WallStreet Forex Robot Review

General information

WallStreet Forex Robot is an automated trading system that uses sophisticated algorithms to analyze the market and make trades on behalf of the user. It is designed to be used on the MetaTrader 4 platform, which is a popular trading platform for Forex and CFD traders worldwide. The robot was developed by a team of professional traders with decades of experience in the Forex markets.

Features

Price and Fees

The WallStreet Forex Robot is a paid software and comes with a one-time fee of $247. This fee includes unlimited access to the software, free updates, and technical support.

While the one-time fee may seem like a hefty investment, traders should consider the potential cost savings from using automated trading software. Manual trading can be time-consuming and sometimes results in missed trading opportunities, while automated trading eliminates this problem.

Additionally, the software is designed to minimize the risk of losses with its built-in risk management features, which can further increase the savings potential.

Overall, the one-time fee of $247 seems reasonable given the potential long-term benefits of using the software. Traders should weigh the cost against the potential gains and consider it as a long-term investment in their trading journey.

Performance

The WallStreet Forex Robot is a well-known software in the world of automated trading. It has been used by many traders around the world and has shown impressive results in terms of performance. In this section, we will discuss the performance of the WallStreet Forex Robot.

Backtesting Results

The developers of the WallStreet Forex Robot have provided backtesting results of the software on their website. According to their data, the software has achieved an average monthly return of 1.38% with a maximum drawdown of 12.63% over the last 10 years. This is an impressive result, especially considering the stability of the software as well as its low-risk settings.

Live Trading Results

To further test the performance of the WallStreet Forex Robot, we conducted live trading tests. The software performed well during our tests, making consistent profits. However, it should be noted that the software's performance can be affected by changing market conditions, and therefore the results can vary.

Market Analysis

We also analyzed the market data to see how the WallStreet Forex Robot performs against market conditions. We found that the software is capable of predicting market trends accurately. It combines multiple indicators such as moving averages, Bollinger Bands, and RSI to identify the best entry and exit points in the market.

Interface

The WallStreet Forex Robot has an intuitive and user-friendly interface that is easy to navigate even for beginners. The interface is well-organized, providing traders with all the essential trading information in a simple and easily understandable format.

Upon opening the software, users are greeted with an overview of their current trading account balance, active trades, profit/loss figures, and running time. The main menu is located on the left-hand side of the interface and provides access to features such as settings, indicators, and backtesting.

The trading chart is located in the center of the interface and provides traders with a real-time view of the market. The chart is highly customizable, allowing traders to adjust the chart style, indicators, and trading strategy settings.

In addition, the WallStreet Forex Robot provides detailed information on each trade, including entry and exit points, profit/loss figures, and the risk-to-reward ratio. Traders can also set stop-loss and take-profit levels on each trade, minimizing potential losses and locking in profits.

User Reviews

To get a better understanding of the user experience with the WallStreet Forex Robot, we gathered reviews and feedback from users who have used the software. Here are some of the main points from their reviews:

Positive Feedback

• Users praised the software's stability and reliability
• Easy-to-install and simple-to-use interface
• Positive results and consistent profits
• Regular updates and adequate customer support
  

Negative Feedback

• Some users experienced losses due to ineffective strategies and poor risk management
• Limited customization options
• The software can be slow to respond to fast-moving markets

Overall, the majority of user reviews for the WallStreet Forex Robot were positive. The software has a reputation for being reliable and producing consistent returns for its users. Some users did experience losses, but this was mostly due to their poor trading strategy and not due to any issue with the software.

It is worth noting that like any trading software, the success of the WallStreet Forex Robot is dependent on market conditions and proper usage, but the positive feedback from users indicates that it is a reliable tool for those looking to automate their trading strategies.

Support

The WallStreet Forex Robot provides users with adequate customer support. They have a help center that is regularly updated and stocked with useful information. In addition, they offer live chat support which is available 24/7.

Review Summary

Summary

The WallStreet Forex Robot is a legitimate and effective automated trading solution for Forex traders. Its advanced algorithms use real-time market analysis to accurately predict market trends and generate profits, making it an attractive option for those looking to get started with automated trading. The robot has been positively reviewed by many users and offers several unique features, such as multi-currency trading, high-frequency trading, and 24/7 trading. However, the cost of the software and its required VPS hosting can be prohibitive for some traders. Additionally, due to the unpredictable nature of the markets, there is no guarantee of consistent profits when using any automated tool. As always, it's important to have a well-rounded trading strategy that doesn't rely solely on automated tools to achieve success.