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WallStreet Recovery PRO EA MT4 – Complete Settings ExplanationWallStreet Recovery PRO EA MT4 is a recovery-based Expert Advisor designed with a strong focus on risk control, intelligent recovery logic, news protection, time management, and broker-safety mechanisms. This EA is suitable for traders who want maximum control over drawdown while trading in a disciplined and structured manner.Below is a complete and detailed explanation of all settings, exactly as shown in the EA inputs.1. Risk Management SettingsWallStreet Recovery PRO EA MT4These settings define how the EA manages lot sizing and overall trading risk.Fixed LotsA manually defined lot size. Example: 0.01 = ultra-low risk, suitable for small or conservative accounts.Auto MMAutomatically calculates lot size based on account balance. 0.0 means Auto Money Management is disabled.Auto MM_MaxDefines the maximum lot size limit when AutoMM is enabled, preventing overexposure.2. General SettingsCore operational rules that control how the EA executes trades.MagicA unique trade identifier ensuring WallStreet Recovery PRO EA trades do not interfere with other EAs.Max Spread / Max Spread ExitMaximum allowed spread for opening or closing trades. Protects against trading during unfavorable market conditions.SlippageDefines the maximum price difference allowed during trade execution.Stealth ModeHides Stop Loss and Take Profit levels from the broker to help avoid stop-hunting.Emergency Stop DistEmergency stop distance (in points) used during extreme market volatility.NFA / No_HedgeRequired for US-regulated brokers where hedging is prohibited.Long Trades / Short TradesEnable or disable BUY and SELL trades independently.3. Custom SettingsUser-level customization options for trade handling.Pending Order DistDistance (in points) used for placing pending orders.Stop Limit ExpireTime (in minutes) after which pending orders automatically expire.Stop LossFixed stop-loss level in points.Take ProfitFixed take-profit level. If set to 0, the EA manages exits dynamically.Secure Profit & Secure Profit TriggerLocks in profits automatically once a predefined profit level is reached.4. Recovery SettingsControls the EA’s intelligent recovery system for managing drawdown.Recovery AfterDefines the loss threshold at which recovery trading begins.Max Recovery TradesMaximum number of recovery trades allowed.Recovery Trade LotsLot size used for recovery trades.Recovery Min Profit DollarsMinimum combined profit required before closing all recovery trades together.This module is designed to recover losing positions in a controlled and calculated manner.5. Monday–Friday Trading RulesWallStreet Recovery PRO EA MT4Defines weekly trading behavior.Monday StartHourHour at which trading starts on Monday.Last Trade Hour / Exit HourControls when the EA stops opening new trades or closes existing trades.Friday ExitIf enabled, all positions are closed on Friday to avoid weekend gaps.6. GMT SettingsEnsures correct alignment with broker time.Auto GMT OffsetAutomatically detects broker GMT offset (recommended).Manual GMT OffsetManual override if AutoGMT detection fails.DST UsageDaylight Saving Time options:EU_DSTUS_DSTNo_DSTCorrect GMT settings are critical for news filtering and time-based rules.7. News Filter SettingsWallStreet Recovery PRO EA MT4Protects trades during high-impact economic events.Avoid NewsEnables or disables the news filter.Include Medium NewsOption to block medium-impact news events.Wait Before News / Wait After NewsDefines how many minutes the EA pauses trading before and after news releases.8. Time Management SettingsAdvanced control over trading days and restricted hours.Monday Trading – Sunday TradingEnable or disable trading on specific days.Monday Hours Forbidden – Friday Hours ForbiddenBlock specific hours during each trading day.This feature is extremely useful for avoiding:Low-liquidity sessionsHigh-risk market hoursSpread widening periods9. Notification SettingsKeeps the trader informed in real time.EMAIL_NotificationSends trade alerts via email.PUSH_NotificationSends alerts directly to the MetaTrader mobile app.10. Protection SettingsA powerful account-level protection system to prevent major losses.Daily ProtectionsMaximum daily loss (currency or percentage)Maximum daily drawdown (%)Daily reset hourAccount-Level ProtectionsMinimum equity limitMaximum equity limitMaximum number of open tradesThese settings act as safety brakes for the trading account.11. Broker Spy Module (BSM)Detects unfair broker behavior and poor execution quality.BSM_AlertsEnables alerts for suspicious broker activity.BSM_Alert_Open_Delay / Close_DelayMonitors abnormal order execution delays.BSM_Alert_Open_Slippage / Close_SlippageDetects excessive slippage during trade entry or exit.This module helps protect traders from poor execution and broker manipulation.WallStreet Recovery PRO EA MT4Product SpecificationsTimeframeM15 (15-Minute Chart) Optimized for stable entries, controlled risk, and smooth execution.Minimum Deposit$100 Designed to operate safely on small accounts with proper risk control.Supported Currency PairsBest performance on major, liquid pairs:EURUSDGBPUSDUSDJPYAUDUSDUSDCHFUSDCADNZDUSDThese pairs are selected for low spread, high liquidity, and stable price behavior.Product TypeNo DLL – Unlimited License✔ No external DLL files required ✔ Unlimited activations ✔ Compatible with all MT4 brokers ✔ Lifetime use without restrictions
