WallStreet CRYPTO ЕА was developed after we have received many requests from our traders. The crypto currencies are new for many brokerages, and the server settings on the broker side may differ, or even can be wrong /in some rare cases/. This may affect the lots size, the spread digits and other values broadcasted by the brokers. It is impossible for us to predict all those variable so you, as a trader must be extremely careful in the following:
The expert advisor can be downloaded in two formats as an installer WallStreetGOLDTrader_v1.2_Installer.exe(automatic installation) or for manual installation - "WallStreet_Crypto_vX.X.ex4"(including WALLSTREET_CRYPTO.dll and wscrypto.bmp files).
WallStreet CRYPTO EA works on M15 time frame. Supported currency pairs and recommended spreads during the trading session:
We have prepared backtests for WallStreet CRYPTO EA. You can check them. We have done backtests for BTCUSD and ETHUSD crypto currencies.
The difference between the trading session times arise the need of correct adaptation of the expert advisors. The execution of the trades in correct timing is important in the forex market.
Our forex robot, WallStreet CRYPTO EA, requires to set up correct GMT Offset before you start using it. You can read more here How to set correct GMT Offset.
GMT means Greenwich Mean Time, in another word it is called Coordinated Universal Time, shortly UTC. The difference in time between local time and GMT(UTC) is called GMT Offset.
GMT offset is very 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 DST_usage. 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 their GMT Offset during summer and as a result it is also important to know that and set it correctly in the settings.
For our crypto trading 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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