3-Strategy System for 4 Major Pairs · M15
Forex Diamond is a commercial EA by Lachezar Krastev (FXAutomater — the same developer as Forex Trend Detector). It combines three independent trading systems: a Signal Strategy (trend-retrace), a Countertrend Strategy (reversal detection), and a Scalping Strategy (small-spread trades). All three run simultaneously on GBPUSD, EURUSD, USDCHF and USDJPY on the M15 timeframe with Myfxbook-verified live performance on ALPARI. On MQL5 it holds a 4.3 / 5 rating from 514 reviews.
Risk Warning: Three simultaneous strategies mean three simultaneous drawdown risks if the market moves sharply against all three positions at once. Live performance on a retail broker typically underperforms demo due to execution and spread differences. Always test on your specific broker before trading live. Past performance does not guarantee future results.
Real buyer reviews from the MQL5 product page. Feedback is mixed.
"Very excited about the longevity of this EA — I highly recommend it as a core assistant to trading success."
— cajun fyre (MQL5)"The EA performs very well so far — one of the better EAs I have encountered."
— Eugene Zhuang (MQL5)"Really something different from most algos in this price range. Support is great."
— fulvio.vespasi (MQL5)"Performance heavily depends on broker. On a slow or high-spread broker the scalping leg simply does not work."
— MQL5 buyer review (summarised)"All three strategies can enter drawdown simultaneously in a strong trend-reversal environment."
— MQL5 buyer review (summarised)"Results on demo were significantly better than live — the scalping strategy suffers most from real-world execution differences."
— MQL5 buyer review (summarised)Overall Rating: 4.3 / 5 from 514 reviews (MQL5)