WallStreet Recovery PRO

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Regular price $397, discounted price $117.75: save $279.25

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WallStreet Recovery PRO grabs attention as a forex trading robot designed for traders seeking a robust recovery mechanism in volatile markets. Built by a team with decades of forex experience, this Expert Advisor (EA) stands out for its unique approach: when a trade moves against the initial position, the system opens additional trades with larger lot sizes, aiming to recover losses and close all positions in profit-a strategy known as martingale. The EA is optimized for major currency pairs like EURUSD and GBPUSD, but it also supports several others, offering flexibility for users who wish to diversify. Notably, WallStreet Recovery PRO is compatible with MetaTrader 4 and operates around the clock, ensuring no trading opportunity is missed.

However, while WallStreet Recovery PRO promises to recover losing trades, you should be aware of the inherent risks. The martingale strategy can lead to significant drawdowns if the market continues to move unfavorably, and backtests have shown maximum drawdowns reaching up to 28% on certain pairs, making this a high-risk, high-reward tool. The developers strongly recommend starting with a demo account and limiting risk exposure to no more than 1% per trade. On the plus side, WallStreet Recovery PRO includes multiple built-in protection systems and intelligent risk management, providing some reassurance for cautious traders. Ultimately, this EA is best suited for those who understand the risks of aggressive recovery strategies and are prepared to manage them diligently.

Features

• Uses a grid and martingale-based recovery trading strategy: opens additional trades with larger lot sizes if initial trades go into loss.
• WallStreet Recovery PRO is designed for MetaTrader 4 platform.
• Supports major currency pairs: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, NZDUSD, with predefined settings for each.
• Operates 24/5, trading around the clock without time restrictions.
• Does not close trades at a loss; aims to close all trades in overall profit using a recovery system.
• Features high stop loss levels to avoid closing trades during temporary price movements.
• Includes five intelligent built-in protection systems for risk management.
• Offers an automatic money management (AutoMM) option and customizable lot sizing.
• Recommended to use with a maximum of 1% risk per initial trade.
• Provides detailed backtest results and live performance monitoring.
• Includes robust customer support and a detailed quick start guide.
• Can be used on demo accounts for testing before live trading.
• Requires correct GMT offset settings only if the news filter is enabled.
• Regularly updated and ready for current market conditions.
• Developed by a team with over 30 years of Forex trading experience.
• Installation is simplified with easy-to-use files and access to a members-only area for downloads and support.