Wall Street Forex Robot
Posted in Forex advisors
In my first acquaintance with Wall Street Forex Robot, I decided that this is another scalper for the Asian session. But I was pleasantly surprised when I saw that the advisor makes transactions around the clock.
Thus, the advisor Wall Street Forex Robot opens positions 24/5 on four currency pairs and shows excellent results in the strategy tester. Robot makes about 3-4 trades per day, while it does not open at the same time more than one trade. Not recommended joint work Wall Street Forex Robot with another advisor on one currency pair.
Characteristics Wall Street Forex Robot
- Official website: wallstreet-forex.com
- Platform: Metatrader 4
- Version advisor: 4.2
- Currency pairs: EURUSD, USDCAD, GBPUSD, AUDUSD, NZDUSD, USDJPY
- Time frame: M15
- Time of the EA: around the clock
- Recommended broker: Alpari, Forex4you
Description of settings Wall Street Forex Robot
Magic — parameter needed an advisor in order to distinguish their positions from open positions created by other advisors or manually. We do not change.
EA_Comment — a comment for advisor positions, can be any.
MaxSPREAD — the maximum value of the spread, at which advisor will make trades. For example if you set in the parameter 5, the spreads for more than 5 points, Wall Street Forex Robot will not trade deal, and will be open positions only when the spread is less than 5.
Slippage — allowable slippage (in pips).
StealthMode — if is set to «true», the broker does not see the true levels of restriction of profits/losses (Stop-loss/Take-profit) used in trade. But nevertheless they are controlled by advisor at the program level. In theory, this function can protect against price manipulation on the part of the broker.
CloseOnlyOnProfit — when this option is enabled, the position will be closed only when the take-profit/stop-loss except the algorithm embedded in the advisor. Include not advise.
NFA — setting needed for traders, registered in the U.S.. Leave unchanged.
SecureProfit — when the profits in the amount of points specified in the parameter «SecureProfitTrigger», advisor translate order to breakeven + X points, where X = the value of the add «SecureProfit».
SecureProfitTrigger — see the SecureProfit.
UseCustomPair — this option should be enabled if you wish to use an unsupported advisor to the pair.
UseSettingsFrom — if you want to use an unsupported advisor pair, with this option, we specify the settings of any pair to use. You can specify the EURUSD, GBPUSD, USDJPY or USDCHF.
FixedLots — fixed level lot for trading advisor, will be used when setting AUtoMM = 0.
AutoMM — money management, to automatically determine the size of the lot, based on the set notes risk. Activated with a value greater than 0. When set to 1, will be used a lot, based on the calculation of 0.01 lots for each $ 1000 in the account. With a value of 10, will be used a lot, based on the calculation of 0.01 lots for each $ 100 in the account. Etc.
RecoveryMode — enabling this parameter has, after a losing trade advisor will trade the increased size of the lot, while the loss is not restored.
AutoMM_Max — limiter, fuse setting AutoMM. Example: If this option is 20, and AutoMM is 30, it still will be used 20.
Parameters of stop-loss and take-profit, along with the settings for different currency pairs, Wall Street Robot gets from the server. So changing any settings other than trading lot is undesirable.
Monitoring real account Wall Street Forex Robot:
Backtests
EURUSD
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GBPUSD
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USDCHF
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USDJPY
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Wall Street Forex Robot — an honorable advisor, probably the best in recent memory. Today on theofficial website, you can purchase a new license version of this robot with the support of various currency pairs.
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