WallStreet Recovery PRO and the Alternative settings (EUR33, GBP30)

May 12, 2015
The new WallStreet Recovery PRO robot can be also used with the popular alternative settings EUR33 and GBP30.
The test and live results of the robot with these settings are very good and stable. 
Check out the performance of WallStreet Recovery PRO with the alternative settings in the graph below:
 
Since the alternative settings are only for EURUSD and GBPUSD, this means that they can be used with WallStreet Recovery PRO too.
In order to trade with the alternative settings, some small parameter adjustments are required. Check them out below:
 
EURUSD:
UseCustomPair=true
UseSettingsFrom=EUR33
RecoveryAfter=150
RecoveryTradeLots=0.3
(the recovery lots could be between 0.3 - 0.5 lots)
 
GBPUSD:
UseCustomPair=true
UseSettingsFrom=GBP30
RecoveryAfter=150
RecoveryTradeLots=0.4
(the recovery lots could be between 0.4 - 0.5 lots)
 
We also recommend to read How to set proper RecoveryTradeLots and RecoveryMMC - you will find it useful for configuring WallStreet Recovery PRO.

Comments (9)

fxautomater August 10 2016, 5:24 AM

A.J.Povilaicio 3-69: Which will set the settings for a couple USDJPY ?

WallStreet Recovery Pro supports USDJPY pair. All you need to do is to attach it with the default settings to USDJPY chart. That's all.

We do not have any alternative settings for USDJPY pair.

A.J.Povilaicio 3-69 August 09 2016, 2:49 AM

Which will set the settings for a couple USDJPY ?

FXAutomater Support June 08 2015, 4:44 PM

You can use other alternative settings of course but you have to make tests first. Otherwise, you may get unexpected and poor results.

John Cole June 08 2015, 2:41 PM

Can we also use other alternative settings, like GBP52T ..?

John Cole June 08 2015, 1:37 PM

Hi.. Would recovery pro be okay, when using alternative setting GBP52T ? .. My data isn't brilliant but looks like it would work quite well. Your opinion? Thanks John

FXAutomater Support May 18 2015, 11:06 AM

Dear Sascha Langer,

You can use AutoMM with the alternative settings. There is no problem. We recommend you to check the following post to read more about setting the proper risk:

http://www.wallstreet-forex.com/blog/how-to-set-proper-recoverytradelots-and-recoverymmc-6

Sascha Langer May 17 2015, 11:50 AM

A general question to the alternative settings.
I usually don't like the fixed lot risk. I usually go with a AMM 1-2% and AMM_max 5%.
But with the alternative settings I am not sure if I should stick to the fixed lots or if I can use my AMM values as well? Please comment. thanks

FXAutomater Support May 12 2015, 3:20 PM

The settings are already listed so you don't need any set files. You just have to changed the aforementioned parameters in our post and leave the others at default. You can only adjust your trading risk (lot size). Keep in mind though that these alternative settings work only on EURUSD and GBPUSD.

mahmoud mounir May 12 2015, 2:27 PM

can it be a set files, so we can load directly to ea and i hope to be for all currency pair

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