![]() ![]() Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this EA it seems to be entirely thread-safe. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. The strategy itself is fairly simple a few indicators which are shipped with MetaTrader are involved in a creative way, so the entry signals are determined. It has also the ability to take profit early before the take profit target is hit by its positions when it figures that's as many pips as the market is going to give it. The stop loss is rarely touched, though - by deeper inspecting the backtests - as any sensible scalper EA, in most cases when the market moves against it, it can close the trades before hitting the SL, the average win/loss ratio being roughly 1:2.75. The EA gets its settings updated from the server after authorized access configuring each pair preset values the SL ranges from 120 pips on EURUSD and GBPUSD to as high as 160 on USDCHF, while the TP is around 25 pips, with the notable exceptions of GBPUSD where TP is 50 and USDCAD where TP is 14. It's probably not a good idea to manually configure each pair's SL and TP although you can. Well, now we know the most important characteristics of WallStreet Forex Robot 3.0 Domination it's a scalper, running 24/5, uses the M15 timeframe and the pairs recommended by the provider are EURUSD, GBPUSD, and USDJPY, while USDCAD, USDCHF, AUDUSD, NZDUSD, and EURJPY are also officially supported. Despite this, the reality is not infinite favorable for trading strategies exploiting such trading principles and traders using it must acknowledge all risks involved. It is proven to be highly profitable for several year streaks, without major drawdowns. WallStreet Recovery Pro is recommended only for traders with a higher risk profile. The WallStreet Recovery Pro uses a single precisely positioned recovery trade in order to compensate for the loss of the initial trade with a very high success rate. WallStreet Recovery PRO v1.4Ī special version of the WallStreet Robot was developed by FXAutomater after many requests from WallStreet users, to let them achieve a higher level of risk, closing only on profit. So, this has to be re-investigated by creating new backtests for these separate strategies.Īt the start, only tick data backtests were run using the 99.90% quality Dukascopy tick data with fixed spread using the risk of 3, in addition to FixedLots of 0.01 backtests, all are presented down here. USDCAD, USDCHF, AUDUSD, NZDUSD, and EURJPY are supported in the latest versions of WallStreet Forex Robot 3.0 Domination while GBPUSD, EURUSD, and USDJPY are the 3 officially recommended pairs, in addition to a 4 bonus free Forex robots WallStreet Recovery PRO, WallStreet Asia, WallStreet Gold Trader, and WallStreet CRYPTO. Like most other scalpers nowadays, it runs on the M15 timeframe, so there's nothing new about this. The pairs officially recommended are EURUSD, GBPUSD, and USDJPY, it also supports USDCAD, USDCHF, AUDUSD, NZDUSD, and EURJPY. A lot of EA providers were discovered to fake statement results, and to cut remove all doubt, I decided to try to ask for a WallStreet Forex Robot 3.0 Domination copy, that request has been granted with a very quick email response.īeing writing about it here now is a clear indication that I do not consider it a scam in any way, It's really an original scalper where trading several pairs around the clock and it seems to manage to scrape a nice profit off it. I thought it was another Asian session scalper or even just a copy of an existing original EA, but when I tried to inspect the opening times of the positions, lo and behold, I noticed that it wasn't restricted to the Asian session, and trades were being opened in the forward tests throughout the day! there are really very few 24/5 scalpers nowadays and this has given me a high feeling of suspicion and mistrust and tended to think it's kind of a scam. What came into my mind at the first glance after reading the name of this EA was something like "oh naivety, what an uninspired name, Wall Street is not a Forex market". ![]()
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