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DIAMOND TITAN FX MT4 – Full Input Settings Analysis
Diamond Titan FX is a MetaTrader 4 Expert Advisor, intended for trading the US30 pair on the M15 chart. It is developed for raw accounts to keep spreads to a minimum and does not engage in grid methods, hedging, and more than one open trade. Every trade has a Stop Loss for protection, and there is an automated function for lot bidding incorporated, with functionalities optimized for prop firms.
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Basic trading settings
- EA display name is set as a consequence of buying the __ENAME__ parameter and is displayed in the interface as Diamond Titan FX.
- Both buyTrade and sellTrade are enabled (true) so that both the buy and sell trades can be accessed by the EA.
- The enableCheckFunds setting is enabled (true), and this means that the EA will check the available balance before it starts new trades to prevent overexposure or trading with inadequate capital.
- The maximum_loss is approximately 0.08, so the EA will limit any one trade at a loss of 8% of equity in the account.
- The daily_loss is set at 0.05, so the EA will close trading for the rest of the day if the day’s total loss reaches 5%.
Money Management
- MoneyManagement is 2. The mode to be used (e.g. Auto, Smart, or Fixed) is controlled by the EA’s internal logic.
- Using fixed lot size, FixedLotSize is 0.01 and FixedAmount is 100.0, say, for instance, the size of capital per trade.
- For auto lot sizing, the EA risks 0.5% per trade, according to RiskPercentage.
- MagicNumberBuy and MagicNumberSell are both 3333 and used to track and control EA trades.
- CommentBuy and CommentSell are labeled “Diamond-TitanFX”, so they can be quickly identified on the chart and in history.
News Filter & Smart Money
- UseNewsFilter is set to true, which avoids the EA from trading during major news.
- The EA will not trade 30 minutes before and 30 minutes after news, as defined by MinsBeforeNews: 30 and MinsAfterNews: 30.
- High-impact news only is filtered since IncludeHigh is set to true and IncludeMedium and IncludeLow are set to false.
- enableSmartMoney = true, which activates Smart Money logic. If the EA is capable of it, this can be a study of institutional activity or big-size price motion.
Key Takeaways
- Trading Strategy and Optimization: Diamond Titan FX is an Expert Advisor designed to trade the US30 pair on the M15 timeframe. It is raw account optimized so that spreads remain low, and it is delivered with additional features for prop firms.
- Trade Management: The EA does not involve grid strategies, hedging, and open multiple trades. Each trade is protected by a Stop Loss, and it comes with an automatic lot bidding to manage trades effectively.
- Requirements and Recommendations: A minimum deposit of $100 is advised, and trading using a VPS is advised for enhanced trading performance.