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.