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NorthEastWay MT5

5

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

LIVE Signals:

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

These settings are used by the FastWay signal

MT4 Version: NorthEastWay MT4

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.



Reviews 19
Lokoshon1
112
Lokoshon1 2021.12.31 20:28 
 

Excellent EA!! As long as you listen to Pavel and follow his recommendation, EA works great.

Torsten Hummitzsch
352
Torsten Hummitzsch 2021.12.10 15:35 
 

I've been using the EA since June 2021. I was skeptical at first. But it is easy to set up and has earned its purchase price in a very short time. The support is also great. If you choose your risk attitudes carefully, you are a winner. thank you

220072256
2221
220072256 2021.11.25 01:08 
 

Sono estremamente felice. Ho comprato ieri questo fantastico EA,oggi é il primo giorno e sono gia in guadagno. Gentilissimo e disponibilissimo Pavel. Questo è un trading automatico che genera utili costanti. 5 stelle meritate!!

Supporto di Pavel eccezionale!!!

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Ervand Oganesyan
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Filter:
Lokoshon1
112
Lokoshon1 2021.12.31 20:28 
 

Excellent EA!! As long as you listen to Pavel and follow his recommendation, EA works great.

Torsten Hummitzsch
352
Torsten Hummitzsch 2021.12.10 15:35 
 

I've been using the EA since June 2021. I was skeptical at first. But it is easy to set up and has earned its purchase price in a very short time. The support is also great. If you choose your risk attitudes carefully, you are a winner. thank you

220072256
2221
220072256 2021.11.25 01:08 
 

Sono estremamente felice. Ho comprato ieri questo fantastico EA,oggi é il primo giorno e sono gia in guadagno. Gentilissimo e disponibilissimo Pavel. Questo è un trading automatico che genera utili costanti. 5 stelle meritate!!

Supporto di Pavel eccezionale!!!

Preeda Boonkhun
2503
Preeda Boonkhun 2021.09.09 10:19 
 

User didn't leave any comment to the rating

King-fx
120
King-fx 2021.08.14 12:00 
 

14/8 After reviewing the majority of highly ranked experts on the marketplace I purchased NEW and have been running it from May 2021. Drawdown has been low generally under 10%. Returns May 3.7%; June 2.3%; July 18.7% for an average over 8% per month. With my account size the expert paid for itself in a couple of weeks and has been consistently profitable with over 80% winning short and long trades. The expert is easy and fast to set up. Pavel provides excellent prompt support and clear settings for various risk/reward tolerance. This appears to be one of the few experts that can be comfortably run on large accounts over a long period of time. Highly recommended.

14/9 update I am running on different terminals with varying parameter settings. In August it made 8.6% on my main account on a moderate risk setting. It continues to perform reliably with 81%+ winning trades with a low drawdown under 4%. Pavel has produced an excellent expert and gives good support.

11/12 The EA continues to perform. I run different accounts with varying risk settings so get different results and drawdowns

Myfx results on standard settings for 6 months July to December so far have been 1.93% 8.18% 4.28% 5.86% 4.56% 6.30% with average monthly return 6.5%

79% wins on both long and short. Profit factor 2.92

Maximum drawdown over that period was 8% but mostly under 5% except for a few occasions.

I have additionally setup accounts using ETH and BTC as base currencies and been producing profits in Crypto using NEW.

Consistently profitable with low drawdown and good support.

Stefan Kleineniggenkemper
307
Stefan Kleineniggenkemper 2021.04.01 06:19 
 

I bought this product on 03/23/2021, where I can hardly write about the EA itself. So far it has been working reliably and has been generating income since the beginning. The product does not have enormous requirements for a VPS. After a longer test period, I will write a more detailed report on the product. I am writing this early review for the reason that Pavel's service is outstanding. I have already bought some products in this price category, but no one has provided such a service so far. You can write to him at any time and receive a prompt response. He connects to you and helps with any question. The Telegram community is also very strong and helpful. Everyone helps everyone there. So if you are looking for a product with strong service and a good community, this is the product for you.

Francisco Garzón
151
Francisco Garzón 2021.02.11 03:36 
 

User didn't leave any comment to the rating

Evgeny Mikhaylov
527
Evgeny Mikhaylov 2020.09.29 10:27 
 

User didn't leave any comment to the rating

PAVEL UDOVICHENKO
12542
Reply from developer PAVEL UDOVICHENKO 2021.02.05 02:11
The logic is as follows. When an advisor goes into a large drawdown, its goals shift from "making a profit" to "keeping a deposit" and, in order to reduce risks, exits positions at the slightest opportunity This approach allows this EA to work for years with high profitability without blowing up your account. The main profit comes from situations when drawdowns are not deep. If the drawdown is deep, then most likely the positions will be closed with a minimum profit. Therefore, if the drawdown is deep, then the profit is not important, it is more important to unload the deposit by closing the position with a minimum profit.
Dmitrii Voronov
208
Dmitrii Voronov 2020.09.07 08:07 
 

User didn't leave any comment to the rating

sherbird
370
sherbird 2020.09.05 18:00 
 

User didn't leave any comment to the rating

Matthias Gruhl
196
Matthias Gruhl 2020.08.28 12:54 
 

User didn't leave any comment to the rating

000Monkey
265
000Monkey 2020.08.18 22:31 
 

User didn't leave any comment to the rating

The9814
37
The9814 2020.08.18 18:14 
 

User didn't leave any comment to the rating

jonasw
552
jonasw 2020.08.18 05:36 
 

User didn't leave any comment to the rating

tomasoft
708
tomasoft 2020.08.11 20:19 
 

User didn't leave any comment to the rating

LUKE PERRETT
3021
LUKE PERRETT 2020.08.06 05:56 
 

User didn't leave any comment to the rating

negatory
345
negatory 2020.08.02 04:36 
 

User didn't leave any comment to the rating

PAVEL UDOVICHENKO
12542
Reply from developer PAVEL UDOVICHENKO 2021.02.05 02:07
Yes, you will not become Buffett tomorrow using my advisor. But you will be able to receive a steady income from month to month. My Expert Advisor is one of the few in the market that has a living history and has been in the top of the MQL5 rating for over half a year.
Boyifx Boyifx
181
Boyifx Boyifx 2020.08.01 12:51 
 

User didn't leave any comment to the rating

Sau Nok Leung
492
Sau Nok Leung 2020.07.28 17:22 
 

User didn't leave any comment to the rating

Reply to review
Version 1.309 2022.10.13
Version 1.308 is optional.

Fixed bug with "loss" of deals.

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 1.308 2022.10.12
Version 1.308 is optional.

Fixed bug with "loss" of deals.

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.

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).

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 1.301 2021.10.31
Version 1.301 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.

4. 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.

5. The "Only_one_symbol" parameter has been removed from 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 1.236 2021.04.30
Mandatory update for all buyers that EA trades with C0 comment. Again, again.

We solve the C0 problem in a different way and so that it really gets solved.

P.S. If you have deals in your account, you can update the EA.

To update the EA properly:
0. Save (or remember) expert advisor settings.
1.1. Download the latest version of Advisor.
1.2. Or delete the old advisor document and download the new one.
2. Connect the terminal.
3. Launch the terminal.
4. Check that the Advisor settings are not reset.
Version 1.235 2021.04.22
Mandatory update for all buyers for whom EA opens trades with the C0 comment. Again.

Another attempt to completely solve the C0 trade opening bug.

P.S. If deals are open on your account, then you can still update EA.

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.
Version 1.234 2021.04.21
Mandatory update for all buyers for whom EA opens trades with the C0 comment.

Another attempt to completely solve the C0 trade opening bug.

P.S. If deals are open on your account, then you can still update EA.

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.
Version 1.233 2021.04.14
Mandatory update

1. Fixed the error of opening deals with the C0 comment.

2. If the account currency differs from USD, then the balance in USD is displayed in the information panel.

P.S. If deals are open on your account, then you can still update EA.

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.
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 1.219 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 1.218 2020.11.11
Optional update

The bug with a floating trade when testing an Expert Advisor has been finally fixed.

Please do not use the previous version of the advisor 1.217.

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 1.217 2020.11.10
Optional update

Fixed a bug with a floating trade when testing EA.

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 1.216 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 1.210 2020.08.31
-Added comment prefix option.
-Added the ability to change the prefix of the magic.
-Horizontal lines preceding real trades are now marked in red.
-Small code improvements.
-Alerts removed, all errors will be available only in the log.

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 1.20 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 1.19 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. 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.