• Información general
  • Comentarios (11)
  • Discusión (99)
  • Novedades

NewWayEA

17 copies   $399   >>>   Price will Rise    $$$


The EA requires an ECN / STP broker with the razor/RawSpread/Pro account type, etc.. The spread is not more than 5 points (5 Digits). StopLevel no more than 5.

If there are no deals in the tester, write to me and I will help you.

When testing in TDS2 or Tickstory, use GMT 2 (DST US/Europe)


New expert Advisor based on  levels.

Recommended currency pair EURUSD / M30 Timeframe


I also recommend first instal or upgrate the EA during non-trading hours for the EA. (from 20: 00 to 00: 00 GMT 0). That all transactions would match!


The EA uses several ways to support transactions based on different price formations.

The EA has been tested from 2010 to the present day in various market conditions/periods (testing at an earlier period does not make sense, because the spreads were very large and the market was very volatile). Using professional software.

Also conducted a stress test for the last year! With simulation of real spreads (extensions), market delays (simulation of real execution of trades/stops) and real slippages (based on delays, pending orders 100-150ms market orders 200-300ms). The results are close to real deals.

  • Always use stop loss
  • Martingale/ grid / hedging is not used, etc.

Monitoring of real trading Advisor - https://www.mql5.com/en/signals/author/bebikovi

Recommendations for risk (maximum):

  • 1:200  -   Risk = 80;
  • 1:100  -   Risk = 40;
  • 1:50   -    Risk = 20;
  • 1:30   -    Risk = 10;

Recommendations:

  • The recommended currency pair is EURUSD.
  • The recommended timeframe is M30.
  • I recommend using ECN / STP brokers with a low spread (a maximum of 5-7 points (on five-digit quotes) average spread).
  • I strongly recommend using VPS.
  • The minimum recommended Deposit is $50.

Description of input parameters:

  • Magic Signal 1 - magic number for orders on signal #1;
  • Magic Signal 2 - magic number for orders on signal #2;
  • Show Info Panel - show info panel (true/false);
  • EA Comment - comment on EA trades;
  • Risk - lot size based on maximum risk per trade (if 0 - then FixLot is used);
  • Fix Lot - fixed lot size;
  • Take Profit - take profit;
  • Stop Loss - stop loss;
  • Spread control (current) - control the current maximum spread;
  • Spread control (average) - control the average maximum spread;
  • Buy Pending shift - shift for a buy order;
  • Sell Pending shift - shift for a sell order;
  • Winter GMT Offset - winter time zone of the server;
  • EA Start Hour - the start hour of work;
  • EA End Hour - end hour of work;
  • Friday End Time - end time of work on Friday;
  • Christmas Weekend (20.12-10.01) - Christmas Weekend (20.12-10.01) (true - trading off/ falce - trading on);
  • The news filter (enable/disable) - news filter (on/off). (please do a test it first)
  • Indent after News, minutes - offset after the news (in minutes).
  • Indent before News, minutes - offset before the news (in minutes).
  • Enable light news - enable low-impact news.
  • Enable medium news - enable medium-impact news.
  • Enable hard news - enable high-impact news.
  • Your Time Zone, GMT (for news) - server time zone (for news).
  • Hard trend filter(from H4) - strong trend filter (for a 4-hour timeframe);
  • Risk mode-lot calculation mode based on the Risk value (free margin / balance);
  • Lot correction-correction of the order lot when the account size decreases / increases;

In order to activate the The news filter function, enable "Allow WebRequest" and add "http://ec.forexprostools.com" to the URL list for WebRequest.

The news filter deletes orders when the price approaches the order during the news period (specified in the settings). If there are lines with news on the chart, then the news filter works.

Forex Monkey
228
Forex Monkey 2020.02.21 07:25 
 

Just check the author's monitor signal.

Today is 21-Feb-2020.

It has 92% win and it's return is -7%. Backtest the EA yourself and see whats the historic win rate. You will know that if you should buy this EA or not.

I give it 2 stars because the author seems to be a honest guy. He didn't remove the signal even if there is a losing trade. And he is willing to keep improving the EA. I will update my review if the EA improved in the future.

specialized
103
specialized 2020.02.16 12:20 
 

Currently still testing the EA, we form a telegram group here https://t.me/newwayea

Will revisit this review again in 3 weeks.

im also selling some of my NEWWAY EA activations. PM me to buy at discounted rate

COSTIN-OVIDIU CRETU
225
COSTIN-OVIDIU CRETU 2020.02.14 08:26 
 

For those who still give 5 * and appreciate this EA:

https://www.mql5.com/en/signals/652192#!tab=tab_account

Do you think you must be a genius to understand? This EA is not adapted to current market conditions, the backtest looks great, but to what benefit?

Common1990
70
Common1990 2020.02.13 22:05 
 

Very good EA with solid strategy. Backtest over the last 3 months was very precise to my and the authors real account.

You dont get this often when comparing real results with 99.9% Backtests (Including comission, slippage and spread).

The guys who are complaining here dont understand how this EA works and clearly didnt backtest it.

Author is very responsive to me!

I'll keep on trading with this EA, keep it up Ivan.

Trevor Schuil
2825
Trevor Schuil 2020.02.13 06:52 
 

what a pile of junk! how did this ea become top rating?? are you people stupid??

places buy or sell stop order at the high or low with a 20pip stop... thats it. Profits are around 2pips.

After 3 trade account is down 20% no hope of recovery only making 2pips after some days.

Oh yes and author not answering my questions

https://www.mql5.com/en/signals/652192#!tab=tab_account

look at trade no14 ... its a loss ... wonder if the author closed it manually

Kashta
111
Kashta 2020.02.05 12:50 
 

I bought NW today .

I tested demo version over 5/10 years . Results are very very impressive even at Low Risk ( 5%°) .

Stop Loss is rarely hit . In addition it recovers losses very quickly and WHITHOUT MARTINGALE .

Results of démo test on my MT4 match to actual results of signals . It's a Long Term System , exactly what i want .

I will update in a few month once I have more real trading history going forward .

Aceman123
768
Aceman123 2020.02.05 09:28 
 

Breakout strategy based on major support/resistance levels, entries are triggered on stop orders (pending).

The concept in itself is nothing new or fancy, but it can work OK provided you have a decent execution with minimal slippage.

Support good, backtests good. I will update my impressions in a few months once I have more trading history going forward.

Vidmantas Stanaitis
120
Vidmantas Stanaitis 2020.02.05 02:12 
 

Looks promising

BitcoinLife
174
BitcoinLife 2020.01.27 14:40 
 

For the moment, perfect, in my opinion one of the best EA in the market

I will update with the progress

Ck.
351
Ck. 2020.01.15 17:27 
 

Excellent EA. I believe it's worth more than it's current price.

Moreno Dainese
1024
Moreno Dainese 2020.01.15 13:05 
 

for the moment very good!!!

Versión 1.62 2020.02.16
added additional filter and functions
- Hard trend filter(from H4) - strong trend filter (by 4-hour timeframe)
- Risk mode-lot calculation mode based on the Risk value (free margin / balance)
- Lot correction-correction of the order lot when the account size decreases / increases
Versión 1.6 2020.01.27
- Fixed a bug related to adding a news filter (orders were not placed when the filter was disabled)
if you updated to version 1.4/1.5, be sure to update to version 1.6!
Versión 1.5 2020.01.27
- fixed several code errors (minor)
Versión 1.4 2020.01.27
- added a news filter (disabled by default)
Versión 1.3 2020.01.06
- code fix (adaptation of trades to different spreads)
Versión 1.2 2019.12.23
Added ability to enable / disable trading on Christmas weekend (20/12-10/01). Trading is disabled by default.
- Christmas Weekend (20.12-10.01) - Christmas Weekend (20.12-10.01) (true - trading off/ falce - trading on);
Versión 1.1 2019.12.07
- fixed a bug with resetting level data when reinitializing EA