Foreign exchange Diamond EA is a confirmed knowledgeable advisor designed to ship constant outcomes utilizing a mix of pattern and counter-trend methods. Trusted by 1000’s of merchants since its launch, Foreign exchange Diamond EA stands out with its clever buying and selling logic, adaptive cash administration, and skill to thrive in numerous market circumstances.
Now upgraded with superior options to satisfy the calls for of recent buying and selling, together with drawdown safety and a randomization system ideally suited for prop agency challenges, Foreign exchange Diamond EA is extra highly effective than ever.
A Full Totally Dynamic Buying and selling System Designed For Most Reliability And Revenue
Most buying and selling software program handles only one side of your buying and selling technique corresponding to buying and selling small-spread alternatives or waiting for market reversal indicators. The issue with this single-strategy method is that it lacks an general technique to maximise every tactic. Foreign exchange Diamond does not have this downside! Every buying and selling software is aligned with an general buying and selling technique that means that each motion works collectively to ship superior outcomes.
High options of Foreign exchange Diamond EA
- 3 Fully Impartial Buying and selling Methods In One EA
- Dynamic Buying and selling Logic
- Self-Updating Algorithm
- Excessive Buying and selling Frequency
- Cheap Dynamically Calculated Cease Loss and Take Revenue Ranges
- Much less Want To Be Optimized Then Different Robots
- Excessive Slippage Safety
- Excessive Unfold Safety
- Revenue Safety System
- Drawdown Safety System
- Randomization System
Foreign exchange Diamond EA is a uncommon mixture of pattern and countertrend methods, sensible money-management, dynamic buying and selling parameter configurations and speedy commerce execution. Foreign exchange Diamond EA is an entire buying and selling system for foreign money merchants who need pace, precision and dependable efficiency. Foreign exchange Diamond is designed to commerce with 3 confirmed algorithms:
1. Sign Technique: Foreign exchange Diamond ЕА makes use of its Pattern-Retrace Sign Technique to systematically execute worthwhile trades. The algorithm patiently applies well-vetted buying and selling parameters to revenue from the market pattern whereas safeguarding your Positive factors.
2. Countertrend Technique: Foreign exchange Diamond implements its Countertrend Technique to observe the marketplace for potential pattern reversals. As soon as a possibility is detected, Foreign exchange Diamond EA dynamically adjusts its buying and selling parameters to maximise the revenue potential of every commerce.
3. Scalping Technique: Foreign exchange Diamond’s Countertrend Scalping Technique leverages small unfold trades executed with precision and pace. Foreign exchange Diamond’s dynamic buying and selling system rapidly adjusts your buying and selling parameters to swimsuit even probably the most risky markets.
Official Suggestions
Timeframe: M15
Foreign money Pairs: GBPUSD, EURUSD, USDCHF, USDJPY
Quick Backtesting: M1 information + Open costs
Correct Backtesting: M15 information + Each tick (really useful for finest modeling high quality)
Really helpful settings: the default settings are finest for all supported pairs!
Totally appropriate with proprietary buying and selling corporations, funded accounts, FTMO, and comparable platforms. Foreign exchange Diamond EA comes with:
1. Drawdown Safety System: Helps handle danger dynamically by stopping extreme losses — excellent for assembly prop agency danger guidelines.
2. Commerce Randomization System: Provides slight random variations in execution to keep away from sample detection — ideally suited for prop agency compatibility and real-market simulation.
Why Select Foreign exchange Diamond EA?
Whether or not you are a retail dealer searching for regular progress or getting ready for a prop agency problem, Foreign exchange Diamond EA gives a battle-tested resolution with clever protections and adaptive conduct to swimsuit all environments.
Get Foreign exchange Diamond EA right this moment and expertise professional-grade algorithmic buying and selling with danger management and precision.
==== Basic Settings ====
- LongTrades – true/false to allow/disable the lengthy trades.
- ShortTrades – true/false to allow/disable the quick trades.
- AutoGMT_Offset – true/false – Change to false solely if you wish to use the ManualGMT_Offset in your reside buying and selling. On this case, please guarantee that you’ve got used the right ManualGMT_Offset in your dealer. Auto GMT works provided that our web site url is added in your terminal “Enable WebRequest for listed URL” configuration. To configure this: Go to MT4/MT5 Terminal → Instruments → Choices → Professional Advisors tab → “Enable WebRequests for listed URL” and add: https://www.forex-diamond.com
- ManualGMT_Offset – For this parameter you need to set the winter GMT offset of your dealer. This parameter is essential in case that you’ve got disabled the AutoGMT_Offset=false and if you backtest the Foreign exchange Diamond EA. In the event you set incorrect worth, then you could get sudden outcomes.
- DST_Usage – This parameter is likely one of the most essential parameters as a result of it tells to Foreign exchange Diamond EA how one can cope with the GMT offset. You may set 3 totally different values on this parameter. Truly, it’s a drop-down checklist and also you solely want to decide on the right worth in your dealer. Verify under:
– In case your dealer has one GMT offset year-round (your dealer by no means switches to summer season/winter time) you should choose DST_Usage=NONE.
– In case your dealer change to summer season/winter time primarily based on EU DST (summer season from final Sunday of March until final Sunday of October) then set it DST_Usage=EU_DST.
– In case your dealer change to summer season/winter time primarily based on US DST (summer season from second Sunday of March until first Sunday of November) then set it DST_Usage=US_DST.
- EA_Comment – enter feedback right here for those who’d wish to file feedback about your Foreign exchange Diamond trades.
- MaxSpread – most allowed unfold in commonplace 4 digit pips. You can even enter partial values.
- Slippage – most allowed slippage in commonplace 4 digit pips. You can even enter partial values.
- StealthMode (true/false) – on this mode, StopLoss and TakeProfit ranges in program logic are hidden (i.e. brokers can’t see them). In the event you use this mode, StopLoss and TakeProfit orders usually are not situated within the buying and selling server, which signifies that in case your buying and selling terminal isn’t related, or if the robotic isn’t working, your orders usually are not protected.
- NFA (true/false) – use “true” in case your dealer is NFA regulated. This mode will execute just one commerce at a time.
- No_Hedge (true/false) – use “true” for those who want to cancel all hedge trades.
- Max_Orders_Total – most permitted (complete for all three methods) variety of Foreign exchange Diamond open trades on the identical time.
– Foreign exchange Diamond can open a most of 9 trades at a time (as much as 3 trades for every system). Having 9 trades open on the identical time is kind of uncommon and a number of the trades shall be hedged; nevertheless, 3-6 trades at a time is regular, so you need to contemplate your buying and selling volumes fastidiously on this context.
– In the event you really feel nervous about having a number of trades open on the identical time, you may restrict Max_Orders_Total to three and even 1 – Foreign exchange Diamond will keep worthwhile, however the revenue issue, and naturally the overall revenue, shall be diminished. Nevertheless, it might be extra cheap to maintain the Max_Orders_Total to 9 and easily halve or quarter your regular buying and selling quantity – this may preserve the revenue issue and the effectivity of Foreign exchange Diamond. Within the desk under you may simply see the connection between Max_Orders_Total, the overall revenue and revenue components.
==== Sign 1(2,3) Settings ====
- Signal_1(2,3) – (true/false) – prompts or deactivates the indicators of methods 1,2 or 3.
- Magic_1(2,3) – a singular identifier via which Foreign exchange Diamond recognises and manages its personal positions. In the event you use different knowledgeable advisors on the identical account, please be certain that every of them has a definite, distinctive identifier. Please notice that Magic is totally different for all three Foreign exchange Diamond methods!
- RecoveryMode_1(2,3) (true/false) – when RecoveryMode is activated, an algorithm successfully compensates the present drawdown by easily rising buying and selling volumes. This mode is energetic solely when AutoMM_1(2,3) is bigger than zero. Earlier than activating RecoveryMode, please keep in mind that it might probably improve the chance to your account. Because of this, RecoveryMode ought to solely be used at low values of the AutoMM_1(2,3) parameter. We suggest RecoveryMode with AutoMM_1(2,3) values under 1.
- FixedLots_1(2,3) – the extent of the mounted buying and selling quantity of methods 1,2 and three. In the event you use AutoMM>0, the worth of the FixedLots_1(2,3) parameter will make no distinction.
- AutoMM_1(2,3) – computerized danger administration prompts at values better than zero:
– Instance 1: at AutoMM = 0.5, Foreign exchange Diamond opens positions equal to 0.05 heaps (5,000) given account extent of 10,000. This locations 0.5 per cent of the account extent in danger per particular person transaction at a lack of 100 pips.
– Instance 2: at AutoMM = 2, Foreign exchange Diamond opens positions equal to 0.2 lot (20,000) given account extent of 10,000. This locations 2 per cent of the account extent in danger per particular person transaction at a lack of 100 pips.
In the event you use Foreign exchange Diamond on multiple foreign money pair, you need to severely contemplate lowering the chance ranges for every foreign money pair in proportion to the variety of pairs you’re buying and selling.
- AutoMM_Max_1(2,3) – the utmost permitted danger expressed as a proportion of the account per particular person transaction, calculated on the premise of a 100 pip loss. When RecoveryMode is used, this parameter limits the higher worth of the chance.
- Max_Orders_1(2,3) – most permitted variety of open trades on the identical time for every system 1,2 or 3.
- Trade_Interval_1(2,3) – minimal time interval (in minutes) between the trades of the separate Foreign exchange Diamond methods.
==== Professional Settings ====
- ExecuteOnEveryTick (true/false) – Foreign exchange Diamond is designed to calculate and execute all indicators on a base of one-minute-bar open worth. Nevertheless, there may be an choice for superior merchants who may have a sign calculation and execution on each tick. This characteristic opens a area for real-tick experiments with the ExtraPipsSignal_1(2,3) parameters.
- CloseOnlyOnProfit – (true/false). Set it TRUE if you want Foreign exchange Diamond EA to shut the trades all the time on revenue or when the worth hits full cease loss stage.
- TakeProfit – mounted Take Revenue worth in commonplace 4 digit pips. Most Foreign exchange Diamond trades are closed by buying and selling logic, so the mounted Take Revenue is there to offer further choices for specialists.
- Min_StopLoss – minimal StopLoss in commonplace 4 digit pips.
- Max_StopLoss – most StopLoss in commonplace 4 digit pips.
-The precise Cease Loss is dynamically calculated on the premise of present market volatility, so the aim of the Min_StopLoss and the Max_StopLoss values is to restrict the precise dynamically calculated Cease Loss. These parameters additionally present an choice for superior merchants to make use of their very own mounted Cease Loss if qual values of Min_StopLoss and Max_StopLoss are chosen.
- ReverseProfit – is essential for the efficiency parameter, and means a minimal pips revenue through which the place shall be closed if the worth signifies a reversal. The default ReverseProfit worth is zero, which signifies that Foreign exchange Diamond will use a price broadcasted by our server. In the event you enter a price better than zero this may overwrite the automated worth. Cheap ReverseProfit values are values between 5 and 15 pips.
- ExtraPipsSignal_1(2,3) – a threshold worth (in commonplace pips) that controls the place opening of the Foreign exchange Diamond system 1(2,3). If for instance you selected a optimistic worth of two pips, the place opening logic will wait for two pips market motion towards the preliminary sign earlier than opening a place. This may improve the typical revenue of the system, however also can lead to you lacking some good trades. In the event you preserve the default zero worth, Foreign exchange Diamond will use particular values for ExtraPipsSignal_1(2,3) for each foreign money pair.
- Use_Trend_Filter (true/false) – prompts/deactivates a pattern filter of all three indicators.
– The pattern filter can improve Foreign exchange Diamond’s Revenue Issue and Anticipated Payoff, however this can be on the expense of complete revenue and buying and selling frequency.
- Trend_Period – the interval of the pattern indicator.
- Trend_Strenght – the minimal distance (in pips) between the worth and the pattern indicator, under which trades won’t be taken.
The desk under accommodates details about how the Pattern Filter choice and the Trend_Strength parameter have an effect on a number of essential efficiency parameters. These embody: complete revenue, buying and selling frequency, revenue issue, anticipated payoff and drawdown.
==== Monday-Friday Settings ====
- MondayStartHour – Foreign exchange Diamond will open positions after this hour on Mondays.
- FridayExit (true/false) – for those who want to restrict Foreign exchange Diamond buying and selling on Friday, use FridayExit=true.
- LastTradeHour – Foreign exchange Diamond can commerce till the tip of this hour on Friday.
- ExitHour – Foreign exchange Diamond will shut all open positions at the moment on Friday if FridayExit is used.
==== Information Filter Settings ====
- Avoid_News (true/false) – for those who want to use the information filter perform, you need to set Avoid_News=true
- Include_Medium_News (true/false) – for those who want to keep away from the medium affect information too, you need to set Include_Medium_News=true.
- Wait_Before_News – the variety of minutes earlier than the information occasion, throughout which buying and selling shall be switched off.
- Wait_After_News – the variety of minutes after the information occasion, throughout which buying and selling shall be switched off
==== Safety Settings ====
- Max open heaps – The whole allowed lot dimension for all open trades.
- Most each day loss (foreign money) – Set a most restrict on the quantity you may lose in a single day to guard your capital.
- Most each day drawdown % – Outline the utmost proportion of your steadiness that may be misplaced in in the future.
- Day by day reset hour (terminal) – Day by day reset hour. That is often 00:00 but when your dealer has totally different reset hour then you may set any hour. Bear in mind that for those who change the hour instantly on the management panel will probably be efficient after the brand new hour is reached!
- Minimal Fairness (foreign money) – Set up a minimal fairness stage that, when reached, triggers protecting measures.
- Most Fairness drawdown % – Restrict the utmost proportion drawdown of your complete fairness to stop important losses.
- Most Fairness (foreign money) – Set an higher restrict in your fairness to assist handle beneficial properties and defend from risky shifts.
The default values (zero) imply that the respective safety isn’t energetic.
Some merchants want such protections in “Prop Agency” challenges.
We’ll chorus from recommending particular values. It’s the duty of the merchants to set these parameters appropriately primarily based on their dealer restrictions.
We’re obliged to tell you, that utilizing such protections may lower the general revenue in long-term.
Every dealer should resolve for himself whether or not to make use of these protections and at what values.
==== Randomization Settings ====
The Randomization System allows variability within the EA’s execution logic by randomly adjusting the worth ranges and timing of commerce entries and exits. This helps your trades seem much less uniform and extra individualized—even when utilizing comparable settings as different merchants.
That is particularly essential for merchants working with proprietary corporations, the place duplicated methods might result in disqualification or restrictions.
>>> Exit Randomization Settings
- RandomizeExit (true/false) – Allow or disable exit randomization logic.
- StopLossRange (Default: 5 pips) – Randomly modifies the StopLoss stage inside a ±5 pips vary.
- TakeProfitRange (Default: 5 pips) – Randomly modifies the TakeProfit stage inside a ±5 pips vary.
>>> Entry Randomization Settings
- RandomizeEntry (true/false) – Allow or disable entry randomization for commerce opening time and worth.
- OpenTimeMaxDelay (Default: 60 seconds) – Random delay (as much as 60 seconds) for executing a commerce.
- OpenPriceMinDeviation (Default: 5 pips) – Minimal deviation from the unique entry worth.
- OpenPriceMaxDeviation (Default: 10 pips) – Most deviation from the unique entry worth.
Necessary Notes Concerning the Randomization Characteristic
1. Entry Randomization Works Solely in Reside Buying and selling
As a result of platform limitations (MQL4/MQL5), entry randomization doesn’t perform in backtesting. Nevertheless, we’ve rigorously verified its efficiency in reside market circumstances.
2. Exit Randomization Can Be Backtested
You may confirm its effectiveness by working a number of backtests and observing totally different outcomes, confirming the randomness in motion.
3. Parameter Suggestions
Utilizing smaller deviation ranges (e.g., 1–5 pips) might provide greater accuracy, however pay attention to potential missed trades.
Bigger deviation ranges (e.g., 5–50 pips) provide better randomness however might result in much less favorable commerce execution.
Regulate settings fastidiously primarily based in your buying and selling technique and objectives.
Suggestions for Attaining Really Distinctive Buying and selling Conduct
To additional individualize your buying and selling and keep away from detection by prop agency monitoring methods, we suggest:
1. Customizing the EA_Comment: Substitute the default EA identify with a private tag or customized phrase.
2. Utilizing Distinctive Magic Numbers: Helps differentiate trades from different accounts utilizing the identical EA.
3. Operating a Secondary EA: Introducing one other EA on the identical account can additional diversify your commerce footprint.
