North East Way EA is a fully automated Forex trading system available for free download, designed specifically for traders looking to capitalize on “pullback” trading opportunities. Using core market patterns, this EA effectively identifies price retracements following sharp movements—making it especially powerful with popular pullback pairs like AUDCAD, AUDNZD, and NZDCAD.
Key Features of North East Way EA
- OneChartSetup: With OneChartSetup, North East Way EA allows you to manage all recommended pairs from a single chart. This setup saves time and simplifies trade management across multiple currency pairs.
- Optimized for M15 Timeframe: The EA is calibrated to perform best on the M15 timeframe, making it ideal for traders who favor shorter-term trades.
- Broker Resilience: North East Way EA is engineered to handle various market conditions and is resilient to broker variables like spread and slippage, enabling consistent performance across different brokers.
For performance testing, the MT5 platform offers a multi-currency mode, allowing simultaneous testing across all recommended pairs. The EA’s internal “open prices only” mode speeds up backtesting, and long-term tests (5-10 years) are recommended to ensure stability through different market conditions.
Recommendations for North East Way EA
Minimum Account Balance: $500 with 1:500 leverage or $1,000 with 1:200 leverage. 
Optimal Currency Pairs: AUDCAD, AUDNZD, NZDCAD (compatible with other pairs).
Best Timeframe: M15.
Backtesting: Use MT5 for accurate backtesting; MT4 may have limitations in strategy testing.
Recommend running this free forex EA on a VPS (Vultr)
Low Spread ECN account is also recommended Icmarket and Exness
Broker Type: While resilient to spread and slippage, using an ECN broker is advised for optimal results.
North East Way EA is a highly efficient solution for traders looking to automate their pullback trading strategy with reliable performance across market conditions, simple multi-pair management, and a focus on high-probability trades.
