WallStreet Recovery PRO EA – Complete Settings Explanation (Professional & Detailed)

WallStreet Recovery PRO EA MT4 is a recovery-based Expert Advisor designed with strict risk control, news protection, time management, and broker-safety modules.
The following is a complete explanation of all settings shown in your screenshots.

1. Risk Management Settings

WallStreet Recovery PRO EA MT4

These parameters define how the EA manages lot sizes and trading risk.

• FixedLots

A manually selected lot size. Example: 0.01 = ultra-low risk.

• AutoMM

Automatically calculates lot size based on your account balance.
(0.0 = Disabled)

• AutoMM_Max

Maximum lot size allowed when AutoMM is enabled.

2. General Settings

General operational rules of the EA.

• Magic

A unique identifier assigned to trades so they do not interfere with other EAs.

• MaxSpread / MaxSpreadExit

The maximum allowed spread to open or exit trades.

• Slippage

Maximum pip difference allowed during execution.

• StealthMode

Hides SL & TP from brokers to avoid stop-hunting.

• EmergencyStopDist

Emergency stop level (points) in case market becomes extremely volatile.

• NFA / No_Hedge

For US-regulated brokers where hedging is not allowed.

• LongTrades / ShortTrades

Enable/disable BUY and SELL trades.

3. Custom Settings

User-level customization options.

• PendingOrderDist

Distance for placing pending orders.

• StopLimitExpire

Time (in minutes) after which pending orders expire.

• StopLoss

Fixed stop-loss level in points.

• TakeProfit

Fixed take-profit level (0 = EA will manage exit conditions itself).

• SecureProfit & SecureProfitTrigger

Automatically lock in profits once the profit trigger is reached.

4. Recovery Settings

WallStreet Recovery PRO EA MT4

Controls the EA’s drawdown-recovery mechanism.

• RecoveryAfter

Start recovery trading after the position loses this amount.

• MaxRecoveryTrades

Maximum number of recovery trades allowed.

• RecoveryTradeLots

Lot size used during recovery.

• RecoveryMinProfitDollars

Minimum profit needed before closing all recovery trades together.

This module helps recover losing positions intelligently.

5. Monday–Friday Trading Rules

Defines when the EA is allowed to trade during the week.

• MondayStartHour

Hour at which the EA starts trading on Monday.

• LastTradeHour / ExitHour

Controls when the EA stops opening or closes trades for the day.

• FridayExit

If true, EA closes all positions on Friday to avoid weekend gaps.

6. GMT Settings

Ensures the EA aligns with your broker’s timezone.

• AutoGMT_Offset

Automatically detects GMT offset (recommended).

• ManualGMT_Offset

Use only if AutoGMT fails.

• DST_Usage

Daylight Saving Time settings: EU_DST / US_DST / No_DST.

Correct GMT is critical for news and time filters.

7. News Filter Settings

Prevents trading during high-volatility news.

• Avoid_News

Enable news filter (true/false).

• Include_Medium_News

Whether to avoid medium-impact events too.

• Wait_Before_News / Wait_After_News

Minutes the EA pauses before and after news events.

8. Time Management Settings

WallStreet Recovery PRO EA

Fine control of trading days and forbidden hours.

• MondayTrading – SundayTrading

Enable or disable trading for each day of the week.

• MondayHoursForbidden – FridayHoursForbidden

Restrict specific hours where the EA is not allowed to trade.

This is highly useful for avoiding risky market sessions.

9. Notification Settings

Sends alerts to the user.

• EMAIL_Notification

Sends trade alerts to your email.

• PUSH_Notification

Sends notifications to your MetaTrader mobile app.

10. Protection Settings

Strong account-protection module to avoid large losses.

Daily Protections:

• Maximum daily loss (currency or %)
• Maximum daily drawdown %
• Daily reset hour

Account-Level Protections:

• Minimum Equity
• Maximum Equity
• Maximum open trades

These act as safety brakes for your trading account.

11. Broker Spy Module

Detects unfair broker practices.

• BSM_Alerts

Enables alerts for suspicious broker behavior.

• BSM_Alert_Open_Delay / Close_Delay

Detects abnormal execution delays.

• BSM_Alert_Open_Slippage / Close_Slippage

Monitors slippage levels to identify broker manipulation.

This helps protect your trades from poor execution.

WallStreet Recovery PRO EA

Here is a professional, polished, and client-ready version of your product specifications:

Product Specifications

Time Frame

M15 (15-Minute Chart)
Optimized for stable entries, controlled risk, and smooth execution.

Minimum Deposit

$100
Designed to operate safely on small accounts while maintaining consistent risk management.

Supported Currency Pairs

This EA performs best on the following major Forex pairs:

• EURUSD
• GBPUSD
• USDJPY
• AUDUSD
• USDCHF
• USDCAD
• NZDUSD

These pairs are selected for their liquidity, low spread, and stable price behavior.

Product Type

No DLL – Unlimited License
✔️ No external DLL files required
✔️ Unlimited activations
✔️ Fully compatible with all MT4 brokers
✔️ Lifetime use without restrictions