This Forex Diamond EA review looks at some of the key aspects of this product, including its profitability and money-back guarantee. We also discuss its Dynamic trading algorithm and compatibility with the MT4 platform. While Forex Diamond may look like a good investment, this product has many concerns. For instance, the website is unprofessional, and the company has no contact information or official addresses. In addition, we haven’t been able to find any tangible evidence to back up the product’s claims. Ultimately, this Forex Diamond EA review will not be too encouraging for you to buy it, but we urge you to think twice before spending your money on it.
The profitability of Forex Diamond depends on the month.
The Forex Diamond EA is a powerful trading system that combines trend and countertrend strategies, smart money management, and dynamic trading parameter configurations. It can rapidly adjust its trading parameters to meet the needs of different market conditions. The EA can be configured to use all three trading strategies simultaneously or to focus on one trading strategy. It is also capable of adapting to changes in market conditions and does not require constant tweaking. The Forex Diamond EA’s Countertrend Scalping strategy uses leverage to trade with small spreads and a high speed.
This automated trading system takes advantage of volatility fluctuations in the market to maximize profits. It can trade in any currency market and under any conditions. It can be configured to trade according to the traders’ trading strategy and set up to close open positions at optimal profit levels.
Forex Diamond EA has a money-back guarantee. You can use it for 60 days risk-free, and if you don’t like it, you can return it for a refund. The system is updated regularly, so you don’t have to worry about not getting your money back. Plus, it will continue to work for you and help you maximize your overall investment strategy.
Forex Diamond EA is backed by over 19 years of backtesting. It comes with various trading tools and can make trading decisions with minimal user input. It analyzes market conditions to determine its trading parameters. It costs $297 and is fully customizable. It is available for both demo and real money accounts.
The developers claim Forex Diamond EA is an expert advisor that uses three proven trading strategies. It is compatible with both MT4 and MT5 platforms. Moreover, its developers claim that the software is easy to use and has a high recovery factor. The developers also claim Forex Diamond EA will take your trading to the next level.
Dynamic trading algorithm
Forex Diamond has a self-adaptive, fully automated mode. This means that you don’t have to mess with its settings to make it work for you. The system automatically applies pre-optimized values for official pairs. Unlike many other EAs, you don’t have to configure it manually. Instead, you can simply attach it to your chart and leave it running.
Although Forex Diamond EA has a very cool presentation, it fails to deliver consistent trading results. It tries to use a Grid plus Scalping trading strategy, but it doesn’t perform well. Fortunately, it’s compatible with MT4 and MT5 terminals. However, its performance isn’t stable enough to justify its high price.
The Forex Diamond EA was developed by a group of experienced traders and market experts. The EA trades different currencies using different trading strategies. It analyses geo-political events, as well as the stability of an economy. The EA also uses the 40+ Recovery Factor system, a unique feature among Forex EAs.
If you’re new to forex trading, one of the most important things to know about Forex Diamond is that it works with most MT4 brokers. It can be used with any broker that supports MetaTrader 4, as long as it offers an ECN-type order fulfillment system. It is also compatible with four-digit and five-digit quotes, so you don’t have to multiply TakeProfit and StopLoss values by ten when executing your trades. This can increase your average profit per trade but also result in missed opportunities.
Forex Diamond EA has been in the market since 2013, which gives it an edge over similar products. This is because its creators have established their reliability. It works with four major forex currency pairs, including EUR/USD, GBP/USD, USD/CHF, and USD/JPY. It works best in the 15-minute timeframe.
It has been designed to work with the MetaTrader 4 platform. It uses a combination of technical indicators and has been tested by professional traders. You can download a free version to customize it and try it out or go for the MT4 version, which has a minimum deposit of $1,000.