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Diamond Scalping MT4

4.5
Only 1 sales left before the next price increase! Next price is: $2033

MT5 version can be found here

*** By purchasing this EA, you will receive a free 1-day HFT pass to the Prop firms. For details, please message below chat channel. *** 

Join channels to receive notifications and the latest updates: https://www.mql5.com/en/channels/diamondscalping

To succeed in the trading market, there are two approaches:

You can win a lot with a high win-rate and small risk-reward ratio (RR).
You can win less with a low win-rate but a high risk-reward ratio (RR).
Different strategies will yield different ratios, but with approach 2, most traders in the market will become frustrated due to the low success rate. Only a few traders will be able to overcome that emotional challenge and avoid giving up, leading to losses and quitting.

This is where Diamond Scalping EA comes in to address that issue. The EA adopts approach 1, which helps investors feel more psychologically comfortable when using the EA. The EA generates small but consistent profits on a weekly, monthly, and yearly basis.

Important: Please contact us directly through PM (Private Message) after you have purchased the product to receive additional information and extras.

EA Description:
The EA utilizes a trading strategy based on price action.
It employs various strategies such as breakout, first pullback, break-out and retest, and stop hunt to identify the best and highest win-rate entries.
The EA uses a fixed stop loss for each trade to ensure account safety.
Trailing stop and breakeven are employed to help the account grow steadily over time and ensure profitability in most of the trading orders.
The EA allows setting the opening and closing time of trades within a day to customize the timeframe that suits you best.
Risk management can be tailored using options such as lots, money, and percentage of the account.

Recommendations:
Trading instrument:
Minimum deposit: $100
Working timeframe: M15 or higher
Account type: ECN (use a recommended partner broker with a partner code to get spread 0 pips) 
Fast VPS Server

Input Parameters:
_EANAME: Diamond Scalping Forex EA MT4

StartHour: Set the start hour for trading time.
StartMinute: Set the start minute for trading time.
FinishHour: Set the end hour for trading time from Tuesday to Thursday.
FinishMinute: Set the end minute for trading time from Tuesday to Thursday.
TradeOnMonday: Enable/disable trading on Monday.
TradeOnTuesday: Enable/disable trading on Tuesday.
TradeOnWednesday: Enable/disable trading on Wednesday.
TradeOnThursday: Enable/disable trading on Thursday.
TradeOnFriday: Enable/disable trading on Friday.
TradeOnSunday: Enable/disable trading on Sunday.

MoneyManagement: Set the money management method (Fixed lot size, Fixed money, Fixed percentage).
FixedLotSize: Set the number of lots size.
FixedAmount: Set the amount of money size.
RiskPercentage: Set the percentage size.
MagicNumberBuy: Set the magic number for buy orders.
MagicNumberSell: Set the magic number for sell orders.
CommentBuy: Set the comment for buy orders.
CommentSell: Set the comment for sell orders.
MaxSpreadInPips: Set the maximum allowed spread for opening orders.
MaxOpenTrades: Set the maximum number of open orders at the same time.

Backtest Instructions:
Symbol: EURUSD or USDJPY
Timeframe: M15
Modeling: Minimum 'Every Tick' is recommended if you are testing with trailing profit.
Deposit: Minimum $100 is recommended.
Leverage: Any

Support:
I am always available. Feel free to contact me via a personal message.

Before buying this product, please ensure you understand the risks involved with trading, and remember that past performance is no guarantee of future results.
Reviews 8
Truong Phuc Nguyen
127
Truong Phuc Nguyen 2024.05.07 04:26 
 

The seller helped me a lot with my questions, the bot worked very well, it was worth the money to buy

Manfredo2003
36
Manfredo2003 2024.01.25 13:08 
 

Very good EA, using this since Nov 23 and got nice and steady results!

Quoclam
123
Quoclam 2023.11.30 06:02 
 

I like the way this EA works. Thank you.

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1 (1)
ALGO V3 EA is developed with over a year of intense research and testing. This expert advisor employs multi-timeframe volatility measurements, analyses intentions of market participants and anticipate price movements before they occur with help candlestick patterns, and supply & demand analysis for accurate entries that are highly reactive to market price movements of Gold, breaking out at critical price levels. Gold Mana is proven to be resilient for more than 3 years with stable trading throug
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Marve Edom Agbor
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CHECK COMMENTS SECTION FOR BACKTESTING PARAMETERS.. The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO The ChimeraFxTool Best EA for Prop Firms (MFF/FTMO)   - No Martingale   - No Grid   - No Hedging Best Risk Management   - Daily Loss limit   - Stop loss and TP protections Best Profit Factor   - Daily Max Profit Lock Protection   - Monthly Profit Lock Protection Best Signal Accuracy    - Best candle Patterns    - Best timed Response     Strategy    - Trend Tracker
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Smart Advisor Calculation is designed for a very interesting method that is able finally to give the martingale a new positive way! At startup the Expert Advisor sets virtual orders and trades like the real deal. As soon as the drawdown of virtual orders reaches the set number, the robot immediately enters the market for real orders! Thus the price is going without setbacks such as 30-70 pips, with great probability will kick back at the entrance to the market! This is used by a robot! If the pr
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After a thorough work and search for the optimal values of each of the Expert Advisor's parameters, the most stable settings of the algorithms have been selected, which do not require over large history periods. The robot uses a universal trading strategy, allowing the use of the currency pairs EURUSD, GBPUSD, USDCHF, USDJPY and other pairs with low spread. The EA trades on a 5-minute timeframe , it uses levels defined automatically on the bases of multiple parallel price movement calculation me
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Nikolaos Bekos
The Avato is one of our standalone tools. (A Signal based on it will also be provided on Mt4 Market in the future). It is designed around a combined form of hedging and martingale techniques and uses sophisticated algorithms and filters to place the trades. It uses Stop loss and Take profit levels while Lot size is calculated automatically following the according multiplier settings. We consider it a toolbox for every seasoned trader. Made with Gold market in mind, it can be tested in other inst
AreaFiftyOne
Valeri Balachnin
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
Note : the spread value,  the broker's slippage and the VPS speed affect the Expert Advisor trading results. Recommendations: gold with spread up to 3, USDJPY with spread up to 1.7, EURUSD with spread up to 1.5. Results will be better with better conditions. The Ping value between VPS and the broker server should be below 10 ms. In addition, the smaller the broker's stop-level requirement, the better; 0 is the best. The Expert Advisor is based on a breakthrough system and carefully controls all
This Expert Advisor trades flat breakouts. The EA plots a channel between important levels, or at a specified distance from the current price. As soon as the price start moving, the robot starts working. The recommended timeframe is H1 or above, currency pair - any. You can set the EA operation time in the settings. The EA is recommended for working during string market volatility or during news releases. This will allow you to avoid drawdown and will have a good effect on trading. Channel Power
Perfection
Mikhail Senchakov
Perfection is a multicurrency, fully automated and secure trading robot. The robot is designed for both portfolio trading and trading a single instrument. The EA does not use averaging methods, the volume of positions is strictly regulated. Orders are opened only in the direction of market movement in a grid. Due to this, the robot operates efficiently on any strong movements. The decision making algorithm does not use indicators. Instead, the robot automatically calculates the key levels, which
Ssgy EA
Aleh Rabtsau
The Ssgy EA generates the main signal based on 10 indicators. The trading strategy has been tested manually and has shown excellent results on a real account, after which it was decided to automate the whole process and entrust the work to a robot. The robot trades only in the direction of the trend, trying to determine its beginning and end. If the trend reverses, the open orders are managed by a double safety grid, allowing you to exit the received drawdown. The recommended minimum deposit is
Helmsman JXR
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This Expert Advisor trades on the active market. The robot virtually analyzes the chart setting two levels at a specified distance from the price. Upon expiration of 5-15 seconds (set in the parameters), the levels are re-set. As soon as the price starts moving very fast and breaks through one of the levels, a buy or a sell order is placed at once depending on what level has been broken (upper one - buy, lower one - sell). The EA has a strict stop loss (if the bar the order has been opened at is
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Truong Phuc Nguyen
127
Truong Phuc Nguyen 2024.05.07 04:26 
 

The seller helped me a lot with my questions, the bot worked very well, it was worth the money to buy

Ja Vill
326
Ja Vill 2024.02.10 06:29 
 

Try this EA on DEMO account before on live account otherwise your account will be gradually depleted until it turns out to nothing.

06/06/24 - try to make the SL/TP dynamic on the next update then this would be better.

Lo Thi Mai Loan
9814
Reply from developer Lo Thi Mai Loan 2024.02.10 07:23
I don't know how long you've been running, but here's the live result. https://www.mql5.com/en/signals/2012342?source=Site+Profile+Seller This is a real account, not a demo If you only run it for a few weeks and the settings are not correct then you cannot evaluate the results. Let's look at real reality
Manfredo2003
36
Manfredo2003 2024.01.25 13:08 
 

Very good EA, using this since Nov 23 and got nice and steady results!

Quoclam
123
Quoclam 2023.11.30 06:02 
 

I like the way this EA works. Thank you.

Lo Thi Mai Loan
9814
Reply from developer Lo Thi Mai Loan 2023.11.30 08:28
Thank you very much
Gimel Abayon Roda
335
Gimel Abayon Roda 2023.11.06 09:35 
 

A day after I bought this ea, I was surprised to see my account gained 47.60pips which is equal to 9.20% growth. I used the default setting except for the trade size. The drawdown was very low, around 0.5%. The SL and TP are reasonable and wisely crafted by Mr. Lo. The entry point of the trade is really based on a proven and reliable strategy. I also appreciate the support of Mr. Lo and for his hardwork in crafting this ea. A reliable ea like this deserves to receive more than five stars.

Lo Thi Mai Loan
9814
Reply from developer Lo Thi Mai Loan 2023.11.11 15:27
Thank you for your review. I always strive to provide the best service to our customers.
David Kubach
751
David Kubach 2023.10.27 07:12 
 

Good ea thats profitable. good for prop firm. Just requires adjustment of stoploss & takeprofit to suit your strategy/risk

Can be used on any pair or asset

mendell8
101
mendell8 2023.08.04 02:57 
 

User didn't leave any comment to the rating

Lo Thi Mai Loan
9814
Reply from developer Lo Thi Mai Loan 2023.08.04 03:57
Many thanks
Song Giyeong
604
Song Giyeong 2023.08.02 06:37 
 

User didn't leave any comment to the rating

Lo Thi Mai Loan
9814
Reply from developer Lo Thi Mai Loan 2023.08.03 11:13
Thank you very much for your review.
Reply to review
Version 1.2 2023.08.21
Version 1.2
- Add custom time filter Monday, Friday
- Add recovery mode
- Add custom take profit, stoploss, trailing stop
Version 1.1 2023.08.07
- Updated news filter