Wallstreet Forex

⭐ WALLSTREET FOREX REVIEW

Foreign Exchange Robot: WallStreet Forex

Software Programmer: Team of pro Forex traders and developers

Scalping: Forex scalping following short-term and medium-term trends on M15 Chart

Forex Pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD and AUDUSD

Trading Platform: MetaTrader-4 / MetaTrader-5

License: 1 Real Account License / Lifetime Updates

Pricing: 239 USD

📋 INTRODUCTION TO WALLSTREET FOREX

Wallstreet Forex is an automated Forex software developed by a team of professional traders and software developers. The robot focuses on protecting the trader’s account by applying five different systems, as detailed in this review. A single license can be used on one real account and unlimited demo accounts, while a full license allows use on three real accounts. You can start trading with Wallstreet Forex with as little as $100, though the programmers recommend an available margin of $1,000–$5,000.

Wallstreet Forex offers automatic installation via the WallStreetForexRobotInstaller.exe file, but you also have the option to install the EA manually. The robot is compatible with both MetaTrader-4 and MetaTrader-5 platforms. 

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⚙️ WALLSTREET FOREX ALGORITMH

WallStreet Forex Robot is programmed to trade seven Forex pairs on the M15 timeframe: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD, NZDUSD, and AUDUSD. The robot typically executes 3-4 trades daily when running on the four best-performing pairs and about 5 trades daily when running on the top five pairs. It is important to use WallStreet Forex extensively on a demo account before trading with real money.

🛠 The robot’s trading algorithm includes five built-in systems:

• Profit Protection System

• High-Spread Protection System

• High-Slippage Protection System

• Broker Protection System

• Advanced Money Management

♞ Some of these protection strategies are:

• WallStreet Forex Robot features a risk calculation algorithm that automatically determines trade volumes based on the account’s risk percentage. There is also an option to activate an additional algorithm to compensate for any current drawdown.

• The built-in High Spread Protection System guards traders against highly volatile market conditions. The recommended maximum spreads are 2 pips for EURUSD, 3 pips for GBPUSD, and 3 pips for USDJPY.

• The Broker Protection System helps protect traders from off-quote errors and slippage caused by brokers.

🔧 WALLSTREET FOREX PARAMETERS

You can manually configure the Stop-Loss and Take-Profit for each pair, but only if you know what you’re doing. WallStreet Forex fully complies with US NFA rules and does not use hedging (meaning it does not open more than one trade at a time on each instrument). Here are some important WallStreet Forex parameters:

• MaxSPREADParameter— the maximum accepted spread, at which the WallStreet Forex is allowed to tarde. For example if set 3, the EA will execute considerably less trades in pairs offered traditionally in high-spreads

• SlippageParameter — it sets the maximum allowable slippage on any trade (measured in pips)

• StealthMode— it is set by default to TRUE and is used to hide Stop-loss and Take-profit orders from your Forex Broker.

• Magic Parameter—distinguishes trading positions opened by other Forex Robots (if you use any)

• CloseOnlyOnProfit— if true then it will close only profitable trades (recommended to set in false)

• UseSettingsFromParameter — you may only specify EURUSD, GBPUSD, USDJPY or USDCHF

• FixedLotsParameter — fixed level lot used by the Expert Advisor (will be used when setting AUtoMM = 0)

• AutoMMParameter — it means automated money management and can determine the size of the lot (0.01 lots for each $ 1000 in the trader’s account)

• AutoMM_MaxParameter — it is used to limit the setting AutoMM

• RecoveryModeParameter — if enabled the WallStreet Forex will trade an increased lot size after a loss trade

• GMT_Offset - enter the correct GMT time shift

• LastTradeHour Parameter - trade until the end of this hour on each Friday

• ExitHour Parameter - close all open positions at this hour on each Friday

• Include_Medium_News – select to avoid the medium impact news too along with important news releases

• Wait_Before_News – sets the number of minutes before the news event, during which the Forex robot will be switched off

• Wait_After_News – sets the number of minutes after the news event, during which the Forex robot will be switched off

✅ WALLSTREET FOREX REVIEW PROS

◙ Incorporates High Spread & Slippage Control plus four additional protection systems

◙ Stealth Mode with built-in Broker Protection System

◙ Built-in risk calculation algorithm and strict money management

◙ Start trading with WallStreet Forex from as low as $100

◙ Automatic 4/5 Digit Broker Detection

◙ Includes several parameters, including news-trading avoidance

◙ Full license allows use on up to three real accounts

◙ Automated installation via a single .exe file (compatible with MetaTrader-4 and MetaTrader-5)

◙ Offers 24/7 customer support

❌ WALLSTREET FOREX REVIEW CONS

◙ WallStreet Forex is expensive compared to other similar automated Forex trade systems

💭 WALLSTREET FOREX REVIEW CONCLUSIONS

The single WallStreet Forex license costs $239 and can be used on one real account and unlimited demo accounts. There is also a full license that allows use on three real accounts under the same license, which is slightly more expensive. Both license types include free lifetime support and free upgrades. The robot supports both MT4 and MT5 platforms.

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◙ WALLSTREET FOREX REVIEW

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