Home » Forex Diamond EA Review and Complete Setup 2026
Forex Diamond MT4/MT5 EA

Forex Diamond EA Review and Complete Setup 2026

Forex Diamond EA uses a combination of three distinct trading strategies – Trend, Counter Trend, and Scalping. These strategies work together to benefit from diverse market conditions.

Forex Diamond Review Overview

Forex Diamond EA

  • Strategy: Scalping
  • Currency Pair: GBPUSD, EURUSD, USDJPY, USDCHF
  • Recommended Timeframe: M15
  • Price: $217.
  • Tested on: ICMarkets, FP Markets, Exness, Oanda.

10/10
Overall Score
  • Myfxbook Result: ★★★★★★★★★★
  • Backtesting Result: ★★★★★★★★★★
  • Developer Experience: ★★★★★★★★★★
  • Transparency: ★★★★★★★★★★
  • Pricing: ★★★★★★★★★★

Pros

  • Multi-Strategy System (More Adaptability)
  • Long Track Record & Backtesting Data
  • High Win Rate Potential
  • Money-Back Guarantee
  • Easy Setup & Customization

Cons

  • Broker sensitive
  • Monthly returns can be relatively low (1–3%)

👉 Want to see how this EA actually trades? View the full live performance and drawdown analysis 2026.

View Full Performance Result → ♠ Visit the Official Website

Forex Diamond EA is ready to harness the power of automated trading for the unique challenges of the Forex market in 2026.

Developer Experience, Track Record, User Guide & Refund Policy

A popular Forex software developer group developed and updates the robot. The robot has been tested on a real trading account verified at Myfxbook.com. Also, the developer provides a comprehensive user guide and setups and a 100% 30-day money-back guarantee.

Verified track records Yes
Developer experience 5years+
Customer support Yes
Refund Policy 30-day money back guarantee
Dedicated website Yes
User Guide & Setup Yes
NFA Compliant Yes

Money Back Guarantee

About Forex Diamond EA

Forex Diamond EA is compatible with both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. The FX Expert Advisor combines three proven trading strategies – Trend-Retrace Signal Strategy, Countertrend Strategy, and Scalping Strategy – to capitalize on various market conditions. You are in full control. You can use all three signal strategies at once or selectively turn ON or OFF a specific signal based on your strategy.

Forex Diamond EA boasts several key features that set it apart from other automated trading systems and deliver consistent results for traders:

  • Three independent trading systems
  • Dynamic trading logic
  • High-frequency trading
  • Intelligent risk management
  • High slippage and spread protection
  • Profit protection
  • Self updating
  • Compatible with FTMO/Prop firm accounts

Important trading parameters like Stop Loss, Take Profit, and threshold values are dynamically calculated and managed by Forex Diamond EA. Also, the Forex advisor adjusts your positions in real-time to take advantage of every opportunity to boost your profits.

Trading Strategy

Forex Diamond EA implements a diversified strategy paradigm, combining trend-following and countertrend approaches to maximize profit potential. Each trading system works to maximize your profits by using proprietary dynamic trading algorithms. This capability allows you to successfully trade in any currency market in any conditions.

Trend Strategy: The Trend strategy employed by Forex Diamond focuses on identifying and riding market trends for profits. The algorithm patiently applies well-vetted trading parameters to profit from the market trend while safeguarding your Gains.

Counter Trend Strategy: In contrast to the Trend strategy, the Counter Trend approach utilized by Forex Diamond aims to identify potential trend reversals and benefit from on short-term countertrend movements. Once an opportunity is detected, Forex Diamond EA dynamically adjusts its trading parameters to maximize the profit potential of each trade.

Scalping Strategy: Forex Diamond’s Scalping strategy is geared toward exploiting short-term price fluctuations and market inefficiencies. Forex Diamond’s dynamic trading system quickly adjusts your trading parameters to suit even the most volatile markets.

Forex Diamond Strategy

The robot strategies are optimized to work well together or independently giving you the best options for your broker conditions. Be rest assured that you will see positive results with one or all of these signal strategies.

Pricing and Package

Forex Diamond EA is available for purchase at a discounted price of $217.

The package includes one real money account, MT4/MT5 versions of the EA, an advanced news filter, allows multiple demo accounts, and a 30-day money back guarantee.

Additionally, customers receive lifetime updates and access to a dedicated support team for assistance.

Backtesting Data & Verified Trading Performance

Forex Diamond Robot has undergone rigorous backtesting, with results showing promising performance. 

Forex Diamond Backtest Data

Backtesting covers multiple years, providing a comprehensive assessment of the EA’s performance in various market conditions.

Forex Diamond EA Live Result

In addition to backtesting results, the developer provided live trading result data, verified by myfxbook.com. This enables us to see detailed information about how the Forex Diamond auto software is trading on a real money account.

>> Explore the Complete and Current 2026 Performance and Drawdown Breakdown.

Broker Selection: Why I chose ICMarkets

Choosing the right broker is critical when running an EA like Forex Diamond, and IC Markets stands out as one of the best options, especially for automated trading systems.

Why ICMarkets Works

1. Ultra-Low Spreads for Higher Profit Potential

IC Markets offers raw spreads starting from 0.0 pips, which is essential for strategies like scalping and high-frequency trading. Tight spreads reduce trading costs and allow Forex Diamond EA to enter and exit trades more efficiently.

2. Lightning-Fast Execution (Perfect for EAs)

Execution speed is a major factor for any automated system. IC Markets uses Equinix data centers (NY4 & LD5) to deliver ultra-low latency and fast order execution, helping reduce slippage and improve trade accuracy.

3. True ECN Environment

With access to deep liquidity from 25+ providers, IC Markets provides a true ECN-like environment. This ensures better pricing, minimal requotes, and smoother execution—ideal for Forex Diamond’s dynamic trading logic.

4. Fully Supports Automated Trading (EAs)

IC Markets allows scalping, hedging, and expert advisors with no restrictions, making it one of the most EA-friendly brokers in the industry.

5. Multiple Platform Compatibility

The broker supports MT4, MT5, and cTrader, which aligns perfectly with Forex Diamond EA’s compatibility with both MetaTrader platforms.

6. Low Fees & No Hidden Charges

IC Markets is known for its low commissions, no deposit fees, and no inactivity fees, helping traders keep more of their profits over time.

7. Ideal for Scalping & High-Frequency Strategies

Because Forex Diamond uses scalping and rapid execution strategies, IC Markets’ infrastructure is a perfect match. It’s widely regarded as a top choice for algo traders and scalpers due to its speed and pricing.

Best IC Markets Setup for Forex Diamond EA

To get the maximum performance from Forex Diamond EA, pairing it with IC Markets requires the right configuration. Below is a professionally optimized setup for Forex Diamond on ICMarkets.

  • Account Type: Raw Spread Account (cTrader or MT4/MT5)
  • Platform: MT4 or MT5. Beginners should go for MT4 for simplicity
  • Leverage: 1:200 – 1:500
  • Starting deposit: $500 – $1000
  • Pair: Use low spread pairs only (GBPUSD, EURUSD, USDJPY, USDCHF)
  • Timeframe: M15. Attach EA to separate charts for each pair
  • Lot Size: Start small (e.g., 0.01 per $100–$200)
  • Settings: Default recommended settings
  • VPS: Strongly recommended (preferably near IC Markets servers in London/NY)
  • Trading Hours: London and New York sessions
  • Risk Settings: Conservative at the start

Recommended Usage Tips

1. Choose the Right Pairs & Timeframes

Forex Diamond performs best on major currency pairs like GBPUSD, EURUSD, USDJPY, and USDCHF. Stick to the M15 timeframe for optimal performance, as the robot is designed to work best in short timeframes for accurate trend detection and scalping.

2. Risk Management is Key

Always adjust the lot size and risk settings to suit your risk tolerance. A common mistake is using high-risk settings, which may result in unnecessary drawdowns. Start small and gradually scale up as you get more comfortable with the EA’s performance.

3. Regular Monitoring & Optimization

Even though Forex Diamond EA is automated, periodic monitoring is essential to ensure it’s performing well in changing market conditions. You can also optimize the settings periodically to keep it in line with evolving market conditions.

4. Use on Multiple Pairs

To diversify risk, you can run Forex Diamond EA on multiple currency pairs simultaneously. This helps spread your risk across different markets and increases your chances of finding profitable trades.

5. Stay Updated with Market News

While the EA is automated, significant market events (like central bank decisions or geopolitical events) can impact currency pairs. Stay updated on major news releases and consider pausing or adjusting the EA during high-impact news events.

6. Test Before Going Live

Always test Forex Diamond on a demo account first to see how it performs with your preferred settings. Once you’re confident, move to a live account with a small initial deposit and gradually increase exposure as you monitor its performance.

Is Forex Diamond EA Worth It in 2026?

Forex Diamond EA remains one of the more established and feature-rich forex robots, but in 2026, the answer isn’t a simple yes or no—it depends heavily on your expectations and how you use it.

On the positive side, the EA still stands out for its multi-strategy approach (trend, countertrend, scalping) and long track record. Recent data shows it can achieve win rates between 75%–82% and a recovery factor above 40, with some live accounts showing steady growth over time.
It’s also continuously updated and supports modern trading conditions, which gives it an edge over many outdated EAs.

However, there are clear concerns you cannot ignore. Some traders highlight high drawdowns and inconsistent monthly returns. In some cases, performance has been described as low relative to risk, with periods of weak gains or stagnation.

Long-term Sustainability of Forex Diamond

When evaluating the long-term sustainability of Forex Diamond EA, the reality is mixed – it shows signs of durability, but also raises important concerns that traders must understand.

Strong points:

  • Long track record
  • Multi-strategy adaptability
  • Proven ability to survive different markets

Weak points:

  • High drawdown risk
  • Inconsistent returns
  • Heavy dependence on broker/setup

Technical Requirements for Forex Diamond EA

To run Forex Diamond EA efficiently and avoid performance issues, you must get three core areas right: platform selection, VPS hosting, and broker setup. These directly affect execution speed, stability, and long-term profitability.

1. Trading Platform (Foundation of the EA)

Forex Diamond is designed specifically for:

  • MetaTrader 4 (MT4)
  • MetaTrader 5 (MT5)

Both platforms are fully supported, and the EA can run on any broker offering them.

2. VPS Hosting (Performance Booster)

  • Ensures 24/7 uptime (no missed trades)
  • Provides low latency execution
  • Eliminates issues like power outages or internet failure

Recommended: ForexVPS.com

A VPS keeps your EA running continuously even when your device is off.

3. Broker Requirements (Execution Quality)

  • Low spreads (preferably <1.0 pip)
  • ECN or Raw Spread account
  • Fast execution speed
  • No restrictions on EAs or scalping

Recommeded: ICMarkets or Tickmill

Forex Diamond performs best under low-spread conditions to reduce slippage and maximize profit capture.

Conclusion

Forex Diamond is a versatile and reliable forex robot that offers traders the opportunity to capitalize on various market conditions using a combination of trend-following, countertrend, and scalping strategies. With its affordable price point, compatibility with popular trading platforms, and proven track record, Forex Diamond is a valuable tool for traders seeking consistent profits in the forex market.

Boost your trading performance with Forex Diamond EA

Ready to advance your Forex trading portfolio and make real profits? Get ahead with the Forex Diamond EA – a Forex robot developed to boost your trading performance.

Forex Diamond offers a fully automated trading tool for traders of all levels.

Whether you have mastered the act of trading or just starting, this automated software can help you explore the Forex markets without fear of losing your money. Make money with this trading software now!

👉 Before using this EA, explore the complete performance breakdown, monthly returns, and risk analysis.

View Performance Results >> ♠ Visit the Official Website

Forex Diamond EA FAQs

1. What currency pairs and timeframes work best with Forex Diamond EA?

Forex Diamond performs best on major pairs like GBPUSD, EURUSD, USDJPY, and USDCHF, using the M15 timeframe. These pairs provide the liquidity and tight spreads needed for optimal performance.

2. Does Forex Diamond EA work with prop firms like FTMO?

Yes, Forex Diamond EA is compatible with prop firms such as FTMO. However, traders should use conservative risk settings to meet prop firm rules and avoid breaching drawdown limits.

3. Do I need a VPS to run Forex Diamond EA?

While not mandatory, using a VPS is highly recommended. A VPS ensures your EA runs 24/7 with low latency, improving execution speed and reducing slippage—especially important for scalping strategies.

4. Can Forex Diamond EA guarantee profits?

No, Forex Diamond EA cannot guarantee profits. Like all trading systems, results depend on market conditions, broker quality, and risk settings. It is best used as a tool for consistent long-term growth, not quick or guaranteed returns.

Our Testing


Our team of experienced traders and analysts rigorously test each Forex EA to assess its performance across various market conditions. Our thorough analysis of the top Forex robots covers essential categories such as developer experience and transparency, Forex robot features, trading strategy, package and pricing, and trading results. Our detailed breakdowns help you understand how each Forex EA operates and whether it aligns with your trading goals. How we test.

Popular Forex EA Guides

Daniel Thornton Author

Daniel Thornton

Daniel Thornton is the founder and lead analyst at EATested, specializing in Forex EA testing, strategy analysis, and automated trading system evaluation. He focuses on independent performance reviews, risk analysis, and transparency-driven research to help traders make informed decisions about Forex robots and Expert Advisors. Read full bio.

Join the EATested Insider List!

Get independent Forex EA reviews, verified trading results, exclusuve discount codes, new EA launch alerts, and scamwarnings - so you can choose better trading robots with confidence 😎

We don’t spam! Read our privacy policy for more info.

Scroll to Top