FastWay EA MT5 v1.23 vs SetFiles (Original version)

What Is FastWay EA MT5?

FastWay EA is an Expert Advisor smart, high-performance automated trading system for MT5, built around a robust mean-reversion strategy. It targets price reversals in correlated currency pairs, providing traders with a reliable, “set-and-forget” solution for consistent forex trading.

➡️ Vendor website: View here

Version: New Version
The Right Platform: Meta Trader 5 (MT5)
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About the Author

This product is developed by Pavel Udovichenko, who has over 5 years of experience on MQL5. He has created popular EAs like FastWay EA, MultiWay EA, LittleCrazy MT5, and NorthEastWay MT5, with FastWay EA being his top-performing product.

Key Features

🔹Mean-Reversion Trading: Profits from prices returning to their average after strong moves.
🔹Correlated Pairs: Trades currency pairs like AUDCAD, AUDNZD, NZDCAD, and EURGBP for higher accuracy.
🔹Flexible Risk Management: Built-in options allow customizable money and risk control.
🔹Reliable Performance: Designed for stable, long-term operation.

FastWay EA MT5 Review

1. FastWay EA Live Results:
   FastWay EA is a fully automated MT5 Expert Advisor built for long-term, stable growth. Using 1:500 leverage, it has grown a $100 account by 742% over 124 weeks, showing consistent and sustainable performance.

✅ Initial Deposit: $100
✅ Total Growth: +742.79%
✅ Duration: 124 weeks
✅ Profit: $742.59
✅ Withdrawals: $301

2. FastWay EA Backtest Results:
   A 15-year backtest across multiple symbols confirms FastWay EA delivers steady profits with controlled risk.

✅ Initial Deposit: $2,000
✅ Total Net Profit: $14.43 million
✅ Win Rate: 76.53%
✅ Maximum Drawdown: 13.56%

User Reviews

➡️ Savell Martin (2025.06.19): “So far so good! Pavel is a long term developer on MQL with some great EA’s. I’ll report back as time goes on.”
➡️ MinhH (2025.06.10): “FastWay is a reliable and profitable trading system in the long term.”
➡️ Carl Tilley (2025.06.10): “As a long term user of NorthEastWay, I bought this without hesitation as it’s basically the same EA but with properly thought out safety features to stop you loosing all of your account when Forex goes into meltdown. This is pretty much the best and only long term system you’ll need if you keep the risks to medium and regularly take out profit.”

The EA Settings

In the Downloads folder, there are:

The download package of the product suite includes:

1. Experts:

✅ FastWay EA.ex5

2. Presets:

✅ FastWayEA-Setup_guide.pdf
✅ URLs.txt
✅ FW high risk (AY200-DD83) 800USD min balance.set
✅ FW low risk (AY41-DD25) – 2500USD min balance.set
✅ FW medium (default) (AY81-DD43) 1500USD min balance.set
✅ Non-Сompounding (base 10000 USD) – FW medium risk.set

Conclusion

In short, FastWay EA for MT5 is a powerful, automated mean-reversion trading system designed for long-term, low-maintenance profitability. Developed by Pavel Udovichenko, it targets correlated currency pairs like AUDCAD, AUDNZD, NZDCAD, and EURGBP, efficiently capturing price reversals with precision.