WallStreet Premium is a modern computerized program that allows you to optimize trading on the interbank Forex currency exchange market. Such a program allows you to make a profit without constant monitoring of the market, trading and strategy.
This program belongs to the group of scalpers, that is, the main strategy of the program is the scalping strategy. Based on this principle of operation, the program opens a large number of transactions and then closes them with a small profit. This approach allows you to trade on a short-term trend and use all the advantages of such trading. The advantage of this strategy is the ability to make operational decisions and its high efficiency.
This program is designed to work effectively on the platform MetaTrader 4.
The work can be carried out on several currency pairs, including the following: EUR/USD, GBP/USD, USD/JPY, USD/CHF, USD/CAD. The following currency combinations will be the most profitable: EUR/USD, GBP/USD.
As for the timeframe, the recommended time interval is M15, but based on your own characteristics and needs, this indicator can be changed.
The WallStreet Premium program works around the clock, but depending on certain factors, the working time can be adjusted using the settings.
Let's look at the main settings of the WallStreet Premium system:
- Magic – a parameter that allows the system to distinguish automatically opened positions from others
- EA_Comment – displays the comment of the Expert Advisor on operations
- MaxSpread – selection of the maximum spread value at which transactions will be made
- Slippage – selection of acceptable slippage
- UseCustomPair – a parameter that allows using the program not on a supported pair
- FridayExit – enabling or disabling trading on Friday
The presented program has several versions. The most popular are the following developments: 3.9 and 4.2. The differences between these versions are in reducing risks.