WallStreet ASIA was developed after many requests from our clients. The Asian session scalping performance is limited by the brokers' conditions, therefore it is not recommended using WallStreet ASIA on brokers with high spreads during the Asian session. In addition, we do not recommend the usage of WallStreet ASIA by people who are not familiar with the specifics of this type of trading.
The expert advisor comes in one version. When you install the EA, you will notice "WallStreet_ASIA_vX.X" under the Expert advisors section.
What you should be aware of when using WallStreet ASIA on a real-money account:
WallStreet ASIA works on M15 time frame only! Supported currency pairs and recommended spreads during the Asian trading session:
Around the globe there are different trading session times. Some trading sessions start trading during the Asian session other during European session. Some of them may not trade during these sessions. This depends on the specific trading hours.
Our forex robot, WallStreet ASIA, is developed to trade during the Asian session, therefore it is really important to make it has correct GMT Offset set up. You can read more here How to set correct GMT Offset.
GMT means Greenwich Mean Timealso called Coordinated Universal Time, shortly UTC. The differentce in time between local time and GMT(UTC) is called GMT Offset.
GMT offset is really important because of the different location of the brokers around the world. As you know, the brokers may locate in different countries and they have their own GMT Offset times. For example some brokers may have +3 GMT Offset and some of them may have GMT +1. Therefore, it is essential to set correct GMT Offset in the forex robot's settings. If you miss that the robot may not be able to detect the correct time while trading, when to start/stop trading. Therefore, this will affect their performances negatively.
Our forex robot has parameter which is called Calculate_DST. We have developed this parameter to calculate the daylight saving time(DST), which is the practice of advancing clocks during the summer months by one hour so that evening daylight lasts an hour longer. Basically, the regions with summer time adjust clocks forward one hour in the last week of March and adjust them backward in the last week of October to standard time. Most of the cases, expert advisors change thier GMT Offset during summer and as a result it is also important to know that and set it correctly in the settings.
For WallStreet ASIA EA the time is very important factor. If you set wrong GMT offset then the results could be unexpected. Please read the instructions below:
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