average EA attached to the EUR/USD H1 chart.
Input Parameters & Settings
The following input parameter values can be modified by accessing the EA’s “Inputs” tab:
One chart setup multi currency mode, first position, magic number, using virtual profit, auto lot use, recovery mode, grid
Trading Results
As you can see from the analytics below, the North East Way EA does pretty well and is profitable in the long run (click to zoom).
Download This Expert Advisor
Download the “North East Way _V1.306_Fix.ex4” EA
Recommendations & Specifications
- Trading instruments: AUDNZD,NZDCAD,AUDCAD,EURGBP*0.5,EURUSD*0.5,GBPUSD*0.5,USDCAD*0.5,GBPCAD*0.5,EURCAD*0.5
- Time frames: M15
- Minimum account balance: $1000
- Demo account: Yes
- Real account: Yes
- Trading platform: Metatrader 4
How to install and run the North East Way EA?
- Open the Metatrader 4 platform
- From the top menu, click on “File”
- Now click on “Open Data Folder”
- Open the “MQL4” folder
- Open the “Experts” folder
- Copy the North East Way _V1.306_Fix.ex4 file here
- Then close and restart the MT4 platform
- Attach the expert advisor to the chart
Now, you are ready to start using the North East Way EA!