Diamon is an advanced automated advisor with a highly effective trading strategy that contains an adaptive algorithm and combines the best technologies of such advisors as EA Sapphire, EA Maestro and EA Prime from the same developer. Along with analyzing price chart data, the EA takes into account upcoming news, current spreads, time and day of the week. Diamon has a performance equivalent to multiplying the performance of all the systems included in it. The EA has pre-installed set files, can trade with automatic and fixed lots.

Attention !!! Please read carefully the rules for installing the advisor, and install it correctly. Before publishing, we check everything and publish only those advisors that work on our accounts !!! At least at the time of this article’s publication.Also, please note that the name of the adviser has been changed, you can find the original name of the adviser in our telegram channel https://t.me/FX_VIP/2055

Developer price199 USD FREE for you
TerminalMT4
Currency pairEURUSD, GBPUSD, USDJPY
TimeframeH1
Money managementAt least 200 currency units
Recommended brokersRoboForex, IC MarketsALPARI
For advisor recommended to use VPS 24/5Zomro (most affordable Windows server only $ 2.75 per month)

Backtesting:

Backtesting was carried out on the EURUSD and USDJPY currency pairs with the settings recommended by the set files included with the advisors

EURUSD

USDJPY

Settings:

 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;

Conclusion:

When tested on the past history, the adviser looks very attractive and interesting, but something tells me that there will not be such excellent results on a real account, but I really hope that I am mistaken, everything needs to be checked, besides, this does not require large deposits and perhaps the robot will bring profit.
I have doubts about its profitability because this adviser requires very strict conditions for trading from a broker, for example, a broker with a very small spread and fast execution of orders is needed, since the adviser makes quick transactions biting off a miserable profit, in addition to all this, a strategy for which he trades not entirely safe, if the price goes in the opposite direction, the adviser starts to average out and if everything goes really bad, then at one moment he can drain the entire deposit.
Most likely, a non-cent account is not suitable for checking real results, since such accounts generally have an increased spread, and most likely if you want to put an adviser on a demo account and then put it on real, the results will differ due to delays and a number of other factors inherent in real accounts compared to the demo. But nevertheless, the adviser does not need a large deposit, and if $ 200 is not such a lot of money for you and you can afford to lose it in the worst scenario, then you can try this adviser on a real account, perhaps it is really capable of making a profit and you will be satisfied with it, but in any case, if you still decide to check it on a real account, I recommend that you withdraw profits as often as possible, it is better to withdraw every week!
Happy trading everyone!

IT IS IMPORTANT!!! THIS ADVISOR WORKS AND HAS BEEN TESTED WITH BUILDING 1408

Reminder: As with every trading system, always remember that forex trading can be risky.  Don’t trade with money that you can not afford to lose.  It is always best to test EA’s first on demo accounts, or live accounts running low lotsize.  You can always increase risk later!

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DOWNLOAD EA Diamon v3

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