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WallStreet Recovery PRO is an MT4 expert advisor for seven major forex pairs on the M15 chart. It combines a scalping-style entry logic with recovery trade management, spread and slippage filters, a news filter and session controls.
Get one message the moment it launches, with its price.
WallStreet Recovery PRO is a fully automated expert advisor for MetaTrader 4. It opens short-term trades on major forex pairs and manages them with a recovery routine, together with filters for spread, slippage, news and trading hours.
The EA builds on the WallStreet entry approach and adds its own trade management layer. When a position moves against the account, the recovery routine manages the trade cycle and aims to close it at a net gain rather than leaving the loss open. The developer states that it does not use classic martingale sizing or open-ended grid expansion. Any recovery method still increases exposure while a cycle is open, so you should watch how lot sizes and the number of open orders behave on a demo account before going live.
The recommended pairs are EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD and NZDUSD. The recommended chart timeframe is M15. Settings for these pairs are included in the EA, so no external set file is needed. Symbol names differ between brokers, for example when suffixes are added, so confirm that each pair appears in your Market Watch and that the EA recognises it.
The inputs below are the ones documented for the EA. Check the input tab in your terminal for the full list, since other options may be present.
| Input | Purpose |
|---|---|
| WinLargeFonts | True or false. Fixes the information box layout if Windows large fonts are in use. |
| Magic | Identifier the EA uses to recognise its own positions. Use a different value for each EA on the same account. |
| EA_Comment | Optional text to label the EA's trades. |
| MaxSpread | Largest spread at which the EA may open trades. |
| MaxSpreadExit | Spread level above which the EA avoids closing trades, to prevent exits in poor conditions. |
| Slippage | Largest accepted slippage on execution. |
| StealthMode | True or false. Keeps stop loss and take profit inside the EA instead of on the server. If the terminal loses its connection, those levels are not active. |
Trading carries risk, and you can lose some or all of your deposit. Past results, including backtests and signal histories, do not predict future ones. Recovery and grid-style methods can hold several positions at once, so test on a demo account and size your risk to what you can afford to lose.
Run the EA on a demo account with your broker for a few weeks. Compare the spreads, execution and news behaviour with your backtests, and check any rules that apply if you use a funded or prop account.
| Product type | Expert Advisor |
|---|---|
| Platform | MetaTrader 4 |
| Strategy focus | Scalping, Signals, Grid |
| Delivery | Download from your account after purchase |
| License key | Not needed |
| Status | Launching soon |
| Category | Expert advisor (fully automated) |
| Markets | EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, NZDUSD |
| Recommended timeframe | M15 |
| Trade style | Scalping entries with recovery and grid-style trade management |
| Settings | Default parameters built in for the supported pairs |
| Requirements | MT4 terminal with algo trading allowed; a VPS is advisable |
| Backtesting | M15 data with every tick for the most accurate modelling |
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This listing is for MetaTrader 4. The developer has said a separate MT5 build exists, but it is a different product. Make sure you install the file made for the platform you actually trade on.
The optimised parameters for the supported pairs are built into the EA, so you can attach it with the defaults. You can still change inputs such as spread limits, magic number and time controls to suit your broker and account.
The recommended pairs are EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD and NZDUSD, on the M15 chart. Attach it to a separate chart for each pair you want to trade and give each chart the same settings logic, checking the Magic input if you run other EAs.
It is meant to run on standard MT4 accounts, including ECN and STP types. Spread, symbol naming and execution rules vary between brokers, and prop firms have their own rules on grids, recovery and news trading. Check those rules and test on a demo account first.
For a quick check use M1 data with open prices. For a more realistic result use M15 data with every tick and good quality history. Backtests are only an approximation, and past results do not predict future ones.
It needs the terminal to stay connected and running. This matters most if you enable stealth mode, because stop loss and take profit levels are then held by the EA and not on the server. A VPS is a sensible way to keep it running.
WallStreet Recovery PRO
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