Our blog contains various topics about the usage and the capabilities of WallStreet Forex Robot 2.0 Evolution. You can also share your thoughts and ideas with other traders who use WallStreet Forex Robot 2.0 Evolution by commenting each topic - this will certainly give you fresh ideas for trading, and consequently, improve your trading performance.
Before starting to this article, every trader should keep in mind that they have to make sure their forex robots work continuously without any inturruption. For that reason, we want to give some important tips how to make sure that forex robots will work.
In the Forex Market there may occur high impact news events which can affect the robot's performance. Due to this, we have developed inteligent news filter system for WallStreet Forex Robot 2.0 Evolution and WallStreet Recovery Pro 2.0 Evolution.
Backtesting is the process of testing a forex robot/trading strategy with historical data available in the MetaTrader 4 terminal, to see how it would have performed in the past. Theoretically, if a forex robot (called also expert advisor) worked well in the past, it will continue to do so in the future.
Most of the forex robots (expert advisors) have some time restrictions in their trading strategies (algorithms). This is required because the foreign exchange markets around the world open and close at different time. Of course, this has impact on the market prices, volatility of the market, trading volume and so on - factors which are very important for one profitable trading strategy. For example some trading strategies start trading during the Asian session other during European session. Others may stop trading during these sessions. All depends on the trading techniques integrated in the forex robots.
To start explaining the whole process of avoiding weekend gaps using our Expert Advisors (forex robots) we would like to give you some information about what are gaps. Gaps occur when there are technical factors or fundamental in the Forex Market. These factors may lead the market to open at a higher or at a lower price than the closed price on Friday.
Forex robots (called also expert advisors) trade according to predefined trading algorithms and complex mathematical calculations. They trade and make profit for the forex traders. But depending on the current market conditions each robot may have some bad periods and make some losing trades. This is absolutely normal and forex traders should not worry about this at all. Our forex robots WallStreet Forex Robot 2.0 Evolution and WallStreet ASIA Evo have integrated recovery system.
We would like to inform you that a new version of WallStreet 2.0 Evolution is available for downloading in the member area. The new version is 1.1. Bonus robots WallStreet ASIA Evo and WallStreet Recovery PRO Evo are also updated. We've fixed several small issues and added some new features.