Black Diamond Special EA - most accuracy and profitable robot
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: 6.0 (5.5 and older 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, FTMO
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.
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.
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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:
- 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.
In the archive Black_Diamond_Special_EA.rar (786.0 kb):
- BlackDiamondEA V4.00.ex4
- BlackDiamondEA V5.5_fix.ex4
- User Guide.pdf
Free Download Black Diamond Special EA