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Wall Street Original MT4

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There are many similar expert advisors on the Internet:

  • Wall Street Bot (WSB)
  • WSB Bot
  • BTCash
  • Alfa Trend Bot
  • Profit FX
  • Pride FX
  • CRONOS
  • STB Smart Trading Bot

Here is our implementation of the original Wall Street Bot algorithm with improvements from the REVERSE version.

In addition, we have
removed all unnecessary functions in our opinion, which have shown themselves for a period of more than 5 years not effectively. Removed the information panels, so
how they create an extra load when testing and trading. 

We left the compatibility of the settings in the form of set-files
from the above Expert Advisors. The settings are also suitable for this Expert Advisor, or they are partially suitable because the names of the parameters may
differ. 

Recommended broker: Roboforex
Pro – Cent accounts

  • Trading Mode – mode for selecting the direction of trading or completely disabling the Expert Advisor.
  • Max orders count-limit the maximum number of positions for all strategies.
  • MM-automatic lot calculation
  • Divider-the divisor in the calculated lot formula: 0.00001*Account_Balance/Divider
  • Lots – initial lot, if MM = false
  • Lot exponent-the multiplier of the subsequent lot when averaging
  • Max Lot-limit of the maximum lot, when the lot is reached or exceeded, the next lot will be set
  • Continue trading-allows you to trade all 3 strategies, if you disable it, the so-called ‘Drying’mode will turn on. In this case,
    In this mode, the Expert Advisor will work to close all strategies in profit and wait for a command from the user.
  • Use TF by Max Orders – when the limit on the number of orders is reached, all strategies switch to the trading mode for the
    specified timeframe.
  • Max Orders – the number of orders, upon reaching which the EA switches the timeframe for signals.
  • Reverse Start – the number of the knee from which the order starts to open additionally in the opposite direction, based on
    taking extra profit if the price moves against the trend.
  • Reverse Exponent-the multiplier of the lot opened during averaging when the Trend Start function is enabled.
  • Drawdown – the drawdown level in % at which the EA stops opening the first orders for the strategies, but brings the open ones to a positive level
    the result.
  • Use open average by ticks-enables the mode of opening averaging orders by ticks or waits for the bar to finish and analyzes
    the negative distance traveled is Pip Step.
  • Take profit – take profit in standard points for closing a group of orders.
  • Use close by profit-enables the mode of closing all positions on the total profit in money.
  • Minimum count orders – at what minimum number this mode is activated.
  • Profit in value – the profit in the currency at which all positions will be closed.
  • Use equity stop-enabling the control of closing by the drawdown level in %
  • Total equity risk – drawdown level in % of the balance.
  • Use open Monday-enables the control of opening on Monday from the specified time.
  • Hour – the hour from which trading starts on Monday.
  • Use close Friday – the mode of forced closing of all positions on Friday by time.
  • Hour – the hour when all positions are forcibly closed and the EA goes into the waiting mode on Monday.

[spoiler title=”Read More…”]

  • Continue trading-enables the strategy. When the strategy is disabled and there are positions, the “Drying” mode is activated, which was described earlier
    previously.
  • TF-timeframe for the signal to open the first order of the strategy
  • Max Orders – the maximum number of averaging orders in the strategy
  • Use trailing stop-the trailing stop mode for a group of strategy orders, which can significantly increase the EA’s survival rate in
    difficult situations.
  • Trailing start – the level of enabling the trailing stop from the break-even point of the strategy
  • Trailing stop – stop level in points
  • Pip step – the minimum step between positions when averaging.
  • Pip step multiplier – step multiplier for averaging
  • Magic-ID of the strategy orders. Magic 1 is reserved for Trend strategy orders

[/spoiler]

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