EA Diamond review

EA Diamond is an advanced automated expert advisor with high perfomance trading strategy. This is professional trading tool with enhanced trading performance, which contains an adaptive algorithm and combines the best technologies of EA Sapphire, EA Maestro and EA Prime. The implemented solutions allowed to significantly improve the trading efficiency and  performance of the system. Every suitable moment of the market the expert uses to his advantage. Along with the price chart data analysis, the EA takes into account comming news, current spreads, time and day of week. Even at this stage, powered by few top experts the Diamond has performance, equivalent to multiplication of the performances of all systems included in it. The Ea has predefinied set files, can trade with automated and fixed lots. You can use recommended setting or have your own preference.

Settings

Options:

 Lot settings 

  • FixedLot – fixed lot; 
  • AutoLot – use automated lot;
  • MaxLot – maximum lot;
  • MinLot – minimum lot;

System  

  • SetLong – allow long trades;  
  • SetShort – allow short trades; 
  • TakeProfit – main take profit, pips;
  • TradingRisk – trading risk, %;
  • RNDLevel – round level deviation, pips;         
  • TSLRatio – system lot ratio;
  • MaxSpread – maximum allowable spread, pips;

News filter

  • UseNewsFilter – use news filter;  
  • NewsCalendar – news calendar URL;         
  • DetectLowNews – detect news of low importance;
  • PauseBeforeLow – pause before release news of low importance;  
  • PauseAfterLow – pause after release news of low importance;   
  • LowNewsColor – line color of news of low importance;
  • DetectMiddleNews – detect news of middle importance;
  • PauseBeforeMiddle – pause before news of middle importance; 
  • PauseAfterMiddle – pause after news of middle importance; 
  • MiddleNewsColor – line color of news of middle importance;
  • DetectHighNews – detect news with high importance;
  • PauseBeforeHigh – pause before news of high importance; 
  • PauseAfterHigh – pause after news of high importance; 
  • HighNewsColor – line color of news of high importance;
  • DetectNFP – detect Non-Farm Payroll news;
  • PauseBeforeNFP – pause before NFP news; 
  • PauseAfterNFP – pause after NFP news; 
  • NFPNewsColor – line color of NFP news;
  • ServerGMT – broker server GMT value;  

Time filter 

  • MondayStartHour – trading start time on Monday, hour;   
  • MondayStartMinute – trading start time on Monday, min; 
  • StartHour – main trading start time, hour;    
  • StartMinute – main trading start time, min; 
  • StopHour – main trading stop time, hour;        
  • StopMinute – main trading stop time, min; 
  • FridayStopHour – trading stop time on Friday, hour;    
  • FridayStopMinute – trading stop time on Friday, min; 

Days filter

  • TradeMonday – allow trading on Monday;     
  • TradeTuesday – allow trading on Tuesday;     
  • TradeWednesday – allow trading on Wednesday;   
  • TradeThursday – allow trading on Thursday;   
  • TradeFriday – allow trading on Friday;     

Other  

  • MaxOrderCount – max trades in series;
  • MaxDDControl  – DD control module;
  • ShowInfoPanel – show information panel;             
  • TradeComment  -comment for orders; 
  • Magic – unique order number;

Expert Advisor backtest

EA Diamond reviews

Ea diamond robot reviews

Conclusion for this robot

EA Diamond is developed by a very skilled programmer. This expert advisor is not for new forex traders due to it’s extensive settings options. Make sure you understand all the filters before using it. Although kind of complicated we surely would recommend this robot due to its many many options of using it.  
EA Diamond
5/5

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Risk warning: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particularly trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk. Variables such as the ability to adhere to a particular trading program in spite of trading losses as well as maintaining adequate liquidity are material points which can adversely affect actual real trading results. Currency trading involves high risk and you can lose a lot of money.

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