The EA Diamond stands out as an advanced automated expert advisor, boasting a high-performance trading strategy. As a professional trading tool, it incorporates an adaptive algorithm that seamlessly integrates the best technologies from EA Sapphire, EA Maestro, and EA Prime. The implemented solutions have notably enhanced the trading efficiency and overall performance of the system.

Capitalizing on every opportune moment in the market, this expert advisor utilizes its advanced features. In addition to thorough price chart data analysis, the EA takes into consideration upcoming news, current spreads, as well as the time and day of the week. Even at this stage, with contributions from top experts, the Diamond demonstrates a performance equivalent to the combined capabilities of all systems within it.

The EA comes equipped with predefined set files and the flexibility to trade with automated and fixed lots. Users can opt for recommended settings or customize their preferences.

Installation Instructions:

1. Configure the news filter.
2. Attach the EA to the chart of the recommended trading pair.
3. Press the “Load” button and apply the appropriate .set file.
4. Set your broker’s GMT value to the ServerGmt parameter.
5. Enable live trading and activate the AutoTrading button on the top panel of the terminal.

To activate news filter:

1. Open terminal menu Tools>>Options>>Expert Advisors.
2. Allow “Web Requests” and add to the list news calendar link “https://sslecal2.forexprostools.com”
3.  At ServerGMT parameter set your broker GMT value.

Recommendations:

1. Optimize results with low spreads ECN accounts.
2. Consider a minimal deposit of $200.
3. Leverage options from 1:30 to 1:500.
4. Recommended pairs include eurusd, gbpusd, and usdjpy.
5. Optimal timeframe is H1.
6. Apply recommended settings for each pair.
7. Manage risks at 1 – 1.5% or according to personal preferences.
8. Implement and utilize the news filter, especially for high-impact news and NFP.
9. Ensure stable trading by running the EA on a Virtual Private Server (VPS).

Options:

Lot Settings:

• FixedLot: Fixed lot size.
• AutoLot: Use automated lot sizing.
• MaxLot: Maximum lot size.
• MinLot: Minimum lot size.

System:

• SetLong: Allow long trades.
• SetShort: Allow short trades.
• TakeProfit: Main take profit in pips.
• TradingRisk: Trading risk percentage.
• RNDLevel: Round level deviation in pips.
• TSLRatio: System lot ratio.
• MaxSpread: Maximum allowable spread in pips.

News Filter:

• UseNewsFilter: Utilize the news filter.
• NewsCalendar: News calendar URL.
• DetectLowNews: Detect low-importance news.
• PauseBeforeLow: Pause before the release of low-importance news.
• PauseAfterLow: Pause after the release of low-importance news.
• LowNewsColor: Line color for low-importance news.
• DetectMiddleNews: Detect middle-importance news.
• PauseBeforeMiddle: Pause before middle-importance news.
• PauseAfterMiddle: Pause after middle-importance news.
• MiddleNewsColor: Line color for middle-importance news.
• DetectHighNews: Detect high-importance news.
• PauseBeforeHigh: Pause before high-importance news.
• PauseAfterHigh: Pause after high-importance news.
• HighNewsColor: Line color for high-importance news.
• DetectNFP: Detect Non-Farm Payroll (NFP) news.
• PauseBeforeNFP: Pause before NFP news.
• PauseAfterNFP: Pause after NFP news.
• NFPNewsColor: Line color for NFP news.

Time Filter:

• MondayStartHour: Trading start time on Monday (hour).
• MondayStartMinute: Trading start time on Monday (minute).
• StartHour: Main trading start time (hour).
• StartMinute: Main trading start time (minute).
• StopHour: Main trading stop time (hour).
• StopMinute: Main trading stop time (minute).
• FridayStopHour: Trading stop time on Friday (hour).
• FridayStopMinute: Trading stop time on Friday (minute).

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: Maximum number of trades in a series.
• MaxDDControl: DD control module.
• ShowInfoPanel: Show information panel.
• TradeComment: Comment for orders.
• Magic: Unique order number.