Forex Diamond EA MT4 V6.5 + Setfiles

Forex Diamond EA MT4 Introduction

Forex Diamond EA MT4 provides a fully automated, adaptive trading solution designed to achieve consistent profitability by eliminating the need for manual market monitoring and emotional trading decisions. This multi-strategy expert advisor operates on MetaTrader 4, trading GBPUSD, EURUSD, USDCHF, and USDJPY pairs using a sophisticated combination of trend-following, counter-trend, and scalping algorithms on the 15-minute timeframe. Based on comprehensive backtesting across 26 years of data, the EA demonstrates substantial profit potential with the GBPUSD pair generating over $66 million in net profit from a $2,500 initial deposit, reflecting the developer’s commitment to transparent performance verification and systematic risk management.

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About the Forex Diamond EA MT4’s Author

Lachezar Krastev, the developer behind Forex Diamond EA MT4, brings over 12 years of specialized experience in MQL5 programming and automated trading system development. His portfolio includes other notable trading solutions such as Forex GOLD Investor EA, Infinity Trader EA, and GOLD Scalper PRO, demonstrating a consistent focus on creating reliable automated trading tools for the MetaTrader platform.

Key Highlights

• Multi-Strategy Architecture: Combines three independent trading signals with trend-following, counter-trend, and scalping strategies, featuring a self-updating algorithm that adapts parameters dynamically to current market conditions for enhanced opportunity capture

• Advanced Trading Logic: Utilizes multiple signal confirmation system with configurable trend filters based on customizable period and strength parameters, while employing dynamically calculated stop-loss and take-profit levels rather than fixed pip values for market-appropriate risk management

• Comprehensive Risk Management: Features integrated drawdown protection system, daily loss limits, high slippage protection, and automated money management with percentage-based risk allocation, plus trade randomization system specifically designed for proprietary trading firm compatibility

• Exceptional Backtest Performance: Demonstrates strong historical performance across major currency pairs with GBPUSD showing $66.3M net profit (2,654,543% return), EURUSD generating $56,235 profit (2,249% return), and USDCHF achieving $63,173 profit (2,527% return) over 26-year testing period with maximum drawdowns ranging from 3.10% to 6.49%

• Risk Consideration: The recovery mode feature and high-frequency trading approach (67,711+ trades on GBPUSD) may increase exposure to market volatility and transaction costs, requiring careful broker selection and parameter configuration to optimize performance

Forex Diamond EA MT4 Recommended

• Trading Platform: MetaTrader 4 (MT4)
• Currency Pairs: GBPUSD, EURUSD, USDCHF, USDJPY
• Supported Accounts: ECN, Standard accounts with low spreads recommended
• Timeframe: M15 (15-minute charts) – optimized and backtested timeframe
• Trading Time: 24/5 automated operation with configurable time filters
• Leverage: 1:100 to 1:500 recommended – understand associated risks and verify broker compatibility
• Minimum Deposit: $2,500 minimum based on backtest parameters for optimal lot sizing

Installation and Usage Tips

• Signal Control: Enable/disable individual trading signals (Signal1, Signal2, Signal3) with unique magic numbers for trade identification and management
• Lot Sizing: Choose between FixedLots (0.01 default) or AutoMM (0.5% risk per signal) with maximum lot caps (AutoMMMax: 10.0) for capital protection
• Risk Management: Configure Maximum daily loss (currency) and Maximum daily drawdown % to limit exposure, with RecoveryMode disabled by default for conservative approach
• Market Filters: Set MaxSpread (2.5 default) and Slippage (0.5) parameters to avoid unfavorable execution conditions during high volatility
• Time Controls: Utilize MondayStartHour, FridayExit, and LastTradeHour settings to customize trading schedule, plus news filter options to avoid high-impact events
• Trend Filter: Optional UseTrendFilter with configurable TrendPeriod (105) and TrendStrength (0) for additional market condition confirmation

Forex Diamond EA MT4 Review

Forex Diamond EA MT4 delivers impressive backtest results with consistent profitability across multiple currency pairs, though the high-frequency trading approach and recovery features require careful parameter management to control transaction costs and drawdown risk.

Backtest Performance Highlights:
• GBPUSD: $66.3M net profit, 4.13% max drawdown, 67,711 trades over 26 years

• EURUSD: $56,235 net profit, 6.49% max drawdown, 24,434 trades with 1.31 profit factor

• USDJPY: $48,961 net profit, 5.70% max drawdown, 17,762 trades with 1.29 profit factor

• USDCHF: $63,173 net profit, 3.10% max drawdown, 24,273 trades with 1.60 profit factor

Why Choose Forex Diamond EA MT4

• Proven Long-Term Performance: 26 years of comprehensive backtesting across multiple currency pairs demonstrates consistent profitability and adaptability to various market conditions, unlike many EAs with limited historical validation

• Sophisticated Multi-Strategy Approach: Combines three independent trading signals with adaptive algorithms that automatically adjust to market conditions, providing diversification and reducing dependency on single-strategy limitations

• Prop Firm Compatibility: Features dedicated drawdown protection system and trade randomization specifically designed to meet proprietary trading firm requirements, addressing a key challenge for professional traders

• Comprehensive Risk Control: Integrated daily loss limits, spread protection, and automated money management provide systematic risk control that eliminates emotional trading decisions and maintains disciplined execution

• Professional Development Quality: Created by experienced MQL5 developer with 12+ years expertise and multiple successful EA releases, ensuring reliable code quality and ongoing support

Conclusion

Forex Diamond EA MT4 offers sophisticated automated trading with strong historical performance across major currency pairs, featuring comprehensive risk management and prop firm compatibility. Best suited for intermediate to advanced traders seeking systematic, emotion-free trading execution with professional-grade risk controls.

Ready to Use Forex Diamond EA MT4?

• Telegram Support: https://t.me/+TT_oy2yBiQZjZjE1
• Email Contact: [email protected]
• Website: cheapforexea.com

Forex Diamond EA MT4 Download Packages:

• Link download experts:
  • Forex Diamond EA MT4.ex4
• Presets