The Forex market can’t be cracked with one strategy alone. You need to adopt a “Diversified Strategy” paradigm. This paradigm uses tested strategies combined with precise, fast, and reliable technology to deconstruct the market and pounce on profit opportunities.

Forex Diamond EA is a rare combination of trend and counter trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution. Forex Diamond EA is a complete trading system for currency traders who want speed, precision and reliable performance.

Forex Diamond is designed to trade with 3 proven algorithms:

Forex Diamond ЕА utilizes its Trend-Retrace Signal Strategy to systematically execute profitable trades. The algorithm patiently applies well-vetted trading parameters to profit from the market trend while safe guarding your Gains.

Implements its Counter trend Strategy to watch the market for potential trend reversals. Once an opportunity is detected, Forex Diamond EA dynamically adjusts its trading parameters to maximize the profit potential of each trade.

Counter trend Scalping Strategy leverages small spread trades executed with precision and speed. Forex Diamond’s dynamic trading system quickly adjusts your trading parameters to suit even the most volatile markets.

This EA is in our top five for a reason. In our experience with this EA, we were able to achieve high performance noted in the equity curve above with minimal drawdown. It uses three high performance trading systems, trend / retracement, countertrend, and countertrend scalping – all three systems that we use here religiously as traders to keep a dynamic and constantly flowing trading system in place to maximize opportunity at all times. Put all of that into one algorithm and you have Forex Diamond – say no more!

Pros:

– Optimal Money Management: Forex Diamond systematically tracks your open trading positions and closes each out at the optimal profit levels.

– In highly volatile markets, a favorable spread trading opportunity can evaporate in moments. A great trading opportunity can quickly turn to a loss unless your EA can execute the trade immediately. Forex Diamond’s dynamic calculation sets the correct trading parameters and executes your trade without needing your intervention. This capability means that you lock-in your profits, capitalizing on even the quickest spread opportunities.

– Forex Diamond is updated as market conditions change – so it’s always working, always up to date helping you maximize your overall investment strategy.

Cons:

– Maximizes trading opportunities, but sometimes the algorithm misfires and misses trades. This is something that is becoming more and more common on the EA marketplace, perhaps the algorithm meant to place a trade and then deemed some reason the trade “not-worthy” but this happens often with this EA!

– Not so “Rapid Help Desk Support” — no surprise here at all. The EA market place has come with a massive influx of new traders coming into the FX market – which is great, but bad when they flock to a good EA like this. Support takes about 1-2 weeks to get a sound / valid response to your issue.

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