Diamond Pro MT5 V8.0 with Setfiles

Diamond Pro MT5 Introduction

Diamond Pro MT5 combines advanced AI-powered machine learning with proven technical indicators and strict risk management protocols, creating a sophisticated multi-strategy trading system for serious forex traders. The EA achieved exceptional results in 5-year backtests, delivering a profit factor of 3.11 on GBPUSD and generating over $900,000 in net profit on EURUSD from a $1,000 initial deposit. Developed by Fanur Galamov with over 7 years of MQL5 experience, this expert advisor specifically addresses the challenge of maintaining consistent profitability while protecting capital through controlled grid recovery and comprehensive risk controls.

About the Diamond Pro MT5’s Author

Fanur Galamov brings over 7 years of specialized experience developing expert advisors on the MQL5 platform. His focus on combining traditional technical analysis with modern AI-driven approaches reflects a deep understanding of both market dynamics and algorithmic trading requirements. Galamov’s development philosophy emphasizes capital protection and sustainable growth over aggressive profit maximization, evident in Diamond Pro MT5’s multi-layered risk management architecture.

Key Findings

• Multi-Strategy Confluence System: Combines RSI (period 14), Bollinger Bands (period 20), MACD, and Moving Averages with adaptive AI machine learning that requires confirmation from multiple sources before trade entry, ensuring higher-quality signals than single-indicator systems

• Controlled Grid Recovery Mechanism: Unlike dangerous martingale systems, uses a strictly limited 5-level grid with 50-point spacing and 1.5x multiplier, governed by hard maximum drawdown limits of 15% to prevent catastrophic losses

• Comprehensive Risk Management: Features percentage-based position sizing, configurable daily loss limits (5%), news filtering, and multi-timeframe confirmation to protect capital across various market conditions

• Exceptional Verified Performance: 99.90% modeling quality backtests show profit factors of 2.58-3.11 across major pairs, with EURUSD generating $923,111 profit over 5 years, though maximum drawdowns reached 11.79-19.13% requiring adequate capitalization

• Prop Firm Compatibility: Built-in daily loss limits, drawdown controls, and news filtering make it suitable for funded account challenges, though traders must understand the grid recovery system carries inherent trending market risks

Diamond Pro MT5 Recommended Setup

• Trading Platform: MetaTrader 5 (MT5) required for full AI functionality and advanced features

• Currency Pairs: EURUSD, GBPUSD, USDJPY optimized with included preset files – XAUUSD preset also available though requires careful risk management due to gold’s volatility

• Timeframe: H1 (60-minute charts) for optimal signal generation and multi-timeframe analysis

• Account Type: ECN accounts recommended for lower spreads and better execution – standard accounts acceptable but may impact profitability

• Minimum Deposit: $1,000 minimum, though $2,000-$3,000 recommended to comfortably handle historical maximum drawdowns without overleveraging

• Leverage: 1:100 to 1:500 recommended – higher leverage amplifies both profits and losses, requiring strict adherence to risk management settings

• VPS Hosting: Strongly recommended for 24/7 operation and consistent trade execution without interruption

Quick-Start Parameter Guide

Risk Management Controls
• Max Daily Loss % (5.0): Hard stop to cease trading after daily threshold – essential for prop firm compliance
• Max Drawdown % (15.0): Account-level protection trigger – never exceed comfortable loss tolerance
• Risk Per Trade % (2.0): Position sizing based on account percentage – conservative setting for capital preservation

Core Trading Settings
• Stop Loss (100 points): Fixed exit for losing trades – provides predictable maximum loss per position
• Take Profit (200 points): 2:1 reward-to-risk ratio target – balances profit capture with market noise
• Max Concurrent Trades (10): Exposure limitation – prevents overconcentration in single market direction

Signal Confirmation
• Minimum Signal Strength (0.3): AI confidence threshold – higher values reduce trade frequency but increase quality
• Required Confirmation Levels (2): Multi-indicator agreement requirement – prevents false breakout entries

Grid Recovery System
• Grid Levels (Max 5): Controlled averaging system – strictly limited to prevent dangerous position scaling
• Grid Spacing (50 points): Distance between additional entries – adequate buffer for minor retracements

Review of Diamond Pro MT5

Diamond Pro MT5 delivers sophisticated multi-strategy trading with exceptional backtested profit factors, though requires adequate capital to handle 15-19% maximum drawdowns during adverse market conditions.

EURUSD Backtest Highlights:
• Net Profit: $923,111 from $1,000 initial deposit over 5 years
• Profit Factor: 2.62 with 99.90% modeling quality
• Maximum Drawdown: 15.50% ($77,233) – significant absolute amount requiring proper capitalization
• Total Trades: 5,698 providing substantial statistical sample size

GBPUSD Performance Summary:
• Net Profit: $295,366 demonstrating strong performance across major pairs
• Profit Factor: 3.11 – highest among tested currencies indicating robust strategy
• Maximum Drawdown: 11.79% – most controlled risk profile of tested pairs

USDJPY Results:
• Net Profit: $21,097 showing more modest but positive returns
• Maximum Drawdown: 19.13% – highest percentage drawdown requiring careful position sizing

Is Diamond Pro MT5 the Right Choice For You?

• Advanced Multi-Strategy Approach: Combines proven technical indicators with AI adaptation for higher-quality signals than basic single-indicator EAs, though requires understanding of complex system interactions and patience during lower-frequency trading periods

• Controlled Grid Recovery System: Offers sophisticated position management with strict 5-level limits and drawdown protection, unlike dangerous martingale systems, but still carries inherent risks during strong trending markets without pullbacks

• Prop Firm Compatibility: Built-in daily loss limits and risk controls specifically designed for funded account challenges, though traders must demonstrate consistent profitability on demo accounts before live implementation

• Exceptional Backtested Performance: Verified 99.90% quality results show profit factors above 2.5 across major pairs over 5-year periods, but requires $2,000+ capital to handle maximum historical drawdowns comfortably

• Professional-Grade Features: News filtering, multi-timeframe confirmation, and advanced trailing stops provide institutional-level functionality, though complexity requires dedicated time for proper setup and ongoing monitoring

Final Verdict

Diamond Pro MT5 offers sophisticated AI-enhanced trading with proven backtested performance and comprehensive risk management, ideal for serious traders with adequate capital ($2,000+) and prop firm candidates. Beginners or undercapitalized traders should consider simpler alternatives without grid recovery systems.

Diamond Pro MT5 Download Contents:

• Link download experts:
  • Diamond Pro MT5.ex5
• Presets:
  • DiamondPro-XAUUSD-H1.set