Smart Risk Control: NoConcurrentTrades Added in WallStreet Recovery PRO v1.8

Overview of the update

  • What changed: Version 1.8 adds the NoConcurrentTrades boolean parameter.
  • Why it matters: When set to true, the EA will not open a new trade if any supported pair already has an open position, reducing correlated exposure across multiple symbols.

Who benefits

  • Traders running WallStreet Recovery PRO on several charts or symbols.
  • Portfolio managers seeking to cap simultaneous risk across correlated pairs.
  • Users combining automated and manual strategies who want a single active trade at a time.

How to set it up (quick checklist)

  1. Open each chart where WallStreet Recovery PRO runs.
  2. Set NoConcurrentTrades = true on every instance you want coordinated control.
  3. Verify symbol support and synchronization across your platform.
  4. Monitor initial sessions on a demo or low-risk account before scaling.

Practical risk-management tips

  • Use the feature alongside position sizing and stop-loss discipline.
  • Combine with a VPS and reliable broker execution to reduce slippage.
  • Review live performance periodically; the vendor posts real-money results on Myfxbook for transparency.

Live results and credibility

  • The EA continues to show live account performance; traders should verify recent Myfxbook statistics and compare them with their own risk profile.
  • Remember that past performance is not a guarantee of future returns.
Started On
Oct 11, 2024
Leverage
1:500
Starting Balance
$638
Total Gain
+48.07%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Oct 11, 2024
Account Leverage
1:500
Profit Factor
3.27
Total Gain
+48.07%
Absolute Gain
+48.09%
Monthly Gain
2.75%
Daily Gain
0.09%
Total Pips
1,183.0
Total Trades
258
Profit Amount
A$306.83
(%) Won Trades
1,183.0
Drawdown
41.67%

Holiday sale and upgrade note

Final expert take

As a concise risk-control enhancement, NoConcurrentTrades is a welcome addition for multi-pair deployments. It’s straightforward to enable but requires consistent settings across all charts. For traders focused on portfolio-level risk, this update improves control without complicating strategy logic.

We specialize in providing advanced forex trading solutions to help traders maximize their potential. Our mission is to empower you with cutting-edge forex trading tools and insights. Thank you for joining our community, and happy trading!
Author's Profile

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.