The Wall Street Forex Robot is a trading system that’s a quite-known trading solution among the Forex-related community. FX Automater has many trading solutions in the portfolio, but this one is the one they rely the most on.
Typically, there’d be a timed offer. Now, we can get a $110 discount.
Wall Street Forex Robot costs $237 with the discount applied. The original price was $347. The package includes:
- A single real account license
- Unlimited demo account licenses
- The best in Forex industry 24/7 support
- A 60-day 100% money-back guarantee.
- WS Asia
- WS Recovery Pro
- WSGold Trader.
Wall Street Forex Robot Strategy
- The main strategy is scalping.
- It works with USD/CAD, EUR/USD, USD/JPY, USD/CHF, GBP/USD, NZD/USD, and AUD/USD.
Wall Street Forex Robot Features
The robot has a huge presentation of features, explanations, advice, and other:
- Wall Street Forex Robot is an automatically-traded solution.
- We can use it only on the MetaTrader 4 platform.
- The system isn’t attached for a determined broker.
- We have to use a robot on an ECN account for low spreads.
- It works with all types of accounts: Standard, Mini, and Micro.
- Trading is allowed on 4 and 5 digits terminals.
- The robot works under NFA rules.
- The system is featured with a Broker Spy Module to prevent a broker from hunting SL levels.
- There’s a self-updated feature. It allows updating the robot without stopping it.
- The system received an update to the 2.0 version that increases profitability.
- The robot knows when to get out from the market because of Exit Trading Logic.
- The EA trades frequently.
- It places Pending Stop and Limit orders on the terminal.
- An average win provides from 10 to 15 pips of the profit.
Wall Street Forex Robot Backtesting Results
The presentation includes four unclickable backtests. It’s a USD/JOY backtest. The win-rate was 88%. The maximum drawdown was 15%. The total net profit was $196000. The Profit Factor was 1.64.
Wall Street Forex Robot Trading Results
Wall Street Forex Robot works on a real AUD account on IC Markets. It executes deals automatically receiving technical data from MT4. The leverage is 1:500. The account has a Verified Track Record and Trading Privileges Verification. It was created on December 22, 2017, and deposited at 866.10 AUD. Since then, the absolute gain has become +175.79%. An average monthly gain is +2.59%. The maximum drawdown is 6.65%. One hundred three traders track the account.
There were 2930 deals with 9293.9 pips traded. An average win is +15.00 pips when an average loss is -40.98 pips. The win-rate is 79% for Longs positions and 77% for Shorts positions. An average trade length is four hours and fifty-eight minutes. The Profit Factor is 1.13.
The most profitable and the most traded symbol is GBP/USD with 1487 deals and $689.21.
The system scalps all day.
The most-traded days are Monday (617 deals) and Thursday (603 deals).
The robot works with medium risks. For losing 10% of the account, it has to lose 14 deals in a row.
Wall Street Forex Robot uses wide Stop Loss levels.
It shows average profitability compared with the set risks.
Wall Street Forex Robot Reputation
We have a page of Wall Street Forex Robot on Forex Peace Army. There are 18 reviews published that formed a 2.85 from 5 rates.
This person noticed that Trading Frequency should be much higher as for a scalper.
The loss deals are small and acceptable compared with profit deals.
As we noticed, SL levels are wide, and it’s risky.
Wall Street Forex Robot Review Summary
- Strategy – score (3/10)
- Functionality & Features – score (2/10)
- Trading Results – score (2/10)
- Reliability – score (2/10)
- Pricing – score (3/10)
Conclusion
Wall Street Forex Robot works on a real account, providing little monthly profits. After mediocre results in 2020, it seems the system started making money. We don’t know if this keeps going. That’s why we’d like you to check its trading results for 4-6 months or so to be sure it works well.
