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 EA 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 EA monitors the market for potential trend reversals using its Counter-trend Strategy once an opportunity is at target, Forex Diamond EA 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 EA 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
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 EA authors stated that the EA can earns 40x more money than it loses, what 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 in consideration that the results will vary after the size of your account, your distaste to risk, outside market factors, and your overall strategy.
EA is a unique integration of trend and counter-trend strategies, smart money-management, dynamic trading parameter configurations and rapid trade execution, implementing 3 advanced market domination strategies; secure after-retracement, secure countertrend and aggressive countertrend scalping strategies and designed to trade with 3 proven Forex trading algorithms.
GBPUSD and EURUSD are recommended while USDJPY and USDCHF are supported too.