Ever feel like you’re constantly glued to your trading screen, chasing every spike or dip? You’re not alone. The forex market never sleeps, and manually keeping pace with its twists can be exhausting—plus costly if you blink at the wrong time. That’s exactly why automated solutions like Forex Diamond EA exist… to take the heavy lifting off your shoulders. In this review, we’ll dive deep into the V6.5 update of this popular MT4 expert advisor, exploring how its combined trend and counter-trend strategies aim to deliver consistent results—even while you’re catching some Z’s or focusing on other tasks.


With thousands of users already trusting Forex Diamond EA since its debut, this bot has earned a reputation for smart logic and adaptive money management. But is V6.5 worth the hype? Stay with me as we unpack its core purpose, standout features, backtest performance, installation guide, and more—so you can decide if this is the missing piece in your trading arsenal.


Overview


Forex Diamond EA V6.5 is an automated trading robot built for MetaTrader 4 that merges trend-following with counter-trend tactics. Instead of relying on a single market approach, it dynamically shifts between strategies depending on evolving price action, volatility, and internal risk parameters.



  • Hybrid Strategy: Switches seamlessly between following the main market trend and fading minor retracements.

  • Adaptive Risk Control: Adjusts lot sizes and stop-loss levels based on current drawdown, aiming to protect your capital.

  • User-Friendly: Default settings optimized for popular pairs—no code edits needed.

  • Designed for M15 Charts: Balances signal quality with execution speed on 15-minute timeframes.


Whether you’re a full-time trader or someone looking for a “set-and-forget” solution, Forex Diamond EA aims to offer a turnkey experience. Just attach it to your MT4 chart, hit “Enable Auto Trading,” and let it go.


Forex Diamond EA V6.5 MT4Key Features


Here’s what makes Forex Diamond EA V6.5 stand out:



  • Dual-Mode Trading: Combines trend-following and counter-trend systems to capture moves in both directions.

  • Adaptive Money Management: Dynamically sizes positions based on account equity and recent performance.

  • Built-In Spread & Slippage Filters: Avoids trading during periods of wide spreads or high latency.

  • Equity Stop-Loss & Take-Profit: Global risk controls to prevent runaway drawdowns.

  • News Filter: Optional calendar integration that pauses trading around major economic releases.

  • Multiple Backtesting Options: Supports both fast M1-open backtests and accurate M15-every-tick simulations.

  • Trailing Stop & Breakeven: Locks in profits as trades move in your favor.

  • Partial Close Feature: Scales out of winning trades to secure gains while leaving room for further profit.

  • Magic Number Configurable: Run multiple instances on different pairs without conflicts.

  • User-Defined Trading Hours: Restrict trading to your preferred session windows.


Backtest Results


To validate an EA’s claims, robust backtesting is a must. Here’s a summary of Forex Diamond EA V6.5 backtest performance on a GBPUSD M15 chart over a 5-year period (2018–2023):



  • Initial Deposit: $10,000

  • Net Profit: +152%

  • Max Drawdown: 12.5%

  • Total Trades: 1,235

  • Win Rate: 68%

  • Profit Factor: 1.85


The equity curve demonstrates steady upward growth with relatively shallow dips—evidence that the built-in risk controls and dynamic strategy switching help smooth out volatility. Backtests using fast M1-Open data yielded similar profit figures, making strategy optimization quicker, while every-tick M15 tests confirmed accuracy.


In live-market conditions, users have reported comparable results on demo accounts, though real-money performance can vary based on execution quality, slippage, and broker environment. Always start with a demo to calibrate settings to your specific trading style and platform latency.


How to Install & Configure


Getting started with Forex Diamond EA on MT4 is straightforward:



  1. Download the EA: Grab ForexDiamondEA_v6.5.ex4 from your provider or the download link.

  2. Copy to Experts Folder: In MT4, go to File → Open Data Folder → MQL4 → Experts, then paste the EX4 file.

  3. Refresh or Restart MT4: Right-click Expert Advisors in the Navigator panel and select Refresh.

  4. Attach to Chart: Drag ForexDiamondEA V6.5 onto an M15 chart of GBPUSD (or any supported symbol).

  5. Enable AutoTrading: Make sure the AutoTrading button on the toolbar is green.

  6. Recommended Settings:



  • Risk Percent: 2

  • Max Spread: 20 pips

  • News Filter: On

  • Equity Stop: 10%

  • Trading Hours: 0–24 (or customize your session)


   7. Save Template: Right-click the chart → Template → Save Template so future setups load automatically.


Forex Diamond EA V6.5 MT4Why Choose Forex Diamond EA?


When dozens of MT4 expert advisors promise “easy profits,” why pick Forex Diamond EA?



  1. Proven Hybrid Logic: Not just trend or counter-trend—both at once, for diversified entry signals.

  2. Community Trust: Thousands of traders have tested earlier versions and vouched for its consistency.

  3. Continual Updates: V6.5 includes enhanced news filtering and precision lot-sizing.

  4. Free Support & Documentation: Comprehensive user guide plus responsive developer assistance.


In short, it’s a mature, battle-tested EA that caters to both novices and seasoned algorithmic traders alike.


Support & Disclaimer


Running an automated strategy doesn’t mean “set and forget forever.” Markets evolve, and so should your parameters. If you hit any snag—bugs, optimization questions, or broker-specific quirks—reach out via the developer’s support channels.


Ping Support:



Disclaimer: Past performance isn’t a guarantee of future returns. Always trade responsibly. Test on demo accounts before deploying live; adjust risk settings to align with your personal risk tolerance.


Conclusion & Call to Action


Ready to put Forex Diamond EA V6.5 to work for you? Download the MT4 expert advisor today, tweak the recommended settings, and watch as its hybrid trend-counter-trend logic aims to navigate market ups and downs—so you can reclaim your time without missing trading opportunities.


Grab your FREE Forex Diamond EA V6.5 now and start trading smarter!
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Happy Trading