In this post I will be reviewing the Wall Street Forex Robot. Straight away I must say that the website for this particular forex robot is very impressive – not that it makes a difference to the quality of the software offered but it is aesthetically pleasing at least. The more I study it the more confident I am that this is a powerful and most importantly profitable automated forex trading system. It is not the perfect forex robot by any means but the potential is there. Let’s take a look at it in more detail. The Wall Street Forex Robot developers claim it is very accurate and reliable with claims of 600%+ gains in just 5 years backed up with forward testing MyFxBook verified results.
Wall Street Forex Robot Strategy
The Wall Street Forex Robot will open the majority of its trades (quoted around 90%) during major market hours (NY, London) which give favourable spreads and plenty of liquidity. Not only is it profitable but it also incorporates a low risk. It was developed and tested thoroughly by a team of experienced traders and coders. It scalps short to medium term trends and as it is a fully automated forex trading system it eliminates all the emotions that can turn a great system into a bad one due to a traders – fear, greed and anger. It has sound money management principles and will only take high probability trades thus ensuring it maintains a high win rate and continues the steady but very impressive gains. A major selling point of this forex robot other than its great gains in profit is the fact it is self-updating. Now, this does not literally mean server side updates as a trading system that needed to be constantly adjusted in those circumstances would not have necessarily have been updated in the 5 or so years of testing. BUT, this does mean importantly that it can adapt to changing market conditions which is a very important factor when considering what automated forex trading system to use. Some forex robots look good over specific historical data but the logic behind the Wall Street Forex Robot suggests that it will work in the past, present and future.
Wall Street Forex Robot Back Testing
On the Wall Street Forex Robot website there are some superb 14 year back tests across multiple currency pairs: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD and AUDUSD. These are the currency pairs it predominantly trades. The average win rate is north of the 80% mark with the draw down being on average less than 5% – excellent statistics of such a prolonged period of time.
Wall Street Forex Robot Live Results
To see the latest live verified trading account performance of all forex robots please visit my best forex robots results page.
Wall Street Forex Robot Summary
Wall Street Forex Robot includes a generous 2 bonus forex robots, Wall Street Asia and Wall Street Recovery Pro. These alone cost at least as much as the original Wall Street Forex Robot. Interestingly there is a Meta Trader 5 version included along with the common MetaTrader 4 forex robot. You get life time support, free updates, instruction manual for a quick and easy setup and a 60 day money back guarantee. Visit Wall Street Forex Robot website and see if you agree with me that this automated trading system has some serious potential.