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WallStreetASIA UserGuide

This document provides instructions for installing and using the WallStreet ASIA trading robot on the MetaTrader 4 platform. It outlines downloading and installing MT4, downloading the WallStreet ASIA installer or files for manual installation, identifying the correct folders for placing the files, and notes on running the robot once installed. Key details covered include being careful with settings to avoid overtrading, choosing a reputable broker, and testing the robot on a demo account before live trading.
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© © All Rights Reserved
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Download as PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
183 views36 pages

WallStreetASIA UserGuide

This document provides instructions for installing and using the WallStreet ASIA trading robot on the MetaTrader 4 platform. It outlines downloading and installing MT4, downloading the WallStreet ASIA installer or files for manual installation, identifying the correct folders for placing the files, and notes on running the robot once installed. Key details covered include being careful with settings to avoid overtrading, choosing a reputable broker, and testing the robot on a demo account before live trading.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

WallStreet ASIA

User Guide

-1-
Contents:

- Getting Started -------------------------------------------------------------------3

- What you must know before using WallStreet ASIA ----------------------------4

- The MetaTrader4 (MT4) Trading Platform ---------------------------------------5

- Installing WallStreet ASIA ---------------------------------------------------------8

- Activating WallStreet ASIA --------------------------------------------------------13

- Starting and Configuring WallStreet ASIA ---------------------------------------15

- WallStreet ASIA Settings ---------------------------------------------------------18

- WallStreet ASIA Brokers Spy Module ------------------------------------------23

- Brokers Spy Module Settings -----------------------------------------------------26

- WallStreet ASIA GRID System ----------------------------------------------------27

- Risk Management Hints -----------------------------------------------------------30

- How to back-test WallStreet ASIA ------------------------------------------------31

- Email and Mobile Push Notifications ----------------------------------------------33

- All Forex Robots of FXautomater -------------------------------------------------35

- Terms of use and risk disclosure -------------------------------------------------36

-2-
GETTING STARTED

Do not EVER use two instances of the robot, or any


combination of robots with identical magic numbers on a
same account!!!

For a comprehensive information regarding the recommended, the


supported currency pairs and for the alternative settings, please visit
the “Settings” section in your members area.

If you decide to trade on more currency pairs at the same time, you may consider reducing the
risk for each pair (using AutoMM=1-2% for example).

Before installing WallStreet ASIA on your computer and commencing trading on a real
account, please read this carefully: it may be crucial for your future profits.

Trading forex entails risk and each instance of negligence or inattention may
lead to significant loss!

1. We strongly recommend that you operate a demo account before trading


with real money. This will help you become familiar with the way WallStreet ASIA
operates before you commit genuine funds to a real money account.

2. Please be exceptionally careful when determining trading volumes and setting


automatic risk management parameters!

3. If you suspect that WallStreet ASIA might be operating incorrectly, please halt
operations and contact us immediately!

-3-
WHAT YOU MUST KNOW BEFORE USING
WALLSTREET ASIA

▪ WallStreet ASIA is compatible with all MetaTrader 4 brokers, as well as with


brokers using ECN-type order fulfilment. You do not need to change any settings.

▪ WallStreet ASIA automatically recognises whether your broker offers four or five-
digit quotes. You do not need to change any settings. You do not need to multiply
TakeProfit and StopLoss values by 10 if your broker offers five-digit quotes.

▪ We do not recommend that you launch and close your trading terminal too often.
Ideally, it should work without interruption from market opening on Monday to
closure on Friday.

▪ Maintaining a stable internet connection is of the essence to ensure reliable


WallStreet ASIA operation.

▪ It is the spreads offered by your broker that chiefly determine how much profit you
can make by using WallStreet ASIA. The recommended spread for EURUSD is under
2 pips, for GBPUSD under 3 pips, and for USDJPY under 2 pips.

▪ Be on the lookout for brokers who steal pips and who try to fulfil each order at a
price which is less favourable to you by 1 or 2 pips. This way, advertised 1 pip
narrow spreads can easily work out at 3 or 5 pips, thus reducing profits made by
WallStreet ASIA. Be particularly cautious of new brokers who advertise aggressively
on the internet.

-4-
The MetaTrader4 (MT4) Trading Platform
WallStreet ASIA operates within the MetaTrader4 trading platform. MT4 is a free trading
platform available through most forex brokers.

If you do not have MT4 installed on your computer, you can download a copy by going
to one of the following brokers and requesting a demo account:

We cannot stress enough, how important is to choose a decent, reputable


FOREX broker with competitive spreads and good trading conditions. If you are
new to FOREX trading, make sure that you spend enough time in your own
research for that matter, before investing any real money in any FOREX broker!

Installing MetaTrader 4
Browse through this section if you are familiar with MT4 and already have a broker
account.

After completing installation, you will be asked to create a demo account. Fill in the
details and select the amount of the account deposit. Enable Agree to subscribe to your
newsletters, then click Next.

-5-
The program will ask you to select the trade server to which it should connect. Click
Next. In the next window, click Finish.

-6-
Your demo account is opened. Close MT4 so that you can install WallStreet ASIA.

-7-
INSTALLING WallStreet ASIA

We offer you two ways of installing our software:

Automatic installation using WallStreet ASIA installer

Automatic installation is very convenient because you only need to download a single
file, start the installation process and follow the steps. Finally, the robot is automatically
installed in your terminal. Please read the instructions below to install WallStreet ASIA
to your MT4/MT5 terminal:

❖ After logging into the member area with the username and password provided, go to
the download page. In download page, on the picture showed below, you have to
click on “DOWNLOAD” button in order to download automatic installation file. We
recommend you to save the file in convenient location on your computer.

❖ Go to the folder where you saved the file and double click on the file to start the
installation process.

❖ During installation, select the installation folder of your MetaTrader4 or MetaTrader 5


terminal. This folder would usually have the name of your broker and would be found
in C:\Program Files.

❖ Follow all the steps until you finish the installation.

NOTE: The installer also contains the MT5 version of WallStreet ASIA. If you want to
use the robot on MT5 terminal you only need to select the installation folder of your
MT5 terminal during the installation process.

-8-
-9-
Manual installation
In addition to automatic installation, we also offer manual installation. For this purpose,
we have created an archive that contains all the components and different versions of
our robot. In this archive you will find the versions of WallStreet ASIA for MT4 and MT5
terminals. Please read the instructions below to install manually WallStreet ASIA to your
MT4 and MT5 terminals:

1. After logging into the member area with the username and password provided, go to
the download page. In download page, on the picture showed below, you have to
click on “MANUAL INSTALLATION” button in order to download all the necessary files
for manual installation.

2. We recommend you to save the file to a convenient location on your computer. Then,
go to the folder where you saved the file and extract (unzip) the archive you
downloaded. You will find these files in the archive:

- WallStreet_ASIA_vX.X.ex4 (for MT4)

- WallStreet_ASIA_vX.X.ex5 (for MT5)

- WALLSTREET_ASIA.dll (for using only on MT4)

- wsasia.bmp (for using in MT4 and MT5)

- WS_ASIA_GRID_SET folder which contains .set files for activating the GRID
System of WallStreet ASIA. These .set files are optional!

3. Identify your "Application Data" folder.

First you need to locate your Application Data folder of the MT4/MT5. To do this, go to
the File menu in the MT4/MT5 platform and click on "Open Data Folder" (check out the
image below).

- 10 -
4. Place your robot files in the right location.

First thing to do is to open the MQL4 (MQL5 for MT5) folder, which is in the "Application
Data" folder (which you already see). The next steps are very easy:

• Place the "WallStreet_ASIA_vX.X.ex4" file in the "Experts" folder inside the


"MQL4" folder. If you use MT5 terminal, then place "
WallStreet_ASIA_vX.X.ex5 " in the "Experts" folder inside the "MQL5" folder.

• Place the "WALLSTREET_ASIA.dll" file in the "Libraries" folder inside the


"MQL4" folder.

• Place the “wsasia.bmp” file in the “Images” folder inside the "MQL4" (MQL5 for
MT5 terminal).

• Copy the folder WS_ASIA_GRID_SET and place it in "Presets" folder inside the
"MQL4" (MQL5 for MT5 terminal). If you don’t want to use the GRID System, then
you can miss this step!

- 11 -
5. Run the WallStreet ASIA.

After you have successfully placed the files in the correct folder, all you need to do is to
restart your MT4/MT5. If you have done everything correct, the EAs should appear in
the "Navigator" Tab of your MT4/MT5.

- 12 -
ACTIVATING WallStreet ASIA
You should activate your copy of WallStreet ASIA for your demo and real accounts
through our website. Login to our member zone and then find the account activation
page. Type your account number into the input field, select the type of your account
(demo or real), select WallStreet ASIA from the list of available forex robots and click
Activate button. Repeat this procedure for each account.

Your WallStreet ASIA licence is valid for an unlimited number of demo accounts and
for one real money account. The licence is not tied to one computer. You are free to
trade using your accounts on any computer at home, in the office, or VPS.

As well, you have an option to remove an account that you do not use and activate a
new account on its place.

You should activate your demo or real account even if you wish to backtest
WallStreet ASIA.

Your online authentication procedure may take some time. If you see an
“Online Authentication Problem!” alert, wait a couple of minutes and try
again. If the problem persists, contact us at
[email protected]

Here's how the activation form looks like:

- 13 -
You can see your currenly activated account numbers in the below table:

- 14 -
STARTING AND CONFIGURING
WallStreet ASIA
After installing and activating WallStreet ASIA, launch your MT4 terminal and click
Tools->Options.

At this stage, make certain that you have checked and unchecked all the boxes exactly
as shown below in order to ensure correct WallStreet ASIA operation.

- 15 -
Now, open the graphs for the currency pairs you wish to trade, then select the 15-
minute graph, М15.

For a comprehensive information regarding the recommended, the supported currency pairs and
for the alternative settings, please visit the “Settings” section in your member’s area.

Select the 15-minute graph, М15.

Now you are ready to place WallStreet ASIA on the chart. In the Navigator window,
double click Expert Advisors to expand it. You should now see all Expert Advisors
including WallStreet ASIA. Now, you can right click WallStreet ASIA and select Attach to
a Chart, or alternatively simply drag WallStreet ASIA onto the chart.

- 16 -
After placing WallStreet ASIA on the chart, you should see a smiley face in the
upper right hand corner of your chart. This means the robot is running. If you do not
see a smiley face, make certain that under Properties on the menu bar, the Allow Live
Trading box is checked. If it is checked and you still do not see a smiley face, go to Tools
on the menu bar and select Options. A popup will appear. Select the Expert Advisors Tab
and check both the Enable Expert Advisors box and the Allow Live Trading box.

You can enable or disable WallStreet ASIA from the Expert Advisor button at any time.

- 17 -
WallStreet ASIA
SETTINGS

It is important to be noted that we developed the WallStreet ASIA after we received


many requests from our clients. The Asian session scalping performance is limited by
the brokers’ conditions, so we do not recommend using WallStreet ASIA on brokers with
high spreads during the Asian trading session. As well, we do not recommend the usage
of WallStreet ASIA by people who are not familiar with the specifics of this type of
trading.

What you should be aware of, when using WallStreet ASIA on a real-money account:

- The performance of all Asian session scalpers depends on the spreads and the order
execution by brokers. The best choice would be ECN brokers with tight spreads, fast
order execution and good reputation.

- If you use WallStreet ASIA on a real account more than a month without success,
you’d better cancel operation and try to find a broker with better trading conditions
during the Asian trading session.

WallStreet ASIA works on M15 time frame only!

Supported currency pairs and recommended spreads during the Asian trading session:

GBPUSD (spreads below 3 pips) EURGBP (spreads below 4 pips)

USDJPY (spreads below 2 pips) EURCHF (spreads below 3 pips)

GBPCAD (spreads below 8 pips) USDCAD (spreads below 3 pips)

GBPCHF (spreads below 8 pips) USDCHF (spreads below 3 pips)

You can edit WallStreet ASIA settings by right clicking anywhere on the chart and
selecting Expert Advisors -> Properties.

WallStreet ASIA automatically updates its settings from our web server. This
means that you can relax: your forex robot is always trimmed to prevailing
market conditions.

NEW WinLargeFonts true/false: use "true" to adjust the robot information box
display in case you are using the Windows Large Fonts.

- 18 -
Magic: a unique identifier through which WallStreet ASIA recognises and manages its
own positions. If you use other expert advisors on the same account, please ensure that
each of them has a distinct unique identifier.

EA_Comment: you can type here a comment, if you wish to mark the WallStreet ASIA
trades.

MaxSpread (default value: -1.0) – the default maximum allowed value of the spread
is provided by our server, but if you want to use your own value, then you can enter a
positive value for the MaxSpread parameter.

MaxSpreadExit: The parameter is used to control closing the trades and avoid closing
the trades when the current spread is greater than MaxSpreadExit. For example, if you
set MaxSpreadExit=5 the EA will close the trades only when spread is equal or lower
than 5 pips. This could be useful in the periods when there are high impact news
(events) and from 00:00 to 00:59 o'clock when the spreads could be higher than usual.
This parameter has value 0 (zero) by default which means it is disabled. If you want to
use it then you can set a value greater than 0 (zero).

Slippage: maximum allowed slippage.

Auto_GMT (default value: true) – this parameter controls the GMT Offset calculation
method. In most of the cases, the automatic GMT value is correct. However, in some
cases, you may need to enter the GMT Offset by yourself. In this case, switch
Auto_GMT to FALSE and enter the value you need in the Manual_GMT_Offset
parameter.

Calculate_DST (default value: true) - activates the automatic DST (Daylight Saving
Time) correction.

Manual_GMT_Offset (default value: 2) – in case you switch to Auto_GMT=FALSE, the


value of this parameter should be the right GMT Offset of your broker (usually, the
winter GMT offset). As well, in case you perform a backtest, you should enter here the
correct GMT Offset for the historical data you use – otherwise, the backtest will be
incorrect.

LongTrades true/false - enable/disable Long trades.

ShortTrades true/false - enable/disable Short trades.

NEW RefreshDays: this value manages the real-time auto-update interval in days

StealthMode true/false: a mode which conceals stoploss and takeprofit levels in


program logic, making them invisible to brokers. If you use this mode, the stoploss and
takeprofit orders are not located in the trading server. In this case, if your trading
terminal is not connected, or the robot is not working, your orders would not be
protected. However, we are strongly encouraging using the StealthMode,

- 19 -
because in some cases the visible StopLoss levels could be attacked
tendentiously by algorithms that some unethical brokers could use.

NEW EmergencyStopDist: this parameter ensures a second level of protection, when


StealthMode is used. At values greater than zero it activates a second level of true
(Emergency) StopLoss on a greater distance then the virtual hidden StopLoss is located.
In such case the value of the new emergency StopLoss will be the sum of the
EmergencyStopDist value plus the value of the hidden StopLoss.

As an example if StealthMode is used and the hidden “system” StopLoss is 60 pips and
the EmergencyStopDist is 100 pips, then the emergency StopLoss will be placed 160
pips away from the trade entry price. The only purpose of this is to protect you from
some extremely rare circumstances in which the market moves excessively and the EA
does not manage to close by a market order on the actual “hidden” StopLoss level.

NFA true/false: use "true" if your broker is NFA regulated.

No_Hedge true/false: use "true" if you wish to cancel all hedge trades.

TicksTrade (default value: false) – this is an experts-only parameter, which activates


execution on the trading logic on every price tick. By default, Wallstreet ASIA operates
on M1 bar closing. All optimizations and tuning we made are based on M1 bar closing,
so we do not recommend switching ON the TicksTrade mode, unless you are an expert
capable in making your own 100% real tick tests and optimizations. However, the
TicksTrade mode could provide very aggressive and profitable trading, but this depends
greatly on the broker’s trading conditions.

NEW PendingOrderDist: this value manages the new Pending (Stop/Limit) Orders
functionality:
- If the value is zero (default) the robot will use only market orders.
- If the value is greater than zero (a positive value) the robot will use “Limit” orders
with a distance from the market price equal to the PendingOrderDist value in
pips.
- If the value is lower than zero (a negative value) the robot will use “Stop” orders
with a distance from the market price equal to the PendingOrderDist value in
pips.

Generally, we recommend using market orders, but we’ve designed this functionality to provide
an additional flexibility to those our users, which would be interested to experiment. As an
example, if you notice that your broker executes the market orders with a great slippage, you can
try using Limit, or Stop orders. The Limit orders would help to open the trade on a most
favourable price, but you can miss some of the trades. We recommend this functionality only for
advanced traders, which are capable to make their own backtests and optimisations.

- 20 -
NEW StopLimitExpire: this value (in minutes) manages the pending orders expiration
in case you are using the Pending Orders functionality.

StopLoss: distance to stoploss levels in standard (4 digits) pips.

TakeProfit: distance to takeprofit levels in standard (4 digits) pips.

Channel_Period (default value: 0) - the period of the custom, volatility based


channel indicator. The default value is zero, which means that the value provided by our
server will be used.

Entry_Break (default value: 0) - break in pips of the channel border, which will trigger
an opposite order execution. The default value is zero, which means that the value
provided by our server will be used.

Exit_Distance (default value: 0) - break in pips of the channel border, which will
trigger a closure of the existing order. The default value is zero, which means that the
value provided by our server will be used.

Exit_DistanceM1 (default value: 0) - break in pips of the channel border on M1


timeframe, which will trigger a closure of the existing order. The default value is zero,
which means that the value provided by our server will be used.

Start_Trade_Hour (default value: -1) - the hour of the day (Broker time) in which
trading will be enabled. The default value is -1, which means that the value provided by
our server will be used.

End_Trade_Hour (default value: -1) - the hour of the day (Broker time) in which
trading will be disabled. The default value is -1, which means that the value provided by
our server will be used.

MaxDailyRange: If the daily bar height is greater than MaxDailyRange value the robot
will not open a trade.

UseCustomPair true/false: if you wish to use WallStreet ASIA on an unsupported


currency pair, change UseCustomPair=true

UseSettingsFrom: if you wish to use WallStreet ASIA on an unsupported currency pair,


with this input parameter you can choose, which supported settings you wish to use. It
is not necessary to change this parameter if you use some of the supported currency
pairs. It is only in case you use "UseCustomPair=true".

RecoveryMode true/false: when RecoveryMode is activated, an algorithm effectively


compensates current drawdown through smooth increases of trading volumes. This
mode is active only when AutoMM is greater than zero (AutoMM > 0). Before activating
RecoveryMode, please bear in mind that it can significantly increase risk to your account.
For this reason, RecoveryMode should be used at low values of the AutoMM parameter.

- 21 -
FixedLots: the extent of the fixed trading volume. If you use AutoMM>0, the value of
the FixedLots parameter does not matter.

AutoMM: automatic risk management activates at values greater than zero:


- Example 1: at AutoMM = 2, WallStreet ASIA opens positions equal to 0.2 lots (20,000)
given account extent of 10,000. This places 2 percent of the account extent at risk per
individual transaction at a loss of 100 pips.
- Example 2: at AutoMM = 10, WallStreet ASIA opens positions equal to 1 lot (100,000)
given account extent of 10,000. This places 10 percent of the account extent at risk per
individual transaction at a loss of 100 pips.

AutoMM_Max: the maximum permitted risk expressed as a percentage of the account


per individual transaction, calculated on the basis of a 100 pip loss.

MaxAccountTrades: using this parameter you could limit the number of


simultaneously opened trades in your account. The default value is zero, which means
that by default this option is disabled.

MondayStartHour: The robot will start trading after this hour on Monday. If you want
to set any custom value it must be between 0 and 23. To completely disable trading on
Monday set MondayStartHour=24.

FridayExit true/false: if you wish to close all trades on Friday, you should use
FridayExit=true

LastTradeHour: the robot can trade until the end of this hour on Friday (including this
hour).

ExitHour: the robot will close all open positions at this hour on Friday.

If you decide to use the "FridayExit" option you should set "LastTradeHour" and
"ExitHour" several hours before the market closing of your broker on Friday.
Avoid_News true/false - if you wish to use the news filter function, you should set
Avoid_News=true

Important: StopLoss and TakeProfit have default values of zero (0). When the default
value is selected, WallStreet ASIA uses StopLoss and TakeProfit values broadcast by our
web server. If you wish to set your own StopLoss and TakeProfit values, simply input
values different to zero. In such a case, WallStreet ASIA shall use the StopLoss and
TakeProfit values set by you.

- 22 -
WallStreet ASIA
BROKER SPY MODULE
An insider look to the Broker behavior

The BROKER SPY MODULE compares the initial entry/exit price ordered from the robot,
with the actual broker execution price. The difference between the ordered price and
the broker execution price is the actual slippage.

If the broker is a correct one (and you are not trading news, spikes or other extreme scalping
techniques) the slippage could be either positive, or negative. In long term the average
slippage should be close to zero.

Unfortunately some brokers are literally stealing from their clients with tendentious
negative slippage without any objective market reason. This is why we’ve developed the
BROKER SPY MODULE – to provide to our users this extremely important information -
an inside look to the broker’s behavior.

- 23 -
The BROKER SPY MODULE aggregates the whole important information of all trades
executed from the robot since it is started. All statistics is written on an external file, so
even if you restart the robot multiple times the statistics will not be lost.

If you change the magic number of the robot, the robot will create a new file and
the statistic will start from that moment. All statistics files from different magic number
initializations will be kept with the used magic number in the name of the file. If you
want to continue the statistics on some particular file you just need to initialize the
robot with the same magic number as is in the file name. The BROKER SPY MODULE
statistics files are located in the MT4 Data Folder->MQL 4->Files.

The BROKER SPY MODULE also provides important information about the average order
execution delay. The order execution delay could be initiated from the broker in low
liquidity conditions, or other objective reasons. Unfortunately in some cases some
brokers could use this tendentiously to steal their clients. In other cases the orders
delay could be caused by poor, or busy internet connection. However in all possible
scenarios this is a very important information to know. It could be considered as normal
if your order delay is below 1000 ms (1s) in normal market conditions, unless you do
not get a tendentiously negative slippage.

In addition the BROKER SPY MODULE provides statistics for the average spread for all
moments in which the robot initiate a trade signal.

Here is what exactly the BROKER SPY MODULE (BSM) statistics show:

The values in the brackets represent the extracted from the BSM history file data, from
all previews initializations of the robot. The values outside the brackets represent the
statistics since the last initialization of the robot.

First Trade – the date and time of the first trade from the statistics.

Last Trade – the date and time of the last trade from the statistics.

Total Errors – the total number of recorded errors for all type of orders

Stop/Limit Orders - the total number of successfully placed pending orders

Stop/Limit Deals - the total number of successfully activated pending orders

Market Trades - the total number of successfully executed market orders

Total Entry Slippage – the total slippage from all market and all activated pending
orders in standard 4 digit pips.

Average Slippage – the average slippage from all market and all activated pending
orders in standard 4 digit pips.

- 24 -
Average Speed – the average time delay for accepting of all type of orders in
milliseconds (ms)

Exit Signal Trades – the total number of successfully executed exit market orders

Total Exit Slippage - the total slippage from all exit market orders in standard 4 digit
pips.

Average Slippage – the average slippage from all exit market orders in standard 4
digit pips.

Average Speed - the average time delay for accepting of all exit market orders in
milliseconds (ms)

Average Spread – average spread for all trading signals generated from the robot in
standard 4 digit pips.

Last Signal Spread – the spread for the last trading signal generated from the robot

High Spread Count – the total number of cases in which the trade is canceled due to
high spread, considering the MaxSPREAD setting.

- 25 -
BROKER SPY MODULE
SETTINGS

BSM_Alerts true/false: use True, if you want to activate the Broker Spy Module alerts.

BSM_Alert_Open_Delay: the maximum allowed delay in milliseconds (ms) for


opening new trades, above which the BSM will display an alert.

BSM_Alert_Open_Slippage: the maximum allowed slippage (in standard 4 digit pips)


for opening new trades, above which the BSM will display an alert.

BSM_Alert_StopLimit_Delay: the maximum allowed delay in milliseconds (ms) for


accepting pending (Stop/Limit) orders, above which the BSM will display an alert.

BSM_Alert_StopLimit_Slippage: the maximum allowed slippage (in standard 4 digit


pips) for activating pending (Stop/Limit) orders, above which the BSM will display an
alert.

BSM_Alert_Close_Delay: the maximum allowed delay in milliseconds (ms) for closing


trades, above which the BSM will display an alert. .

BSM_Alert_Close_Slippage: the maximum allowed slippage (in standard 4 digit pips)


for closing trades, above which the BSM will display an alert.

- 26 -
WallStreet ASIA
GRID SYSTEM

The new version 1.4 (and above) of WallStreet ASIA comes with Grid System. The Grid
System is developed to make WallStreet ASIA more profitable and less broker
dependent. The goal was to make WallStreet ASIA perfect trading strategy for all forex
traders. Because with the Grid System it can cover the needs and expectations of most
of the forex traders.

The Grid System of WallStreet ASIA can be used in many ways. You can use it as
normal grid, grid with martingale risk policy and in more aggressive way. No matter
how you will use the Grid System it will improve WallStreet ASIA performance.

1. How to use the Grid System as a normal grid?

The only thing you have to do is to enable the Grid System. Just set
Grid_System=true and then configure the Grid System parameters. The most
important parameters of the Grid Systems are:

▪ Grid_Max_Trades

▪ Grid_Distance

▪ Grid_Take_Profit

▪ Grid_Stop_Loss

These four parameters are enough for making WallStreet ASIA a normal grid. You can
read below the section " WallStreet ASIA Settings" to learn more about these four
parameters.

What is typical for a normal grid? The typical is that the strategy open a few trades with
specific distance between each trade and same lot size. You can control the number of
trades by Grid_Max_Trades. You can define the distance by Grid_Distance. You can set
take profit in pips by Grid_Take_Profit and you can set stop loss by Grid_Stop_Loss
parameter.

With these four parameters you can run optimization to find the best configuration.
Then you can use this configuration for live trading.

- 27 -
2. How to use the Grid System as a grid with martingale risk policy?

A Grid System with martingale risk policy means that every next trade will be with
higher risk than the previous one. The advantage of this is the speed of closing the
trades. Most of the times when a martingale risk policy is used with grid strategies all
open trades are closing quickly on profit.

You can use the same four parameters from above plus the following parameters:

▪ Grid_Risk_Multiplier

▪ Grid_Take_Profit_Money

The first parameter Grid_Risk_Multiplier is used for risk policy. Read the section
"WallStreet ASIA Settings" to learn more about this parameter and how to use it.

Since martingale strategies have complicated risk calculation you cannot simply use
take profit in pips. Therefore, we have added additional parameter
Grid_Take_Profit_Money. It is easier now to calculate your desired profit in your account
currency. Low values of this parameters mean that the EA will close the grid trades
quickly.

3. How to use the Grid System in more aggressive way?

Based on our tests and optimizations the Grid System can be used as more clever
system too. What this means? Not always you need a few additional trades (grid) to
compensate the initial losing trades. Sometimes you need only one with higher risk and
opened at right moment.

This is possible with the Grid System of WallStreet ASIA. You need to configure the
following parameters:

▪ Grid_Max_Trades: Usually you need to set 1.

▪ Grid_Distance: You need to set bigger distance. For example 70, 80 ... 100...

▪ Grid_Trade_By_Signal_Only: This should be always true.

▪ Grid_Signal_Period: Based on our tests the best results can be achieved with
value 60. This is H1 time frame.

▪ Grid_Risk_Multiplier: You need to set at least 5. For different currency pairs


this may vary.

▪ Grid_Take_Profit_Money: You need to set minimal profit in money for closing

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both trades (the initial and the additional).

▪ Grid_Stop_Loss_Money: You need to set the stop loss in money if there is a


big movement in wrong direction.

We have prepared .set files for each supported pairs with activated GRID System. You
can find these .set files in the member area Download page:

https://www.wallstreet-forex.com/account/download

Have in mind that there are .set files for different cases with different combination of
settings. You must test all .set files in strategy tester before to load them on your real
money account. Test well and make sure that the .set files are OK with your account
balance and risk you trade.

Why we have added GRID System in WallStreet ASIA?

The reason is simple: not all brokers offer good conditions during the Asian session. To
help our users to achieve good results we have developed and added GRID System in
the robot. When the GRID System is enabled WallStreet ASIA become less broker
dependent and have better chance to close the trades on profit. GRID System could be
risky for small accounts! In case you have a small account please trade with the default
settings.

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RISK MANAGEMENT HINTS

Risk management is of fundamental importance in attaining optimum forex trading


results. It pays to think carefully before deciding what percentage of your account to
expose to risk in each individual transaction.

If your account is significant in extent and importance and if you do not wish to take
unnecessary risk, then you should settle for AutoMM values between 1 and 5 percent
risk per individual transaction. In such case, you may expect a return on investment in
the order of 10 to 100 percent on an annual basis.

If your account is not significant in extent or importance, and if you can afford to
assume significant risk, then you may select AutoMM values between 10 and 20
percent per individual transaction. In such case, you may expect a return on investment
in the order of 200 and 1000 percent on an annual basis. Bear in mind, however, that
the level of risk assumed means that the chance of losing the entire account increases.

In reality, perhaps the most widely assumed risk per individual transaction is 5 percent
(AutoMM=5), and for a good reason. Assuming 5 percent risk and applying a good
trading strategy, your chances of steady long-term profit are significant, while the risk of
losing the entire account is minimised.

For example, if you have a USD 10,000 account, then:

- If AutoMM=0, the EA will trade with volume = parameter FixedLots (defaults


FixedLots=0.1)
- If AutoMM=2 (2 percent risk) the EA will open 0.2 lot positions (20,000)
- If AutoMM=5 (5 percent risk) the EA will open 0.5 lot positions (50,000)
- If AutoMM=10 (10 percent risk) the EA will open 1.0 lot positions (100,000)

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HOW TO BACKTEST
WallStreet ASIA

Please, do not forget to activate your demo, or real account, even if you only
wish to backtest WallStreet ASIA!

If you wish to back-test WallStreet ASIA, first you should download history from the
MetaTrader history center: click Tools -> History Center, or press the "F2" key of the
keyboard. In the list, find the currency pair that you wish to back-test and double click
to expand it. Click "1 Minute (M1)" and then click "Download". When the download
process is finished, double click on "5 Minutes (M5)” and "15 Minutes (M15)" to convert
the M1 data. Close the "History Center" window.

To open the "Strategy Tester" window click the "Strategy Tester" button of the
MetaTrader menu, or press "Ctrl+R" on the keyboard. In the "Strategy Tester" window
chose "WallStreet ASIA", chose one of the supported currency pairs, chose M15
timeframe, chose the method "Every tick ...", as shown below. Click "Start" to start the
back-test.

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The back-test by "Every tick" is the most precise, but it is very slow. If you wish to save
time you can run the back-test on M1 timeframe by "Open price only ..." method and
this will be correct too.

Important notice: If you make a back-test and at the same time you have WallStreet
ASIA attached on the chart in live trading mode, this can overload your MetaTrader4
terminal and can be a cause for a MataTrader 4 terminal crash. Do not make back-tests
on the same MataTrader 4 terminal, which you use for live trading!

We strongly recommend that you operate a demo account before trading with
real money. This will help you become familiar with the way WallStreet ASIA
operates before you commit genuine funds to a real money account.

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EMAIL AND MOBILE PUSH
NOTIFICATIONS

WallStreet ASIA comes with EMAIL and Mobile PUSH Notification system

WallStreet ASIA gives traders a bit of freedom with the new notification system. Traders
don’t have to sit in front of their computer all day monitoring their traders. In spite of
this freedom, traders like to know when a trading position has been opened or closed
out. Now WallStreet ASIA will inform you about all actions performed in your account. It
easy to set-up your terminal to receive these notifications. The robots can send email
and push notifications to your mobile phone and inform you about all the trades. By
default, these options are disabled. In order to enable these options, you have to set:

▪ EMAIL_Notification=true

▪ PUSH_Notification=true

To receive email messages, you have to configure the MT4 terminal properly too.
The configuration must be done in:

MT4 Menu -> Tools -> Options -> Email

Please check the next image:

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To receive Mobile Push notifications, you have to enable Push Notifications and to
enter your mobile terminal MetaQuotes ID here:

MT4 Menu -> Tools -> Options -> Notifications

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All Forex Robots of FXautomater
All of our forex robots are listed below. You can find many paid or free forex robots. All these
forex robots are developed by FXautomater. We develop different kind of expert advisors - fully
automated, hybrid systems, grid strategies, martingale strategies, scalpers, trending forex
robots and etc.. We have at least one forex robot which may suits your needs. If you cannot find
what you are looking for contact us and we may help you.

Visit https://www.fxautomater.com to check all our forex robots!

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Terms of Use and Risk Disclosure

U.S. GOVERNMENT REQUIRED DISCLAIMER


FOREX trading has large potential rewards, but also large potential risk. You must be aware of
the risks and be willing to accept them in order to invest in the FOREX markets. Don’t trade with
money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell currencies,
futures or options. No representation is being made that any account will or is likely to achieve
profits or losses similar to those discussed on this web site.
The past performance of any trading system or methodology is not necessarily indicative of
future results.
Trading foreign exchange on margin carries a high level of risk and is not suitable for all
investors. The high degree of leverage can work against you. As with all investments, you should
not invest money that you cannot afford to lose. Before deciding to invest in foreign exchange,
you must carefully consider your investment objectives, level of experience, and risk appetite.
Additionally, you must be aware of all the risks associated with foreign exchange trading and
seek advice from an independent financial advisor. Past results are not necessarily indicative of
future success.

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN


LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT
REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE
RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN
MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN
GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF
HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO
ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

By using WallStreet ASIA, you acknowledge that you are familiar with these risks and that
you are solely responsible for the outcomes of your decisions. We accept no liability whatsoever
for any direct or consequential loss arising from the use of this product. It's to be noted
carefully in this respect, that past results are not necessarily indicative of future performance.

Your purchase WallStreet ASIA serves as your acknowledgement and representation that you
have read and understand these TERMS OF USE and that you agree to be bound by such TERMS
OF USE ("License Agreement").

Copyright Information

REPRODUCTION AND OR TRANSLATION OF ANY PART OF THIS WORK BY ANY MEANS


ELECTRONIC OR MECHANICAL INCLUDING PHOTOCOPYING BEYOND THAT PERMITTED BY
COPYRIGHT LAW WITHOUT THE PRIOR WRITTEN PERMISSION OF THE PUBLISHER IS
UNLAWFUL.

Copyright © 2016 – WallStreet ASIA, www.wallstreet-forex.com - All Rights Reserved

Author: WallStreet Forex Robot Team


Website: www.wallstreet-forex.com

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