North East Way EA MT4 is an advanced automated Forex robot for M15, trading AUDNZD, NZDCAD, AUDCAD, low risk, high frequency, smart money management strategy.
Original price was: $12,483.00.$60.00Current price is: $60.00.
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North East Way EA is a highly advanced and powerful automated trading robot known for its exceptional trading performance over the years. Optimized to trade on currency pairs like AUDNZD, NZDCAD, and AUDCAD, this expert advisor operates exclusively on the M15 timeframe. Designed for serious traders, North East Way EA requires a minimum starting capital of $5,000, making it ideal for those looking to maximize returns with a well-tested, reliable Forex robot.
OneChartSetup: Run multiple pairs from one chart (M15 only).
Broker-independent: Not affected by spread, slippage, or execution delays.
Compatible pairs: AUDNZD, NZDCAD, AUDCAD recommended (Others optional).
Designed for low-risk, high-frequency intraday trades.
No manual intervention required.
Suitable for passive investors and full-time traders.
Built-in Stop Loss (SL) and Take Profit (TP) functionality.
Keeps drawdowns under control.
Trades only on the M15 timeframe for accuracy and consistency.
Limited currency pairs = deeper market focus.
North East Way EA myxfbook
Has software stability and reliability under different market conditions.
North East Way EA MT4 Backtest
North East Way EA MT4 Backtest Results
North East Way EA MT4 Review
Experts: NorthEastWay MT4 V1.312_fix.ex4
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🔻North East Way EA is a multi-currency, grid-based Expert Advisor for MetaTrader 4, designed for flexible automated trading with equity-based money management and recovery features. Ideal for traders seeking conservative risk control with averaging strategies.
North East Way EA MT4 setting
| Parameter | Value | Explanation |
|---|---|---|
| Multi-Currency Mode | true |
Trade multiple symbols from a single chart |
| Comment Prefix | new |
Custom trade identifier for easy tracking |
| First Position Type | Long_and_Short |
Opens both buy and sell positions initially |
| Emergency Breakeven Close | false |
No automatic breakeven closing enabled |
✅ Allows flexible long/short trading to capture market moves both ways.
| Parameter | Value | Explanation |
|---|---|---|
| Magic Numbers Limit | 0 |
Unlimited EA instances or magic numbers |
| Symbols Limit | 0 |
Unlimited symbols traded |
| Auto Lot Sizing Basis | equity |
Dynamic lot size calculated from account equity |
| Fixed Lot (if AutoMM off) | 0.01 |
Minimal fixed lot size for manual risk control |
✅ Uses equity-based lot sizing for adaptive risk management.
| Parameter | Value | Description |
|---|---|---|
| Recovery Mode | true |
Activates recovery strategy to manage losses |
| Martin Ratio | 2.5 |
Multiplies lot size by 2.5x on averaged positions |
⚠️ Recovery mode with a Martin ratio of 2.5 speeds up loss recovery by increasing trade size.
| Parameter | Value | Role |
|---|---|---|
| Grid Activation Threshold | 3 |
Grid trades begin after 3 initial positions |
Grid averaging starts after several initial trades, providing market direction flexibility.
In summary, North East Way EA MT4 is a sophisticated and powerful automated trading robot designed for traders who seek high-frequency, low-risk intraday trading on select currency pairs like AUDNZD, NZDCAD, and AUDCAD. Optimized for the M15 timeframe, this Expert Advisor combines a grid trading strategy with advanced money management and recovery features, making it ideal for serious investors with a minimum capital of $5,000 aiming for consistent and substantial returns.
>>> Reviewed by Jason Stap <<<
1. What is North East Way EA MT4 and which currency pairs does it trade?
North East Way EA MT4 is an advanced automated Forex trading robot designed for the MetaTrader 4 platform. It specializes in trading currency pairs AUDNZD, NZDCAD, and AUDCAD on the M15 timeframe, using a grid-based strategy for high-frequency intraday trades.
2. What are the minimum capital requirements for using North East Way EA?
This EA is designed for serious traders with a minimum starting capital of $5,000, allowing it to maximize returns through well-managed, conservative risk control and equity-based money management.
3. How does North East Way EA manage risk and drawdowns?
The EA features built-in Stop Loss and Take Profit settings, plus advanced risk controls such as recovery mode and grid averaging with a Martin ratio of 2.5, which helps speed up loss recovery while keeping drawdowns under control.
4. Can I trade multiple currency pairs with North East Way EA on one chart?
Yes, North East Way EA supports the OneChartSetup feature, enabling users to run multiple currency pairs simultaneously from a single M15 chart, enhancing ease of monitoring and trading efficiency.
5. What is the trading strategy behind North East Way EA?
North East Way EA uses a grid trading strategy combined with equity-based money management and averaging/recovery features. It opens both long and short positions to capture market movements in either direction, focusing on low-risk, high-frequency intraday trades.
6. Are there verified results proving the performance of North East Way EA?
Yes, North East Way EA has verified Myfxbook live trading results showing a total gain of +563.86%, backed by long-term trading history and strong backtesting data with over $2.8 million net profit and a 75.8% win rate.
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