Thursday, December 26, 2024

EA Diamond Heracles MT5 – Analytics & Forecasts – 9 February 2024

Hello everybody,

I wish to introduce the Diamond Heracles MT5 product. It is among the highest-profit EAs in my retailer in 2023 and continues to carry out effectively in 2024.

1/ Actual indicators and outcome 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 mixture of indicators: Adx, Rsi, and a Value Motion technique.

Beneath is a screenshot from the chart:

The EA makes use of Adx and Rsi indicators to create red-colored bins on the display. These bins signify durations when the market is ranging or transferring sideways. Subsequently, the EA employs value motion to establish which bins meet the situations for getting into a commerce and which of them don’t.

Due to this fact, you might discover that the EA skips many unattractive bins and solely executes trades with bins exhibiting favorable value 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
  • At all times follows the market development, 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 particular determine can’t be calculated; you need to verify the indicators to estimate it for your self.

3- Can the EA be used for different forex pairs?

=> It has solely been examined on GBPUSD; making an attempt it on different pairs requires your personal testing.

4- Can the EA be used for prop corporations?

=> The EA wasn’t designed for prop corporations; verify your agency’s guidelines for suitability.

5- Does the EA have its personal set file?

=> The EA has default settings based mostly on actual indicators; you solely want to regulate the specified danger.

6- Can the EA be used with brokers apart from IC Markets?

=> It hasn’t been examined with different brokers; back-test or contact for testing. IC Markets is presently really useful.

7- Updating…

For testing the product or any inquiries, please contact me.

Thanks.

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