Forex Diamond EA Review – Is It Scam?

Posted on Dec 19 2015 - 1:08am by Phillip Nguyen

Forex Diamond EA can be defined as an unusual mix of rapid trade execution, vibrant trading specification configurations, clever money management and countertrend and trend methods. It is a complete trading system for any currency traders who want trustworthy efficiency, precision and speed. It has actually been created to trade with 3 confirmed algorithms.

Algorithm 1

Forex Diamond EA uses its Trend– Retrace Signal Strategy to methodically execute rewarding trades. The algorithm patiently applies well vetted criteria to benefit from the marketplace trend while securing a trader’s gains.

Algorithm 2

The system implements its countertrend strategy to observe the marketplace for any possible trend reversals. Once a chance has actually been found, Forex Diamond EA will dynamically adjust its trading criteria to guarantee the profit potential of each trade has actually been made the most of.

Algorithm 3

Its countertrend scalping strategy leverages performed trades that are small spread with speed and accuracy. Forex Diamond’s trading system quickly changes users trading parameters to suit all markets including the most unpredictable.

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Forex Diamond EA Review – Product Details

Given that the system can be setup to use all or one of its trading methods, a user can rely on its ability to rapidly adapt to any market conditions without needing consistent optimization and tweaking. In the present day progressively fast-paced currency market, a trader will certainly require a thorough Forex trading system that can efficiently track market activities. The Forex Diamond EA system ought to likewise set the right trading specifications with minimal intervention and use the best method. Recovery Factor is utilized to determine an EA’s ability to earn more than it loses.

It is generally determined by taking a trader’s pip internet profit and then dividing it by the trader’s pip drawdown. For instance, if an EA earns a trader 10,000 pips and has a drawdown of 500 pips, then their EA’s recuperation aspect would be 20; which is 10,000 divided by 500. This is why Forex Diamond’s has a phenomenal recovery element of 40+. The developers were able to achieve this high performance score by building-in ingenious algorithms and trading devices.

The 40+ recuperation factor will imply that Forex Diamond makes 40 times more money than it loses. This makes it a market leading rating. The recuperation aspect makes the distinction between having a windfall and earning typical trading revenues. When they are integrated, these developments provide unbelievable performance that is literally unequaled in the industry.

The majority of the software available for trading manage a single aspect of a trader’s trading method. A good example is watching for market reversal signals or trading small spread opportunities. The issue with a single technique method is that it does not have a general technique that can be utilized to maximize every technique. Forex Diamond does not have this concern as each of its trading devices has been lined up with a general trading strategy. This means that every action will certainly collaborate with the remarkable outcomes being delivered.

Forex Diamond EA Review – Item Features

  • Profit protection system
  • High spread defense– High slippage protectionLess have to be optimized than other systems
  • Affordable dynamically computed take earnings and stop loss levels
  • Amazing 40+ recuperation factor– High trading frequency Self-updating algorithmDynamic trading logic
  • 3 independent trading systems

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Forex Diamond EA Review – Advantages

There are a variety of benefits that traders can experience when they make use of Forex Diamond. They are:

  • Self upgrading: Forex Diamond is usually upgraded as market conditions are changing. So it will certainly help a trader optimize their total method as it is constantly working and as much as date.
  • Profit security: It integrates a special trading reasoning, spread protection and high slippage defense to protect your revenues. Each of these features is sufficient to safeguard trading gains. When they are integrated, the trader receives triple protection which insures their hard-won and pocket gains.
  • Spread defense: A positive spread trading opportunity in extremely unstable markets can evaporate in minutes. Unless an EA can perform the trade instantly, an excellent trading opportunity can be rapidly relied on a loss. Forex Diamond EA does not require a trader’s intervention as it executes the trade after setting the ideal trading specifications. This capability will certainly imply a trader can lock in the earnings and capitalize on even the fastest spread chances.
  • High slippage defense: Profit is eroded by slippage. A defective, EA’s that fail to carry out and determine trades quickly, is one of the reason for slippage. When there is high volatility trading sessions with cost changes and quick market turnarounds, slippage occurs regularly. Forex Diamond has been enhanced to carry out trades at the ideal minute and quickly with the result of decreasing the possibility of slippage with any trade.
  • Low optimization required: Other EA’s requirement more optimization than Forex Diamond. One of things that traders hate is spending a great deal of time manually enhancing their trading bot. there are numerous trading bots that require daily manual optimization. Forex Diamond takes care of itself by computing trading specifications that are based upon the current market conditions. It is likewise developed to require minimal optimization which enables the trader to spend more time earning and less time babysitting.
  • High frequency trading: Forex Diamond will work hard to develop a trader’s account position. Its exclusive trading algorithms are capable of carrying out more than 1200 trades each year. The Forex Diamond EA system excels at profitably and gradually growing a trader’s account.
  • Quick help desk support: A team of client service experts has actually been assembled and is ready to answer any concern an interested party might have about their software application. Their objective is to ensure traders spend time trading instead of handling technical concerns. Although the included instructions are really simple to follow and the software is user friendly, the help desk exists to answer any question a trader might have.
  • Optimal finance: It systematically tracks a trader’s open trading positions and closes each of them out at ideal revenue levels.

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Forex Diamond EA Review – Disadvantages

Presently, there has not been any disadvantage associated with Forex Diamond EA system.

Forex Diamond EA Review – Conclusion

If the system can carry out according to what the developers have stated, it is a system worth having. That is has a 60– day cash back warranty reveals that the developers of The Forex Diamond have their faith placed on the software application.

Forex Diamond EA Review - Is It Scam?

Forex Diamond EA Review – Is It Scam? at: January 22nd, 2016 by Phillip Nguyen

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