Forex Striker is a drawdown-recovery expert advisor built by FXAutomater for the MetaTrader 4 platform. It combines a low-risk M15 scalping engine with a unique compensation algorithm that opens larger-lot recovery trades when initial positions move against the account. Supporting EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, and NZDUSD under ECN conditions, it includes built-in protection filters, broker-spy monitoring, and free lifetime updates for $297 with a 60-day money-back guarantee.

Trading Idea

This recovery-focused expert advisor tracks drawdowns and, upon a loss, deploys successive trades with increasing lot sizes until all positions close together in net profit. It leverages AutoMM risk control, optional high-impact news filtering, and a broker-spy module to minimize slippage and protect equity during volatile drawdown periods.

Specifications

License

The expert advisors is licensed for one real account and unlimited demo accounts, with free lifetime updates and support.

Broker Requirements and VPS

Compatible with any MT4 broker; optimal performance when spreads remain under 2.0 pips on ECN accounts.

Select a reliable ECN broker such as Tickmill, and Scope Markets. We also recommend using TradingFX VPS VPS for uninterrupted 24/5 operation.

MT5 Version

An MT5 terminal-compatible version is available free of charge from the developer.

User Guide

A comprehensive manual with step-by-step setup instructions, illustrations, and best-practice recommendations is included.

Customer Support

Support is available daily from 7 am to 7 pm GMT via email, live chat, and social media.

Future Updates

Investors receive free lifetime updates that optimize settings and add new recovery features.

Starting Balance

The minimum recommended deposit is USD 1 000 per account.

Trading Account

ECN micro, mini, or standard accounts with leverage up to 1:500.

Operating Systems

Windows 7/8/10/11 and VPS environments are supported.

Installer

Standalone point-and-click installer wizard for MT4/MT5.

Bonuses

Purchase includes the WallStreet Forex Robot 3.0 Domination package, featuring four bonus expert advisors: WallStreet Recovery PRO, WallStreet ASIA, WallStreet GOLD Trader, and WallStreet CRYPTO.

Refund Policy

Backed by a 60-day, no-questions-asked money-back guarantee.

Supported Currency Pairs

EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, USDCAD, and NZDUSD.

MetaTrader Chart Timeframe

M15

MyFxBook (3rd Party) Verified, WallStreet Recovery PRO's Live Trading Results

Started On
Oct 11, 2024
Leverage
1:500
Starting Balance
$638
Total Gain
+32.13%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Oct 11, 2024
Account Leverage
1:500
Profit Factor
3.42
Total Gain
+32.13%
Absolute Gain
+32.15%
Monthly Gain
2.69%
Daily Gain
0.09%
Total Pips
906.6
Total Trades
174
Profit Amount
A$205.10
(%) Won Trades
906.6
Drawdown
41.67%
Started On
Sep 07, 2023
Leverage
1:500
Starting Balance
$3000
Total Gain
+28.81%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Sep 07, 2023
Account Leverage
1:500
Profit Factor
2.65
Total Gain
+28.81%
Absolute Gain
+28.80%
Monthly Gain
1.06%
Daily Gain
0.04%
Total Pips
832.1
Total Trades
187
Profit Amount
$863.95
(%) Won Trades
832.1
Drawdown
9.94%

WallStreet Recovery PRO's Backtests using 99% Quality Tick Data via Metatrader Strategy Tester

MM 1

View Full Backtest

Backtests Settings

Symbol
USDJPY (US Dollar vs Japanese Yen)
Period
15 Minute (M15) 1999.01.04 08:54 - 2021.11.03 17:18
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
  • WinLargeFonts=false Magic=456321 EA_Comment="MyFxBots.com" MaxSpread=3 Slippage=2 StealthMode=false EmergencyStopDist=200 NFA=false No_Hedge=false CS="==== Custom Settings ====" RefreshDays=6 PendingOrderDist=0 StopLimitExpire=15 StopLoss=1200 TakeProfit=0 SecureProfit=0 SecureProfitTriger=0 UseCustomPair=false UseSettingsFrom="EURUSD" RS="==== Recovery Settings ====" RecoveryAfter=0 MaxRecoveryTrades=0 RecoveryTradeLots=0 RecoveryMMC=0 RecoveryMinProfitDollars=-1 MM="==== Risk Management ====" FixedLots=0.01 AutoMM=3 AutoMM_Max=20 MaxAccountTrades=0 FE="==== Monday-Friday Rules ====" MondayStartHour=0 FridayExit=false LastTradeHour=19 ExitHour=20 GS="==== GMT Settings ====" AutoGMT_Offset=true ManualGMT_Offset=2 DST_Usage=true NF="==== News Filter Settings ====" Avoid_News=false Include_Medium_News=true Wait_Before_News=30 Wait_After_News=30 TM="==== Time Management Settings ====" MondayTrading=true MondayHoursForbidden="" TuesdayTrading=true TuesdayHoursForbidden="" WednesdayTrading=true WednesdayHoursForbidden="" ThursdayTrading=true ThursdayHoursForbidden="" FridayTrading=true FridayHoursForbidden="" SaturdayTrading=true SundayTrading=true NN="==== Notifications ====" EMAIL_Notification=false PUSH_Notification=false MF="==== Market Bias Filter ====" UseMarketBiasFilter=false ThresholdPercent=60 BS="==== Broker Spy Settings ====" BSM_Alerts=true BSM_Alert_Open_Delay=1000 BSM_Alert_Open_Slippage=2 BSM_Alert_StopLimit_Delay=1000 BSM_Alert_StopLimit_Slippage=2 BSM_Alert_Close_Delay=1000 BSM_Alert_Close_Slippage=2
Bars in test
8107428
Ticks modelled
15906660
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread
10

Backtests Results

Total net profit
857666.54
Gross profit
1358516.60
Gross loss
-500850.07
Profit factor
2.71
Expected payoff
140.12
Absolute Bal DD
199.31
Maximal Bal DD
185316.01
Relative Bal DD
57.92% (112443.29)
Total Trades
6121
Short positions
3382 (95.56%)
Long positions
834 (89.21%)
Profit trades
5858 (95.70%)
Loss trades
263 (4.30%)
Largest Profit trade
21359.49
Largest Loss trade
-14309.43
Average Profit trade
231.91
Average Loss trade
-1904.37
Maximum consecutive wins (profit in money)
2 (-24778.14)
Maximum consecutive losses (loss in money)
3 (-2342.56)
Maximal consecutive profit (count of wins)
37729.92 (56)
Maximal consecutive loss (count of losses)
-24778.14 (2)
Avarage consecutive wins
24
Avarage consecutive losses
1

MM 1

View Full Backtest

Backtests Settings

Symbol
EURUSD (Euro vs US Dollar)
Period
15 Minute (M15) 1999.01.05 08:14 - 2021.11.03 16:39
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
  • WinLargeFonts=false Magic=456321 EA_Comment="MyFxBots.com" MaxSpread=3 Slippage=2 StealthMode=false EmergencyStopDist=200 NFA=false No_Hedge=false CS="==== Custom Settings ====" RefreshDays=6 PendingOrderDist=0 StopLimitExpire=15 StopLoss=1200 TakeProfit=0 SecureProfit=0 SecureProfitTriger=0 UseCustomPair=false UseSettingsFrom="EURUSD" RS="==== Recovery Settings ====" RecoveryAfter=0 MaxRecoveryTrades=0 RecoveryTradeLots=0 RecoveryMMC=0 RecoveryMinProfitDollars=-1 MM="==== Risk Management ====" FixedLots=0.01 AutoMM=3 AutoMM_Max=20 MaxAccountTrades=0 FE="==== Monday-Friday Rules ====" MondayStartHour=0 FridayExit=false LastTradeHour=19 ExitHour=20 GS="==== GMT Settings ====" AutoGMT_Offset=true ManualGMT_Offset=2 DST_Usage=true NF="==== News Filter Settings ====" Avoid_News=false Include_Medium_News=true Wait_Before_News=30 Wait_After_News=30 TM="==== Time Management Settings ====" MondayTrading=true MondayHoursForbidden="" TuesdayTrading=true TuesdayHoursForbidden="" WednesdayTrading=true WednesdayHoursForbidden="" ThursdayTrading=true ThursdayHoursForbidden="" FridayTrading=true FridayHoursForbidden="" SaturdayTrading=true SundayTrading=true NN="==== Notifications ====" EMAIL_Notification=false PUSH_Notification=false MF="==== Market Bias Filter ====" UseMarketBiasFilter=false ThresholdPercent=60 BS="==== Broker Spy Settings ====" BSM_Alerts=true BSM_Alert_Open_Delay=1000 BSM_Alert_Open_Slippage=2 BSM_Alert_StopLimit_Delay=1000 BSM_Alert_StopLimit_Slippage=2 BSM_Alert_Close_Delay=1000 BSM_Alert_Close_Slippage=2
Bars in test
8093898
Ticks modelled
15855782
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread
10

Backtests Results

Total net profit
177822.94
Gross profit
264675.06
Gross loss
-86852.12
Profit factor
3.05
Expected payoff
56.33
Absolute Bal DD
29.87
Maximal Bal DD
28280.70
Relative Bal DD
32.79% (28280.70)
Total Trades
3157
Short positions
1542 (95.14%)
Long positions
831 (87.85%)
Profit trades
2939 (93.09%)
Loss trades
218 (6.91%)
Largest Profit trade
2697.55
Largest Loss trade
-2112.22
Average Profit trade
90.06
Average Loss trade
-398.40
Maximum consecutive wins (profit in money)
2 (-131.38)
Maximum consecutive losses (loss in money)
3 (-2306.69)
Maximal consecutive profit (count of wins)
6778.94 (60)
Maximal consecutive loss (count of losses)
-2112.22 (1)
Avarage consecutive wins
14
Avarage consecutive losses
1

MM 1

View Full Backtest

Backtests Settings

Symbol
USDCHF (US Dollar vs Swiss Franc)
Period
15 Minute (M15) 1999.01.13 17:09 - 2021.11.03 17:32
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
  • WinLargeFonts=false Magic=456321 EA_Comment="MyFxBots.com" MaxSpread=3 Slippage=2 StealthMode=false EmergencyStopDist=200 NFA=false No_Hedge=false CS="==== Custom Settings ====" RefreshDays=6 PendingOrderDist=0 StopLimitExpire=15 StopLoss=1200 TakeProfit=0 SecureProfit=0 SecureProfitTriger=0 UseCustomPair=false UseSettingsFrom="EURUSD" RS="==== Recovery Settings ====" RecoveryAfter=0 MaxRecoveryTrades=0 RecoveryTradeLots=0 RecoveryMMC=0 RecoveryMinProfitDollars=-1 MM="==== Risk Management ====" FixedLots=0.01 AutoMM=0 AutoMM_Max=20 MaxAccountTrades=0 FE="==== Monday-Friday Rules ====" MondayStartHour=0 FridayExit=false LastTradeHour=19 ExitHour=20 GS="==== GMT Settings ====" AutoGMT_Offset=true ManualGMT_Offset=2 DST_Usage=true NF="==== News Filter Settings ====" Avoid_News=false Include_Medium_News=true Wait_Before_News=30 Wait_After_News=30 TM="==== Time Management Settings ====" MondayTrading=true MondayHoursForbidden="" TuesdayTrading=true TuesdayHoursForbidden="" WednesdayTrading=true WednesdayHoursForbidden="" ThursdayTrading=true ThursdayHoursForbidden="" FridayTrading=true FridayHoursForbidden="" SaturdayTrading=true SundayTrading=true NN="==== Notifications ====" EMAIL_Notification=false PUSH_Notification=false MF="==== Market Bias Filter ====" UseMarketBiasFilter=false ThresholdPercent=60 BS="==== Broker Spy Settings ====" BSM_Alerts=true BSM_Alert_Open_Delay=1000 BSM_Alert_Open_Slippage=2 BSM_Alert_StopLimit_Delay=1000 BSM_Alert_StopLimit_Slippage=2 BSM_Alert_Close_Delay=1000 BSM_Alert_Close_Slippage=2
Bars in test
7978919
Ticks modelled
15552531
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread
10

Backtests Results

Total net profit
113090.46
Gross profit
187868.86
Gross loss
-74778.40
Profit factor
2.51
Expected payoff
36.96
Absolute Bal DD
138.00
Maximal Bal DD
11012.01
Relative Bal DD
19.52% (11012.01)
Total Trades
3060
Short positions
1584 (92.68%)
Long positions
732 (89.07%)
Profit trades
2873 (93.89%)
Loss trades
187 (6.11%)
Largest Profit trade
3232.74
Largest Loss trade
-1825.19
Average Profit trade
65.39
Average Loss trade
-399.88
Maximum consecutive wins (profit in money)
3 (-805.63)
Maximum consecutive losses (loss in money)
3 (-31.46)
Maximal consecutive profit (count of wins)
5494.10 (39)
Maximal consecutive loss (count of losses)
-3400.06 (2)
Avarage consecutive wins
17
Avarage consecutive losses
1

MM 1

View Full Backtest

Backtests Settings

Symbol
GBPUSD (Great Britain Pound vs US Dollar)
Period
1 Minute (M1) 1999.01.04 09:13 - 2021.10.28 23:59 (1999.01.01 - 2021.10.29)
Broker
Model
Every tick (the most precise method based on all available least timeframes)
Parameters
  • WinLargeFonts=false Magic=456321 EA_Comment="MyFxBots.com" MaxSpread=3 Slippage=2 StealthMode=false EmergencyStopDist=200 NFA=false No_Hedge=false CS="==== Custom Settings ====" RefreshDays=6 PendingOrderDist=0 StopLimitExpire=15 StopLoss=1200 TakeProfit=0 SecureProfit=0 SecureProfitTriger=0 UseCustomPair=false UseSettingsFrom="EURUSD" RS="==== Recovery Settings ====" RecoveryAfter=0 MaxRecoveryTrades=0 RecoveryTradeLots=0 RecoveryMMC=0 RecoveryMinProfitDollars=-1 MM="==== Risk Management ====" FixedLots=0.01 AutoMM=0 AutoMM_Max=20 MaxAccountTrades=0 FE="==== Monday-Friday Rules ====" MondayStartHour=0 FridayExit=false LastTradeHour=19 ExitHour=20 GS="==== GMT Settings ====" AutoGMT_Offset=true ManualGMT_Offset=2 DST_Usage=true NF="==== News Filter Settings ====" Avoid_News=false Include_Medium_News=true Wait_Before_News=30 Wait_After_News=30 TM="==== Time Management Settings ====" MondayTrading=true MondayHoursForbidden="" TuesdayTrading=true TuesdayHoursForbidden="" WednesdayTrading=true WednesdayHoursForbidden="" ThursdayTrading=true ThursdayHoursForbidden="" FridayTrading=true FridayHoursForbidden="" SaturdayTrading=true SundayTrading=true NN="==== Notifications ====" EMAIL_Notification=false PUSH_Notification=false MF="==== Market Bias Filter ====" UseMarketBiasFilter=false ThresholdPercent=60 BS="==== Broker Spy Settings ====" BSM_Alerts=true BSM_Alert_Open_Delay=1000 BSM_Alert_Open_Slippage=2 BSM_Alert_StopLimit_Delay=1000 BSM_Alert_StopLimit_Slippage=2 BSM_Alert_Close_Delay=1000 BSM_Alert_Close_Slippage=2
Bars in test
7961161
Ticks modelled
15525759
Modelling quality
90.00%
Initial Deposit
$10000.00
Spread
10

Backtests Results

Total net profit
135638.34
Gross profit
201539.00
Gross loss
-65900.66
Profit factor
3.06
Expected payoff
39.79
Absolute Bal DD
2625.78
Maximal Bal DD
41639.65
Relative Bal DD
47.59% (11497.70)
Total Trades
3409
Short positions
1718 (96.10%)
Long positions
732 (88.52%)
Profit trades
3267 (95.83%)
Loss trades
142 (4.17%)
Largest Profit trade
1937.75
Largest Loss trade
-1826.35
Average Profit trade
61.69
Average Loss trade
-464.09
Maximum consecutive wins (profit in money)
2 (-1100.40)
Maximum consecutive losses (loss in money)
3 (-31.51)
Maximal consecutive profit (count of wins)
8965.19 (121)
Maximal consecutive loss (count of losses)
-1826.35 (1)
Avarage consecutive wins
23
Avarage consecutive losses
1

WallStreet Recovery PRO's Trading Strategy

  • Recovery Algorithm: monitors drawdown percentage and triggers recovery sequences.
  • Lot Multiplier: increases lot size on each recovery trade to offset prior losses.
  • AutoMM Risk Control: calculates lot size as a percentage of account balance.
  • Broker Spy Module: tracks spreads, slippage, execution delays; stealth mode on anomalies.
  • News Filter (Optional): suspends trading around scheduled high-impact events.
  • No Time Filters: operates without GMT offset adjustments.
  • Multi-Pair Scalping: trades up to seven M15 charts simultaneously.

Review Bottom Line

WallStreet Recovery PRO delivers a robust, systematic approach to loss recovery for disciplined traders with at least USD 1 000 per account. Its customizable AutoMM settings, recovery-trade logic, and protection modules justify the higher risk profile. A 60-day refund policy underscores the developer’s confidence.

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.