Diamond Pro MT5 v8.0 vs SetFiles (Original version)

What Is Diamond Pro MT5?

Diamond Pro MT5 is an Expert Advisor multi-strategy automated trading system that blends classic indicators with machine learning and advanced features. With strong risk management, AI-based analysis, and multiple protective layers, it offers a powerful, balanced, and reliable solution for long-term trading.

➡️ Vendor website: View here

Version: New Version

The Right Platform: Meta Trader 5 (MT5)
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About the Author

This product is developed by Fanur Galamov, an MQL5 expert with over seven years of experience. He has created several well-known EAs, including Diamond Pro MT5, Diamond Pro MT4, EA Gold NRJ, and others. Among his work, Diamond Pro MT5 stands out as his top-performing system.

Key Features

• Multi-Indicator Confluence: Uses classic indicators like RSI, Bollinger Bands, MACD, and Moving Averages to improve entry accuracy.

• AI-Driven Strategy: A machine-learning module with adjustable confidence levels helps the EA adapt to changing market conditions.

• Strict Risk Management: Includes percentage-based lot sizing, daily loss limits, and maximum drawdown protection for safer trading.

• Grid Recovery & Trailing Stop: Combines a grid recovery system with a trailing stop to recover losses and secure profits effectively.

Diamond Pro MT5 Review

Diamond Pro MT5 – EURUSD Backtest (2018–2023, H1)

Shows strong profitability and stable performance.

• Initial Deposit: $1,000

• Net Profit: $923,111.88

• Win Rate: 88.94%

• Max Drawdown: 15.50%

  

Diamond Pro MT5 – GBPUSD Backtest (2018–2023, H1)

Delivers high accuracy and consistent trading results.

• Initial Deposit: $1,000

• Net Profit: $295,366.90

• Win Rate: 92.79%

• Max Drawdown: 11.79%

  

Diamond Pro MT5 – USDJPY Backtest (2018–2023, H1)

Shows solid performance with reliable execution.

• Initial Deposit: $1,000

• Net Profit: $21,097.80

• Win Rate: 84.69%

• Max Drawdown: 19.13%

  

The EA Setting

Diamond Pro MT5 – User Guide (Simplified & Clear)

Diamond Pro MT5 is an advanced automated trading system designed to deliver stable, long-term performance using a combination of classic indicators, machine learning, and strict risk control. This guide explains how to set it up, what each section does, and how to use the EA safely and effectively.

1. Core Trading Settings

Master Trading Switch

• true/false — Turns the EA’s trading function ON or OFF.

EA Identification Number

• Used to differentiate multiple EA instances on the same account.

Stop Loss in Points

• Defines the fixed stop loss for each trade.

Take Profit in Points

• Sets the target profit for each trade.

Maximum Concurrent Trades

• Limits how many trades the EA can open at the same time.

2. Risk Management

Lot Sizing Method

• Percentage-based risk (recommended)

• Fixed lot

• Balance-based lot

Risk per Trade (%)

• How much of your account balance the EA risks per trade.

Minimum / Maximum Lot Size

• Controls the smallest and largest lot sizes allowed.

Daily Risk Protection

• Max daily loss

• Max daily drawdown

• Max daily profit

• Automatically disables trading if limits are hit.

Break-even & Trailing Stop

• Automatically protects profits as trades move in your favor.

• 3. Indicator Settings

The EA uses multiple indicator filters to increase accuracy. You can enable/disable each one:

RSI

• Adjustable RSI period, overbought, and oversold levels.

Bollinger Bands

• Adjust band deviation for volatility detection.

MACD

• Fast EMA, slow EMA, and signal line values.

Moving Averages

• Multiple MA filters can be enabled for trend confirmation.

These filters work together to block low-quality trades and improve overall precision.

4. Machine Learning Strategy

Diamond Pro MT5 includes an AI-powered module for smarter decision-making:

Strategy Preset

• Options such as Balanced, Conservative, Aggressive.

ML Confidence Level

• Minimum confidence required for the AI to approve a trade.

Pattern Recognition

• Detects market behavior and trend strength.

Learning Parameters

• Lookback period

• Prediction bars

• Retrain frequency

These settings help the EA adapt to changing market conditions.

5. News & Market Filters

Market Regime Detection

• Helps the EA avoid unstable market periods.

Trend Strength Filter

• Prevents trading during unclear or weak trends.

6. How to Use the EA Safely

1. Run on VPS for best stability.

2. Use recommended pairs and timeframe (EURUSD H1 is primary).

3. Avoid over-optimizing settings unless you understand each parameter.

4. Start with low risk (1–2% per trade).

5. Monitor daily risk limits to protect your capital.

7. Recommended Setup

• Timeframe: H1

• Pairs: EURUSD (recommended), GBPUSD, USDJPY

• Minimum Deposit: $200+

• Account Type: ECN or Raw Spread

• Leverage: 1:100 or higher

In the Downloads folder, there are:

he download package of the product suite includes:

✅ Experts: Diamond Pro v8.0_fix.ex5
✅ Presets: DiamondPro-XAUUSD-H1.set

Conclusion

Diamond Pro MT5 combines multi-indicator analysis, AI adaptability, and strict risk control with grid recovery and a trailing stop to deliver reliable performance. Backtests on EURUSD, GBPUSD, and USDJPY show strong profitability with low drawdown. With built-in news and time filters, multi-timeframe analysis, and automatic broker compatibility, it offers solid capital protection and prop-firm readiness—making it a powerful and flexible EA for long-term trading success.