Discover Diamond PRO EA MT4 at a glance:
Diamond PRO EA MT4 is an Expert Advisor designed to automate trading on the MetaTrader 4 (MT4) platform. It employs advanced trading algorithms to analyze real-time market conditions, combined with precise entry point filters to minimize inefficient trades. This has been proven by a high win rate in backtests, with a success rate of around 88%. Additionally, Diamond PRO EA offers an extensive list of parameters, allowing you to customize the trading strategy to suit your style and risk tolerance.
Core features and benefits of Diamond PRO EA
Trading strategy and operation:
Diamond PRO EA uses a multi-dimensional analysis algorithm that evaluates factors such as trends, volatility, and trading volume to identify potential entry points. Specifically, this algorithm focuses on detecting candlestick patterns like Hammer and Doji, as well as strong technical indicators like RSI and MACD to confirm entry points, thereby enhancing trading accuracy. The automated risk management system, including AutoLot or fixed lot options, helps optimize profits while minimizing potential risks
Key features:
- Precise entry point filter: Reduces the number of losing trades by selecting only those entry points with a high probability of success, as verified through testing and real-world experience.
- Multi-stage closure algorithm: Allows for profit-taking in stages, reducing the risk of being affected by sudden market fluctuations.
- Flexible economic news filter: Analyzes and filters important economic news, helping to avoid trading during times of high market volatility, ensuring account safety.
- High spread protection: Ensures that trades are only executed under favorable market conditions, protecting the account from unwanted risks.
Key benefits:
- High trading performance: With an optimized algorithm, Diamond PRO EA has demonstrated its ability to secure profits safely and effectively in both backtests and live trading.
- Optimal risk management: The intelligent capital management system, including AutoLot and fixed lot options, helps protect the account from unwanted fluctuations, especially in adverse market conditions.
Recommended usage of Diamond PRO EA:
- Trading platform: MT4
- Timeframe: H1
- Currency pairs: EURUSD, GBPUSD, USDJPY
- Minimum deposit: $200
- Broker: Requires an ECN account for optimal performance
Overall assessment of Diamond PRO EA:
Diamond PRO EA is a highly regarded automated trading tool among both new and experienced traders, thanks to its high customizability and advanced risk management features. Backtest results indicate stable profitability, although some users have experienced significant drawdowns when using the martingale strategy. This suggests that careful consideration is needed when applying high-risk settings. Nevertheless, with dedicated technical support from the development team, Diamond PRO EA remains a reliable choice for those seeking an effective automated trading solution.
![Diamond PRO EA MT4 backtest](https://mqlshop.com/wp-content/uploads/2024/01/diamond-pro-EA-MT4-2.png)
![Diamond PRO EA MT4 backtest](https://mqlshop.com/wp-content/uploads/2024/07/diamond-pro-ea-mt4-backtest.png)
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Diamond PRO EA MT4 Download Contents:
- Link download expert: Diamond PRO EA MT4 .ex4
- Presets
Download link, Installation guide (if any) will be sent immediately via email after your purchase, or you can directly download it from the website, under the section: My account -> Download.
Payment:
- Payment Options: PayPal, credit card, USDT TRC20, Binance Pay
Risk Warning:
- Forex trading is highly risky and can lead to the total loss of your investment; use Forex EAs cautiously and they cannot replace your trading decisions.
- Past performance is not a guarantee of future profits.
- Always test EAs on a demo account before applying them to a live account.
Reviews
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