Wall Street Asia EA Review
Forex Asian Scalper Robot
(Real Experience)
Includes $1,000 to $1,698,094 in less than 3 years case study
On this page, I’m going to do a REAL Wall Street Asia EA Review based on my personal experience with this Forex robot.
Wall Street Asia EA is an expert advisor for Metatrader4 or Metatrader5 that scalps the Asian market on autopilot. This Forex robot aims for small profit targets following the close of the New York session, where the market conditions are calmer.
Before we start, I want to say I dislike “reviews” that only regurgitate what is on the sales page. You know what I mean. The reviews that don’t offer any additional value to your decision making process… because the reviewer obviously has NO real experience with the product or service they are reviewing.
So, rest assured, I’m not going to do this. And I believe my Wall Street Asia EA Review can be instrumental in helping you decide if this Forex robot is right for you, or not.
In case you cannot tell what is happening in this backtest, the account went from a starting balance of $1000 to $1,698,094 in less than 3 years.
Yes, there is tremendous profit potential here, so let’s get started…
What Is The Wall Street Asia EA
And What Does This Forex Robot Do?
First of all, what is a Forex EA (expert advisor), or Forex robot?
An EA (expert advisor), or Robot, is software that is coded to monitor the market, identify trading opportunities, place trades and manage trades on autopilot.
Basically, a trading strategy is programmed into the expert advisor and the strategy is implemented without any input from you.
Obvious benefits of using an Expert Advisor:
>You don’t need to learn a trading strategy… it is coded in
>You don’t need to deal with the emotions of trading… the robot does everything on autopilot without you having to make stressful trading decisions
>You can trade your strategy 24 hours a day… no more missed opportunities
>You can backtest the strategy over a long period of time to make sure it is robust and profitable under different market conditions.
OK, so let’s get into what the Wall Street Asia EA does specifically.
The Wall Street Asia EA is designed for the Metatrader4 or Metatrader5 trading platform and is programmed to trade during the Asian Session, where the market activity is calmer.
If the trading conditions are favorable and a trade is identified, the expert advisor places a trade with the risk parameters you decide, and manages the trade to completion.
Since this is a scalping trading strategy, the Wall Street EA aims to enter and exit the market with profits over a short time period.
Personal Observations:
1. This type of trading has an extremely high win rate because it is pulling a smaller amount of profits from the market with each trade
2. Trades are not set-and-forget style, meaning they do not simply run to stop loss or take profit… but rather apply an exit strategy
3. You’ll get larger profits when the market moves relatively quickly in your trade direction, and smaller profits during slower moving markets
4. Due to the exit strategy, losses tend to be very small, keeping the drawdown to a minimum.
Recommended Currency Pairs:
GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, EURCHF, USDCAD and USDCHF
IMPORTANT NOTE: Unlike other Forex Robots that search for trading opportunities 24 hours a day, the Wall Street Asia EA only looks for trades ONCE a day, during the Asian session, when all trading conditions are met. You should not expect to get a trade every day on every currency pair.
OK, so now that you know the basics of the Wall Street Asia EA, let’s go over some important considerations specific to this trading approach…
Important Considerations
For Using
The Wall Street Asia EA
The genius of the Wall Street EA is that it is very specific. It looks for specific trading conditions at a specific time of day. This is the KEY to its success.
Therefore, the trading conditions of your broker is very important.
Broker Considerations
In order to get the best results from the Wall Street Asia EA, you need to choose your Forex broker wisely. Here is what to look for…
A Forex Broker With Low Spreads: The Wall Street EA only takes trades when the spread is BELOW a certain amount (different for each currency pair). Therefore, using a broker with low spreads during the Asian Session is essential.
A Forex Broker With Fast Order Execution: Since this is a scalping strategy going after smaller profits, every pip counts. Therefore, you’ll want to use a broker with fast order execution.
In short, the Wall Street EA works better and will be more profitable on some brokers compared to others. Choose your broker wisely.
Here are my broker recommendations for the Wall Street Asia EA:
I’m running the Wall Street Asia EA in a live account at RoboForex, so I know it works…
I’m also running the Wall Street EA in a demo account at IC Markets, and it seems to work well here as well…
These are my recommendations because I’ve experienced the trading performance for myself with these brokers… but you can use ANY broker you want, as long as they have low spreads and fast order execution. So, you are not limited to my suggestions.
Is A VPS (Virtual Private Server) Needed?
I’m a big fan of using a VPS (Virtual Private Server). Using a VPS keeps all my trading platforms in the same place and I can keep my accounts open and connected to the Internet 24/7 without having to keep my personal computer on all the time.
Keeping my programs running and connected to the Internet is essential when using Expert Advisors to trade on autopilot.
That being said, since the Wall Street Asia EA trades at very specific times of day and is not in the market for long periods of time… you could get away with using this Robot without a VPS.
You could simply make sure your trading platform is open and connected to the Internet at the specific trading times for the Wall Street Asia EA and the currency pairs you are trading.
Therefore, I would say a VPS is optional.
What I’ve Done To Test
The Wall Street Asia EA
I don’t recommend putting money at risk without doing your due diligence. So, this is what I’ve done to convince myself the Wall Street Asia EA is worth using.
Backtesting
The first thing I did when I got the Wall Street Asia EA was do backtests on each of the currency pairs. This is done by using the Strategy Tester in MT4. (Instructions to backtest are provided in the member’s area).
Let me get this out of the way right now…
Backtests are not a guarantee. I would not expect the exact same results from a backtest and live trading during the same time period.
And since the Wall Street Asia EA is so specific, the backtests are going to be different depending on the historical data source you use. Different broker feeds will yield different results.
However, that being said, a backtest can express potential. Unprofitable backtests means the strategy probably won’t be profitable in live trading conditions. And profitable backtests means the strategy probably WILL be profitable in live trading conditions.
From my backtests, all recommended currency pairs show EXCELLENT profit potential. This is very promising indeed.
Due to the backtests, I decided to take the time to set up forward testing.
Forward Testing
I’ve set up the Wall Street Asia EA on an IC Markets demo account for all the different recommended currency pairs. This allows me to monitor how the Forex Robot performs moving forward on each of the currency pairs. So far, I have been very happy with what I see, because the performance is what I would expect from what I saw from the backtesting.
I’ve also taken the best performing currency pair (EURCHF) according to the backtests and set it up on a live RoboForex account with lower risk. Since the broker choice is very important, I’ve started with low risk to see how the robot performs in live market conditions with this broker. So far everything is working as expected and the EA is in profit.
These actions have allowed me to study how the Wall Street Asia EA works.
My Conclusions After Studying
The Wall Street Asia EA
By studying the backtesting results, demo trading and live account trading, I was able to come to some conclusions.
There is excellent profit potential with low drawdown using the robot as recommended straight from the box. Most people will want to see as much trading as possible on their account. This means they are going to trade all the different recommended currency pairs at the same time… and this seems to work well.
Profits will vary from one broker to the next, so it is worth the effort to find the right trading conditions to tap into the huge profit potential. I’ve seen different trading results between the IC Markets demo account and my live RoboForex account. Both work, but they won’t take exactly the same trades.
I want to keep an eye on what happens on Fridays… if the trade is left open. There is the possibility for a gap in the market over the weekend to result in a large losing trade. If I see a problem here, I’ll activate the Friday close option in the settings of the EA.
Accelerated growth is possible by taking a slightly different approach to using the ea. Each currency pair can be its own income stream. This is what I’m going to talk about next.
Applying My “Single Focus Approach”
To The Wall Street Asia EA
If you’ve followed me for any time, you know I like to focus on one currency pair per account and use higher risk per trade.
For example, instead of trading 5 currency pairs with 1% risk per trade, I’ll trade 1 currency pair with 5% risk per trade. This allows me to focus on the best currency pair for my strategy and maximize profit potential.
So I applied this approach to using the Wall Street Asia EA, and the results were amazing.
For this test, I decided to use the EURCHF currency pair. My backtests identified this currency pair to be highly profitable with a low drawdown and excellent profit factor. Therefore, I did a backtest on the EURCHF using 10% risk per trade.
I know, 10% seems like a lot. But the backtests showed less than 1% drawdown when using 2% risk per trade. This is accomplished due to a very high win rate (over 90%) and the losing trades being very small.
Basically, losses are rare, and the losses that do occur are way smaller than than the total risk used. (Even losing trades are usually not anywhere close to the 10% initial risk). So, I felt using higher risk on this pair was appropriate.
Here are the results, using the EURCHF with 10% risk from January 1, 2020 to the middle of October, 2022 (less than 3 years).
$1,000 To $1,698,094 In Less Than 3 Years
Trading Only The EURCHF Currency Pair
This is CRAZY profit potential completely hands off with very low starting capital and over a relatively short period of time.
For years, decades really, of experience of talking to people wanting to extract profits from the Forex market… this is exactly what people are looking for.
Here are some highlights from the test:
>High Profit Potential: From $1,000 to $1,698,094. Enough said
>High Win Rate: Over 95%
Profit Factor: 44.85 (Anything over 2.0 is considered excellent)
>Low Drawdown: Maximal Drawdown of only 4.5% and Relative Drawdown of only 5.10%
>Average Consecutive Wins: 23 (This means there are some great winning streaks)
>Time Period: Under 3 years
And keep in mind, this profit potential can be implemented without any time and effort from you.
This is just from one currency pair. And I’ve found all the recommended currency pairs to be profitable. Are you starting to see the tremendous opportunity here?
How To Get The Wall Street Asia EA
Wall Street Asia EA is part of the Wall Street 3.0 Premium and Ultimate Packages. You get more trading robots to explore when you get the packages. Choose the package that best suits you… just make sure the package you choose included the Wall Street Asia EA.
Don’t worry, there is a full refund available if for some reason
you decide later this is not for you.
What To Do After Purchasing
The Wall Street Asia EA
The great thing about using a Forex Expert Advisor is everything is done for you. You don’t need to learn a strategy or sit in front of the charts all day.
The only effort you need to put into using the Wall Street Asia EA is in the beginning. Don’t rush this part… and do your own investigations.
Here is how I recommend you proceed once you’ve gotten the Wall Street Asia EA:
1. Pay Attention To The Broker & Account You Use
As stated above, scalping the Asian session requires a good broker with low spreads and fast order execution. Under the correct trading conditions, the EA should be profitable over time. Therefore, if you are not getting the results you expect… It is probably a broker problem.
The Wall Street Asia EA comes with a Broker Spy Module which can help you identify if your broker is behaving in a way detrimental to the EA’s operation.
2. Go Through The Training Inside The Member’s Area
I know you want to get started pulling profits from the market as soon as possible. But you should still go through all the training to learn as much about this EA as possible.
3. Do Your Own Backtesting
Backtesting is fun. It is a very quick way to learn a lot about the potential of the EA you are testing. So, I highly recommend doing your own backtesting.
Through the backtesting I identified the potential of trading one currency pair with higher risk. But that is only scratching the surface. All the recommended pairs on their own or grouped with other pairs have their own opportunities to explore.
4. Start Off With Low Risk
The next logical step would be to test the EA on a demo account. And you can do that. But demo trading is only going to provide information about demo trading… and not necessarily relevant information about trading under live market conditions with real money.
Therefore, I recommend trading on a live account with very low risk. This really is the only way to make sure the EA is performing as expected with the settings and broker you are using.
5. Beware Of The Backtesting - Forward Trading “Time Warp”
When you are backtesting, you get information very quickly. For example, within an hour I identified the potential to go from $1,000 to $1,698,094… which is very exciting.
But assuming you would have gotten the exact same results if you were trading a live account… It took almost 3 years.
When you go from backtesting to forward trading, there is a time warp. Everything feels like it is going in slow motion, because it is.
If you want to turn the potential for profits into real money… you have to be patient and let the EA do its thing over the long term. (And this can be challenging).
The last thing you want to do is prematurely abandon trading with life changing profit potential because you got bored.
OK, let me wrap this section up…
I’m doing this Wall Street Asia EA Review because I want to provide you with information you can use to make an informed decision. And if you DO make the decision to explore this opportunity (and I know many of you will), that is just the first step.
Don’t get overwhelmed.
Simply learn about the EA and test it out. If you decide to go live, start small and settle in for the long haul. Then fine tune how you use the EA to achieve the results you desire.
Don’t worry, there is a full refund available if for some reason
you decide later this is not for you.
Final Thoughts About The Wall Street Asia EA
The profit potential using the Wall Street Asia EA is excellent, and in my opinion, too good to ignore. Plus, with this one robot, there are many different ways to set it up, depending on your trading style.
>You can trade multiple pairs with lower risk to get more trades and diversify your trading
>Or, you can focus on one currency pair with higher risk to try to maximize profits in a short period of time
As we discussed earlier, at this point most of my experience with the Wall Street Asia EA has been through studying different backtest scenarios. I’ve also monitored the activity moving forward on a demo account. Then I verified this works in the live market with real money by adding the EA to a live account and using lower risk.
So far, the EA’s on both the demo and live accounts have performed exactly as expected.
I am confident I will be setting up a dedicated trading account to use with the EURCHF currency pair and higher risk, and have every expectation this way of trading will remain profitable in the future.
Do I expect my results moving forward to be exactly like the backtest? Of course not. Backtests can only give you a glimpse into the profit potential.
But think of this…
What if the Wall Street Asia EA only works HALF as good? Would I be happy with $849,097 in less than 3 years with only an initial $1,000 investment? You bet I would.
How about ¼ the profits? That would be $424,523. I would love that.
What about only 10% of the results? That would be $169,809. Still fantastic.
My point is, even if you don’t get exactly the same kind of profits as the backtest… the profit potential is still enormous. And that is why I personally got this Forex Robot and am actively exploring how to use it to extract profits from the market on autopilot.
And as time moves forward, I will explore other currency pairs and curry pair groupings to diversify the trading. This is a very exciting opportunity, and I am going to explore it thoroughly.
So, what do you think?
I hope this in-depth, real Wall Street Asia EA Review has helped you understand this opportunity and if it is right for you, or not.
Don’t worry, there is a full refund available if for some reason
you decide later this is not for you.
If you have any questions, feel free to contact me through the site and I will do my best to help you.
To Your Wealth,
Edward Lomax