Forex Diamond EA MT4

Forex Diamond EA MT4
Free

In a market full of over-promised and under-delivered trading robots, Forex Diamond EA stands out for its maturity and engineering. This expert advisor combines trend-following, countertrend, and Scalping strategies into one cohesive system, making it ideal for traders who want adaptability across market conditions.

During extensive tests on GBPUSD and EURUSD with various risk settings, it became clear that Forex Diamond EA is built for serious, long-term trading. It does not attempt overnight account explosions; instead, it behaves like a disciplined algorithmic trader, carefully selecting entries and controlling drawdowns.

Recommended Settings

Currency Pairs: GBPUSD, EURUSD, USDCHF

Timeframes: M15

Minimum Deposit: $500 (recommended $1,000+ for balanced money management)

Leverage: 1:100 or higher

Account Type: ECN/STP with low latency execution

Key Features of Forex Diamond EA

Three-in-one strategy: scalping, countertrend, trend-following

Dynamic trailing stop to secure profits

AutoMM money management for optimized risk per trade

Adjustable stop-loss and take-profit settings

Built-in risk presets: Low, Medium, High

Optional news filter to avoid high-impact events

Robust, consistent performance over long-term backtests

How Forex Diamond EA Works

Forex Diamond EA uses three complementary strategies to adapt to different market phases:

Trend-Following: Activates in strong directional moves with trailing stops to capture momentum

Countertrend: Targets short-term reversals during consolidations using support/resistance and volatility analysis

Scalping: Exploits low-spread sessions for quick entries and exits

Each strategy operates independently under a unified risk management framework, preventing conflicts and ensuring safe capital exposure.

Trading Signals

Forex Diamond EA displays strategy-specific signals on the chart:

Signal 1: Trend-following entries

Signal 2: Countertrend setups

Signal 3: Scalping opportunities

Signals execute at market price with pre-calculated SL/TP and optional trailing logic. Auto lot sizing is enabled by default but can be customized. The system performs best during liquid sessions with moderate volatility.

Conclusion

After testing in both live and simulated environments, Forex Diamond EA proves to be a resilient, multi-strategy robot for MT4. Its strength lies not just in entry accuracy, but in trade management, risk control, and capital preservation. Unlike single-strategy EAs, it adapts across market conditions while maintaining a steady equity curve.

This EA is perfect for traders who value consistency, diversified strategy, and controlled growth over hype-driven results.

Published:

Feb 21, 2026 11:44 AM

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