WallStreet CRYPTO EA - Best Crypto Trading EA

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 spread for BTCUSD is /in the moment we are writing this/ Bid price: 62293.5 and Ask price: 62375.5, which means the spread is 82 USD. The recommended max allowed spread for BTCUSD is 120 USD. You have to enter 120 in the “MaxSpread_BTCUSD” input settings of WallStreet CRYPTO.
• The spread for ETHUSD /in the moment we are writing this/ is Bid price: 4401.13 and Ask price: 4403.38, which means the spread is 2.20 USD. The recommended max allowed spread in the WallStreet CRYPTO settings is 3.5 USD. You have to enter 3.5 in the “MaxSpread_ETHUSD” input settings of WallStreet CRYPTO.

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:

• BTCUSD (max allowed spread is 120 USD)
• ETHUSD (max allowed spread is 3.5 USD)

WallStreet CRYPTO EA GMT Offset Set Up

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:

• AutoGMT_Offset - if you leave this parameter TRUE then the robot will try to find the correct GMT Offset of your broker automatically. In case, your time zone of your computer is wrong then the automatic GMT Offset detection system will fail and you have to change AutoGMT_Offset=FALSE and to use Manual GMT Offset
• ManualGMT_Offset - here you have to set the Winter GMT Offset of your broker. We have to repeat: The Winter GMT Offset!! It does not matter whether your broker changes its GMT Offset during summer time. If you are not sure what is your broker's Winter GMT Offset then you have to contact your broker and ask them.
• DST_Usage - there could have brokers who changes GMT Offset and who does not change. In case, your broker change its GMT Offset during summer/winter time you have to set TRUE for this parameter. But if your broker always has one same GMT Offset during the whole year then set FALSE. It is very important parameter and you have to pay attention for this. Do not forget to ask your broker and get confirmation about it
• IMPORTANT: In case you perform a backtest, you should enter here the correct GMT Offset for the historical data you use – otherwise, the backtest will be incorrect.

WallStreet CRYPTO EA Recommendations

• The robot supports the following crypto currencies BTCUSD and ETHUSD. You are free to trade on the supported pairs at your own discretion.
• Recommended settings - We suggest you to use the default settings as they provide most stable performance. Just you may need to set up GMT offset based on your broker GMT time.
• Recommended risk - We recommend using a reasonable risk between 1% to 5%, which means 0.1-0.5 lots per 10.000 account, or 0.01-0.05 lots per 1000 account. As well you can use "AutoMM"=2 to 5%. However, if you want to try how lucky you are, AutoMM between 10% and 15% is risky, but potentially could be very profitable.

WallStreet CRYPTO EA MaxSpread Recommended values

• BTCUSD: MaxSpread_BTCUSD = 120
• ETHUSD: MaxSpread_ETHUSD = 3.5