NorthSea EA Setfiles and Information – Trading Systems – 17 March 2025

NorthSea EA

Introducing the “NorthSea EA” a sophisticated monetary buying and selling instrument designed to strategically commerce key forex pairs, together with “AUDNZD, AUDCAD, and NZDCAD“.

Powered by cutting-edge Good Totally Automated Buying and selling Know-how, “NorthSea EA” incorporates a totally unbiased Choice Engine coupled with refined filters to maximise profitability and improve efficiency.

Developed over a decade by a crew of seasoned merchants and knowledgeable coders, this knowledgeable advisor employs a novel technique tailor-made to investigate and commerce probably the most liquid main forex pairs.

The “NorthSea EA” analyzes pullback continuation and reversal patterns by using a complete set of filters mixed with worth motion affirmation. In circumstances the place the market strikes in opposition to the development, it strategically initiates restoration trades.

What units the “NorthSea EA” aside is its modern method to drawdown administration. It employs superior hedging and restoration strategies to handle threat successfully, dynamically mapping the market in real-time to find out optimum timing and placement for restoration trades throughout opposed market situations.

Moreover, it options a sophisticated volatility measuring algorithm that halts buying and selling till optimum buying and selling situations return.

Help:

Contact me right here anytime for assist and steerage –> Profile

Buying and selling 101 and FAQs Right here –> FAQs

Basic EA Settings

Image	Timeframe	Lot Issue	Mannequin Set
AUDNZD	M15	1.0	m=1
AUDCAD	M15	1.0	m=1
NZDCAD	M15	1.0	m=1

EA Parameters (set these by utilizing the related Setfile)

[Strategy Settings]

Use Image: (true/false) Allow or Disable the Technique for the related image.

Image: Technique instrument identify with out prefix or suffix. The prefix and suffix are automated from chart image identify.

Timeframe: Technique timeframe (default M15).

Magic Quantity: Magic quantity for the technique.

Lot Issue: Issue of the lotsize for every technique. (Primary pair default=1.0)

Mannequin Set: That is the AI mannequin for use for the technique. (Primary pair default=m1).

[Risk Settings]

Lot Choice Kind: (Fastened Heaps/Heaps Per Fairness) Use this to pick out the kind of lot sizing.

Fastened Lot Dimension: When mounted lot-sizing is chosen, this units the mounted lot measurement for every commerce. For instance, setting it to 0.01 lot means every commerce will use 0.01 lot measurement.

Heaps Per Fairness: When lot choice is lot per fairness this may set 0.01 tons per “Lot Per Fairness” setting. i.e. If set to 3000, then for each 3000 base forex fairness items the beginning lot will likely be 0.01.

Max Stay Buying and selling Symbols: This units the utmost variety of particular person symbols which are allowed to be buying and selling on the similar time (default=5).

[Day Filter]

Commerce On <Weekday>: (true/false) This lets you cease buying and selling or allow buying and selling on particular days of the week (default=true).

[Holiday Filter (Thin Markets, High Volatility)]

Use US Fed Vacation Filter: (true/false) This lets you cease buying and selling when US inventory market is closed (default=true).

All US Fed Holidays Filter: (true/false) This lets you cease buying and selling on further fed holidays i.e. Veterans and Columbus day (default=true).

Skip Buying and selling Us Election Week: (true/false) This lets you cease buying and selling for the US election week in (default=true).

Skip Buying and selling over Xmas / New 12 months: (true/false) This lets you cease buying and selling over Xmas and New 12 months (default=true).

Day to Cease Buying and selling in December: If “Skip Xmas Buying and selling”, then that is the date in December to cease opening new trades (default=21).

Day to Begin Buying and selling in January: If “Skip Xmas Buying and selling”, then that is the date in January to begin opening new trades (default=21).

[Equity]

Draw Down Restrict in %: Shut all trades if draw down reaches the draw down restrict in % of fairness.

Emergency Shut Revenue Bucket if #Trades>Restrict: (true/false) Allow max open trades shut by complete bucket revenue (default=true).

Emergency Max Commerce Restrict to Shut Revenue Bucket: Variety of open trades to allow the entire bucket closing course of (default=30).

Emergency Shut Bucket Revenue %: % revenue throughout all devices/symbols to shut all open trades (default=4.1).

Emergency Restrict #Symbols if #Trades>Restrict: (true/false) Allow max open trades max buying and selling image restrict (default=true).

Emergency Max Commerce Restrict to Restrict Symbols: Variety of open trades to allow the max buying and selling symbols restrict (default=50).

Emergency Restrict Symbols Quantity: The utmost variety of buying and selling symbols as soon as max commerce restrict is hit (default=1).

FAQs

Q. Are methods that make use of grid methods as a part of the general operatiopn harmful ?

A. No, effectively, ….. generally ( or more often than not ), it relies upon. If a grid restoration system just isn’t rigorously examined throughout a long time of various market situations and is simply coded to doiuble the danger and add extra trades, then sure, that isn’t an effective way to method the issue. However, if the differeing opposed markets are studied and understood and you’ll calculate one of the best locations to put the grid trades conbined with a long time of testing, then, you may run a buying and selling ystem with a grid aspect and it really works rather well. We now have used many several types of machine studying strategies to ensure they system is strong as doable.

Q. What number of years had been your fashions traned for ?

A. We now have educated tons of of fashions through the years, we often practice for at the least a decade, however we additionally focus on latest markets, then run out of pattern checks on older markets to check effectivity.

Q. How typically do you practice the fashions ?

A. Nice query. We’re all the time on the lookout for higher fashions, we’re coaching some as you learn this ( we’re all the time coaching ) and once we discover higher performing fashions we’ll add them to the EA code.

Q. Why are there restoration trades above or under the preliminary commerce ?

A. One other nice query. The reply is often the market has not settled after excessive volatility. The mannequin understands this, locks out the trades to guard them, after which begins the restoration grid as soon as the market has settled down. This implies the grid might be above or under the place you’ll count on it. That is regular.

Q. How did you implement ML/AI into mql4 as many of the capabilities usually are not out there ?

A. With nice problem. We now have needed to do some further coding and storing information by going again to the statistical evaluation procedures. With all one of the best will on the earth, it’s not precisely the identical, however its as shut as we might make it.

Q. What statistical fashions did you employ ?

A. We used a whole lot of regression to map ranges, after which we created an ensemble.

Q. Will you be including any extra fashions ?

A. Sure, we’re testing some new image fashions at the moment and in the event that they praise the present fashions then they are going to be added