Forex Diamond Review

Forex Diamond Overview

Website: Forex Diamond Review
Price: $147
Refund: 60 Day Money Back Guarantee
Installation Support: None
Strategy: Trend Retrace, countertrend, and scalping
Number of traders per day: Not specified
Currency pairs: 4 major currency pairs
Fully Automated: Yes
Trading Platform: MT4 & MT5
Backtest: Yes
Live Account: Yes
Historical ROI: 4% ROI every month since 2019

The forex diamond looks really good providing all the important information necessary for this review.

an immediate glance shows that this is a fairly good forex robot; a good price, live account, and money-back guarantee.

they did a little touch on the strategy employed and that’s also a good sign for any serious forex robot.

my problem with this robot is that the backtest proof shows a gross loss. apart from that; it all looks good.

Read the forex diamond review below.

do well to check out my review of the best forex trading robots right now

Forex Diamond Strategy Review

Though not detailed; there’s a hint into what to expect in terms of this strategy been used by the forex diamond robot.

From trend retrace, counter-trend and scalping here’s an excerpt from the forex diamond website

“Since Forex Diamond EA can be set to use all three or just one of its trading strategies, you can rely on its ability to rapidly adapt to any market conditions without requiring constant tweaking and optimization”.

Back Testing(available)

A backtest proof is found on the website of the robot but it’s silly because the result shows a gross loss. That’s a red flag.

Live Results (Suspiciously Available)

There is a live account result for the forex diamond robot, but it looks suspicious. Its been a while since it placed a trade and then there’s no correlation between this live account and the backtest result which clearly shows the incompetence of this system.