NorthWest Metatrader 4 EA Free DownloadNorthWest Metatrader 4 EA FREE Download
NorthWest EA is an automated Metatrader 4 EA that can be downloaded for free. It works based on a well-known trend reversal strategy of buying low and selling high. Southeast EA uses virtual trade to determine position input and does not use any indicators. It doesn't require complex setup as you need to load one of the given set files .
It has a simple formula that works. To overcome false reversals before actual reversals occur, the EA uses dummy trades to gauge the top and bottom trends, suspends stops so that entry points are not too late or too early, grid averages with a mild martingale lot size, widens the step size, closes part of the losing position to reduce drawdowns, and finally uses trailing to generate maximum profits.
- This Metatrader EA does not require a large deposit to limit the risk of losing a small amount of money in the worst case scenario. Whether you use a grid EA or a non-grid EA, you still have to limit your deposit amount because even with a non-grid EA that uses stop loss, you can still lose money if you hit the stop loss multiple times.
- Small deposit, big profit.
- It has a low drawdown . The retracement shows the accuracy of the EA's position opening. High accuracy and no large deposit required.
Entry point accuracy can be achieved by buying low and selling high. Finding and waiting for extreme highs to sell and strong lows to buy to form requires patience as this may take a day or two or even a week or two depending on the current direction of the trend. So this Metatrader 4 EA can go for several days without making any trades.
Virtual technology of this Metatrader 4 Expert Advisor
- Virtual trades – This virtual technique measures the upper and lower limits of trend reversals.
- Virtual pending orders – This virtual technology places pending orders so that it is never too late or too early to open a position. Virtual technology will ensure that brokers cannot easily transfer your pending orders (for any reason).
- Virtual Grid – Virtual Grid is used to determine the next open position if there is a loss on the previous open position.
- Virtual SL/TP – Stop Loss and Take Profit are managed client-side and do not appear on the broker’s server, thus preventing manipulation by the broker. Invincible Martingale EA uses similar virtual technology for grid management.
- Virtual closing part – Southeast EA will calculate the profit and loss of open positions and close some far-losing positions to reduce the used margin.
It can trade using fixed lot sizes, or it can use automatic lots and automatically increase the trade size based on specified criteria. This NorthWest EA has a low maximum withdrawal percentage, which makes this advisor useful for small deposits.
Features of Northwest EA
Here are some of the distinguishing features of the Northwest District:
- Martingale and Grid Strategies – Control risk with mild martingale and grid averaging.
- Virtual technology – including virtual trading, virtual pending orders, virtual grid, virtual stop loss, virtual take profit and virtual closing functions for precise position management.
- Trailing – used to ensure profits.
- Reduce Drawdowns – Use strategies to close out some of your losing positions to reduce drawdowns.
- News Filter – Filter out high-volatility news events to prevent unnecessary risks.
- Money Management – allows fixed or automatic lot trading, adjusting trade size according to specified criteria.
- Smart Multi-Symbol Control – Optimize trading by managing multiple currency pairs.
- Holiday Control – Manage the EA to avoid trading on specific dates or periods of high uncertainty.
- Account Protection – Features a stop-loss mechanism activated by withdrawal of funds and percentage to protect your account.
- Time Control – allows users to define trading times, adding a further layer to the strategy.
Please test in a demo account for at least a week first. Also, please familiarize yourself with and understand how this South East EA works, and then only use it in a real account.
Suggestions for this Metatrader 4 EA
- Use the smallest possible starting balance; in this case, use 100$ . If it’s not enough, add funds gradually.
- It works with 20 currency pairs as well as gold and silver, and contains setup files for these pairs.
- Work best on M15, M30, H1 TimeFrames. (Works on any time frame)
- It would be good to make regular withdrawals and develop a good money management strategy.
- Starting the strategy tester takes some time.
- This Metatrader 4 Expert Advisor should work uninterrupted on VPS with good internet connection for stable results. So we recommend running Southeast EA on a reliable VPS (Reliable and Trustworthy Forex VPS – FXVM)
- Low spread account is also recommended ( find the best broker for you here )
- Use the lot calculator to determine the optimal position size.
The results from live trading may differ significantly from those obtained in backtesting due to some non-functional features of the latter. These include:
- NorthWest EA is designed to operate based on virtual trading using global variables, functioning properly and open during live trading. The global variables it depends on are not available during backtesting.
- Smart Multi-Symbol Control (SMSC) manages all charts capable of managing open positions, another operational feature during live trading.
- News filters, a tool designed to prevent expert advisors from taking positions during high-impact news events, also only work during live trading.
Open Tools–>Options–>EA Trading . Check the option " Allow web requests to listed URLs " Add the following: " http://nfs.faireconomy.media/ " and press OK. EA gets news from designated websites.
live performance data
The following data comes from EA's proven MQL5 live signals on Weltrade with a leverage of 1:100 and has been running since 2023.
The recovery coefficient of 38.18 is excellent – meaning the EA’s profit is 38 times the drawdown of its maximum balance. This 2.72 profit factor is powerful for a grid system. However, the gap between the balance drawdown of 4.27% and the equity drawdown of 27.33% reveals the grid mechanism: open positions accumulate large floating losses before being closed at a profit. The Withdrawal Calculator can help you understand what this means for your account size.
Top performing pairs by gross profit: EUR/USD ($788), GBP/USD ($755), AUDCAD ($519), USDCAD ($431), NZD/USD ($379), USDCHF ($330).
NorthWest EA
Grid/martingale MT4 EA uses virtual trading technology for trend reversal entry. Live signals show 2,190 trades on more than 20 currency pairs, a 96% increase since 2022, a profit coefficient of 2.72, a win rate of 70.9%, and a maximum balance drawdown of 4.27%.
✓Pros
- Comprehensive risk control (maximum DD limit, partial closure, account protection)
- Virtual technology hides stop loss/take profit from broker server
- Trade 20+ pairs — setup files included for each pair
✗ Cons
- Grid + Martingale – Inherent breakout risk during an expanding trend
- Maximum Equity Drawdown 27.3% – Significant Risk Exposure
- Average holding time is 8 days – positions can be held for the long term
Summary
Fully featured grid EA with powerful real-time results and real risk controls (DD limits, partial closures, account protection). Virtual trading systems add a layer of broker protection that most grid EAs lack. However, a maximum equity drawdown of 27.3% and a deposit load of 30.5% confirm that this remains a grid system with significant exposure during adverse moves.
- Learn more about SWING VIP robot – free download
Conclusion of Southeast EA
194-North-West-EA.zip
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