The EA is designed and authored by FXAutomater the well known Forex Diamond creators, they introduce their EA as a world-class complete, high-performance trading system, a unique integration of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations, and rapid trade execution as a result of THOUSANDS of hours of design, testing, and refinement.
It consists of 3 totally autonomous trading systems gathered together, it applies a dynamic trading logic, with a self-updating algorithm, high trading frequency, and minimum required optimizations compared to other expert advisors. Its stop loss and take profit levels are dynamically calculated.
Regarding protection, it applies high slippage protection, high spread protection, and profit protection systems, with a new option that has never been before in older Forex robots, its 40+ recovery factor.
Trading Idea
Specifications
License
One real account for the Single license and Two real accounts for the Full license with multiple demo accounts for both licenses.
Support & Updates
24/7 support and Free lifetime EA updates.
Broker Compatibility
We recommend installing it on TradingFX VPS Forex VPS and using it on Tickmill Forex brokers for the best stability and profitability.
PC Minimum Requirements
1.5 GHz processor, 1 GB RAM, and Windows XP, Windows Vista, Windows 7 or Windows 8 operating system.
Refund Policy
The vendor guarantees no questions asked 60 day money back.
Supported Currency Pairs
MetaTrader Chart Timeframe
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Live performance
Live Test Summary
Live Test Summary
Live Test Summary
Backtests
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Strategy
The EA implements 3 advanced market domination strategies; a combination of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations, and rapid trade execution.
Forex Diamond is designed to trade with 3 proven market domination algorithms packed together:
Secure After-Retracement Strategy
Forex Diamond systematically filter and implement profitable trades using its Trend-Retrace Signal Strategy. With self-possession, the algorithm applies well-scrutinized trading parameters to make profits from the market trend while sheltering your gains.
Secure Counter-trend Strategy
Forex Diamond monitors the market for potential trend reversals using its Counter-trend Strategy once an opportunity is at target, Forex Diamond sets its trading parameters to maximize the profit from that trade.
This strategy allows profiting even in special market conditions.
Aggressive Counter-trend Scalping Strategy
Forex Diamond delicately and rapidly raises executed trades small spread using its Countertrend Scalping Strategy. It can fit even the most volatile markets by fast adjusting your trading parameters through its dynamic trading system.
40+ Recovery Factor
The recovery factor is what determines the EA ability to earn more compared to its losses, simply it equals the pip net profit divided by pip drawdown, for example, if an EA earns 20,000 pips with a drawdown of 1,000 pips, then its recovery factor would be (20,000/1,000 = 20) and this is deemed very profitable, and such EA is expected to be using a very good trading strategy.
Forex Diamond authors stated that the EA can earn 40x more money than it loses, which means that its recovery factor can reach 40.
However, you always have the choice to run the EA on a single, choose the best couple according to your insight, or let it combine all of them.
You should take into consideration that the results will vary after the size of your account, your distaste to risk, outside market factors, and your overall strategy.
Key trading tools
Rapid Market Impulse Trading Levels
Forex Diamond automatically draws advantages of market volatility movement and brings it to the benefit of your trades, you can configure every trade after your trading strategy, or it can be automatically set guided by the current trading rules.
Optimal Money-Management
Forex Diamond automatically follows your open positions up and determines the optimal profit levels at which each trade is closed out.
High-Frequency Trading
More than 1,200 trades can be executed per year through Forex Diamond trading algorithms.
High Slippage Protection
Slippage is the most profit reducing factor and is a result of faulty EAs that can't calculate and execute trades at the optimum time, and this is frequent during high volatility trading sessions with rapid market reversals and price vicissitudes.
Forex Diamond greatly minimizes the chances for slippage by executing trades quickly at the right moment
Spread Protection
A good spread trading opportunity can vanish in moments or may even turn into a loss if your EA didn't execute the trade immediately, this is most prominent in highly volatile markets.
Forex Diamond doesn't need your intervention to dynamically calculate the correct trading parameters and execute a trade, locking in your profits and gaining even from the quickest spread opportunities.
Profit Protection
Forex Diamond applies the maximum protection to your profits by combining high slippage protection, spread protection, and a special trading logic, each of which is sufficient to cover the desired protection while a triple combination of them is ensuring the highest level of protection.
Self-updating
The market condition changes are a trigger and a guide for Forex Diamond update system, it automatically accommodates these constantly successive fluctuations.
Bottom line
Forex Diamond proves that it's a promising Forex robot and to be a consistent, reliable, profit making machine.
BUT
Let not one that says it's there an EA that can double your money in a week, or can make you a millionaire in a month, these are just marketing stuff to fool those who wish get rich-quick without mind realization and making the right decision.
Promotional Video (by the Vendor)
Other Forex Robots from FXAutomater
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WallStreet Forex Robot 3.0 Domination is a scalper EA that's not limited to the Asian session, opening positions around the clock with a fairly profitable outcome, a few indicators that are shipped with Metatrader are involved creatively, so the entry signals are determined. It has retry loops for opening/closing orders, denoting a certain degree of experience with automated live trading. Although the DLL programming is sometimes an obstacle for EAs running on multiple pairs with the same DLL, in this EA, this seems to be entirely thread-safe.
It detects the final moments of a volatile market trend or session, identifies the volatility limits below which the dominant market trend is, and don't ignore the special situations when those volatility limits occur near important market levels, predict price levels that should capitalize when the market is readjusted after the volatility breakout has occurred, and finally it sets an order based on that prediction.
Best Free Scalper Pro is a powerful automated Forex scalping system, one of the FXAutomater family. A reputable ECN Forex broker with very tight spreads, low commissions, and minimal slippage is required as it can confirm the difference between a winning and losing trading system, especially scalping strategy ones.
Gold Scalper PRO is not a grid, martingale, or using any other risky strategies, it just employs a classical trading strategy by a textbook using reasonable Stop Loss levels and a prosperous entry and exit trading logic beside an optional money management ATR based algorithm.
Strictly ruled grid-based trading technique with safety "high frequency" scalping element.
Smart Scalper PRO is very simple, but it is based on the most proven trading principle since the markets exist – enter the market in the direction of a strong market impulse after a reasonable correction is detected.
Pips Master Pro has a Strong, pure and simple trading logic, Reasonable TP and SL levels, High spread, slippage and broker protection, Multiple currency pairs support, Low drawdown, and New, improved, highly effective exit logic.
Using Trend Matrix EA, traders can identify and profit from market trends. It offers a safe and reliable way to navigate the forex market with its Next Generation Loss Recovery System and reliable risk management tools.
Chat GPT and Gemini (developed by Google) are the two most powerful AI engines available. The Gemini AI handles real-time trading data better than Chat GPT. However, Chat GPT excels at managing complex conversation threads even though it is trained only on past data. Combining Chat GPT and Gemini AI leads to the most accurate and current trading forecasts.
AI alone, can't be reliable - a proven, solid strategy must back it up. FXAutomater deliver results that stand out with their AI-powered strategy Infinity Trader!
Tags
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
