Hello everybody,
I wish to introduce the Diamond Heracles MT5 product. It is without doubt one of the highest-profit EAs in my retailer in 2023 and continues to carry out properly in 2024.
1/ Actual indicators and end result evaluation
The EA has undergone ahead testing from September 1, 2023, till now.
- Time: 23 weeks (6 months)
- Trades: 45
- Revenue Trades: 44 (97.77%)
- Loss Trades: 1 (2.22%)
- Restoration Issue: 10.59
- Revenue: 71%
2/ Rationalization of how the EA operates
The EA is particularly designed for the GBPUSD pair and the ICMarkets dealer.
It makes use of a mix of indicators: Adx, Rsi, and a Value Motion technique.
Under is a screenshot from the chart:
The EA makes use of Adx and Rsi indicators to create red-colored packing containers on the display. These packing containers characterize durations when the market is ranging or shifting sideways. Subsequently, the EA employs worth motion to establish which packing containers meet the situations for getting into a commerce and which of them don’t.
Due to this fact, you could discover that the EA skips many unattractive packing containers and solely executes trades with packing containers displaying favorable worth motion.
3/ Benefits of the EA
- Doesn’t make use of dangerous account methods like Martingale or Grid
- Every commerce has clear SL and TP
- Makes use of trailing cease to safe earnings
- All the time follows the market pattern, avoiding counter-trend trades
- Can use with small account from $200-300
4/ Q&A
1- What number of trades does the EA open per week?
=> The EA opens only a few trades in a month, averaging 4-8 trades. The main target is on profitability, not excessive commerce frequency.
2- What’s the month-to-month revenue?
=> A selected determine can’t be calculated; you need to test the indicators to estimate it for your self.
3- Can the EA be used for different foreign money pairs?
=> It has solely been examined on GBPUSD; attempting it on different pairs requires your individual testing.
4- Can the EA be used for prop corporations?
=> The EA wasn’t designed for prop corporations; test your agency’s guidelines for suitability.
5- Does the EA have its personal set file?
=> The EA has default settings primarily based on actual indicators; you solely want to regulate the specified danger.
6- Can the EA be used with brokers aside from IC Markets?
=> It hasn’t been examined with different brokers; back-test or contact for testing. IC Markets is at the moment really helpful.
7- Updating…
For testing the product or any inquiries, please contact me.
Thanks.
