Diamond PRO MT4 v14.0 (Official version 1455+)

What is Diamond PRO MT4?

Diamond PRO MT4 is a professional-grade automated trading system designed for experienced traders who require precision, flexibility, and advanced control. The EA features optimized trading algorithms, accurate entry filtering, multi-stage profit management, and comprehensive risk controls, allowing users to fine-tune every aspect of the trading process according to their strategies and market conditions.

Vendor website

About the Developer

• Author:  Fanur Galamov
• Experience: Over +7 years of experience on MQL5.
• Notable Products: Diamond PRO MT4, Diamond PRO MT5, EA Gold NRJ EA, EA Sapphire MT4 and other advisors.
• Flagship Product: Diamond PRO MT4 is rated as the best performing product of the year.

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Diamond Pro MT4 Overviews

Core Features of Diamond PRO MT4

• Advanced Trading Algorithm: Uses sophisticated logic to optimize trade execution and overall performance.
• Accurate Entry Point Filter: Identifies precise market entry levels to improve trade success probability.
• Multi-Stage Profit Taking: Manages profits through multiple closing stages for flexible exit control.
• Fully Automated Trading Mode: Executes trades automatically without manual intervention.
• Professional Money Management: Applies structured capital management to protect account equity.
• Economic News Analysis: Screens and reacts to upcoming economic events to reduce risk exposure.
• High Spread Protection: Prevents trade execution during unfavorable high-spread conditions.

Additional Features of Diamond PRO EA

• Extended Parameter Set: Offers a wide range of external inputs for advanced fine-tuning.
• Customizable Strategy Control: Allows traders to adapt algorithms to personal trading preferences.
• Arbitrage Protection Logic: Includes safeguards against unfavorable arbitrage-related market conditions.
• Complex Position Management: Handles open trades using advanced management and exit rules.
• Performance Optimization Focus: Designed to maximize profitability while minimizing trading risks.
• Flexible News Filter Settings: Enables adaptive response to different types of economic events.
• Professional-Level Configuration: Built for traders who require deep control over strategy behavior.

Why Choose Diamond PRO MT4?

• Designed for Experienced Traders: Tailored specifically for users with advanced trading knowledge.
• Precision-Oriented Execution: Focuses on accurate entries and structured profit exits.
• High Strategy Flexibility: Allows extensive customization without modifying core logic.
• Risk-Aware System Design: Integrates multiple protection layers against market anomalies.
• Professional Trading Standards: Aligns with disciplined trading and institutional-style execution.
• Performance-Driven Architecture: Continuously balances profit potential with controlled risk.
• Advanced Market Adaptability: Adjusts efficiently to changing market conditions and volatility.

Diamond PRO MT4 Performance Review

🔺 EURUSD – 4 year

• Initial Deposit: $1,000
• Final Net Profit: $923,111.88
• Win Rate: 88.84%
• Maximal Drawdown: 15.50%

Diamond Pro MT4 Backtest Trading Results

🔺GBPUSD – 4 year

• Initial Deposit: $1,000
• Final Net Profit: $295.366,90
• Win Rate: 92,79%
• Maximal Drawdown: 11.79%

Diamond Pro MT4 Backtest Results

What’s Included in the Download Package?

• Experts:
  • Diamond PRO EA v14.0_fix.ex4
• SetFiles:
  • JPY_H1_R1.5.set
  • JPY_H1_R1.25.set
  • JPY_H1_R1.set
  • GBP_H1_R1.5.set
  • GBP_H1_R1.25.set
  • GBP_H1_R1.set
  • EUR_H1_R1.5.set
  • EUR_H1_R1.set
  • EUR_H1_R1.25.set

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How To Set Up EA

🔻Diamond PRO EA MT4 is a powerful automated trading system designed for professional forex traders. The EA integrates advanced money management, news filter, time filter, multi-lot strategy, and risk control to deliver consistent trading performance. This guide explains how to install and configure Diamond PRO EA correctly.

Diamond PRO EA setting

🟢Installation instructions

Step 1: Open MT4 Data Folder

1. Launch MetaTrader 4
2. Click File → Open Data Folder

Step 2: Copy the EA File

1. Go to:
   MQL4 → Experts
2. Paste the Diamond PRO EA MT4 (.ex4 or .mq4) file into the folder

Step 3: Restart MT4

• Close and reopen MetaTrader 4
• You will find Diamond PRO EA in Navigator → Expert Advisors

🟢Enable Auto Trading

1. Go to Tools → Options → Expert Advisors
2. Enable:
   • ✔ Allow Automated Trading
   • ✔ Allow DLL Imports
3. Click OK
4. Turn ON the AutoTrading button (green)

🟢Attach Diamond PRO EA to Chart

1. Open a currency pair chart (recommended: EURUSD)
2. Use recommended timeframe (M5 / M15)
3. Drag Diamond PRO EA MT4 onto the chart
4. Click OK

➡️If you see a smiley face 😊, the EA is running correctly.

🟢Recommended Input Settings Overview

🔺Lot & Money Management

• FixedLot: 0.01
• AutoLot: true
• MaxLot: 100
• MinLot: 0.01

➡️AutoLot adjusts position size automatically based on risk.

🔺Trade Direction & Risk

• SetLong: true
• SetShort: true
• TradingRisk: 1.25
• TakeProfit: 10
• BreakEven: 0.9

➡️These settings allow both buy and sell trades with balanced risk.

🔺Stop Loss & Trailing

• BasicSL: 0
• TSLevelSL: true
• MainTrailSL: 1.2
• TSRatio: 1.75

➡️Dynamic trailing stop protects profits during strong trends.

🔺Multi-Lot Strategy

• RTMLot1 – RTMLot10: 1.27

➡️This feature allows scaling positions intelligently.

🔺Distance & Grid Control

• RTDist1: 15
• RTDist2 – RTDist10: 55

➡️Helps manage order spacing and market volatility.

🔺Spread Filter

• MaxSpread: 1.5
• SpreadDelay: 7

➡️Prevents trading during high spread conditions.

🟢News Filter Settings (High Importance)

• NewsCurrency: EUR, USD
• DetectLowNews: true
• DetectMiddleNews: true
• DetectHighNews: true
• DetectNFP: true

🔺News Pause Time (minutes)

• Low News: 5 before / 7 after
• Medium News: 10 before / 10 after
• High News: 25 before / 25 after
• NFP: 45 before / 45 after

➡️This protects the account from extreme volatility.

🟢Time Filter Settings

• MondayStartHour: 6:15
• StartHour: 6:15
• StopHour: 21:45
• FridayStopHour: 11:45

🔺Trading Days

• Monday to Friday: true

➡️EA trades only during optimized market hours.

🟢Additional Control Settings

• MaxOrderCount: 10
• MaxDDControl: 0
• NSwapControl: true
• SingleSymbol: true
• ShowInfoPanel: true

🔺Trade Identification

• TradeComment: DIAMOND PRO v.14 EUR
• Magic Number: 77777

➡️Do not change the Magic Number unless running multiple EAs.

🟢Best Practices for Best Results

✔ Use a VPS for 24/7 trading
✔ Trade on low-spread pairs
✔ Avoid manual trading on the same account
✔ Do not modify settings during active trades
✔ Test on demo before live deployment

Conclusion

In summary, Diamond PRO MT4 is a robust and highly customizable automated trading system built for experienced traders who demand precision, control, and professional-grade execution. With its advanced trading algorithm, accurate entry filters, multi-stage profit management, and comprehensive risk protection layers, this EA is designed to perform consistently in dynamic forex market conditions. The ability to fine-tune a wide range of parameters, combined with integrated news filters, spread protection, and structured money management, makes Diamond PRO MT4 a strong choice for traders seeking institutional-style discipline and flexibility. Supported by impressive long-term backtest results across major currency pairs, Diamond PRO MT4 stands out as a performance-driven solution for traders who prioritize strategy adaptability, risk awareness, and sustainable profitability.

>>> Reviewed by Jason Stap <<<