Black Diamond Special Forex EA is an automated trading robot designed to analyze the forex market and execute trades automatically. This EA aims to help traders grow their accounts by leveraging market analysis algorithms.
Key Features
- Auto Profit Lock & Stop Loss System: Ensures each trade is protected with stop loss and profit lock mechanisms.
- Flexible Trading Options: Allows trading with fixed lots, martingale systems, and auto lot increase systems based on user preferences.
- Handles High Impact News: Designed to operate unaffected by high-impact news events.
- Auto Time Function: Adjusts trading operations based on time settings.
Performance
- Monthly Profit Potential: Expected to generate a monthly profit of 15-20%.
- Trade Frequency: Capable of executing over 10 trades per day, based on market conditions.
- Spread Management: Can handle maximum spreads up to 20.
Recommendations
- Starting Balance: A minimum starting balance of $100 is recommended.
- Optimal Timeframes: Best results on M5 timeframes.
- Currency Pairs: Performs well with EURUSD, GBPUSD, and AUDUSD but can work with any currency pair.
- Continuous Operation: For optimal performance, it is recommended to run the EA on a VPS to ensure uninterrupted operation.
Usage Note
It is advised to first test the EA on a demo account for at least a week to understand its operations and adjust settings accordingly before deploying it on a live account.Technical Requirements
- VPS Usage: Ensures the EA runs continuously without interruption.
- Low Spread ECN Account: Recommended for achieving the best trading results.