FXProSystems
Back

Black Diamond Special EA - most accuracy and profitable robot

Published: 23.11.2020
Reading time: 27 minutes
15
7030

Black Diamond Special EA, like most of the paid forex robots, is created to make you and me extremely rich. The EA has an auto profit lock + Stop Loss system, automatic or fixed lot and the ability to enable the Martingale system (not recommended). You don't need a lot of capital to start trading - you can start with a hundred bucks. The EA has a lot of positive reviews online and looks good on backtests. It is strange that the developers did not take care of public monitoring of such a profitable robot. This is either not finalizing them, or everything is not so good with the EA trading in real time.

Сharacteristics of the Black Diamond Special EA

  • Platform: Metatrader4
  • EA version: 5.5 (and older 4.0 in the archive)
  • Currency pairs: Any, recommended EURUSD, AUDUSD, GBPUSD, USDJPY
  • Trading Time: Around the clock or at a certain time (set in the settings of the EA)
  • Timeframe: Any, recommended M5
  • Recommended broker: Roboforex, XM, Forex4you

Back Testing

The EA can be installed on any currency pair and timeframe, but it is still better to use Major pairs and M5 timeframes. Under these conditions, the robot shows the best results.

In the settings of the advisor, you can choose a fixed lot size or automatic, when the lot will increase in proportion to the growth of the account balance. Therefore, I performed testing on each pair with a fixed lot and with an automatic one.

AUDUSD M5 Fix Lot (2010-2020):black-diamond-ea-backtest-AUDUSD-fixed-lot

AUDUSD M5 Auto Lot (2010-2020):black-diamond-special-ea-backtest-AUDUSD-auto-lot

EURUSD M5 Fix Lot (2010-2020):black-diamond-special-ea-backtest-EURUSD-fixed-lot

EURUSD M5 Auto Lot (2010-2020):black-diamond-ea-backtest-EURUSD-auto-lot

GBPUSD M5 Fix Lot (2010-2020):black-diamond-special-ea-backtest-GBPUSD-fixed-lot

GBPUSD M5 Auto Lot (2010-2020):black-diamond-ea-backtest-GBPUSD-auto-lot

USDJPY M5 Fix Lot (2010-2020):black-diamond-backtest-USDJPY-fixed-lot

USDJPY M5 Auto Lot (2010-2020):black-diamond-ea-backtest-USDJPY-auto-lot

Please note that backtests are performed with a modeling quality of 99.0% thanks to a wonderful software called Tick Data Suite. Today this is the only possible and fastest way to achieve 99% quality of modeling in MT4.

Tick Data Suite - Powerful, Accurate, Easy to use!

A short video showing the results of one of the backtests:

As you can see from the backtests, the EA does not open trades often (there are only 4,100 trades on a 10-year backtest, or an average of 34 trades per month), so you shouldn't expect lightning profit from it. You need to be patient and use a VPS server.

Expert Advisor settings

The archive with the advisor contains an indicator (Special_Indicator), which is a regular moving average. This indicator is used to manage the positions of the EA in case of breakouts by the price of this MA (Break_Out settings).

I have already mentioned that the expert advisor has the following positive features, such as:

  • Auto Profit Lock & Stop Loss System
  • Auto Lot Increase System
  • Fixed Lot System
  • Martingale System (ON/OFF)
  • Trailing Stop
  • Auto Time Function

In the Expert Advisor, the control of these functions is organized through these settings:

black-diamond-special-ea-inputs

View all settings

  • Start Period/End Period – time set for EA run
  • if true ea trade long/ if true ea trade scalping – choice of trade type
  • Lot Tipes – Fixed or Percent (Auto) tipe
  • Accurate Trade Open – set the desired value
  • Percent Lot Value – lot size depending on the size of the account balance
  • Multiplication Value – lot increase size if Lot Types = Percent Type
  • Take Profit – set the desired value
  • Stop Loss – set the desired value
  • Using Traling Stop – true/false
  • Traling Stop – set the desired value
  • Traling_Start – set the desired value
  • Traling_Step – set the desired value
  • Previous Hight – set the desired value
  • Max Possition Open – maximum number of simultaneously open positions
  • Show Data in Monitor – displays an information dashboard on a chart
  • Magic Nomber – EA identification number. It is necessary for the EA to be able to distinguish its positions from the positions of other robots or opened manually.
  • Break_Out – true/false
  • close trade but tp not hit – true/false
  • Profit_Point01 – position closing level, if Take Profit not hit
  • PROFIT_PERCENT = 100 (can change) – EA will close all open position in profit % (Suppose Deposit $100 after trade EA make $200, then EA close all open position instantly)
  • LOSS_PERCENT = 100 (can change) – EA will close all open position in loss % (Suppose Deposit $100 after trade EA make $100, then EA close all open position instantly)
  • Notification by Email – true/false
  • Use Marlingle System – true/false
  • Mutiplayer – lot increase factor for the next trade
  • Max Level Of Martinle System – maximum number of trades using the Martingale method
  • High Impact News Trading – true/false

The EA comes with a preset. You can use it to customize the Black Diamond Special EA or set your own values.

And, despite the fact that the EA can trade profitably with a maximum spread of 20, I still strongly recommend using a ECN accounts with zero spread.

Get the X Trend Premium

In the archive Black_Diamond_Special_EA.rar (786.0 kb):

  • BlackDiamondEA V4.00.ex4
  • Diamond_4_M1.set
  • BlackDiamondEA V5.5_fix.ex4
  • Diamond_5.5_M5.set
  • Special_Indicator.ex4
  • User Guide.pdf
  • Diamant4-M1.pdf
  • Diamant4-M5-eurusd.pdf
  • EURUSD-GBPUSD-USDJPY-USDCHF-M1.pdf

Free Download Black Diamond Special EA

Author:
Daniel
Share
Related Post
Comments:
  • Qasim
    Published: 24.11.2020 Reply to the message

    It is not opening any trade.

    • Daniel
      Published: 24.11.2020 Reply to the message

      Maybe you just need to wait? This is not a grid that thoughtlessly opens deals

  • Claywalker
    Published: 29.11.2020 Reply to the message

    Hi Daniel,

    the backtestresults are really stunning on ECN account of Roboforex on the M1 timeframe.
    The EA does not seem to need a optimization.

    Thank you for your efforts, sharing such a jewel for free, especially with optimized setfiles / settings

    Regards
    KK =)

  • Vishal Hinduja
    Published: 14.12.2020 Reply to the message

    Did anyone verified these results on live account?

  • John
    Published: 15.12.2020 Reply to the message

    Not able to download this EA ... is there another link? Thanks

    • Daniel
      Published: 16.12.2020 Reply to the message

      There is another link here (Alternative Link) ➔ https://t.me/fxprosystems/140

  • TaMo
    Published: 23.12.2020 Reply to the message

    Hi. How's it going. May I have a question? Why the site information is different from the downloaded file and Telegram channel and Which of this information should we use?

    • Daniel
      Published: 23.12.2020 Reply to the message

      Only the site contains the most reliable information.

  • mohammad
    Published: 23.12.2020 Reply to the message

    Hello good time, thank you for your good channel, please the original file of expert black-
    Give the diamond. Thanks

    I downloaded this expert from your website but it does not work. Please upload the original file.

    I downloaded from here. I put it with a variety of settings for a long time, but it does not work.
    thank you

  • ajim
    Published: 24.12.2020 Reply to the message

    does it have an expiration date ?

  • A S
    Published: 04.01.2021 Reply to the message

    Dont work in live account!

  • Ege
    Published: 06.01.2021 Reply to the message

    does it work mt 5 ?

  • rizal
    Published: 23.03.2021 Reply to the message

    Hi Daniel thanks for sharing this EA, it works for me on live account. Traders have home work to setup the parameter prior to live trade.

    Do you have the V6?

  • Felipe
    Published: 31.03.2021 Reply to the message

    Hi Daniel,

    I just trying to download this EA but the download link just hangs :(

    Could you look on this please when you have time?

  • Taha Qadir
    Published: 17.04.2021 Reply to the message

    the ea is scamm,in backtest it will trade so nice,but not like in real account,in real account it give u alot of trades,and at the end of day u in lose,also i back test this days,in ea nearly the profit and some loss trades is the same,what is the difference is it look like in backtesting it will delete most of the lose trades ,that is why backtest is perfect
    u will see the the scamms goes so deep,that this f++ker if they use this thinking in good ways probably they can make good ea

Name
Please enter your last name and first name
E-mail
No spam, we promise
Message text
By submitting this form, you agree to the political confidentiality and rules of our site.