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Editor'S Choice - 2019

Wall Street Forex Robot Evolution - the return of the legendary adviser

Hello dear forex traders! We present to your attention the Wall Street Forex Robot Advisor of the Evolution version. This is a new version without exaggeration of the legendary adviser, from which so many traders began to get acquainted with the world of trading robots, and which, even more interestingly, has not “merged” in official monitoring over the course of its many years of existence.

In this review, we test it on the currency pairs and settings recommended by the manufacturer and select the optimal set.


Advisor Characteristics

Platform: Metatrader 4
Advisor Version: 1.0
Currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, NZDUSD, EURJPY
Timeframe: M15
Working hours: round the clock
Recommended Brokers: Alpari (ECN accounts), Roboforex (ECN accounts), TickMill


Installation help

We install the adviser as usual. If this is your first time encountering Forex robots and you have a bunch of questions, download and watch the Forex course on Autopilot.

In this adviser, the settings for each pair are already written in the code itself, so just open the corresponding pairs on the M15 timeframe. In addition, alternative settings from the authors of the bot are mentioned in your personal account. To use them, you need to in the adviser UseCustomPair set in true and in UseSettingsFrom set the name of the setting (for example, EUR33).


Advisor Strategy

The Expert Advisor is historically the first competently implemented trend scalper that opens during “pullbacks” from the main trend (there were even rumors that WallStreet Forex Robot based on the "leak" of the strategy from the largest investment bank). As trend indicators, Moving Averages, CCI, ATR, WPR and own calculations are used. The adviser has spread control, “invisible” mode, a filter by the hour, a “recovery” mode about a drawdown, a detuning from news, as well as a Broker Spy module that monitors and records the broker's trading conditions online. This EA does not use grids of orders, averaging and martingale; it perfectly trades without this dangerous “doping”.
In this article, we test the basic and alternative settings for tick data from Ducascopy offered by the EA developers using the Tick Data Suite program, evaluate the results and analyze the EA settings Wall Street Forex Robot v. 2.0 Evolution.

Many years of successful expert work Wall Street Forex Robot on real accounts confirms the reliability and profitability of the adviser in the long term.

Advisor work example Wall Street Forex Robot v. 2.0 Evolution


Advisor Backtests

Backtests are made for each pair separately, as Metatrader 4 platform does not allow multicurrency tests.

Tests are made using the Tick Data Suite program on quotes from Dukascopy, the spread is a real variable.

First series of tests done fixed lot. This allows you to evaluate test results without taking into account money management.


WSFR Evo AUDUSD 2012 2016 lot 0.1

The test results are acceptable.


WSFR Evo EURUSD 2012 2016 lot 0.1

The test results are very good.


WSFR Evo GBPUSD 2012 2016 lot 0.1

The test results are very good.



WSFR Evo NZDUSD 2012 2016 lot 0.1

Test results are unstable


WSFR Evo USDCAD 2012 2016 lot 0.1

Test results are unstable


WSFR Evo USDCHF 2012 2016 lot 0.1

Test results are unstable


WSFR Evo USDJPY 2012 2016 lot 0.1

The test results are very good.



The second series of tests is being done. dynamic (proportional) lot. This allows you to evaluate the test results taking into account money management.


WSFR Evo AUDUSD 2012 2016 lot MM2


WSFR Evo EURUSD 2012 2016 lot MM2


WSFR Evo GBPUSD 2012 2016 lot MM2


WSFR Evo NZDUSD 2012 2016 lot MM2


WSFR Evo USDCAD 2012 2016 lot MM2


WSFR Evo USDCHF 2012 2016 lot MM2


WSFR Evo USDJPY 2012 2016 lot MM2


Backtests of "alternative" settings

(EUR33, GBP30, GBP52T, EURJPY)


First series of tests done fixed lot. This allows you to evaluate test results without taking into account money management.


WSFR Evo EURUSD EUR33 2012 2016 lot 0.1

The test results are very good.


WSFR Evo GBPUSD GBP30 2012 2016 lot 0.1

Test results are good


WSFR Evo GBPUSD GBP52T 2012 2016 lot 0.1

The test results are acceptable.


WSFR Evo EURJPY 2012 2016 lot 0.1

The test results are acceptable.


The second series of tests is being done. dynamic (proportional) lot. This allows you to evaluate the test results taking into account money management.


WSFR Evo EURUSD EUR33 2012 2016 lot MM2


WSFR Evo GBPUSD GBP30 2012 2016 lot MM2


WSFR Evo GBPUSD GBP52T 2012 2016 lot MM2


WSFR Evo EURJPY 2012 2016 lot MM2


Using the EA Analyzer program, we will make a summary statement on the most convincing tests (pairs AUDUSD, EURJPY, EURUSD, GBPUSD, USDJPY selected) with a proportional lot.

Output: Advisor WallStreet Forex Robot 2.0 Evolution when working with a proportional lot as a whole, it shows a steady increase in profit, but periods without a noticeable increase in profit are possible.

⇒Links to all backtests used in the article (for self-analysis) can be found in the topic on the forum Advisor "Evolution"


Monitoring of a real account from the TradeLikeaPro.ru website

(Used pairs: AUD / USD, EUR / USD, GBP / USD, NZD / USD, USD / CAD, USD / CHF, USD / JPY)


Description of settings

    • Magic -magic of orders on this currency pair
    • EA_Comment - comments on orders
    • MaxSPREAD - maximum allowable spread
    • Slippage - slippage
    • StealthMode true / false - “invisible” mode, when the adviser does not explicitly set stops and profits, i.e. hides them from the broker
    • EmergencyStopDist - emergency stop, works when StealthMode = true and added to the virtual stop, for example, if the parameter Stoploss 60 pips and EmergencyStopDist 100 pips, then the emergency stop loss is 160 pips
    • CloseOnlyOnProfit true / false - close orders only in profit (not earlier)
    • NFA true / false - Includes compatibility with brokers regulated by the National Futures Association
    • No_Hedge true / false - Disabling the placement of hedge orders, i.e. open positions at the same time buy and sell
    • WinLargeFonts true / false - advisor info panel is displayed in larger font
    • Refreshdays - after how many days the licensed adviser will go to the server for updates (auto-update)
    • PendingOrderDist - the use of pending orders instead of market ones: if the parameter is 0, then the usual market execution; if PendingOrderDist> 0, then a limit order is placed at a distancePendingOrderDist pips from the market price, and if PendingOrderDist <0, a stop order is placed at a distancePendingOrderDist pips from the market price (recommended only for experienced traders and researchers)

⇒ Brief illustration of essentially pending orders:

    • StopLimitExpire - lifetime of pending orders
    • Stoploss - stop loss
    • TakeProfit - take profit
    • SecureProfit - guaranteed profit level (if normal did not work)
    • SecureProfitTrigger - parameter switch SecureProfit
    • UseCustomPair true / false - if you use the advisor on unsupported pairs then set to true
    • UseSettingsFrom - settings with which supported by couples apply for unsupported.

Attention! The adviser has the so-called "alternative" sets from developers, for which you need to select the appropriate pair, then put UseCustomPair = true and in line UseSettingsFrom enter the name of the alternative set.
Alternative Set Names: EUR33, GBP30, GBP52T, EURJPY.

  • FixedLots - fixed lot size
  • AutoMM - dynamic lot size
  • RecoveryMode true / false - turns on the mode recovery, that is, when the drawdown, the lot does not decrease
  • AutoMM_Max - the maximum allowed risk, affects the size of the lot set by the adviser, the risk is calculated for stop loss of 100 pips
  • MaxAccountTrades - the maximum number of orders simultaneously opened by the adviser on the account, with the value “0” the number of orders is unlimited
  • MaxAccountDD - the maximum allowed drawdown on the account, with a value of "0" drawdown is not limited
  • MondayStartHour - from what time to trade on Mondays. If you don’t like trading on Mondays, set MondayStartHour = 24
  • FridayExit true / false - trade on Fridays yes / no
  • LastTradeHour - last hour of trading on Fridays (inclusive)
  • Exitour - if set, the robot will close all open positions at this hour on Friday
  • GMT_Offset - broker time shift GMT
  • DST_Usage true / false - accounting for the broker's summer time (Daylight Saving Time)
  • Include_Medium_News true / false - includes detuning from news of the “medium” danger level (in addition to protection from news of the “high” danger level)
  • Wait_Before_News - time in minutes to the news when the EA is not allowed to trade
  • Wait_After_News - time in minutes after the news when the EA is not allowed to trade

    New! BROKER SPY MODULE


In the adviser WallStreet Forex Robot v.2.0 Evolution added the “spyware” module BROKER SPY MODULE, which, in addition to showing the parameters of the trade flow and the quality of order execution, also writes all these parameters to an external file. This can be useful for quantitative analysis of the quality of a broker and collecting statistics.

The external file is located in the MT4 Data Folder-> MQL 4-> Files folder.

Description of the indicators of the BROKER SPY MODULE panel

  • First trade - date and time of the first order in statistics
  • Last trade - date and time of the last order in statistics
  • Total errors - total number of recorded errors of all types of orders in statistics
  • Stop / Limit Orders - the number of established pending orders in statistics
  • Stop / Limit Deals - the number of activated pending orders in statistics
  • Market trades - total number of market execution orders in statistics
  • Total entry slippage -total slippage of all orders in statistics
  • Average slippage - average slippage
  • Average speed - average time for execution of market orders in milliseconds
  • Exit Signal Trades - total number of executed signals to exit (closing)
  • Total exit slippage - the sum of slippages for all exit signals (pips in 4-digit)
  • Average slippage - average slippage for all exit signals (pips in 4-digit)
  • Average speed - average speed of execution of market orders
  • Average spread - average spread of all trading signals of the robot
  • Last signal spread - spread at the last trading signal of the robot
  • High spread count - the number of canceled signals due to a too large spread (see the MaxSPREAD parameter in the BROKER SPY MODULE settings in the adviser)

Description of the parameters of the BROKER SPY MODULE panel in the advisor settings

  • BSM_Alerts true / false - set True if you want to receive alerts (notifications) from the module
  • BSM_Alert_Open_Delay -size of the allowable delay in milliseconds when opening an order, if the time is exceeded, an alert will pop up
  • BSM_Alert_Open_Slippage - the size of the allowable slippage in 4-digit pips when opening an order, if the slippage is higher than the allowable, then there will be an alert
  • BSM_Alert_StopLimit_Delay - the size of the allowable delay in milliseconds for the broker to accept a pending order, if the time is exceeded, an alert will pop up
  • BSM_Alert_StopLimit_Slippage - the size of the allowed slippage in 4-digit pips when the broker accepts a pending order, if the slippage is higher than the permissible, the alert will pop up
  • BSM_Alert_Close_Delay - the size of the allowable delay in milliseconds when closing an order, if the time is exceeded, an alert will pop up

Attention! Do not change anything in the parameters of the adviser and use only the recommended values, if you do not exactly understand what you are doing!


There are even fewer settings in the version of the Simple advisor:

Attention! Version Simple can be set only on recommended couples.


Developer Bonus: Advisor Recovery Pro Evo

Together with the license, complete with an adviser WallStreet Forex Robot v.2.0 Evolution developers offer an adviser Recovery Pro Evo. This is a separate class advisor. martingale, with screwed-on BROKER SPY MODULE module.

Attention! Using Martingale Recovery Pro Evo along with trend WallStreet Forex Robot significantly increases the risks!

Advisor Monitoring Recovery Pro Evo from TradeLikeaPro.ru

Using in one account advisers WallStreet Forex Robot and Recovery Pro Evo overall Not recommended, but everyone decides issues of global risks for himself.


Recommended Money Management

A transaction risk of 2 percent of the deposit for each pair is recommended. The lot can be calculated using a special table, or simply set the risk level in the parameters of the adviser, and everything will be calculated automatically.


Summary

Advisor Wall Street Forex Robot v. 2.0 Evolutionis one of the best paid trend trading robots. Of all the trash that is sold on the open spaces of the network, it really is included in 0.1% of standing robots. And years have proven it.

Using WallStreet Forex Robot v.2.0 Evolution profitable over a long period, as evidenced by tests and monitoring, but in the short term, profitability may for some time be in the neutral zone. Also note that this EA, like other trending robots, does not trade often. The most profitable pairs are EURUSD, GBPUSD and USDJPY.


Important !

For the EA to work correctly, the trading terminal must be switched on from the market opening on Sunday evening until it closes on Friday evening. If you are unable to keep the computer operational 24/5, it is recommended to use the VPS server service.


Download Advisor "WallStreet Forex Robot v.2.0 Evolution»

Watch the video: Google's Vint Cerf Talks the Future of the Internet on 'Bloomberg West' Full Show - 081716 (November 2019).

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