Unlocking Profit Potential with NorthWest EA – Your Free Metatrader 4 Expert Advisor

Unlocking Profit Potential with NorthWest EA – Your Free Metatrader 4 Expert Advisor

NorthWest EA stands out as a Metatrader 4 Expert Advisor, available for free download, operating on a robust trend reversal strategy. Designed to buy low and sell high, this automated trading tool employs a unique virtual trade approach without relying on indicators, ensuring simplicity in its application. The absence of complicated settings makes it user-friendly, requiring only the loading of predefined set files.

**Key Operational Features:**

1. **Virtual Trade Formula:** NorthWest EA employs virtual trades to measure the highest and lowest trend, preventing false reversals before an actual reversal occurs.
2. **Grid Averaging with Mild Martingale:** The expert advisor utilizes a grid averaging strategy with a mild martingale lot, widening the step for precise entry points and drawdown reduction.
3. **Trailing for Maximum Profit:** Incorporates a trailing feature to secure profits as the market moves favorably.
4. **Low Drawdown:** NorthWest EA demonstrates low drawdown, indicating high accuracy in opening positions.

**Risk Management:**

This Metatrader EA doesn't demand a large deposit to limit risk. Even in the worst-case scenario, the potential loss is minimal. Whether utilizing a Grid or Non-Grid EA, prudent deposit management is essential, emphasizing that even non-grid EAs with StopLoss mechanisms can incur losses.

**Profitability with Small Deposits:**

NorthWest EA emphasizes the potential for significant profits with a small deposit. The low drawdown further supports its claim of accuracy and efficiency in opening positions.

**Distinctive Features:**

1. **Martingale & Grid Strategy:** Integrates a mild martingale lot and grid averaging for controlled risk.
2. **Virtual Techniques:** Employs virtual trades, pending orders, grid, stop loss, take profit, and partial close features for precise position management.
3. **Trailing:** Utilizes trailing to secure profits during favorable market movements.
4. **Drawdown Reduction:** Implements a strategy to close partial losing positions, minimizing drawdown.
5. **News Filter:** Filters out high-volatility news events to avoid unnecessary risks.
6. **Money Management:** Allows for fixed lot or auto lot trading, adjusting transaction size based on specified criteria.
7. **Smart Multi Symbol Control:** Optimizes trading by managing multiple currency pairs.
8. **Holiday Control:** Avoids trading during specific dates or periods of high uncertainty.
9. **Account Protection:** Features a cut loss mechanism activated by a drawdown in money and percentage.

**Installation and Testing Recommendations:**

1. **Minimum Start Balance:** Begin with the smallest possible start balance, ideally $100.
2. **Currency Pairs:** Designed to work on 20 currency pairs, including Gold and Silver.
3. **Timeframes:** Works effectively on M15, M30, H1 timeframes, suitable for various trading styles.
4. **Money Management:** Implement a good money management strategy, considering regular withdrawals.
5. **VPS and Broker Considerations:** Ensure uninterrupted operation on a reliable VPS with a decent internet connection. A low spread account is recommended for optimal performance.

• Recommend running this free forex EA on a VPS (Vultr)
• Low Spread ECN account is also recommended Icmarket and Exness

**Live Trading Considerations:**

The NorthWest EA exhibits operational features during live trading that may not be accurately reflected during backtesting. These include:

1. The reliance on global variables during live trading.
2. The functionality of Smart Multi Symbol Control (SMSC) and the news filter only during live trades.

In conclusion, NorthWest EA offers a powerful solution for trend reversal trading with its innovative virtual trade techniques and precise position management. Traders can leverage its martingale and grid strategies, trailing features, and multi-symbol control to optimize their trading activities on the Metatrader 4 platform. Download this EA for free to unlock its potential and enhance your trading experience.

Download

https://drive.google.com/file/d/15AJmIpJ9bzqB_SKVOmPF67_YCUyjBt6O/view?usp=sharing