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New version of WallStreet ASIA is available! GRID System is added!

January 29, 2020
16
We are glad to inform you that we have released a new version of our popuplar forex robot WallStreet ASIA. The new version 1.4 (and above) of WallStreet ASIA comes with Grid System. The Grid System is developed to make WallStreet ASIA more profitable and less broker dependent. The goal was to make WallStreet ASIA perfect trading strategy for all forex traders. Because with the Grid System it can cover the needs and expectations of most of the forex traders. 
 
The Grid System of WallStreet ASIA can be used in many ways. You can use it as normal grid, grid with martingale risk policy and in more aggressive way. No matter how you will use the Grid System it will improve WallStreet ASIA performance.
 
1. How to use the Grid System as a normal grid?
The only thing you have to do is to enable the Grid System. Just set Grid_System=true and then configure the Grid System parameters. The most important parameters of the Grid Systems are:
 
  • Grid_Max_Trades
  • Grid_Distance
  • Grid_Take_Profit
  • Grid_Stop_Loss
 
These four parameters are enough for making WallStreet ASIA a normal grid. You can read below the section " WallStreet ASIA Settings" to learn more about these four parameters. 
What is typical for a normal grid? The typical is that the strategy open a few trades with specific distance between each trade and same lot size. You can control the number of trades by Grid_Max_Trades. You can define the distance by Grid_Distance. You can set take profit in pips by Grid_Take_Profit and you can set stop loss by Grid_Stop_Loss parameter.
With these four parameters you can run optimization to find the best configuration. Then you can use this configuration for live trading.
 
2. How to use the Grid System as a grid with martingale risk policy?
A Grid System with martingale risk policy means that every next trade will be with higher risk than the previous one. The advantage of this is the speed of closing the trades. Most of the times when a martingale risk policy is used with grid strategies all open trades are closing quickly on profit. 
You can use the same four parameters from above plus the following parameters:
 
  • Grid_Risk_Multiplier
  • Grid_Take_Profit_Money
 
The first parameter Grid_Risk_Multiplier is used for risk policy. Read the section "WallStreet ASIA Settings" to learn more about this parameter and how to use it.
Since martingale strategies have complicated risk calculation you cannot simply use take profit in pips. Therefore, we have added additional parameter Grid_Take_Profit_Money. It is more easy now to calculate your desired profit in your account currency. Low values of this parameters mean that the EA will close the grid trades quickly.
 
3. How to use the Grid System in more aggressive way?
Based on our tests and optimizations the Grid System can be used as more clever system too. What this means? Not always you need a few additional trades (grid) to compensate the initial losing trades. Sometimes you need only one with higher risk and opened at right moment.
This is possible with the Grid System of WallStreet ASIA. You need to configure the following parameters:
 
  • Grid_Max_Trades: Usually you need to set 1.
  • Grid_Distance: You need to set bigger distance. For example 70, 80 ... 100...
  • Grid_Trade_By_Signal_Only: This should be always true.
  • Grid_Signal_Period: Based on our tests the best results can be achieved with value 60. This is H1 time frame.
  • Grid_Risk_Multiplier: You need to set at least 5. For different currency pairs this may vary.
  • Grid_Take_Profit_Money: You need to set minimal profit in money for closing both trades (the initial and the additional).
  • Grid_Stop_Loss_Money: You need to set the stop loss in money if there is a big movement in wrong direction.
 
We have prepared .set files for each supported pairs with activated GRID System. You can find these .set files in the member area Download page. Have in mind that there are .set files for different cases with different combination of settings. You must test all .set files in strategy tester before to load them on your real money account. Test well and make sure that the .set files are OK with your account balance and risk you trade.   
 
Why we have added GRID System in WallStreet ASIA?
The reason is simple: not all brokers offer good conditions during the Asian session. To help our users to achieve good results we have developed and added GRID System in the robot. When the GRID System is enabled WallStreet ASIA become less broker dependent and have better chance to close the trades on profit. GRID System could be risky for small accounts! In case you have a small account please trade with the default settings.
 
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Comments (16)

Ichi January 29 2020, 2:14 PM

Why not use a pending order system? With time duration? Would help with better entry on the initial trade and also allow to get more pips ( = profit per trade). Limit orders would the trick...

WallStreet 2.0 Evolution Support January 29 2020, 4:14 PM

Ichi: Why not use a pending order system? With time duration? Would help with better entry on the initial trade and also allow to get more pips ( = profit per trade). Limit orders would the trick...


We will forward your message to our developer's team. Thank you for your suggestion.

Arief Laksana January 30 2020, 2:47 PM

Is it okay to turn recovery mode on while grid setting is loaded?

WallStreet 2.0 Evolution Support January 31 2020, 9:47 AM

Arief Laksana: Is it okay to turn recovery mode on while grid setting is loaded?

If you prefer to use recovery mode, then yes you can. This is personal decision.

Victor January 31 2020, 2:04 PM

With what minimum account can I use the grid?

WallStreet 2.0 Evolution Support February 03 2020, 9:31 AM

Victor: With what minimum account can I use the grid?

The minimum amount is $1000 and the recommended balance is $3000, but this is only in case your broker allows you to trade with minimum lots size of 0.01. For more information please contact support team.

Roman March 17 2020, 9:14 PM

WallStreet 2.0 Evolution Support: Ichi: Why not use a pending order system? With time duration? Would help with better entry on the initial trade and also allow to get more pips ( = profit per trade). Limit orders would the trick...


We will forward your message to our developer's team. Thank you for your suggestion.

IURIE CHIRITA April 14 2020, 2:03 PM

where to find .set files for USDJPY and USDCAD ?

WallStreet 2.0 Evolution Support April 15 2020, 9:45 AM

IURIE CHIRITA: where to find .set files for USDJPY and USDCAD ?

There are no SET files for USDJPY and USDCAD. All the available set files are listed and available for downloading in the member area. For further questions do not hesitate to contact our support team.

IURIE CHIRITA April 16 2020, 9:27 PM

GBPCAD RiskManagement set , FixedLots 0,01. is it correct? at other pairs sets 0,10.

WallStreet 2.0 Evolution Support April 17 2020, 9:05 AM

IURIE CHIRITA: GBPCAD RiskManagement set , FixedLots 0,01. is it correct? at other pairs sets 0,10.

It seems we have forgotten to change the lot size for GBPCAD set file. You can trade with 0.1 lot. But have in mind that the risk should be adapted to your account balance and the number of pairs you trade.

seif albustanji August 05 2021, 4:59 PM


How do I run Wall Street Asia
On the Ctreader platform
Thank you all

WallStreet 2.0 Evolution Support August 06 2021, 8:44 AM

seif albustanji:
How do I run Wall Street Asia
On the Ctreader platform
Thank you all

Our developers are working currently on developing a cTrader version for WallStreet ASIA. Once, there is cTrader version for WallStreet ASIA we will notify you. Please don't forget to subscribe.

seif albustanji August 06 2021, 1:40 PM

WallStreet 2.0 Evolution Support: seif albustanji:
How do I run Wall Street Asia
On the Ctreader platform
Thank you all

Our developers are working currently on developing a cTrader version for WallStreet ASIA. Once, there is cTrader version for WallStreet ASIA we will notify you. Please don't forget to subscribe.

thanks how i subscribe

WallStreet 2.0 Evolution Support August 06 2021, 4:04 PM

seif albustanji: WallStreet 2.0 Evolution Support: seif albustanji:
How do I run Wall Street Asia
On the Ctreader platform
Thank you all

Our developers are working currently on developing a cTrader version for WallStreet ASIA. Once, there is cTrader version for WallStreet ASIA we will notify you. Please don't forget to subscribe.

thanks how i subscribe

We have checked your profile and we confirm that you've already subscribed.

seif albustanji August 06 2021, 4:56 PM

WallStreet 2.0 Evolution Support: seif albustanji: WallStreet 2.0 Evolution Support: seif albustanji:
How do I run Wall Street Asia
On the Ctreader platform
Thank you all

Our developers are working currently on developing a cTrader version for WallStreet ASIA. Once, there is cTrader version for WallStreet ASIA we will notify you. Please don't forget to subscribe.

thanks how i subscribe

We have checked your profile and we confirm that you've already subscribed.

THANKS

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