Market / MetaTrader 4 / Experts /

North East Way EA

12 483 USD

Demo downloaded: 19 441

Published: 30 March 2020

Current version: 1.312

North East Way EA

4.27

Experts
PAVEL UDOVICHENKO
Version: 1.312
Updated: 2 March 2023
Activations: 7

This is the old version of North East Way Ea.
North East Way EA for MT4 terminal will not be developed.
In accordance with the rules of mql5.com, I will continue to support this EA and, if critical errors are found, I will fix them.
I recommend that you use the NorthEastWay MT5 version of my EA.

North East Way EA it is a fully automated “pullback” trading system, which is especially effective in trading on popular “pullback” currency pairs: AUDCAD, AUDNZD, 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
Additional currency pairs: EURGBP, EURUSD, GBPUSD, USDCAD, GBPCAD, EURCAD.

LIVE Signals:

I don't have the signals that this EA uses.

After buying EA, be sure to write to me in private messages, i will add you to a private group, send you set files and additional detailed instructions.

I am ready to help each buyer install and configure the advisor.

If you have never used EAs before, I will show and teach you how to use it.

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 any other broker related variables.
Use the recommended pairs only.

EA TESTING:

Use the multi-currency mode of the MT5 tester to simultaneously test the EA on all recommended pairs.
Watch the video for an example.
"open prices only" can be used for fast testing, as the EA only uses open prices internally as well
Test on M15 timeframe only
Longterm tests for 5-10 years are recommended to show the EA's stability during various market conditions.

Input Parameters

OneChartSetup — Launching the adviser at once in several currencies from one chart. Currency pairs must be listed with ",".
For_magic — Prefix for unique magic. 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 be used by the adviser when calculating the lot: equity or balance.
Or_use_fix_balance — Or insert a fixed amount of balance in the currency of your deposit.
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 — 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, then the EA works in accordance with 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 Autolot use: equity
AutoMM = 2000
Recovery Mode = true
First real deal = 3

Minimum balance $1000
Recommended leverage 1:200 or more

Recommended Input Parameters (balanced risk):

OneChartSetup = AUDNZD,NZDCAD,AUDCAD,EURGBP*0.5,EURUSD*0.5,GBPUSD*0.5,USDCAD*0.5,GBPCAD*0.5,EURCAD*0.5
Only one symbol? = false
For Autolot use: equity
AutoMM = 3000
Recovery Mode = true
First real deal = 3

Minimum balance $5000
Recommended leverage 1:200 or more

Run the EA on the same chart with the M15 timeframe.

MT5 Version: NorthEastWay MT5

PS: I sell my Expert Advisors only on mql5.com. If you see my advisors for sale on other resources, they are scammers, they sell a fake.

PS2: Buyers of the advisor have the right to join the private user group. To receive an invitation to join a group, you must write in the "comments" section a request to add to a private group.

more...

545

198693421 2022.07.10 11:02 #

Very good, in use

106

achurby 2022.04.16 16:43 #

Have owned this EA since Sep. 2021. The product, support, and user community are top shelf. It's an investment, but worth it. It's configurable based on your goals and risk tolerance. Highly recommend! Thanks for such a great product, Pavel!

Aurimas1985 2022.03.24 14:45 #

One year now, working very well :)

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NorthEastWay MT5 it is a fully automated “pullback” trading system, which is especially effective in trading on popular “pullback” currency pairs: AUDCAD, AUDNZD, 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 Additional pairs: EURUSD, USDCAD, GBPUSD, EURCAD, EURGBP, GBPCAD LIVE Signals (different settings): MultiWayStrait MT5 Roboforex NEW200

12 483 USD

LittleCrazy MT5 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timeframe: M15 Currency pairs: AUDNZD, NZDCAD, AUDCAD LIVE Signal: LittleeCrazyWay MT5 PROFITABILITY AND RISK The expected estimated profitability according to the backtest data is about 200% - 400% per year. The expected maximum drawdown is abo

387 USD

LittleCrazy Mt4 will not be developed, but will be maintained by me if critical bugs are found. This is still an aggressive and profitable EA. But if you use this EA, then you should be prepared for the fact that your account may explode. LittleCrazy MT4 is a fully automated trading system that doesn't require any special skills from you. Just fire up this EA and rest. You don't need to set up anything, EA will do everything for you. EA is adapted to work on small deposits from $200. Timefram

387 USD

Filter:

sirgood- 2022.11.21 18:28 #

Exploded. Lot's of people lost loads of money. Me too.

Re to Pavels reply: the explosion has nothing to do with greed nor settings, as Pavel mentioned himself it was his mistake adding GBP pairs.

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Reply from developer PAVEL UDOVICHENKO 2022.11.21 18:33 #

My EA is a tool. This is a great tool. But do not overestimate this tool, it is not the holy grail that will solve all your problems. Less greed, less risk, more stability.

104

Barry Bumble 2022.09.26 16:30 #

So here is the honest review of the last 24 hours of trading using Multi way where Pavel's EA blew around 20 million of users funds. Friday start of trade - GBP gets hit pretty hard. I ask Pavel if it'll be ok. Pavel says "hope so". This is when Pavel should have pulled the plug. There's a comment earlier which says "warning: listen to Pavels settings and then leave it alone". So we all did this. But in reality we should have pulled the plug. 24 hours of trading left and most people using MW lost their money. A few people saying they lost their lives savings etc. Pavel has deleted his MW signals and will probably think of an excuse to shift blame from him. People who have lost 15 million (the signal) can't complain. And you, potential buyers can't see this either. Pavel says he is the one responsible to tell us about a Black Swan event which he didn't do. My advice - DON'T BUY THIS EA. The author really doesn't care about anyone other than himself and his money.

EDIT ----------------------: So Pavel has replied. Pavel is very arrogant about his EA. Not once did he tell us his settings would be incorrect for the EA. We altered our settings to what he suggested and WERE TOLD to leave it alone after that. Pavel changes his mind now about his initial advice and joins the list of reckless EA creators who have lost users far more than they put in. Also speaking to a lot of members in the group, his users lost a lot more than that. Pavel has no right to cry to anyone. He told everyone his EA was completely safe and would guarantee returns within his parameters. However, here we are. I met some of the users in real life after this happened. A lot of them lost 200k+, tears running down their faces, they've lost almost everything. If it wasn't safe, Pavel should have made this clear.....he didn't. Pavel is now telling everyone not to use certain pairs now, after we all lost a lot of money. If it's such a great EA, why does he feel the need to change it. If he's such a great EA maker, why is he going against the original EA now. DON'T BUY THIS EA

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Reply from developer PAVEL UDOVICHENKO 2022.10.04 16:11 #

My EA is a tool. This is a great tool. But do not overestimate this tool, it is not the holy grail that will solve all your problems.

545

198693421 2022.07.10 11:02 #

Very good, in use

1589

Kurt 2022.05.08 13:11 #

User didn't leave any comment to the rating

106

achurby 2022.04.16 16:43 #

2701

JJJJ65 2022.04.07 11:19 #

User didn't leave any comment to the rating

Aurimas1985 2022.03.24 14:45 #

One year now, working very well :)

1286

Sathit Sukhirun 2022.03.22 05:25 #

Be good Ea

Stocken77 2021.12.11 23:52 #

User didn't leave any comment to the rating

Peter TEMME 2021.12.11 21:36 #

Great EA, stable and profitable. Make sure you follow all recommendations on getting a good broker and VPS and have correct equity for your settings (Minimum $10k). The programmer Pavel is very helpful.

375

King-fx 2021.12.11 13:08 #

This best EA on the market. Continuously profitable month after month averaging 6.5% with low drawdown under 8% on standard risk settings. Highly recommended.

198

Quan Wang 2021.12.11 12:21 #

I've been using it for almost half a year, and I haven't had a losing month, it is really great

102

sniper_ 2021.12.11 02:42 #

What a creation of Sir Pavel, the best and amazing EA. Profitable and highly recommended.

262

Bing Chen 2021.12.10 12:56 #

Amazing EA! I strongly recommend owning it. When I start FX trading, I often sleep very difficultly. But after running this EA, I have lots of time to take care of my family and smile on my face. I feel my life is so EASY! The author of this EA is a real talent.

738

Gerhard Füssel 2021.12.10 00:50 #

This EA is an absolute masterpiece and certainly an absolutely reasonable investment for the financial future! Pavel, the developer of this EA is both an outstandingly experienced trader with enormous knowledge and an extraordinary experienced programmer who implements his knowledge uniquely in his EA. Another important point is the unique, always helpful community, which partly also is composed of very experienced traders who always are ready to help less experienced traders or complete newbies! Sounds like a hymn of praise and it is, because this is the only EA that actually works profitably in the long term and is able to fundamentally change lives in financial terms! This EA is worth every single dollar and actually deserves far more than just 5 stars!

422

Paolo Terenziani 2021.12.09 20:50 #

after 4 months of continuos use I can say that this system is very very roboust and worth the money to pay. A warning: just listen to the Pavel setup and do not touch it anymore, that's the base.

887

Tony Zxx 2021.12.09 05:57 #

Know that this is a place where you come and if you follow the rules, you WILL make money, with all the certainty there is to offer.

198

Roman Seder 2021.12.09 05:56 #

User didn't leave any comment to the rating

246

BBQGOIN 2021.12.09 01:54 #

User didn't leave any comment to the rating

161

Rothgar 2021.12.09 01:33 #

User didn't leave any comment to the rating

1 2 3 4

Version 1.312 2023.03.02

Version 1.312 is mandatory.

Correction of a critical error in version 1.311.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.311 2023.01.25

Version 1.311 is optional.

Correction of a critical error in version 1.307+1.310, which led to the opening of positions with the C0 comment.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.310 2023.01.19

Version 1.310 is optional.

Correction of a critical error in version 1.307, which led to the opening of positions with the C0 comment.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.307 2022.09.17

Version 1.307 is optional.

Improved work of EA with global variables.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.306 2022.07.05

Version 1.306 is mandatory.

1. Correction of a critical bug that could lead to an unexpected stop of EA.

2. Correction of a bug in the work of Virtual TP.

3. Correction of a bug with closing a transaction on a night rollover when expanding the spread for most brokers.

4. Minor fixes in the code.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

PS I recommend that you update EA when there are no open trades on your account.

Version 1.305 2022.05.16

Version 1.305 is optional.

1. If, for some reason, global variables were deleted in the terminal where EA is running, then EA was able to handle this situation on its own.

2. Fixed bugs in the code.

3. Added additional checks for lack of connection to the server or the use of "investor password" to connect to the account.

4. Added the "Additional funds in account currency" field in the settings. EA adds the value in this field to the balance/equity size when calculating the bot size.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

PS I recommend that you update EA when there are no open trades on your account.

Version 1.302 2021.12.09

Version 1.302 is optional.

1. Modification of the New Year's trading weekend.

NorthEastWay ЕА switches to rest mode 7 days before the end of the year. This Christmas weekend cannot be canceled.

Since the start of the year, EA is on New Years trading weekend. The duration of the New Year's weekend can be adjusted.

By default, New Year's trading weekend are 14 days. But you can shorten this period to 7 days or completely skip the New Year trading weekend.

I recommend leaving the default and leaving 14 days of New Years (0 days).

2. Added a new parameter. "Number_of symbols_no_more". If "> 0", then this limits the number of simultaneously traded symbols. If the default is "= 0" then there is no limit.

3. The "Only_one_symbol" parameter has been removed from the settings.

P.S. you don't need to change any settings, you only need to update EA! All my updates are implemented so that after the update you do not need to change the settings.

To update the EA correctly:
0. Save (or remember) current EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.300 2021.10.24

Version 1.300 is mandatory. In EA, critical bugs have been fixed and new functionality has been added.

1. Fixed bugs that led to incorrect EA work or which led to a critical error and stopped EA from working.

2. "FirstPosition => NotOpen" mode has been improved. Now EA stops trading much faster if necessary. When this mode is activated, all virtual series of deals are closed, and new series of deals are not opened.

3. Added new mode "Emergency_closing_at_breakeeven". If you activate this mode, EA will immediately begin to close all series of transactions that are in profit.
This mode does not affect the EA operation logic.

Thus, if you want to "smoothly" close the EA without losing potential profit for open series, then you need to set the "FirstPosition => NotOpen" mode.

If you want to correctly terminate EA's work as soon as possible without getting a loss, you need to activate both modes. "FirstPosition => NotOpen" and "Emergency_closing_at_breakeeven => true".

To update the EA correctly:
0. Save (or remember) the EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.

Version 1.232 2021.03.09

For users of version 1.230, 1.231 update 1.232 is mandatory. It is optional for other users.

1. Fixed division by zero bug in version 1.230 & 1.231.

To update the EA correctly:
0. Save (or remember) the EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.

Version 1.231 2021.03.09

For users of version 1.230, update 1.231 is mandatory. It is optional for other users.

1. Fixed division by zero bug in version 1.230.
2. The information panel has been improved. Now, if the balance currency differs from USD, then the additional information panel displays the size of the balance in USD.

To update the EA correctly:
0. Save (or remember) the EA settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Make sure that the advisor's settings are not reset.

Version 1.230 2021.03.03

Optional update.

1. Fixed error of EA reinitialization in MultiCurrencyMode. Now you do not need to restart the terminal if you accidentally change the timeframe or change the EA settings.

2. Fixed a bug with an endless flow of information about the wrong timeframe. When you return to the M15 timeframe, the error is no longer reflected. You no longer need to restart EA.

3. Added the ability to use a virtual take profit. This is necessary if the broker asks you to lower EA's activity. Use the virtual TP only in extreme cases - when the broker asks for it.

4. Added the ability to stop opening new series of trades if trades with n-th number of other unique magicians are open on the account.

5. The information panel has been improved. Spread information is updated in real time. If something interferes with EA's work, the panel changes color to bright red.

Other minor bugs fixed. Improved EA stability.

To update the EA correctly:
0. Save (or remember) expert advisor settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Check that the advisor's settings have not been reset.

PS. Subscribe to my telegram channel: https://t.me/new_signals

Version 1.220 2020.12.28

Optional update.

Added a field to the EA settings
"Long vacation after New Year?"

If true (default), then the EA operates in "close only" mode for 7 days at the end and 14 days at the beginning of the year. In total, 21 days without active trading.

If false, then the EA works in the "open only" mode for 7 days at the end and 7 days at the beginning of the year. A total of 14 days without active trading.

To update the EA correctly:
0. Save (or remember) expert advisor settings.
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.
4. Check that the advisor's settings have not been reset.

PS. Subscribe to my telegram channel: https://t.me/new_signals

Version 1.219 2020.12.28

Version 1.216 2020.11.06

MANDATORY UPDATE

Fixed a critical error in the advisor's code, which could lead to an unexpected stoppage of the advisor's work or to its absolutely incorrect work.

To update the EA correctly:
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.

PS. Subscribe to my telegram channel: https://t.me/new_signals

Version 1.215 2020.10.13

- Changed the processing of the server response when modifying take profit positions. This is a very important update for IC Markets broker users, which previously warned about account hyperactivity when using the EA.

- Added information about the "First Real Deal" used and information about the advisor version to the panel.

To update the EA correctly:
1.1. Download the latest version of the advisor.
1.2. Or delete the old advisor file and upload a new one.
2. Close the terminal.
3. Start the terminal.

PS Subscribe to my telegram channel: https://t.me/new_signals

Version 1.211 2020.09.02

Version ЕА 1.210 for MT4 is not valid. If you installed EA 1.210 for MT4, then you should definitely update the EA version to 1.211.

To update the EA correctly:
1. Download the latest version of the advisor.
2. Close the terminal.
3. Start the terminal.

PS Subscribe to my telegram channel: https://t.me/new_signals

Version 1.210 2020.09.01

- Horizontal lines preceding real trades are now marked in red.
- Minor code improvements.
- Alerts removed, all errors will be available only in the log.
- Reduced the number of requests sent to the trade server.

To update the EA correctly:
1. Download the latest version of the advisor.
2. Close the terminal.
3. Start the terminal.

PS Subscribe to my telegram channel: https://t.me/new_signals

Version 1.200 2020.08.11

Fixing errors in the code.

To update the advisor correctly:
1. Download the latest version of the advisor.
2. Close the terminal.
3. Start the terminal.

P.S. Subscribe to my telegram channel: https://t.me/new_signals

Version 1.191 2020.08.11

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Version 1.19 2020.07.30

Fixing identified errors in the code.

To update the advisor correctly:
1. Download the latest version of the advisor.
2. Close the terminal.
3. Start the terminal.

Version 1.18 2020.07.26

1. Added the "prefix for comment" field in the settings, where you can change the prefix for comments to the EA's positions.

2. In the advisor window, a link to the telegram channel of this advisor has been added https://t.me/new_signals. Be sure to subscribe to it!

P.S. Please leave your feedback to this advisor in mql5 market. Positive feedback strongly encourages me to develop and improve this EA. We will all benefit from this.

Version 1.17 2020.07.21

Fixed empty testing on pairs with postfix and prefix.

Version 1.16 2020.07.08

The mechanism for correct transaction virtualization has been improved.

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