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AVE Profitability of Blue Diamond is around +26% per month with a reliably low DD%. However, if no withdrawal is made from the account, annual profitability can enormously increase to +4000%. (watch video provided below as the full performance of 2020 with Balance of 1000 USD and Initial Volume Lot Size 0.01)
There is nothing to be worried about news releases. The EA is genius enough to overcome any market fluctuation with a quite simple setting (set and forget).
The EA has been tested on the whole available historical data on EURUSD M5 with exceptional results by taking into account the real tick date and 99.90% accuracy, actual spread, consideration of commission and additional slippage.
Blue Diamond EA functions based on the counter trend (reversal trading) plus martingale. In addition, it utilizes robust oscillators such as WPR, Stochastic and RSI which fully controls the risk management.
- Timeframe: M5 ONLY
- Asset: EURUSD ONLY
- Not broker sensitive! but ECN accounts provides much better results
- A low latency VPS is strongly recommended
- The recommended Leverage is <=1:500
If you purchase 1 Expert Advisor, you can write a feedback at market and get a Second EA for Free! For More information, contact us.
Blue Diamond Settings
the setting is incredibly easy! Most of set-ups has been incorporated in the body of EA so that the user will NOT be confused with various set-ups and tests. Below are the parameters:
- Initial Deposit (Account Initial Balance): Amounts less than 1000 USD is NOT recommended
- Initial Lot Size: 0.01 (recommended per 1000 USD Balance)
- Take Profit for each trade series: 1.00 USD (recommended per 0.01 Lot)
- Maximum Acceptable Spread: the default setting is 10
- Magic Number: ID number of the orders
Blue Diamond Parameters
- Lots: If above recommendations are followed, the EA starts trading with 0.01 Lot per 1000 Balance. Therefore, if the deposit is 4000 USD, the trades will be kicked-off with 0.04 Lot. As EA is based on Martingale, it will add the size of initial position to the next ones if consecutive positions get open.
- Account Engagement: As amount of account balance increases, the EA increases the Lot size of positions automatically.
- Risk management: The EA is set based on the rule not the exceed 50% DD.
- Swap: Since the EA is designed for intraday trading, no swap will be allocated to trades.
- Trailing stop: a dynamic trailing stop is also embedded to the EA which is equal to 10% of position profit.
- The amount of take profit for each position (or series of martingale positions) are recommended to be set on 1.00 USD per 0.01 Lot. Therefore, a 4000 Balanced account with initial Vol Lot size of 0.04, will gain 4.00 USD for each position (or series of martingale positions) before position closure. This profit is net, meaning that broker commission and spread is already deducted.
Trading Hours, Trading Days
- Blue Diamond has no sensitivity to market news. It fully senses the momentum and volatility, and acts upon. Therefore, it can operate all over market hours/ days.
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