Donna Forex Forum

Systems (EA's and manual), and Managed Accounts => EA's (automated systems), and associated items (VPS, support/questions) => Topic started by: Anchorpoint on November 22, 2013, 01:11:57 PM

Title: Forex Diamond EA
Post by: Anchorpoint on November 22, 2013, 01:11:57 PM
This is a new EA trading GU from the creators of Wall street to be launched within a few weeks time:

Forex Diamond EA

Forward test here:

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824)
Title: Re: Forex Diamond EA
Post by: reinerh on November 22, 2013, 04:40:14 PM

their backtest has like 2.3 showing as max dd

live forward like 12%

thats quite a difference, none or less it seems to be quite good from what i can tell.
Title: Re: Forex Diamond EA
Post by: LFN on November 22, 2013, 04:47:17 PM
The myfxbook is hardly moving for the last 4 months.
At least nice to see that long forward test before putting out the EA.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on November 22, 2013, 06:52:27 PM

their backtest has like 2.3 showing as max dd

live forward like 12%

thats quite a difference, none or less it seems to be quite good from what i can tell.

No that backtest is with fixed lots. With 1% risk BT DD is around 10%, have  a look again at their website
Title: Re: Forex Diamond EA
Post by: forexfish on November 22, 2013, 08:44:16 PM

their backtest has like 2.3 showing as max dd

live forward like 12%

thats quite a difference, none or less it seems to be quite good from what i can tell.

No that backtest is with fixed lots. With 1% risk BT DD is around 10%, have  a look again at their website

The reference account has approx 1.5% profit in the last 4 months.  The recent 4 months period was not good as compared to previous 4 months period ?

What is the key difference between this v Wall Street and Volatility Factor ?   

All these trades GU pair.
Title: Re: Forex Diamond EA
Post by: reinerh on November 23, 2013, 07:12:40 PM

their backtest has like 2.3 showing as max dd

live forward like 12%

thats quite a difference, none or less it seems to be quite good from what i can tell.

No that backtest is with fixed lots. With 1% risk BT DD is around 10%, have  a look again at their website

oh yes, i seen it now. then thats sure allrighty then.
Title: Re: Forex Diamond EA
Post by: Star on November 23, 2013, 07:15:51 PM
I was reading their website and several times they mention about signals.Is it a real fully functioning ea or are they hiding the fact that they will be sending signals ?
Title: Re: Forex Diamond EA
Post by: Bumblebee- on November 24, 2013, 04:42:00 AM
Just wonder what is the results if he used (MM:1% risk + Recovery Mode=On) for 14yrs backtest. (forget about 2%risk, DD should be even largest)
All the backtest with Money Management+ Recovery only start from yr 2010-2013, this is too short. This can be easily done by just optimize or it can be curve fitted only in that particular periods. 
Title: Re: Forex Diamond EA
Post by: compujock on November 24, 2013, 05:00:20 AM
The reference account has approx 1.5% profit in the last 4 months.  The recent 4 months period was not good as compared to previous 4 months period ?
Also, I notice the live account started and ran for awhile with almost double the lot size. Then they lowered the lot size almost in half in June. (.15 lots for awhile, and then down to .08)

Another vendor trying to rig the average monthly profit by pumping up the starting risk?
Title: Re: Forex Diamond EA
Post by: phoebus on November 25, 2013, 10:29:54 AM
A new EA from the Wallstreet Robot developers? I will definitely give it a try, since the Wally is the best performer in my portfolio. I wish you success guys!
Title: Re: Forex Diamond EA
Post by: LFN on November 25, 2013, 11:23:36 AM
A new EA from the Wallstreet Robot developers? I will definitely give it a try, since the Wally is the best performer in my portfolio. I wish you success guys!
How many trades have you on eur33 setting in October and November?
Title: Re: Forex Diamond EA
Post by: phoebus on November 25, 2013, 03:28:09 PM
A new EA from the Wallstreet Robot developers? I will definitely give it a try, since the Wally is the best performer in my portfolio. I wish you success guys!
How many trades have you on eur33 setting in October and November?

Only one ... I will contact them to ask what is the reason.
Title: Re: Forex Diamond EA
Post by: [GooSe] on November 25, 2013, 03:51:25 PM
Can someone tell me what they mean with "+40 Recovery Factor". I have no clue at all!
Title: Re: Forex Diamond EA
Post by: krisz on November 25, 2013, 04:02:39 PM
A new EA from the Wallstreet Robot developers? I will definitely give it a try, since the Wally is the best performer in my portfolio. I wish you success guys!
How many trades have you on eur33 setting in October and November?

Only one ... I will contact them to ask what is the reason.
I don't think it has any special reason... market didn't move that way to trade with eur33. Official account had also just one trade for EURUSD.
Title: Re: Forex Diamond EA
Post by: mikepipmaker on November 26, 2013, 03:25:51 AM
Can someone tell me what they mean with "+40 Recovery Factor". I have no clue at all!

from the vendor site:
For example: If your EA earns 10,000 pips and has a 500 pips drawdown, then your EA's Recovery Factor would be 20. [10,000/500]

This is could be considered as misguiding figure. The pips earned could be over a period of 5 or 10 or 15 years. The DD can ocur at any one or all years multiple times. better would be to use average annual expected pip gain / max dd to bring out this figure  :D

if the ea makes an average of 3000 pips per year and max dd is 500, the maybe the recovery factor can be 3000/500 = 6  :P
Title: Re: Forex Diamond EA
Post by: forexfish on November 26, 2013, 03:38:48 AM
Can someone tell me what they mean with "+40 Recovery Factor". I have no clue at all!

from the vendor site:
For example: If your EA earns 10,000 pips and has a 500 pips drawdown, then your EA's Recovery Factor would be 20. [10,000/500]

This is could be considered as misguiding figure. The pips earned could be over a period of 5 or 10 or 15 years. The DD can ocur at any one or all years multiple times. better would be to use average annual expected pip gain / max dd to bring out this figure  :D

if the ea makes an average of 3000 pips per year and max dd is 500, the maybe the recovery factor can be 3000/500 = 6  :P

@mikepipmaker

Thanks for your comments.

Do you have any idea, how is it different than WSFR or VF ?

I have WSFR but am not running at present, if no major difference in this than WSFR then no point to think on this ?
Title: Re: Forex Diamond EA
Post by: mikepipmaker on November 26, 2013, 04:27:35 AM
@mikepipmaker

Thanks for your comments.

Do you have any idea, how is it different than WSFR or VF ?

I have WSFR but am not running at present, if no major difference in this than WSFR then no point to think on this ?

Honestly, i am as good as a newbie to wally... my first stint between 2011 to august 2012 did not go well and i had dropped it. got started again in june-july this year  after seeing the new settings do well. so far its only been seeing good success with GU pair.. EU is almost dormant. acc is up 8% since my restart in june  ;D

from what i see, it is just a guess that the new ea could be a spin off from wally..  good thing is it trades more frequently.  so that is a major diff....  the problem with wally has always been trades not matching up with vendor for me.. but that is to be expected with the scalping style ea's. I will probably wait for some feedback from friends here... would also want to see some tests run suing same setting on EU - could provide a indication if it can handle market/price actions changes  8)
Title: Re: Forex Diamond EA
Post by: Bumblebee- on November 26, 2013, 05:00:23 AM
The reference account has approx 1.5% profit in the last 4 months.  The recent 4 months period was not good as compared to previous 4 months period ?
Also, I notice the live account started and ran for awhile with almost double the lot size. Then they lowered the lot size almost in half in June. (.15 lots for awhile, and then down to .08)

Another vendor trying to rig the average monthly profit by pumping up the starting risk?

They started trading the account on Feb 2013. If you go to the page at the upper right corner "custom analysis" set to the date start from Feb2013.
Seems they are still adjusting the setting in their live account?
One thing is that, unlike ERU33&GBP30, Forex Diamond SL are not consistent, some 45, some 70, some 90..etec
Title: Re: Forex Diamond EA
Post by: [GooSe] on November 26, 2013, 09:19:54 AM
Can someone tell me what they mean with "+40 Recovery Factor". I have no clue at all!

from the vendor site:
For example: If your EA earns 10,000 pips and has a 500 pips drawdown, then your EA's Recovery Factor would be 20. [10,000/500]

This is could be considered as misguiding figure. The pips earned could be over a period of 5 or 10 or 15 years. The DD can ocur at any one or all years multiple times. better would be to use average annual expected pip gain / max dd to bring out this figure  :D

if the ea makes an average of 3000 pips per year and max dd is 500, the maybe the recovery factor can be 3000/500 = 6  :P

Thanks!
Strange stuff of showing almost nothing useful.
Title: Re: Forex Diamond EA
Post by: compujock on November 26, 2013, 02:25:40 PM
Hmm...  I see they took the live account off their home page now.  :-)
Title: Re: Forex Diamond EA
Post by: fxman on November 27, 2013, 01:40:51 PM
Forex Diamond is looking good and have a strong trading system as mentioned in their website and as the forward test showing. I wish it will not breakdown like some other EA. I think custom start date in myfxbook live account should be changed. It is creating question in mind. I think the result is still good if you change the custom date.
How the recovery 40 will be calculated? There is a answer in the site but my question is there any time factor there. If not then this recovery factor is not any special one to mention.
Title: Re: Forex Diamond EA
Post by: fx.mstr on November 30, 2013, 07:05:25 AM
It seems that these multi-currency pair HFT EAs are getting more and more popular. Iprofit EA, Forex Kinetics and now Forex Diamond. The vendors seem to steal ideas from each other. Nonetheless none of them prooved to be consistently profitable.
Can someone tell me the main similarities and differences of these EAs?

It is funny to see how the history repeats itself. When one or two scalping EA becames popular all the other vendors released scalping EAs, The same happened not long ago with the so called volatility breakout or trend follower EAs after FGB became popular and now this multicurrency HFT thing comes the new thing. And I almost forgot to mention the MDP-like HFT EAs that worked well for a period of time, until the market became overhelmed with them and the big guys decided to get rid of them.

I think the main problem cames exactly when the market is getting overhelmed with similar strategies and that's when they lost their edge. Volatility breakout EAs have worked well until Robin and Pips Bag and all the other FGB copies came out. And these HFT EAs are even more vulnerable due to their execution and spread sensitivity.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on November 30, 2013, 08:30:30 AM
It seems that these multi-currency pair HFT EAs are getting more and more popular. Iprofit EA, Forex Kinetics and now Forex Diamond. The vendors seem to steal ideas from each other. Nonetheless none of them prooved to be consistently profitable.
Can someone tell me the main similarities and differences of these EAs?

It is funny to see how the history repeats itself. When one or two scalping EA becames popular all the other vendors released scalping EAs, The same happened not long ago with the so called volatility breakout or trend follower EAs after FGB became popular and now this multicurrency HFT thing comes the new thing. And I almost forgot to mention the MDP-like HFT EAs that worked well for a period of time, until the market became overhelmed with them and the big guys decided to get rid of them.

I think the main problem cames exactly when the market is getting overhelmed with similar strategies and that's when they lost their edge. Volatility breakout EAs have worked well until Robin and Pips Bag and all the other FGB copies came out. And these HFT EAs are even more vulnerable due to their execution and spread sensitivity.

This is not a multi currency EA. It trades GU
Title: Re: Forex Diamond EA
Post by: mikepipmaker on November 30, 2013, 08:45:09 AM
anchorpoint is right... also it trades three strategies on one pair.

iprofit trades 5  different pairs with single strategy. It is actually not making high freqency trades on any particulr pair like what fx diamond does... but the total number of trades over five pairs make it look like it is trading like a hft system  :P

i would like to see how fx diamond does on EU pair.. would give some idea about what the stategy is going to see in future  :-\

I think the trem hft is more relative. For a manual trader like mw 20 trades a week is a lot. Robin vol, in good days can easily make 20 odd trades a week. mdb can also do that. I think it is more to do with style of trading rather than actual number of trades  :D
Title: Re: Forex Diamond EA
Post by: fx.mstr on November 30, 2013, 01:13:38 PM
It seems that these multi-currency pair HFT EAs are getting more and more popular. Iprofit EA, Forex Kinetics and now Forex Diamond. The vendors seem to steal ideas from each other. Nonetheless none of them prooved to be consistently profitable.
Can someone tell me the main similarities and differences of these EAs?

It is funny to see how the history repeats itself. When one or two scalping EA becames popular all the other vendors released scalping EAs, The same happened not long ago with the so called volatility breakout or trend follower EAs after FGB became popular and now this multicurrency HFT thing comes the new thing. And I almost forgot to mention the MDP-like HFT EAs that worked well for a period of time, until the market became overhelmed with them and the big guys decided to get rid of them.

I think the main problem cames exactly when the market is getting overhelmed with similar strategies and that's when they lost their edge. Volatility breakout EAs have worked well until Robin and Pips Bag and all the other FGB copies came out. And these HFT EAs are even more vulnerable due to their execution and spread sensitivity.

This is not a multi currency EA. It trades GU

I am sure of that they have mentioned 4 pairs in their FAQ when I have checked it first. Now there is only GBPUSD there. Interesting.
Another thing that a little bit bothers me concerning this vendor is that once I asked them whether they are the vendor of Forex Combo Systems as well because the website of Wally and Combo look very similar and they denied any connecton, but I konw that for fact they are behind Combo as well. Why did they deny it then?
Title: Re: Forex Diamond EA
Post by: mikepipmaker on November 30, 2013, 02:59:41 PM
could be... combo evolving into wally... and then diamond...   but there is only more speculation that we can do about all these.

i guess it becomes more about a game of change and trust vendor and your judgement/luck....  ::)
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 01, 2013, 06:31:56 AM
could be... combo evolving into wally... and then diamond...   but there is only more speculation that we can do about all these.

i guess it becomes more about a game of change and trust vendor and your judgement/luck....  ::)

Yes, it is more about the trust of the vendor. Actually I do not use any of their 4 EAs but it is partly due to the lack of trust and the performance is just the other half of the whole. If a vendor is not honest I do not really care how well his product performs. Maybe the problem is with me as I try to understand things and it bothers me that I do not know why they denied the connection between Combo and Wally. Even their websites are almost identical.
Title: Re: Forex Diamond EA
Post by: phoebus on December 01, 2013, 09:45:54 AM
Could you share with us, which EA vendors do you trust? By my opinion only the live results maters, all other is BS talks.
Title: Re: Forex Diamond EA
Post by: mikepipmaker on December 01, 2013, 11:00:24 AM
Could you share with us, which EA vendors do you trust? By my opinion only the live results maters, all other is BS talks.

I think each person would have their own personal level of trust on each vendor. Some you trust, some you are always doubtful about and then there will be some who you would be convinced as scam the minute you hear/see them for first time. It would be tough to make a logical/numerical check sheet for this - but not impossible.

I also agree that live results are the only one that matters.... But consider this  ;)

As an extreme case study.... if we considered making a decision in mid-August based only on live results:

Trusted vendor would be Kings EA : till it blew account later on
http://www.myfxbook.com/members/my_ea/king-ea/639937 (http://www.myfxbook.com/members/my_ea/king-ea/639937)

Not trusted vendor would be Robin : Since was in DD during the same period.
http://www.myfxbook.com/members/fmonera/robin-vol-official-axi/602706 (http://www.myfxbook.com/members/fmonera/robin-vol-official-axi/602706)

Obviously the opposite would be true. It was just matter of luck (for the innocent trusting traders) that kings ea blew in a months time.. it could have gone on upwards very easily for 3 or maybe even 6 months sucking in more and more traders into "black hole"... but the blow out would be inevitable.

The thing here is NOT about the strategy or loss or blow out...  but the way the vendor projects their product, support and honesty.

kings ea for example, is known to have been a serial "seller". If he was very lucky, the live test could have gone great for another couple of months and he would be the greatest guru trader and vendor of all time.

FGB inspite of being a good product and having a good live performance for almost 2 years would not qualify as a trusted vendor - mainly due to lack of support/bad quality of product and no development, proper information or confidence provided by vendor  >:(

and then there are vendors like BBEA and Forex pip bag who have a great presense here until worst case happens and they disappear  :(

My personal list of trusted vendors is : phibase, robinvol, wall street, Spider (a trader basically - not the best of developers so give him a long leash), Wildfire and a few more like these  :-[

It is a different matter if I run or track the ea's made by my trusted vendor list - this will only depend how comfortable i am with the strategy. But since it is from my trusted list - I can leave all the other aspects like short term live performance proof, refund schemes, price, validity of backtest, hype/no hype on website. etc.  I just concentrate on the strategy and see if it is going make sense for me investing the EA cost + max dd seen in back test  8)

Decision making is made simpler.  at least this is how we manage factory floor andinventory, supplies, etc. Vendors and work force are pre-screened, trained and trusted. It is easy to pick up what you want when you need it  ;)  after all a ea is nothing but a trained worker who can do a certain task in a way he is been trained to do. If we put a plumber in a electrical job he is likely to burn up the place  ;D   
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 01, 2013, 11:42:58 AM
Could you share with us, which EA vendors do you trust? By my opinion only the live results maters, all other is BS talks.

The honest ones. From my point of view money is not everything. It is important but not everything. Would you trust anyone you caught on lie?
By the way does it really matter how many EAs belong to him? Why does he feel the need to lie about it?
If the EAs are profitable it brings him more reputation if the public knows they belong to him. In this case there is no point to lie about it.

Another example: Kangaroo EA. It is one of the most profitable commercial EA but the vendors are banned from DF forum because they were dishonest and tried to fool the forum members here. Donna banned them regardless of the performance of their EA. That's why I respect her big time. Because not only the "money talks".
Title: Re: Forex Diamond EA
Post by: 999cjb on December 01, 2013, 12:36:51 PM
Could you share with us, which EA vendors do you trust? By my opinion only the live results maters, all other is BS talks.

The honest ones. From my point of view money is not everything. It is important but not everything. Would you trust anyone you caught on lie?
By the way does it really matter how many EAs belong to him? Why does he feel the need to lie about it?
If the EAs are profitable it brings him more reputation if the public knows they belong to him. In this case there is no point to lie about it.

Another example: Kangaroo EA. It is one of the most profitable commercial EA but the vendors are banned from DF forum because they were dishonest and tried to fool the forum members here. Donna banned them regardless of the performance of their EA. That's why I respect her big time. Because not only the "money talks".

Surely a trusted vendor and a DF verified vendor should be one and the same thing. If not, why not?

Ok so I may have an axe to grind here but in order to gain trust a vendor must have a track record of being honest and open about his products and performance. Vendors who introduce product after product, changing the names as they go and pretending their previous products never existed do not deserve anybody's trust.

But a trusted vendor may not have a perfect record of producing profitable EAs. In fact this is extremely unlikely as more than 99% of EAs are failures. Of course profitability over a long time period in live accounts is great but admitting mistakes, saying sorry and continuing to try hard wins trust.
Title: Re: Forex Diamond EA
Post by: phoebus on December 01, 2013, 12:37:03 PM
Quote
The honest ones. From my point of view money is not everything. It is important but not everything. Would you trust anyone you caught on lie?
By the way does it really matter how many EAs belong to him? Why does he feel the need to lie about it?
If the EAs are profitable it brings him more reputation if the public knows they belong to him. In this case there is no point to lie about it.

Can you show a proof, when you accuse someone in dishonesty?
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 01, 2013, 01:05:35 PM
Quote
The honest ones. From my point of view money is not everything. It is important but not everything. Would you trust anyone you caught on lie?
By the way does it really matter how many EAs belong to him? Why does he feel the need to lie about it?
If the EAs are profitable it brings him more reputation if the public knows they belong to him. In this case there is no point to lie about it.

Can you show a proof, when you accuse someone in dishonesty?

You asked a question, I just answered. Why do not you do the same and answer my questions? I did not accuse anyone, we just talk about honesty, but it seems this subject has found your achilles.
Title: Re: Forex Diamond EA
Post by: mikepipmaker on December 01, 2013, 01:29:47 PM
Can you show a proof, when you accuse someone in dishonesty?

It is very difficult to prove... and mostly futile.

I once had a doubt that EuroSmarter,Cleaner, BBEA, PipBag  all belonged to same person - eurosmarter. It was funny to see different vendors had exactly same website provider, same privacy provider and a common factor being EuroSmarter in some way or other.  it was nothing but speculation on my part...  :-[

Then when iProfit was released I was almost convinced that the startegy provider or partner of Phibase was EuroSmarter - this was again based on similar kind of test that EuroSmarter was running public at that time. Phibase came out and gave cleared the doubt - I trust them, so even that is settled now  :D

Except Fmonera and Donna who teamed up to sell robin vol, I dont thing we can have a vendor with physical office or personal presense.  There may be others, but I may not be aware  8)

Hammy had doubts that I was connected to phibase... the felling was mutual and funny at the same time, since I was almost convinced that Hammy was connected to Tom's EA  ;D  ... . again both clarified and cleared.  ;D

Speculation comes in to our mind very easily - it is up to the vendor or anyone involved to either clear or ignore it.  It is in our side if we remain doubtful or take the word of a online vendor. When we are willing trust accounts worth thousands into the peice of software a onine vendor provided us for a couple of 100 bucks... it does not make sense not trusting your online vendor's words. Its a virtual world.... the rules and logic of real world does not work directly here...  ;)
Title: Re: Forex Diamond EA
Post by: hammy on December 01, 2013, 01:57:43 PM
Mike,

I was joking when saying you were connected to Phibase
I still don't understand your willingness to support such poor EAs that will never make you money.
All their products are out of date strategies based on old backtests, that don't work in todays market, and maybe never will.

sorry to be off topic here, but I saw my name mentioned here and needed to clarify.

cheers !.. :)
Title: Re: Forex Diamond EA
Post by: mikepipmaker on December 01, 2013, 02:25:33 PM
Mike,

I was joking when saying you were connected to Phibase
I still don't understand your willingness to support such poor EAs that will never make you money.
All their products are out of date strategies based on old backtests, that don't work in todays market, and maybe never will.

sorry to be off topic here, but I saw my name mentioned here and needed to clarify.

cheers !.. :)

Sure, mate. I know it it was a joke and it was was funny that i had similar thought on you... it was just all the trading that was getting to our heads.. speculation in everything  :P

While this is not the thread to discus other products, i would in general say that wally and my other ea's have been doing well even in this tough market conditions - without grid style I may add.  I dont think these are out dated... but strategies that I feel comfortable trading... i certainly cannot see 20% or 80% floating dd. It finally depends on the trader which tool he is comfortable with.... a construction worker used to a sledge hammer will obviously scoff at the rubberised hammer/brush being used by an archeologist.... and vice versa... each job/guy needs his own tool  ;)
Title: Re: Forex Diamond EA
Post by: Anchorpoint on December 02, 2013, 02:27:25 PM
Tough day today for this EA, -8.6% : http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824)

Not a good start for the launch of this EA which is said to be in a couple of days..
Title: Re: Forex Diamond EA
Post by: LFN on December 02, 2013, 05:57:08 PM
Tough day today for this EA, -8.6% : http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824)

Not a good start for the launch of this EA which is said to be in a couple of days..

Equity is back to levels from the beginning of June!
Title: Re: Forex Diamond EA
Post by: mikepipmaker on December 03, 2013, 04:28:14 PM
I dont mind a EA losing some trades...  but get pissed off when vendor decides to make it private when I am tracking some thing closely.

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real/729824)

is private now  >:(

The account was down close to 11% this last couple of days... was very interested in seeing how the open trades floating with dd  was going to be handled..... but alas... i will just have to make the tough guess now  ???

Lucky us traders... imagine getting started and getting down 12% on the first day.... i bet not many would have been happy  :(

Decided to pass this one guys... will quit on this  :-X Good luck all!
Title: Re: Forex Diamond EA
Post by: Anchorpoint on December 03, 2013, 04:40:54 PM
Vendor has now another account public: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691) 
For some reason this account doesn't have the recent bad losses..
It also uses custom start date so here is the real story: http://gyazo.com/0ac7b6f84f7dfc68b84e7b4ea68eb0c3 (http://gyazo.com/0ac7b6f84f7dfc68b84e7b4ea68eb0c3)

Not very convincing practice from vendor - and performance of this EA seems quite lackluster ..
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 03, 2013, 04:47:52 PM
Quote from: phoebus
By my opinion only the live results maters, all other is BS talks.


You are right. That is what matters.  ;)


Can you show a proof, when you accuse someone in dishonesty?

I think the proof just arrived by itself

Title: Re: Forex Diamond EA
Post by: TradeNow on December 04, 2013, 10:02:18 AM
Feels so familiar........ ;)

Deja Vu Official Trailer (HD) (http://www.youtube.com/watch?v=li5u-SyyG-c#ws)

Title: Re: Forex Diamond EA
Post by: reinerh on December 04, 2013, 01:10:28 PM

the diamond seems to have made a vanishing act,
 
back to the drawing board i guess.
Title: Re: Forex Diamond EA
Post by: mikepipmaker on December 04, 2013, 01:24:08 PM

the diamond seems to have made a vanishing act,
 
back to the drawing board i guess.

I never wanted to open this thread, but the recent post shows all my friends out here having fun by themselves - so what the heck!

Let me interpret what happended....

they decide to come out with a ea cometime in jan... they decide to run it live....

they have some variations of settings that they run on different accounts...

One of them crashed mid way.... the other one was probably tweaked in between so it ran well for a few more months... until last week it decided to tank  ;)

New rule in my book: if vendor is going to show live proof, only the period it had been public will be considered by me - not the period it was under their private eyes only - one month - one year - one decade - no use  ::)

So guys, if you have a ea and want to sell it with live proof, publish your results here in advance. dont come up with stunning 3 or 6 month private track record and do a disappearing act once you see losses  >:(

We wont mind you tweaking adjusting improving the ea along way..... just mention it as notes on your myfxbook page and that should make your test much more credible....
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 05, 2013, 12:27:10 PM
It seems that these multi-currency pair HFT EAs are getting more and more popular. Iprofit EA, Forex Kinetics and now Forex Diamond. The vendors seem to steal ideas from each other. Nonetheless none of them prooved to be consistently profitable.
Can someone tell me the main similarities and differences of these EAs?

It is funny to see how the history repeats itself. When one or two scalping EA becames popular all the other vendors released scalping EAs, The same happened not long ago with the so called volatility breakout or trend follower EAs after FGB became popular and now this multicurrency HFT thing comes the new thing. And I almost forgot to mention the MDP-like HFT EAs that worked well for a period of time, until the market became overhelmed with them and the big guys decided to get rid of them.

I think the main problem cames exactly when the market is getting overhelmed with similar strategies and that's when they lost their edge. Volatility breakout EAs have worked well until Robin and Pips Bag and all the other FGB copies came out. And these HFT EAs are even more vulnerable due to their execution and spread sensitivity.

This is not a multi currency EA. It trades GU

I am sure of that they have mentioned 4 pairs in their FAQ when I have checked it first. Now there is only GBPUSD there. Interesting.
Another thing that a little bit bothers me concerning this vendor is that once I asked them whether they are the vendor of Forex Combo Systems as well because the website of Wally and Combo look very similar and they denied any connecton, but I konw that for fact they are behind Combo as well. Why did they deny it then?

On their website they mention 4 pairs again. It's a bit confusing.
Title: Re: Forex Diamond EA
Post by: Nadir on December 05, 2013, 12:50:14 PM
Another thing that a little bit bothers me concerning this vendor is that once I asked them whether they are the vendor of Forex Combo Systems as well because the website of Wally and Combo look very similar and they denied any connecton, but I konw that for fact they are behind Combo as well. Why did they deny it then?

I just received an e-mail from Forex Combo Systems:

"We are pleased to announce, that our company has developed
a New Forex Robot - Forex Diamond EA!

Four years ago, we launched Forex Combo System and
 three years ago, we launched WallStreet Forex Robot and
2 years ago we launched Volatility Factor EA, they all
continue their superior performance UNTIL NOW."

I think you got in contact with some guy who just didn't know that his company is going to develop another bot or maybe just wasn't informed up until then. We all know guys who just keep sleeping during important company meetings... :)
Title: Re: Forex Diamond EA
Post by: eurosmarter on December 05, 2013, 12:59:49 PM
Looks nice, but I need to know what the maximum historical drawdown length is, in most cases it exceeds one year and that can't be easily spotted when watching he backtests.

Maximum historical DD is meaningless if the historical DD length is unknown. Why? Because I can take 40% DD with a nice smile on my face if the maximum historical drawdown is less than one month but I'd discard such an EA right away if the drawdown length is more than 6 months. (I have heavily changed my criteria of evaluation overtime and the sentence above include the EAs I once coded.)

The knowledge about how we should analyze the EAs increased over the years, we should all learn from mistakes. Most commercial EAs that have been launched and promoted on this forum (included he ones I coded and supported) have a historical drawdown length of more than 6 months, most of them more than one year. And if the worst case exists, according to Murphy's law the possibility of happening becomes certitude sometimes right after launch.

I'm posting this here because this EA looks genuine and it might have a nice future if we define our expectations properly. And we can't do that without a proper analysis.
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 05, 2013, 03:49:54 PM
Another thing that a little bit bothers me concerning this vendor is that once I asked them whether they are the vendor of Forex Combo Systems as well because the website of Wally and Combo look very similar and they denied any connecton, but I konw that for fact they are behind Combo as well. Why did they deny it then?

I just received an e-mail from Forex Combo Systems:

"We are pleased to announce, that our company has developed
a New Forex Robot - Forex Diamond EA!

Four years ago, we launched Forex Combo System and
 three years ago, we launched WallStreet Forex Robot and
2 years ago we launched Volatility Factor EA, they all
continue their superior performance UNTIL NOW."

I think you got in contact with some guy who just didn't know that his company is going to develop another bot or maybe just wasn't informed up until then. We all know guys who just keep sleeping during important company meetings... :)

I do not know but it was pretty straightforward.
I asked Wally's vendor whether Combo belongs to them as well as the 2 websites are very similar and they clearly said NO. That time both EA existed already (maybe VFac as well).

Another thing that I do not understand is that why they are changing the info about forex dimaond concerning currency pairs so frequently. One day it works only on GU and next day it works on 4 pairs.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on December 05, 2013, 04:03:44 PM
And there are no live forward accounts for the other pairs except GU
Title: Re: Forex Diamond EA
Post by: krisz on December 05, 2013, 04:28:24 PM
And they are using custom date to hide the first couple trades... now it shows 46,8% gain instead of 22,73%
Title: Re: Forex Diamond EA
Post by: felipebr on December 05, 2013, 04:33:33 PM
And for sure they think we are very very fools.  ???
It's ridiculous.
Title: Re: Forex Diamond EA
Post by: forexfish on December 06, 2013, 10:28:54 PM
And for sure they think we are very very fools.  ???
It's ridiculous.

I thought it might be good but lot of unconvincing things.

this link has not updated since 3 Dec

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)
Title: Re: Forex Diamond EA
Post by: compujock on December 08, 2013, 04:16:51 PM
Cyberryder, thanks for backtests!  This EA looks like a complete fail to me.

0.5 pip spread with no slippage or commission is way better than anyone can get in real market and it still fails miserably long term...
Title: Re: Forex Diamond EA
Post by: fx.mstr on December 08, 2013, 04:27:47 PM
Cyberryder, thanks for backtests!  This EA looks like a complete fail to me.

0.5 pip spread with no slippage or commission is way better than anyone can get in real market and it still fails miserably long term...

A wise man said once "Performance is the only that matters all the rest is BS".

Of course he does not show up recently here.  ;)
Title: Re: Forex Diamond EA
Post by: cyberryder on December 08, 2013, 04:31:50 PM
...no slippage or commission...
the commission is set according to the HFTGroup agreement for AxiTrader Pro --> 5.50 USD/round turn lot
Title: Re: Forex Diamond EA
Post by: compujock on December 09, 2013, 02:47:23 AM
...no slippage or commission...
the commission is set according to the HFTGroup agreement for AxiTrader Pro --> 5.50 USD/round turn lot
Ok nice to know commission was included, but results were still with very good spread and no slippage.  Still better than most will get on live accounts and it still crashed accounts on your backtest.  That's a big fail in my book.  I would never run this on any live account.
Title: Re: Forex Diamond EA
Post by: cyberryder on December 09, 2013, 03:03:54 AM
Sure the result is very bad and yes 0.5pip spread is very good, maybe too good. I dont really understand why i have so bad results compared to vendors BT on GU. I followed the manual, all is default.

Atm i think i have sth wrong in my BT, so i will re-try

in either way the vendor is not showing everything, which should make us cautious. A lot of pair BTs and also live accounts are missing - or say everything else than GU is missing
Title: Re: Forex Diamond EA
Post by: JJ-FX on December 09, 2013, 01:36:20 PM
Sure the result is very bad and yes 0.5pip spread is very good, maybe too good. I dont really understand why i have so bad results compared to vendors BT on GU. I followed the manual, all is default.

Atm i think i have sth wrong in my BT, so i will re-try

My backtests look the same. Maybe a news filter or something else that is controlled by the vendors' server?
Title: Re: Forex Diamond EA
Post by: Anchorpoint on December 09, 2013, 01:45:29 PM
One interesting thing I noted on vendors both live accounts is that if you only trade and open positions on Thu and Fri you will get a nice looking equity curve. I don't know if that is also the case on backtests ?
Title: Re: Forex Diamond EA
Post by: forexfish on December 09, 2013, 08:50:40 PM
One interesting thing I noted on vendors both live accounts is that if you only trade and open positions on Thu and Fri you will get a nice looking equity curve. I don't know if that is also the case on backtests ?

@Anchorpoint

Have you done any analysis ?  Is there a way to filter results by days in myfxbook ?
Title: Re: Forex Diamond EA
Post by: krisz on December 09, 2013, 09:07:07 PM
One interesting thing I noted on vendors both live accounts is that if you only trade and open positions on Thu and Fri you will get a nice looking equity curve. I don't know if that is also the case on backtests ?

@Anchorpoint

Have you done any analysis ?  Is there a way to filter results by days in myfxbook ?
Top right corner: Custom analyzes -> Timing tab
Title: Re: Forex Diamond EA
Post by: forexfish on December 09, 2013, 09:13:30 PM
One interesting thing I noted on vendors both live accounts is that if you only trade and open positions on Thu and Fri you will get a nice looking equity curve. I don't know if that is also the case on backtests ?

@Anchorpoint

Have you done any analysis ?  Is there a way to filter results by days in myfxbook ?
Top right corner: Custom analyzes -> Timing tab

Thanks Krisz

Title: Re: Forex Diamond EA
Post by: phoebus on December 11, 2013, 04:29:53 PM
Any impressions already? But please cut the crap - I am asking for impressions only from people that already purchased and use this EA. Thanks in advance!
Title: Forex Diamond EA
Post by: cyberryder on December 11, 2013, 10:40:06 PM
Any impressions already? But please cut the crap - I am asking for impressions only from people that already purchased and use this EA. Thanks in advance!
For 2 days running live it's for sure far to early to draw any conclusions. I can only say that my BTs look horrible, i dont know why and the vendor tells me that my BT is wrong. From live results it grabbed 150pips in one day with a lot of small trades over those several pairs on retracements (counter trend, but not spike trading). I'm running it on an experimental level atm

The most important thing: SL is far away, so even if i trade on a 1k acc at 5% risk, i only get 0.01 to 0.06lot trades, so forget to get rich fast with that EA. There are others, that boost your money much better
Title: Re: Forex Diamond EA
Post by: ifouda on December 12, 2013, 09:14:35 AM
Any impressions already? But please cut the crap - I am asking for impressions only from people that already purchased and use this EA. Thanks in advance!
For 2 days running live it's for sure far to early to draw any conclusions. I can only say that my BTs look horrible, i dont know why and the vendor tells me that my BT is wrong. From live results it grabbed 150pips in one day with a lot of small trades over those several pairs on retracements (counter trend, but not spike trading). I'm running it on an experimental level atm

The most important thing: SL is far away, so even if i trade on a 1k acc at 5% risk, i only get 0.01 to 0.06lot trades, so forget to get rich fast with that EA. There are others, that boost your money much better


What are the other EA's you are referring to ?
Title: Re: Forex Diamond EA
Post by: Matts Micro on December 16, 2013, 09:48:08 AM
I'm not sure why people have a negative attitude about this EA perhaps it's about other EA's these guys have brought out?  I ran the original (1st Wallstreet EA) on demo for a few months recently with good results. I have now been live for 2 months and up 8%, my results are very similar to the websites but I have low risk settings (no 100+ SL's) that has so far out performed their results. Even if it fails from here, it is probably one of the best EA's I have tested so far.  The results of diamond look very similar to the strategy of how the original works. I wont buy until I see a few more months results, the market maybe changing from the original programming looking at it from the surface only and no need to spread my risk on a maybe... yet.

On a side note and off subject is there a Fapturbo 2 thread started yet? I looked but no search results.  It's actually where I remember following Donna's very helpful hints for the first time on the Fapturbo forum.
Title: Re: Forex Diamond EA
Post by: forexbaby on December 16, 2013, 09:49:39 AM
how did you get this ea and run it fir a few mths when the seller only just sell them recently?
Title: Re: Forex Diamond EA
Post by: Matts Micro on December 16, 2013, 09:54:59 AM
how did you get this ea and run it fir a few mths when the seller only just sell them recently?

Sorry I wasn't clear. I mentioned it was the "Original".  I meant the 1st Wallstreet EA.


Edit:  I just edited my previous post to avoid confusion.  :)
Title: Re: Forex Diamond EA
Post by: shanemort on December 16, 2013, 01:01:32 PM
i would be interested to hear peoples actual forward test results on this now after a few weeks??

Any use?
Title: Re: Forex Diamond EA
Post by: forexbaby on December 16, 2013, 01:44:54 PM
well, wallstreet and this diamond are different so you cannot be comparing like that.

Result don't look good
Title: Re: Forex Diamond EA
Post by: Matts Micro on December 16, 2013, 03:28:48 PM
It is true they can't be compared and it wasn't intended as a comparison of EA's just of the creators.  It is a bit like comparing users of an EA, there are too many variables, ie broker and spreads, computer processing power, personal experience, money management, EA settings,  etc, etc etc...

Looking at those figures of the deleted MyFxBook Wally account above the last post is a good example
    Monthly: -73.26%  I mean seriously who the hell has risk levels that would allow a 73% monthly loss??  EA's should be set up for a worst case scenario to live another day not with a get rich in 90 days attitude.
Title: Re: Forex Diamond EA
Post by: phoebus on December 17, 2013, 07:32:12 PM
After I refunded the Fabturbo 2 mega, ultra, super  ... disappointment, I get the Diamond EA. They even can not be compared. The backtest of the Diamond looks unreal on all 4 pairs. For now I have only a few live trades but I have good feeling for this EA. There are two versions - one for experts with a lot of control parameters and one simple version with only few parameters. We will see...
Title: Re: Forex Diamond EA
Post by: reinerh on December 17, 2013, 07:44:51 PM
yeah their bt looks decent.

but we all know by now thats meaningless pretty much.

and i cant find any forward accounts at all besides the one trading gu.

maybe somebody can point me to a account running all 4pairs for some time ?
Title: Re: Forex Diamond EA
Post by: pipsnpips on December 17, 2013, 07:59:10 PM

vendor only got GU forward test with custom start date

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)

I think wait for vendor to show something before start thinking. 8)
Title: Re: Forex Diamond EA
Post by: BBrewer on December 18, 2013, 04:49:18 AM
yeah their bt looks decent.

but we all know by now thats meaningless pretty much.

and i cant find any forward accounts at all besides the one trading gu.

maybe somebody can point me to a account running all 4pairs for some time ?

They have this demo account running all pairs.  It is all I have seen so far.
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-demo-recovery/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-demo-recovery/736079)

It would be helpful for the vendor to verify this account.
Title: Re: Forex Diamond EA
Post by: reinerh on December 18, 2013, 07:42:09 AM
thanks bbrewer,

that demo sure looks respectable so far.

almost seems to be they started the real gu account way too early, meaning the ea was not finished at the time. because that account is nothing which excites me.

i sure will be on the sidelines on this one for now.
Title: Re: Forex Diamond EA
Post by: phoebus on December 18, 2013, 09:21:43 AM
Three small profitable trades tonight. Two on the cable and one on the swiss frank. Something that I like is the stop loss levels - they look pretty safe.
Title: Re: Forex Diamond EA
Post by: Johno on December 18, 2013, 08:59:05 PM
Here's their main fxbook page...

http://www.myfxbook.com/members/forexdiamond (http://www.myfxbook.com/members/forexdiamond)
Title: Re: Forex Diamond EA
Post by: mrinab on December 18, 2013, 09:36:28 PM
This is my first post about the Forex Diamond.....

I have been running this on 2 live accounts since Dec 5-2013.

Here are the details and results.

1.Account at Forex.com (US account) - starting Balance Dec 5 $1065, trading 0.1 lots all 4 pairs
Account did really nice (went up to almost to $1200 in very short time......) - then started to slowly give everything back.
Today experienced big losers (when FOMC Press conference spiked the currencies). Account went down to around $980, and now is back at $1020 - so not such a good result so far.

2.Account Askobid (non US) - Forex Diamond allows multiple trades... also trading 0.1 lots.....similar result.
So using a non US account does not seem to really help/change the performance.

Hope this helped a little - sorry I do not run public account records.

martin
Title: Re: Forex Diamond EA
Post by: phoebus on December 19, 2013, 09:44:07 AM
This is my first post about the Forex Diamond.....

I have been running this on 2 live accounts since Dec 5-2013.

Here are the details and results.

1.Account at Forex.com (US account) - starting Balance Dec 5 $1065, trading 0.1 lots all 4 pairs
Account did really nice (went up to almost to $1200 in very short time......) - then started to slowly give everything back.
Today experienced big losers (when FOMC Press conference spiked the currencies). Account went down to around $980, and now is back at $1020 - so not such a good result so far.

2.Account Askobid (non US) - Forex Diamond allows multiple trades... also trading 0.1 lots.....similar result.
So using a non US account does not seem to really help/change the performance.

Hope this helped a little - sorry I do not run public account records.

martin

Your risk seems pretty high. You are lucky that you still have an account. My setup is MM 2% - the default of the simple version. A lot of action after the FOMC, but nothing disturbing - couple of SL hit and many small profitable trades. The Diamond can open up to nine trades in a pair, so 0,1 lot on $1000 account is insane for me, but of course If you get lucky you will make good money. Good Luck!
Title: Re: Forex Diamond EA
Post by: mrinab on December 19, 2013, 10:59:00 PM
On a US account Forex Diamond will only open 1 trade per currency at a time !
Title: Re: Forex Diamond EA
Post by: BBrewer on December 20, 2013, 02:35:04 PM
On a US account Forex Diamond will only open 1 trade per currency at a time !

FXDD will allow non FIFO and hedging trades for US customers.  You are, however, of course limited to 50:1 leverage.
Title: Re: Forex Diamond EA
Post by: cyberryder on January 08, 2014, 01:49:56 AM
ah - a verified DEMO account with ALL pairs and recovery turned on http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

pip expectancy is very low with 1.4pip, so we really need a very low spread broker

anyone knows
- which risk?
- which recovery risk?
- except recovery=on, is that default?
Title: Re: Forex Diamond EA
Post by: compujock on January 08, 2014, 04:06:00 AM
pip expectancy is very low with 1.4pip, so we really need a very low spread broker
Yes pip expectancy is very low.  Too low. I  am avoiding this one.  Must see long forward test on real account.  Maybe worth another look in 6 months...
Title: Re: Forex Diamond EA
Post by: cyberryder on January 08, 2014, 07:11:02 AM
i was able to upload the official fixed-lot BT from the vendor to myfxbook. It was not an easy task as they hided the file and modified the code

USDJPY http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-usdjpy/56730 (http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-usdjpy/56730)

EURUSD http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-eurusd/56727 (http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-eurusd/56727)

GBPUSD http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-gbpusd/56735 (http://www.myfxbook.com/strategies/forexdiamond-official-vendor-bt-gbpusd/56735)
Title: Re: Forex Diamond EA
Post by: cyberryder on January 08, 2014, 07:41:34 AM
was able to ran a portfolio analysis with all 4 pairs, based on vendor BT

have a look at "strange PnL by year". This is very strange how this looks as the amount of portfolio trades by year is nearly constant (see next chart), however the amount of trades on USDCHF has the same saw tooth tread design (see next chart)
Title: Re: Forex Diamond EA
Post by: cyberryder on January 08, 2014, 08:00:03 AM
Portfolio stats
Title: Re: Forex Diamond EA
Post by: WiZARD on January 08, 2014, 08:52:21 AM
On WWI forum they have found out, that Forex Diamond is not a real EA (at least you won't get the EA), you get only signals.
If you make backtest, you are downloading a list of trades from the vendor, and you will see those trades on your backtest.

It can be good, but I don't like signals....
Title: Re: Forex Diamond EA
Post by: cyberryder on January 08, 2014, 09:22:52 AM
On WWI forum they have found out, that Forex Diamond is not a real EA (at least you won't get the EA), you get only signals.
i read that too, but i am the proof with my life account that they are wrong, at least not totally right, as i am getting trades that i can't see on vendors demo forward.

This EA is terribly difficult to backtest. Sometimes it works, sometimes not. Correct GMT setting for the FXT makes a difference between account blow and good performance. But i think that i still have issues with my history data from Dukascopy..only blows for all years till 2012. With FXO data it's not working at all. With 3rd party history it's working good. Will try Alpari NZ data.
Title: Re: Forex Diamond EA
Post by: WiZARD on January 08, 2014, 10:49:17 AM
On WWI forum they have found out, that Forex Diamond is not a real EA (at least you won't get the EA), you get only signals.
i read that too, but i am the proof with my life account that they are wrong, at least not totally right, as i am getting trades that i can't see on vendors demo forward.

This EA is terribly difficult to backtest. Sometimes it works, sometimes not. Correct GMT setting for the FXT makes a difference between account blow and good performance. But i think that i still have issues with my history data from Dukascopy..only blows for all years till 2012. With FXO data it's not working at all. With 3rd party history it's working good. Will try Alpari NZ data.

Yes, I had the same experience with backtest-GMT.
Before I read it on WWI I couldn't find out, how can it happen, that an EA is loosing almost every trade till a date, and after that is performs as expected. But I think the signal/downloaded trades are the perfect explanation for these problems.
(I was also using dukascopy, however I've testes countless EA with this dukascopy data, and only FD had a problem with this...)

for example:
the downloaded trade data shows that is should have opened an order at 2010.05.06 16:17 GMT, but in your backtest there is some problem with the GMT setting, and you open it a few hours earlier or later, than it will blow the account, because you open every trade at the wrong time.
Title: Re: Forex Diamond EA
Post by: Waleed121 on January 08, 2014, 11:44:59 AM
Guys is it possible to run this specific EA?
10 years of forward testing looks really good? or is this wrong?

Link > http://www.myfxbook.com/strategies/forex-diamond-ea/53579 (http://www.myfxbook.com/strategies/forex-diamond-ea/53579)
Title: Re: Forex Diamond EA
Post by: hmq229 on January 08, 2014, 11:50:28 AM
Guys is it possible to run this specific EA?
10 years of forward testing looks really good? or is this wrong?

Link > http://www.myfxbook.com/strategies/forex-diamond-ea/53579 (http://www.myfxbook.com/strategies/forex-diamond-ea/53579)

I think you can run this specific EA but you need to consider the following:

FYI -  This 10 years is not a forward test, it is backtest.

Forward test is here

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)

There is drop of 13.40% in January 2014 so far, so results not looking promising.

Title: Re: Forex Diamond EA
Post by: Waleed121 on January 08, 2014, 12:25:37 PM
Thanks forexprofit  8)
Title: Re: Forex Diamond EA
Post by: fxman on January 09, 2014, 07:32:42 AM
Guys is it possible to run this specific EA?
10 years of forward testing looks really good? or is this wrong?

Link > http://www.myfxbook.com/strategies/forex-diamond-ea/53579 (http://www.myfxbook.com/strategies/forex-diamond-ea/53579)

I think you can run this specific EA but you need to consider the following:

FYI -  This 10 years is not a forward test, it is backtest.

Forward test is here

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)

There is drop of 13.40% in January 2014 so far, so results not looking promising.

Overall gain is positive but result is very inconsistent.  So though it has three algorithm but can't show as high performance as expected.
Title: Forex Diamond EA
Post by: cyberryder on January 11, 2014, 09:02:30 AM
Vendor replied to me that risk is 2% with recovery=on, rest is default on his public fxbook with all pairs (demo)
Title: Re: Forex Diamond EA
Post by: cyberryder on January 11, 2014, 03:26:31 PM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.
Title: Re: Forex Diamond EA
Post by: phoebus on January 31, 2014, 06:40:03 PM
I am pretty excited by this EA so far. I have approximately +700 pips profit since I purchased it. GDPUSD and USDJPY performs best and USDCHF worst. In fact only USDCHF is on small loss, and I will stop it probably. But one think that I really like is the action - several trades almost every day, so if I compare it with my favorite WallStreet Robot the Diamond EA is a real action hero - if I lose my money, at least I will not get bored  :)
Title: Re: Forex Diamond EA
Post by: Anchorpoint on January 31, 2014, 09:11:26 PM
I am pretty excited by this EA so far. I have approximately +700 pips profit since I purchased it. GDPUSD and USDJPY performs best and USDCHF worst. In fact only USDCHF is on small loss, and I will stop it probably. But one think that I really like is the action - several trades almost every day, so if I compare it with my favorite WallStreet Robot the Diamond EA is a real action hero - if I lose my money, at least I will not get bored  :)

Are you trading on live account yet? If so, do you get same trades as vendor's demo?
Title: Re: Forex Diamond EA
Post by: phoebus on February 01, 2014, 09:49:46 AM
Real money trading - the demo trading is a waste of time for me. The trades are almost identical with the official vendor accounts. I have some of the trades filtered due to high spread around the Asian session, but not a big deal.
Title: Re: Forex Diamond EA
Post by: Tempestshade on February 01, 2014, 11:14:07 AM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.

Some people use Live and Forward test as the same thing. Perhaps that is the reason?

Cheers,
David
Title: Re: Forex Diamond EA
Post by: TradeNow on February 04, 2014, 06:53:39 AM
I bought the ea yesterday evening.  :D
EA is up and running on LMAX real life and made 13 trades with +28pips so far.
Realy high frequency thats pretty cool  8)
Right now new trade on eurusd is open.
We will see.... ;)

Br
Mark
Title: Re: Forex Diamond EA
Post by: informer on February 04, 2014, 07:58:31 AM
Would be interesting to see how it would work with Wallstreets low risk GBPUSD & EURUSD setup
Title: Re: Forex Diamond EA
Post by: TradeNow on February 04, 2014, 08:31:04 AM
Would be interesting to see how it would work with Wallstreets low risk GBPUSD & EURUSD setup

Yes thats exactly what i did. I setup wsfr eurusd33 gbp30 with 2% risk recovery on with max.5% and Forex Diamond with 2%.
Think thats better then running all pairs default with wally.  :)

Br
Mark
Title: Re: Forex Diamond EA
Post by: Johno on February 04, 2014, 09:37:35 AM
This account seems to be running all pairs, but all pairs only started recently. GBPUSD has been running much longer.
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)


USDCHF is a bit of a dead duck on this one, and its a DEMO... (live on their website)
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

Only time will tell how this EA turns out. Most of the trades are not too tight on the pips, so maybe ok.
Title: Re: Forex Diamond EA
Post by: informer on February 04, 2014, 10:22:39 AM
Would be interesting to see how it would work with Wallstreets low risk GBPUSD & EURUSD setup

Yes thats exactly what i did. I setup wsfr eurusd33 gbp30 with 2% risk recovery on with max.5% and Forex Diamond with 2%.
Think thats better then running all pairs default with wally.  :)

Br
Mark

Will be nice to see how this works out for you ,.,..
Title: Re: Forex Diamond EA
Post by: corre971 on February 04, 2014, 01:58:07 PM
I am very interested in this EA. If someone already rižunning it, the trades match with those of the vendor on his Myfxbook account?
Title: Re: Forex Diamond EA
Post by: kjen17 on February 04, 2014, 08:03:46 PM
if you extract the GBP trades from this real account

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

the equity curve is much different from the following real account which is GBP only and still in DD from last August

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)

Can't quite figure that except they are different brokers?
Title: Re: Forex Diamond EA
Post by: compujock on February 06, 2014, 06:59:44 AM
if you extract the GBP trades from this real account

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

the equity curve is much different from the following real account which is GBP only and still in DD from last August

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/770691)

Can't quite figure that except they are different brokers?
Yes, I noticed this as well right from the start.  It really doesn't make sense.  There are strange anomalies in the various accounts.  Alpari RU, Alpari NZ, and many are demo accounts as well.   I've tried to find myfxbook stats for a real live account with a legit broker but have not been able to find one.  I did find the following account which is even stranger!  It's using all four pairs.  It started on Dec. 11, 2003 and as of Jan. 31, 2014 is still in drawdown:

http://www.myfxbook.com/members/r4jen/forex-diamond/777885 (http://www.myfxbook.com/members/r4jen/forex-diamond/777885)
Title: Re: Forex Diamond EA
Post by: corre971 on February 06, 2014, 03:38:03 PM
I have bought this EA and running on both a real and a demo account and having their same trades on their real account
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
On GBPUSD i have a bit worster entries and exit i think because of higher spreads of my Broker but i think will enable a function that allows to get in a trade at a price better of their price ov the value in pip i must indicate: of course i can loose some trades!
I am running FD on all supported pairs with all strategies with recovery ON and AutoMM: 0.7 If it will go in DD i will increse to 1
Pls, anyone shares his opinions!
Title: Re: Forex Diamond EA
Post by: guernica on February 06, 2014, 04:05:55 PM
I have bought this EA and running on both a real and a demo account and having their same trades on their real account
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
On GBPUSD i have a bit worster entries and exit i think because of higher spreads of my Broker but i think will enable a function that allows to get in a trade at a price better of their price ov the value in pip i must indicate: of course i can loose some trades!
I am running FD on all supported pairs with all strategies with recovery ON and AutoMM: 0.7 If it will go in DD i will increse to 1
Pls, anyone shares his opinions!
What sllipage (default is 0.5) and max. number of trades (default is 3) you're using ?
Title: Re: Forex Diamond EA
Post by: corre971 on February 06, 2014, 04:21:53 PM
I have bought this EA and running on both a real and a demo account and having their same trades on their real account
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
On GBPUSD i have a bit worster entries and exit i think because of higher spreads of my Broker but i think will enable a function that allows to get in a trade at a price better of their price ov the value in pip i must indicate: of course i can loose some trades!
I am running FD on all supported pairs with all strategies with recovery ON and AutoMM: 0.7 If it will go in DD i will increse to 1
Pls, anyone shares his opinions!
What sllipage (default is 0.5) and max. number of trades (default is 3) you're using ?

I use all default settings, only i have switched on recovery mode (on Forex diamond recovery mode looks less aggressive than with Wally) and auto MM: 0.7 because i trade all 3 systems on all pairs and i want to be able if there is a drowdawn to increse it at 1
And u?
Title: Re: Forex Diamond EA
Post by: guernica on February 06, 2014, 05:32:42 PM
I have bought this EA and running on both a real and a demo account and having their same trades on their real account
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
On GBPUSD i have a bit worster entries and exit i think because of higher spreads of my Broker but i think will enable a function that allows to get in a trade at a price better of their price ov the value in pip i must indicate: of course i can loose some trades!
I am running FD on all supported pairs with all strategies with recovery ON and AutoMM: 0.7 If it will go in DD i will increse to 1
Pls, anyone shares his opinions!
I use all default settings, only i have switched on recovery mode (on Forex diamond recovery mode looks less aggressive than with Wally) and auto MM: 0.7 because i trade all 3 systems on all pairs and i want to be able if there is a drowdawn to increse it at 1
And u?
It's good to know that.
I think you don't need to increase to 1% because recovery function will do that.
Title: Re: Forex Diamond EA
Post by: TradeNow on February 06, 2014, 06:18:23 PM
Hi,

i made my LMAX account puplic. You can check trades from FX Diamond via my sig. So we have a real money account on a reliable broker to check the trades. Moneyback is 60 days so i have some time to decide.  :D
Its default all pairs with risk 2. No recovery.


br
Mark
Title: Re: Forex Diamond EA
Post by: corre971 on February 06, 2014, 09:48:48 PM
It seems that 1 of the 3 strategies of FD is very similar to Wally, because immediately after Wally Opens a trade, FD opens a trade in the same direction. Of course not on aud usd which is not supported by FD
Title: Re: Forex Diamond EA
Post by: compujock on February 06, 2014, 10:20:17 PM
Hi,

i made my LMAX account puplic. You can check trades from FX Diamond via my sig. So we have a real money account on a reliable broker to check the trades. Moneyback is 60 days so i have some time to decide.  :D
Its default all pairs with risk 2. No recovery.


br
Mark
Thanks Mark.  It's nice to have a real account on a legitimate broker to track.
Title: Re: Forex Diamond EA
Post by: informer on February 07, 2014, 06:55:03 AM
yeah same open trade on EU as wally

http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006 (http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006)
Title: Re: Forex Diamond EA
Post by: informer on February 07, 2014, 06:55:38 AM
yeah same open trade on EU as wally

http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006 (http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006)
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 09:37:35 AM
Also on USDCHF, 1 minute after Wally give a (loosing  :'() sell trade, FD start a short trade os the same pair!
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 09:49:01 AM
My first impression (but it is too early) is that FD can be more stable of Wally, because average the risk in to 3 different startegies! It needs a very good broker with low spreads and an adequate risk; since it can open more trades, i am using a conservative AutoMM=7
Title: Re: Forex Diamond EA
Post by: phoebus on February 07, 2014, 10:32:23 AM
My first impression (but it is too early) is that FD can be more stable of Wally, because average the risk in to 3 different startegies! It needs a very good broker with low spreads and an adequate risk; since it can open more trades, i am using a conservative AutoMM=7

Yes, really promising robot, but we should be prepared for some bad series of several SL in a roll. I personaly think that your AutoMM=7 is not conservative at all. By my opinion a conservative risk for this robot is AutoMM=1 and with this trading frequency the profits will be decent. My risk is set to AutoMM=2 for the first two systems and AutoMM=1 for the third one.
Title: Re: Forex Diamond EA
Post by: TradeNow on February 07, 2014, 10:45:13 AM
It seems to be a combination of Wally Volfac and maybe combo.
USDCHF seems to be the weakest pair as mentioned before but only time will tell.

br
Mark
Title: Re: Forex Diamond EA
Post by: Viktory on February 07, 2014, 10:54:51 AM
It's a shame Forex Diamond being only a Copier EA... No personalized backtests possible, neither any real comparison with Wally interal operation... good luck with it!
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 10:56:13 AM
Sorry, i made a mistake! My AutoMM is 0.7 not 7. So it is a combination of Wally, Vol Fac and Combo? i already run on the same account Wally (and i confirm that the signals of wally are replyed on FD), and also Volatility fact (which is my preferred), but till now i did not noticed this. This night i had a buy signal on Vol Fac GBPUSD and was not followed by the same signal on FD (anyway Fd had already the maximum 3 trades open on GBPUSD) If i will notice this, maybe i will be forced to stop (and ask refund) one of the EAS, because it would be not convenient to have same trades by 2 different EAs!
Title: Re: Forex Diamond EA
Post by: TradeNow on February 07, 2014, 11:01:22 AM
Sorry, i made a mistake! My AutoMM is 0.7 not 7. So it is a combination of Wally, Vol Fac and Combo? i already run on the same account Wally (and i confirm that the signals of wally are replyed on FD), and also Volatility fact (which is my preferred), but till now i did not noticed this. This night i had a buy signal on Vol Fac GBPUSD and was not followed by the same signal on FD (anyway Fd had already the maximum 3 trades open on GBPUSD) If i will notice this, maybe i will be forced to stop (and ask refund) one of the EAS, because it would be not convenient to have same trades by 2 different EAs!

No. I didnt mean that they only combine those three eas. Imho they developed new strategys out of the old ones. Not something absolut new but you saw that wally took also a trade at the same time. So some entry conditions seems to be similiar.
WSFR is a real nice ea but the trade frequence decreased the last years. Diamond is much more active.

br
Mark
Title: Re: Forex Diamond EA
Post by: policepolice on February 07, 2014, 02:36:38 PM
i want to purchaseone of the ea....
do you guys have opinion which one that i have to buy?
Thanks
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 04:50:14 PM
maybe, since Forex Diamnod is a revised version OF Wally. Forex Combo and Volatility factor, you can buy directly only Forex diamond! But of course noone will know which will be the better for 2014. I run on the same account Wally, Vol fact and Diamond! But if Diamond replies Wally trades, i would buy only FD or wally, not both (i have already bought both :'()! I can say that i like alot Vol fact, but this can be more risky (it can open basket trades). Only you can know the right Ea for you and anyway no one know what wil be the future performance!
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 04:53:20 PM
For sure don't buy S-Phantom  :o
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 05:01:17 PM
As for the similarities between FD, Wally, VF and FCombo, i will check carefully nex weeks and i will keep u updated! I can for now confirm that usually (not always) when Wally open a trade, FD does the same! But the exit looks few different! If thos strategy is a refined one of Wally, can be very good. About FCombo i don't know because i do not use this EA! As for Vlatility factor, till now i cannot see a complete match between them. My impressio is that when Volatility factor open the 3rd trade of the basket, FD does the same (and this can be a very good strategy)! Anyway i will check this next!! if someone uses Fcombo can do the same!
Title: Re: Forex Diamond EA
Post by: forexfish on February 07, 2014, 05:14:17 PM
As for the similarities between FD, Wally, VF and FCombo, i will check carefully nex weeks and i will keep u updated! I can for now confirm that usually (not always) when Wally open a trade, FD does the same! But the exit looks few different! If thos strategy is a refined one of Wally, can be very good. About FCombo i don't know because i do not use this EA! As for Vlatility factor, till now i cannot see a complete match between them. My impressio is that when Volatility factor open the 3rd trade of the basket, FD does the same (and this can be a very good strategy)! Anyway i will check this next!! if someone uses Fcombo can do the same!

Thanks for your input.

As same vendor for all these EA.

I think there would be some difference but am not sure if anybody done any analysis for all 4 EAs on same pair and preferably same broker to gather where running all 4 is really a viable option ?
Title: Re: Forex Diamond EA
Post by: corre971 on February 07, 2014, 05:15:32 PM
In my first 2 days of FD, i had 15 trades with a total net profit of +25.2 pips! This does not have any statistical relevance, but is good start! At first impression i like this EA (Or trade copier) since it looks well balanced and diversificated! Also since is very active is not boring (for someone this can be also important). For Fd is important a low spreads Broker!
Title: Re: Forex Diamond EA
Post by: guernica on February 07, 2014, 10:36:05 PM
After see that trades at end of Friday i've opted to turn on FridayExit feature.
I don't like surprises Sunday night when a new fx week start.
Title: Re: Forex Diamond EA
Post by: littlemax on February 07, 2014, 10:43:38 PM
After see that trades at end of Friday i've opted to turn on FridayExit feature.
I don't like surprises Sunday night when a new fx week start.

Yes I do a manual shut down some time Friday when account is close to or being flat. I didn't see anything in the developer FD accounts showing huge losses from weekend trades left open but if you had multiple baskets open with a w end gap could be nasty.
This week was a bit hit & miss for my FD with all the Metaquotes issues but last week was exceptional - very nice upward on the developer all pairs accs.
Title: Re: Forex Diamond EA
Post by: guernica on February 07, 2014, 10:51:59 PM
After see that trades at end of Friday i've opted to turn on FridayExit feature.
I don't like surprises Sunday night when a new fx week start.
Yes I do a manual shut down some time Friday when account is close to or being flat. I didn't see anything in the developer FD accounts showing huge losses from weekend trades left open but if you had multiple baskets open with a w end gap could be nasty.
Is a matter of caution.
We never know when the surprise happens.
Title: Re: Forex Diamond EA
Post by: corre971 on February 08, 2014, 08:04:10 AM
Yesterday evening other 2 nice trades on usdjpy closed in nice profit! Now i have other 3 trades open
Title: Re: Forex Diamond EA
Post by: corre971 on February 08, 2014, 08:33:22 AM
This time while FD triggered 3 trades on usdjpy and 2 on gbpusd both Wally and VF were not trading
Title: Re: Forex Diamond EA
Post by: littlemax on February 09, 2014, 11:37:29 PM
Well, I loaded the diamond on to build 604, heart in mouth expecting more trouble but all appears ok so far - it has placed 2 trades today -usdjpy & usdchf without issue.
Title: Re: Forex Diamond EA
Post by: corre971 on February 10, 2014, 08:58:16 AM
Yes, the vendor replied to a my e-mail that all his EA are compatible with new build and that with the update all experts are moved to a new forlder according to new build! Only change the procedure for new installations: anyway in the member area they posted a pdf with all instructions!
Title: Re: Forex Diamond EA
Post by: corre971 on February 10, 2014, 09:00:32 AM
I weas lucky and the trades FD opened on friday on GU my MT4, due to high spread on sunday opening, closed them with nice profits! Till now seems good this FD (only u need a broker with tight spread and i have few problems only on GU, while on other pairs i get same results of the vendor)!
Title: Re: Forex Diamond EA
Post by: policepolice on February 11, 2014, 08:20:40 AM
guys
i have just purchased it finally
but do you have any suggestion on the setting? should i leave it with default?
use it for more $1k capital????
Title: Re: Forex Diamond EA
Post by: corre971 on February 11, 2014, 01:48:07 PM
I use default settings and with all 3 strategies activated on all 4 supported currencies! I have switched on Recovery mode and use AutoMM=1. But the level of risk is something subjective. Anyway u can contact the vendor and ask for more details!
Title: Re: Forex Diamond EA
Post by: corre971 on February 11, 2014, 01:53:12 PM
Now i must say that Forex diamond is absolutely not a revised copy of the strategies of Wally (for sure) and of Volatility factor! It triggered so many trades while Wally and VF were sleeping (i have nothing bad to say with Wally and Voaltility factor, i use also them on the same account of FD, and i like them too, specially VF)! My first impression of this EA (or trade copier) is very good, is balanced, take the risk under control, and also (maybe is not so important) is not boring! It takes many trades per day! Let see how will perform next months!
Title: Re: Forex Diamond EA
Post by: corre971 on February 13, 2014, 08:29:19 AM
I see on the vendor account of FD a winning buy trade on USDJPY as follows:
02.13.2014 09:16    02.13.2014 10:03   USDJPY    Buy    0.05    -82.00    100.00    101.98100    102.16000   17.9   6.78    46m

It had +17.9 Pips. I did not had this trade, and is strange because Fd is supposed to be a trade copier! Pls, let me know if someone of u had this!
Title: Re: Forex Diamond EA
Post by: policepolice on February 14, 2014, 04:23:36 AM
since i bought the FD no trade at all' i have contacted the vendor telling about this and they said maybe of my broker (ICMarkets) and should try another broker
so i try one of the recomended and nothing also. i put it on fxpro, aaafx, fxoptimax  and still none
hopeless...........
maybe should i take my money back?????
Title: Re: Forex Diamond EA
Post by: littlemax on February 14, 2014, 04:36:48 AM
You have activated the account on FD website? Any errors or messages in the experts or journal log? I run it on ICM on vps with no problem, double check all your settings. Also be sure you have it installed correctly in the Data folder MQL4/experts folder if on MT4 600+ builds. It has to be either your settings or Mt4 installation problem with new MT build, esp. as you can't get it to work on any other broker - I never had any issue on ICM with it.
Title: Re: Forex Diamond EA
Post by: littlemax on February 14, 2014, 04:49:35 AM
I see on the vendor account of FD a winning buy trade on USDJPY as follows:
02.13.2014 09:16    02.13.2014 10:03   USDJPY    Buy    0.05    -82.00    100.00    101.98100    102.16000   17.9   6.78    46m

It had +17.9 Pips. I did not had this trade, and is strange because Fd is supposed to be a trade copier! Pls, let me know if someone of u had this!

Never got this either. I have seen an occasional trade missed before, but not very often - usually one of a multiple basket when it happens.
Title: Re: Forex Diamond EA
Post by: 4xreward on February 14, 2014, 07:13:39 AM
If you are interested.

Here is the real money test on FD
https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811 (https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811)

Risk is 2.5%, Recovery On, Trades all Currencies.
Started On 31 Dec 2013
Title: Re: Forex Diamond EA
Post by: cyberryder on February 14, 2014, 07:28:30 AM

If you are interested.

Here is the real money test on FD
https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811 (https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811)

Risk is 2.5%, Recovery On, Trades all Currencies.
Started On 31 Dec 2013
20% risk recovery like default?

Tnx for sharing your fw :-)
Title: Re: Forex Diamond EA
Post by: 4xreward on February 14, 2014, 08:26:59 AM
Correct 20%
Title: Re: Forex Diamond EA
Post by: drunkfx on February 14, 2014, 09:00:05 AM
Any pips up from trading with that EA? Thinking about purchasing it bust still a lot of doubts with its effeciacy..
Title: Re: Forex Diamond EA
Post by: corre971 on February 14, 2014, 10:38:26 AM
I have missed only 3 trades from my beginning with FD (about 2 weeks ago). 1 of this on GBPUSD because it was the fourth trade open on GU by the vendor and i have default settings that Fd can open only 3 trades x pair! the other 2 (on USDJPY and EURUSD) maybe missed because there was alos other trades open in the basket, or for slippage matters!
Title: Re: Forex Diamond EA
Post by: corre971 on February 14, 2014, 11:05:04 AM
If you are interested.

Here is the real money test on FD
https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811 (https://www.myfxbook.com/portfolio/4x-reward--fd-risk/791811)

Risk is 2.5%, Recovery On, Trades all Currencies.
Started On 31 Dec 2013

You are running with 2.5% risk? it is not too high? i am running with lower risk, at 1%. maybe 1% is too much low and i think to increase a few. I am also running on the same account Wally and Volatility factor, so i need to keep the risk under control: many times the 3 EAs opens similar positions!
Title: Re: Forex Diamond EA
Post by: corre971 on February 14, 2014, 11:08:18 AM
Any pips up from trading with that EA? Thinking about purchasing it bust still a lot of doubts with its effeciacy..
I you are not convinced continue to follow it on their account on Myfxbook (the one trading all currencies supported) and see if it suits for you! Everyone has is own opinion on the EAs! Of course noone can know what can be the future results, but from my limited experience with Forex diamond, it look promising!
Title: Re: Forex Diamond EA
Post by: policepolice on February 19, 2014, 03:28:17 PM
here is my experience i bought this ea last week
i put it on mt4 on laptop using windows 8 and no trade at all for 2 days. and then i try to put the ea on mt4 using other computer with windows 7 and it run normally,  it took trades
but when i load the ea with VPS it did not open trades for the last 2 days.
it only open trades when i open the mt4 not using the vps
any idea?
thanks
Title: Re: Forex Diamond EA
Post by: corre971 on February 20, 2014, 10:42:29 AM
I know that most EAs are not fully compatible with 8. As  for VPs i don't know i run them on my PC. I can say that for 95% (or more) i have the same trades of the vendor!
Title: Re: Forex Diamond EA
Post by: forexfish on February 20, 2014, 05:06:32 PM

EURUSD today  2 trades +5.8 pips
                                        +5.5pips
Title: Re: Forex Diamond EA
Post by: TradeNow on February 20, 2014, 05:56:09 PM

EURUSD today  2 trades +5.8 pips
                                        +5.5pips

Me too. 5.8 & 8.4 on lmax  :)
Myfxbook still not working. Now they are on v1.72 with myfxbok ea and still issues.
We will see.... ;)

Br
Mark
Title: Re: Forex Diamond EA
Post by: forexfish on February 20, 2014, 06:20:08 PM

EURUSD today  2 trades +5.8 pips
                                        +5.5pips

Me too. 5.8 & 8.4 on lmax  :)
Myfxbook still not working. Now they are on v1.72 with myfxbok ea and still issues.
We will see.... ;)

Br
Mark

Thanks Mark

Mine at Think forex.  Yes myfxbook has some issue in set up.

Atleast some consistency in number of trades.

Difference in precise pips may be due to broker spread / execution,.
Title: Re: Forex Diamond EA
Post by: TradeNow on February 20, 2014, 06:27:17 PM
yes my friend but it is a boring week with fd vf wally.
btw: added forex scalpino yesterday. we will see if this was a good idea  ;)

br
Mark
Title: Re: Forex Diamond EA
Post by: forexfish on February 21, 2014, 01:57:48 AM
yes my friend but it is a boring week with fd vf wally.
btw: added forex scalpino yesterday. we will see if this was a good idea  ;)

br
Mark

My friend, seems boring week turning into interesting week especially for FD.

I have 3 GBPUSD trades all in profit, same with vendor.

Also I have increased the lot size just to see how it goes.

BR
Title: Re: Forex Diamond EA
Post by: corre971 on February 21, 2014, 08:03:57 AM
I had also the 2 trades on EU with + 6.6 pips and + 5.9. I have always very good results on EU and on usdjpy, due to low spreads on my broker. On Gu i have usually worster results, due to higher spreads: yesterday evening 3 trades on GU: +3 pips - +5.3 pips - + 5 pips! This FD is working pretty good. But Wally wipes the gains from FD and VF! I hope wally will restart soon to gain!
Title: Re: Forex Diamond EA
Post by: corre971 on February 21, 2014, 08:06:04 AM
yes my friend but it is a boring week with fd vf wally.
btw: added forex scalpino yesterday. we will see if this was a good idea  ;)

br
Mark

TradeNow, pls update me if possible on Forex Scalpino performance and impressions! It is very broker sensitive EA? do u get the same results the vendor has on his account?
Title: Re: Forex Diamond EA
Post by: TradeNow on February 21, 2014, 02:34:06 PM
TradeNow, pls update me if possible on Forex Scalpino performance and impressions! It is very broker sensitive EA? do u get the same results the vendor has on his account?

yes i will do so. i am posting my experiences in scalpino thread.  :D

best regards
Mark
Title: Re: Forex Diamond EA
Post by: corre971 on February 25, 2014, 06:41:14 AM
Yesterday evening FD started 3 sell trades on GU And all 3 was closed in Gian, but i have the last one still open and in loss now! Someone else has this trade still open?
Title: Re: Forex Diamond EA
Post by: forexfish on February 26, 2014, 12:04:50 PM

I have set this up on myfxook.

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Initially I set up lot size 0.01 and then 0.10 and now finally to 0.03 and I will continue this, however so far only EURUSD and GBPUSD are trading and GBPUSD has lot of activity.
Title: Re: Forex Diamond EA
Post by: corre971 on March 07, 2014, 10:36:52 PM
This week very good results for FD, Wally and volatility factor ! :)
Title: Re: Forex Diamond EA
Post by: Eddi Megabot on March 08, 2014, 08:34:34 AM

I have set this up on myfxook.

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Initially I set up lot size 0.01 and then 0.10 and now finally to 0.03 and I will continue this, however so far only EURUSD and GBPUSD are trading and GBPUSD has lot of activity.

Even that the vendor recommends ThinkForex as broker, the EA gives better results on Pepperstone.
Title: Re: Forex Diamond EA
Post by: forexfish on March 09, 2014, 01:34:46 AM

I have set this up on myfxook.

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Initially I set up lot size 0.01 and then 0.10 and now finally to 0.03 and I will continue this, however so far only EURUSD and GBPUSD are trading and GBPUSD has lot of activity.

Even that the vendor recommends ThinkForex as broker, the EA gives better results on Pepperstone.

@Eddi Megabot

Thanks -  Do you a myfxbook link for Pepperstone which you can share ?

Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2014, 12:37:32 PM
I have Made a rapid check on FD profitsbility for 2014 and found that the signal 2 is very profitable and signal 1and 3 are not losing but also not gaining pips! I think that FD can be very profitable with the right market conditions! Also i see that usually cut rapido y losses!
Title: Re: Forex Diamond EA
Post by: corre971 on March 13, 2014, 07:56:46 AM
This night i have had not only 1 profitable trade on EU, but 2: 1 with + 7.7 pips and a second with 7.2! I can confirm that FD is not a trade copier, it's an independent EA, from the server of the vendor it only wait for confirmation (for antipiracy policy)! Infact the trades macth only at 95%, not 100% like in a tarde copier! Also between their accounts some trades doesn not match! My opinion is that this is a promising EA!
Title: Re: Forex Diamond EA
Post by: corre971 on March 13, 2014, 03:27:36 PM
Now i see that i have an orphan trade: the buy trade on EU time 14:31 on my account is still open and now in loss of about 18 pips, while i see it was closed on the account of the vendor some hours ago with +5.9 pips profit! I have noted this only now because i have had and still have a lot of trades on my account! :'(
Title: Re: Forex Diamond EA
Post by: macro on March 13, 2014, 04:12:44 PM
Now i see that i have an orphan trade: the buy trade on EU time 14:31 on my account is still open and now in loss of about 18 pips, while i see it was closed on the account of the vendor some hours ago with +5.9 pips profit! I have noted this only now because i have had and still have a lot of trades on my account! :'(

May I know your broker? On Axi pro live it closed this trade.
Title: Re: Forex Diamond EA
Post by: corre971 on March 13, 2014, 05:06:28 PM
It is Activtrades! I had in the night 1 more winning trade on EU but this one was left open and now closed in s/l! Today very bad day!!!
Title: Re: Forex Diamond EA
Post by: forexfish on March 13, 2014, 06:54:39 PM
Today very bad day!!!

yes that's right  1 trade +6pips and 5 stop losses

EURUSD +6.3 pips
EURUSD -30.0 pips
EURUSD -30.0 pips
EURUSD -30.0 pips
EURUSD -30.0 pips
EURUSD -41.0 pips
Net        154.7 pips negative in one day
Title: Re: Forex Diamond EA
Post by: mrinab on March 13, 2014, 08:56:58 PM
Yes, today was pretty bad for Forex Diamond (just look at the economic news today and the stock market and you know why)

- I am trading on a US account and my account dropped about 10% today.

Now, I have posted here before regarding this EA and I am very positive about it.

Here is my result so far.

I started in December with $1000 and I am trading with pretty high risk - 10% per pair (all 4 pairs all strategies), but until today when we had this bad day my account was up to $1500 - that is 50% in 3 month - not too bad.

I don't feel the risk is that high as the EA rarely hits the SL but usually closes losers earlier.

Anyway - very sad day, but I am a believer of this EA and I am looking forward to some more good performance.

martin
Title: Re: Forex Diamond EA
Post by: corre971 on March 14, 2014, 09:17:17 AM
Yes, today was pretty bad for Forex Diamond (just look at the economic news today and the stock market and you know why)

- I am trading on a US account and my account dropped about 10% today.

Now, I have posted here before regarding this EA and I am very positive about it.

Here is my result so far.

I started in December with $1000 and I am trading with pretty high risk - 10% per pair (all 4 pairs all strategies), but until today when we had this bad day my account was up to $1500 - that is 50% in 3 month - not too bad.

I don't feel the risk is that high as the EA rarely hits the SL but usually closes losers earlier.

Anyway - very sad day, but I am a believer of this EA and I am looking forward to some more good performance.

martin
I totally agree with u and i believe in this EA!
I would ask to the partecipant to help me to improve the performance of this EA, by checking the conditions of the bad trades made! I see that the strategy that work best in the 2nd! it also looks that the most profitable pairs are USDCHF and USDJPY! pls, help me in this study! i think also that could help a time filter (avoiding for example UK session) and we can ask to the vendor such update or a news filter (that now is not included). Pls, everyone using this ea partecipate!
Title: Re: Forex Diamond EA
Post by: corre971 on March 14, 2014, 10:47:29 AM
If u compare the last day of trades on wally and Fd u will see that: after the 2 s/l of yesterday wally had 3 trades in slight profit (2 of wich i have missed) and after another loss on AUDUSD (on this trade wally behaved good because was loosind more than 120 pips and closed the position in the best way with  "only" 39 pips loss! If u look at FD after the bad day of yesterday already closed 15 trades, of wich 1 with -0.8 loss and the other 14 all in gain! also i must say that on FD the trades match 95% the trades of the vendor (on USd JPY i had on every trade of this night at least a profit bigger of 2 pips for each trade)!
Title: Re: Forex Diamond EA
Post by: corre971 on March 14, 2014, 02:13:23 PM
Hi to all! i would like to ask to all users of FD to collaborate to try to improve performance( i will do the same on every thred where i have an EA): we all have one goal: earn money from FD!
I will start to share my impressions;
I am using FD from begining february and i am still in profit also if in the last week performance get worse! On USDJPY and USDCHF i have good performance: Profit factor of 3.58.  on EU and GU (where most trades are triggered) i am in loss with a PF of 0.73!
First i will disable the recovery mode, because it increses lots on the losing pairs!
Unfortunately FD does not have a news filter (we can ask to thevendor to implemnet it) but on EU and GU i will disable the EA during UK session!
Pls. share ur opinions
 :)
Title: Re: Forex Diamond EA
Post by: corre971 on March 14, 2014, 03:04:36 PM
Oh my god, what a bad luck! i start to be angry! this afternoon on FD, since my 1st EU trade was triggered at a slight worse price (0.4 pips) of the vendor account (the one in gold) i was stopped out on this trade eaxactly ath higher price of the day + the spread! 0.1 pips less i was not stopped out, and after that the Eu started to go down! >:(
Title: Re: Forex Diamond EA
Post by: corre971 on March 15, 2014, 10:14:08 PM
From my analisys looks that simply FD does not works on EU and also using a manually Made time filter does not help! But works incredibly good on UJ, UC and not bad on GU!
Title: Re: Forex Diamond EA
Post by: forexfish on March 16, 2014, 10:00:31 AM
From my analisys looks that simply FD does not works on EU and also using a manually Made time filter does not help! But works incredibly good on UJ, UC and not bad on GU!

@corree971

How is your results for each pair since you are running, why don't you post your myfxbook ?

Mine for Friday are

EU   lost 31 pips
UJ   gain 13.3 pips

Current open position  UJ - 2.5 pips     
Title: Re: Forex Diamond EA
Post by: corre971 on March 16, 2014, 02:27:48 PM
From my analisys looks that simply FD does not works on EU and also using a manually Made time filter does not help! But works incredibly good on UJ, UC and not bad on GU!

@corree971

How is your results for each pair since you are running, why don't you post your myfxbook ?

Mine for Friday are

EU   lost 31 pips
UJ   gain 13.3 pips

Current open position  UJ - 2.5 pips   

On FD i am in gain on usdjpy and usdchf and in loss on EU and GU! GU could  be profitable but EU (look at the custom analisys on the vendor account) was newer profitable, specially on signal 1!
I have reduced lot size s on EU signal 1! As for my accounts, my live account was in very good profit, but after a bad day on Sphantom ( now i call it S-Crappy) and the last thursday trades (VF and FD specially) i am in loss of 4%! I am also developing my own EA with a trading stile that is a mixed of VF and S-phantom (but with not their flaw points) and looks great! I will start using it as a signal service next months (once finished the tests on other pairs and Made optimization of s/l) and so i prefer to keep it private! Anyway on all commercial eas i will share all my opinions and analisys! On VF and Wally (EU and GU) a manual time filter avoiding uk Session will improve performance and lower Dd. As for FD on EU no way also with this time filter!
Title: Re: Forex Diamond EA
Post by: felipebr on March 16, 2014, 10:19:41 PM
Hi people, I will be testing it on demo with all suported and other major pairs like USDCAD, AUDUSD using trend filter. I will post the results.

Regards
Title: Re: Forex Diamond EA
Post by: corre971 on March 16, 2014, 10:38:56 PM
Hi people, I will be testing it on demo with all suported and other major pairs like USDCAD, AUDUSD using trend filter. I will post the results.

Regards
But usdcad and audusd are not supported! I saw the trend filter in the settings! How it works?
Title: Re: Forex Diamond EA
Post by: felipebr on March 16, 2014, 11:02:04 PM
Hi people, I will be testing it on demo with all suported and other major pairs like USDCAD, AUDUSD using trend filter. I will post the results.

Regards
But usdcad and audusd are not supported! I saw the trend filter in the settings! How it works?

Hi friend, I'm sorry but you should read the User Guide. It well explained there... I really advice to you read it, because else you can mistake and put your money in high risk.
Please ask me if you don't understand something.

Regards
Title: Re: Forex Diamond EA
Post by: corre971 on March 16, 2014, 11:32:38 PM
Hi people, I will be testing it on demo with all suported and other major pairs like USDCAD, AUDUSD using trend filter. I will post the results.

Regards
But usdcad and audusd are not supported! I saw the trend filter in the settings! How it works?
In usesettingsfrom which pair u have indicated? What trend period and trend stringhe u have indicated?
Hi friend, I'm sorry but you should read the User Guide. It well explained there... I really advice to you read it, because else you can mistake and put your money in high risk.
Please ask me if you don't understand something.

Regards
In usesettingsfrom which pair u have indicated? What trend period and trend strenght values u have used?
Title: Re: Forex Diamond EA
Post by: felipebr on March 16, 2014, 11:57:50 PM
In usesettingsfrom I put the pair where the EA is attached, for EUR/USD AND GBP/USD I'm using trendStrenght = 55.
For the others I'm using trendStrenght = 15... in period I left all charts as default.

I got this values from the user guide anyway I'm almos guessing.. since I didn't backtested it.

Regards
Title: Re: Forex Diamond EA
Post by: corre971 on March 17, 2014, 07:44:48 AM
In usesettingsfrom I put the pair where the EA is attached, for EUR/USD AND GBP/USD I'm using trendStrenght = 55.
For the others I'm using trendStrenght = 15... in period I left all charts as default.

I got this values from the user guide anyway I'm almos guessing.. since I didn't backtested it.

Regards

Maybe it can be a good idea! This evening on my second demo account i will test with trendfilter ON but with different trendstrenght values to compare results! I hope this can filter out some bad trades specially on EU!
Title: Re: Forex Diamond EA
Post by: Basilero on March 18, 2014, 05:27:27 AM
Hello.
Tell me maybe this robot off separately strategy?
Title: Re: Forex Diamond EA
Post by: corre971 on March 18, 2014, 07:41:14 AM
Hello.
Tell me maybe this robot off separately strategy?

Yes, it uses 3 different strategies as explained very good on their website and u can choose which to run on the pairs supported (or also usupported)!
Title: Re: Forex Diamond EA
Post by: corre971 on March 18, 2014, 07:53:14 AM
yesterday i have started on 2 demo accounts 2 different settingd for FD! the firts with trend filter true and trend strenght = 20 and the second with trend strenght = 40! Will need some months to have relevant statistics but will post my impressions! Another way (and i think will try it but onlky on EU) is to modifiy the parameter of Trade interval, and increase it a little bit specially on the signal 1. Maybe EU need more time between the trades! If someone has other ideas, pls share and also test them (i have now too much live and demo account running on my PC and i cannot use more)! Specially on EU FD need some adjustments because on other pairs it works fine!!
Title: Re: Forex Diamond EA
Post by: mrinab on March 20, 2014, 06:02:53 PM
Just a short update from my live account.

After the bad day last week where we dropped 10%, FD has fully recovered and is now up 50% in 3 month.

I have not seen any other EA that can do this.

I trade all 4 pairs with default settings at 10% risk per pair - full stop losses are rare.

Please remember though that I am trading on a US account - on trade per pair at a time !
Title: Re: Forex Diamond EA
Post by: guernica on March 20, 2014, 10:01:00 PM
Just a short update from my live account.
After the bad day last week where we dropped 10%, FD has fully recovered and is now up 50% in 3 month.
I have not seen any other EA that can do this.
I trade all 4 pairs with default settings at 10% risk per pair - full stop losses are rare.
Please remember though that I am trading on a US account - on trade per pair at a time !
How much risk you are taking for each pair ?
Title: Re: Forex Diamond EA
Post by: corre971 on March 20, 2014, 10:45:59 PM
yesterday i have started on 2 demo accounts 2 different settingd for FD! the firts with trend filter true and trend strenght = 20 and the second with trend strenght = 40! Will need some months to have relevant statistics but will post my impressions! Another way (and i think will try it but onlky on EU) is to modifiy the parameter of Trade interval, and increase it a little bit specially on the signal 1. Maybe EU need more time between the trades! If someone has other ideas, pls share and also test them (i have now too much live and demo account running on my PC and i cannot use more)! Specially on EU FD need some adjustments because on other pairs it works fine!!

Short update! This does not seem a very good idea because filter too much trades, not only the bad one!
Title: Re: Forex Diamond EA
Post by: corre971 on March 20, 2014, 10:53:11 PM
I can confirm that forex diamond has a very good capacity to recover from losses! If u see the history of the trades the losses are always Made all togheter in one day! If u use a reasonable risk value,  after a loss of a basket of trades, simply slightly increase the risk level for a faster recovery! Very good system! Only EU in my opinion need a slightly better optimization!
Title: Re: Forex Diamond EA
Post by: LFN on March 21, 2014, 04:40:16 PM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.

This is still on the authors site: "As a Forex Diamond Member, you will get:  2 Live and Several Demo Accounts
Go ahead and use Forex Diamond with 2 live and several number of demo accounts at the same time!"

http://www.forex-diamond.com (http://www.forex-diamond.com)

Title: Re: Forex Diamond EA
Post by: corre971 on March 24, 2014, 04:42:54 PM
I still see open the second sell trade on EU on the vendor accounts, while it was closed a lot of time ago on both my real and demo accounts with respectively +5.7 and + 6.2 pips!
Title: Re: Forex Diamond EA
Post by: corre971 on March 25, 2014, 09:01:04 AM
Today at 16:00 GMT Draghi speech! Switched OFF all eas on EU and GU! :)
Title: Re: Forex Diamond EA
Post by: Johno on March 26, 2014, 06:17:11 AM
Anyone using this on FinFx - ecn? Are results on FinFx ok / brilliant? ... and is it broker dependent?

Thanks, John.
Title: Re: Forex Diamond EA
Post by: corre971 on March 26, 2014, 07:35:37 AM
I did not used it on Fin FX, but i think is not broker dependent! Of course the tighest the spread the better the results! I am using it from 2 months on  Activtrades (not so good spreads but good data feed) and my trades matched those of the vendor on Alpari (account in gold) almost always, maybe had not more than 1-2 mismatch in trades in a total of 250 trades! Choose carefully ur autoMM value because it open basket of trades (up to 4 per pair, not 3).
 :)
Title: Re: Forex Diamond EA
Post by: forexfish on March 26, 2014, 07:45:13 AM
Anyone using this on FinFx - ecn? Are results on FinFx ok / brilliant? ... and is it broker dependent?

Thanks, John.

I have not used Finfx but run at Think Forex, most of the time I noted I have less trades than vendor account.

Perhaps vendor is running Alpari ru that is no go of course.  8)
Title: Re: Forex Diamond EA
Post by: corre971 on March 26, 2014, 08:17:31 AM
Anyone using this on FinFx - ecn? Are results on FinFx ok / brilliant? ... and is it broker dependent?

Thanks, John.

I have not used Finfx but run at Think Forex, most of the time I noted I have less trades than vendor account.

Perhaps vendor is running Alpari ru that is no go of course.  8)

So on Thinkforex u miss some trades? In the past i have used a demo of pepperstone and was missing some trades! I use for live Activtrades with a lot of EAs and i have 99% the same trades of the vendor! On other Eas very sensitive (Hyper Ea and Scalpino) i have more trades than the vendor! Activtrades has very good data feed (but spreads are not so good)! I use also Excel market demo and there i do not miss trades! I use Think forex but in demo but for other EAs from few time and so i do not have an opinion! I cannot open accounts outside of Italy, but if was possible i was choosing Excel market!
Title: Re: Forex Diamond EA
Post by: LFN on March 26, 2014, 08:38:28 AM
I did not used it on Fin FX, but i think is not broker dependent! Of course the tighest the spread the better the results! I am using it from 2 months on  Activtrades (not so good spreads but good data feed) and my trades matched those of the vendor on Alpari (account in gold) almost always, maybe had not more than 1-2 mismatch in trades in a total of 250 trades! Choose carefully ur autoMM value because it open basket of trades (up to 4 per pair, not 3).
 :)
Is it possible to set it to only open one trade per pair at the same time?
Title: Re: Forex Diamond EA
Post by: corre971 on March 26, 2014, 09:41:34 AM
Yes, they give u 2 types of Forex diamond ex4 files, the simple and the complex one! Also in the simple u can choose to have 1 trade at time and in the complex one there are so many settings that u cannot imagine! But i think this is not a good idea, because it uses for each pair 3 different strategies and so if u choose to have on 1 trade at time per pair, u will have trades only from the first strategy and will miss the other strategiea! I also think that this Ea i created to work exactly with baskets and so it is profitable in this way! better to reduce automm value! If look at the history this Ea has a very good recovery ability, so if u set the automm value low (for example at 1) and with recovery mode ON, after a  bad day (like 13 march) it will increase lot size with recovery On (and maybe u can also sligtly increse the MM value) and in few days it will recover! I am using this strategy with all my Eas from 13 march! Low automm value with recovery On and a slight increase of automm value after a bad day and back to previous value once recovered losses! :)
Title: Re: Forex Diamond EA
Post by: BBrewer on March 26, 2014, 01:53:30 PM
I am running this on FinFx.  I am only trading USDJPY and my trades match the vendor.
Title: Re: Forex Diamond EA
Post by: corre971 on March 26, 2014, 02:10:49 PM
I am running this on FinFx.  I am only trading USDJPY and my trades match the vendor.
USDJPY is the best performing pair on FD (and also on Wally). I am running all supported pairs and the one that perform worse is EU (for the moment). I am testing also other pairs not supported!
Title: Re: Forex Diamond EA
Post by: caddyhexe on March 26, 2014, 06:23:06 PM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.

This is still on the authors site: "As a Forex Diamond Member, you will get:  2 Live and Several Demo Accounts
Go ahead and use Forex Diamond with 2 live and several number of demo accounts at the same time!"

http://www.forex-diamond.com (http://www.forex-diamond.com)


Has this been cleared up by the vendor 1 or 2 live accounts??????????????
Title: Re: Forex Diamond EA
Post by: corre971 on March 26, 2014, 06:27:57 PM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.

This is still on the authors site: "As a Forex Diamond Member, you will get:  2 Live and Several Demo Accounts
Go ahead and use Forex Diamond with 2 live and several number of demo accounts at the same time!"

http://www.forex-diamond.com (http://www.forex-diamond.com)


Has this been cleared up by the vendor 1 or 2 live accounts??????????????

I have received 1 live and 2 demo accounts! For what i know if u want more accounts u must pay more! But if someone receive 2 live accounts for the same price of 1, plus let me know because i will ask the same! I have bought 3 Eas from fxautomater!
Title: Re: Forex Diamond EA
Post by: shocky on March 26, 2014, 08:39:22 PM
i want to draw your attention to the misleading selling website of this vendor, see picture

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

futhermore the vendor doubled the price via the backdoor: You only get 1 real account license now for the same price instead of 2! I got that notice via SPAM mail yesterday.

This is still on the authors site: "As a Forex Diamond Member, you will get:  2 Live and Several Demo Accounts
Go ahead and use Forex Diamond with 2 live and several number of demo accounts at the same time!"

http://www.forex-diamond.com (http://www.forex-diamond.com)


Has this been cleared up by the vendor 1 or 2 live accounts??????????????

I have received 1 live and 2 demo accounts! For what i know if u want more accounts u must pay more! But if someone receive 2 live accounts for the same price of 1, plus let me know because i will ask the same! I have bought 3 Eas from fxautomater!

2 live accounts was offered a few months ago with a full package. Currently, they only sell a simple pack with 1 license, but they haven't updated their site.
Title: Re: Forex Diamond EA
Post by: cyberryder on March 27, 2014, 07:26:06 AM

In usesettingsfrom I put the pair where the EA is attached, for EUR/USD AND GBP/USD I'm using trendStrenght = 55.
For the others I'm using trendStrenght = 15... in period I left all charts as default.

I got this values from the user guide anyway I'm almos guessing.. since I didn't backtested it.

Regards

Maybe it can be a good idea! This evening on my second demo account i will test with trendfilter ON but with different trendstrenght values to compare results! I hope this can filter out some bad trades specially on EU!
You should run a backtest prior to any set file change. You dont see the full picture with a bit of forward
Title: Re: Forex Diamond EA
Post by: phoebus on March 27, 2014, 07:34:15 AM
I have several nice GBPUSD trades tonight, matched with the vendor real account. I really like how reasonable the stop loss levels are in this system.
Title: Re: Forex Diamond EA
Post by: corre971 on March 27, 2014, 07:41:05 AM
I have several nice GBPUSD trades tonight, matched with the vendor real account. I really like how reasonable the stop loss levels are in this system.

Yes, on FD trades matches 99% the trades of the vendor account! I think is the EA less broker sensitive! Also has an incredible recovery factor!
Title: Re: Forex Diamond EA
Post by: forexfish on March 27, 2014, 07:51:48 AM
I have several nice GBPUSD trades tonight, matched with the vendor real account. I really like how reasonable the stop loss levels are in this system.

Yes, on FD trades matches 99% the trades of the vendor account! I think is the EA less broker sensitive! Also has an incredible recovery factor!

In my case I have very few trades than vendor. Today morning I have

USDJPY  gain 8.1 pips
EURUSD gain 3 pips

Yes I think USDJPY is good pair than others,  let see how long it takes to recover earlier month dd.
Title: Re: Forex Diamond EA
Post by: corre971 on March 27, 2014, 08:11:49 AM
Attached a screen of my FD statistics
Title: Re: Forex Diamond EA
Post by: caddyhexe on March 27, 2014, 08:17:49 AM
With regards to the number of accounts heres the mail I got back from their support

Thank you for the interest in Forex Diamond!

Forex Diamond is an expert advisor, it is not a copier.
We offer two type of licenses - Single and Full.
Single allows trading with 1 real account, while Full with 2 real accounts.
The Full License is available as an upsell to the Single and it costs additional $99.
If you have any other questions, just write us back.

Sincerely,
Forex Diamond Team
www.forex-diamond.com (http://www.forex-diamond.com)
Title: Re: Forex Diamond EA
Post by: corre971 on March 27, 2014, 08:30:02 AM
With regards to the number of accounts heres the mail I got back from their support

Thank you for the interest in Forex Diamond!

Forex Diamond is an expert advisor, it is not a copier.
We offer two type of licenses - Single and Full.
Single allows trading with 1 real account, while Full with 2 real accounts.
The Full License is available as an upsell to the Single and it costs additional $99.
If you have any other questions, just write us back.

Sincerely,
Forex Diamond Team
www.forex-diamond.com (http://www.forex-diamond.com)


It's exactly as i know! Also it is not absolutely a trade copier but 100% an EA! The conection to the server of the vendor is only for security (antipiracy) reasons! Anyway it has the same advantage of a trade copier: the trades matches almost 100% the trades on the vendor accounts! But slightly differences will be possible due to spreads! Also if u check the 2 vendor accounts with differen spreads u wil find slightly differences!
Title: Re: Forex Diamond EA
Post by: Johno on April 01, 2014, 07:17:20 AM

I took the plunge and also got diamond.

I put the expert version on, but left it stock standard.
All 4 currency pairs.
All 3 strategies.

... I gave each strategy and pair its own magic number, 12 numbers in total.

Is there anything in particular that should really be changed?
Title: Re: Forex Diamond EA
Post by: corre971 on April 01, 2014, 07:43:18 AM

I took the plunge and also got diamond.

I put the expert version on, but left it stock standard.
All 4 currency pairs.
All 3 strategies.

... I gave each strategy and pair its own magic number, 12 numbers in total.

Is there anything in particular that should really be changed?

I think u have made a very good deal! U must choose your autoMM value! I have also Recovery Mode ON! Other settings as defaults! Don't rise too much the AutoMM value! I am using it at about 1.5 with Recovery ON and i would suggest you to not use values higher than 2! Of course this value depends also by the relevance of the account where u are using FD! ;D
Title: Re: Forex Diamond EA
Post by: Johno on April 01, 2014, 09:55:09 AM

Thanks for that advice Corre...
Title: Re: Forex Diamond EA
Post by: donbon2 on April 01, 2014, 10:28:45 AM
so far this has done ok with some small gains

but its down 20 pips on $yen at the moment.
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 01, 2014, 10:20:18 PM
Puh, just had a SL with USDJPY :(
Title: Re: Forex Diamond EA
Post by: forexfish on April 01, 2014, 10:37:04 PM
Puh, just had a SL with USDJPY :(

The same here USDJPY 53.7 pips SL

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Vendor account is not yet updated so this SL is not yet appearing ?

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)


Title: Re: Forex Diamond EA
Post by: donbon2 on April 01, 2014, 10:40:50 PM
yeah it hasn't updated since yesterday. (their fxbook account)

gone long now - so hopefully it keeps in this upward trend to get a few points back.
Title: Re: Forex Diamond EA
Post by: forexfish on April 01, 2014, 10:44:47 PM

I took the plunge and also got diamond.

I put the expert version on, but left it stock standard.
All 4 currency pairs.
All 3 strategies.

... I gave each strategy and pair its own magic number, 12 numbers in total.

Is there anything in particular that should really be changed?

I think u have made a very good deal! U must choose your autoMM value! I have also Recovery Mode ON! Other settings as defaults! Don't rise too much the AutoMM value! I am using it at about 1.5 with Recovery ON and i would suggest you to not use values higher than 2! Of course this value depends also by the relevance of the account where u are using FD! ;D

Overall it is good EA (imo) but unfortunately it is slightly bad start if you had set up directly on a live account, hope to recover soon.
Title: Re: Forex Diamond EA
Post by: Johno on April 02, 2014, 06:14:30 AM
My trades so far are almost identical to this persons account. (from 31/3/2014, The last 4 trades).

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

I am on FinFx - ecn, ...  CNS Vps. London
Title: Re: Forex Diamond EA
Post by: corre971 on April 02, 2014, 10:31:12 AM
If we watch at the live account of the vendor http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
this confirm the fact that Forex Diamond has a very big capacity of recovery! After a few bad trades almost always start a nice winning streak! Not only recovers from losses, but recover vey fast! After the loss on the USDJPY trade, in only one night we saw 4 winning trades on the same pair! With Recovery=On the recovery will be also faster!
As for my MM strategy i also use an usual AutoMM conservative  value , of about 1.5, and togheter with the recovery mode ON, i am ready, if needed, to slightly increase the MM value (for example to 1.8)!
Green pips to all!  ;)
Title: Re: Forex Diamond EA
Post by: forexfish on April 02, 2014, 09:29:20 PM
If we watch at the live account of the vendor http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
this confirm the fact that Forex Diamond has a very big capacity of recovery! After a few bad trades almost always start a nice winning streak! Not only recovers from losses, but recover vey fast! After the loss on the USDJPY trade, in only one night we saw 4 winning trades on the same pair! With Recovery=On the recovery will be also faster!
As for my MM strategy i also use an usual AutoMM conservative  value , of about 1.5, and togheter with the recovery mode ON, i am ready, if needed, to slightly increase the MM value (for example to 1.8)!
Green pips to all!  ;)

I agree with you, it has recovered 50% of the loss in 1 day, let's hope it will continue its journey.
 
Title: Re: Forex Diamond EA
Post by: donbon2 on April 03, 2014, 01:14:52 AM
I use 5% on gbp and yen and 3% on Euro and disabled CHF ... no recovery mode activated.

that is just based on looking at the results it has with the various pairs... making those choices.

despite the hiccup yesterday it does seem to have a winning formula trading live so the next 2-3 months
will be interesting.

I'm using it on Pepperstone Razor Account.
Title: Re: Forex Diamond EA
Post by: corre971 on April 03, 2014, 10:04:06 AM
I use 5% on gbp and yen and 3% on Euro and disabled CHF ... no recovery mode activated.

that is just based on looking at the results it has with the various pairs... making those choices.

despite the hiccup yesterday it does seem to have a winning formula trading live so the next 2-3 months
will be interesting.

I'm using it on Pepperstone Razor Account.

From my checkings USDCHF i also very profitable! MM is subjective and depends from the risk u are willing to absorb and from the importance of the account where u are running the strategy; but from my point of view u are using a too high MM value! For sure u will earn more money than me at the end of the year, but in  a bad day u will sweat cold! I prefer to have a lower MM value and use recoveru=ON. Of course it is subjective!
Title: Re: Forex Diamond EA
Post by: Johno on April 03, 2014, 03:36:48 PM
 I have all pairs running, and done some backtests.

eurusd doesn't seem so good, especially on the 2nd and 3rd strategy.  Correction: on the first strategy

I did optimize the first strategy (S1) only, and got far better results. The standard eurusd is running on my account at fixed 0.1 lots. ... The "special eurusd" I made runs on its own chart, with its own magic number, at higher lots with MM.

Here is the set-file if someone wants to try test it out. If you backtest, remember to enter your GMT offset.

Title: Re: Forex Diamond EA
Post by: corre971 on April 03, 2014, 04:34:50 PM
From my checks it seems that for EU the better strategy is the third! And the worse the first! After the 13 march EU seems started to perform good!
As for EU, my opinion is that in the last months a lot of strategies are failing and are working good only some night scalper! Also if you check WSFR, EU is not the best performing, while USDJPY and AUDUSD are performing very very good! And on Volatility factor EU is the msot active pair, but seems that running it only in the night hours the results are far better!
But anyway that does not mean that also for 2014 will be the same, and so i am running all the currencies with recovery ON!
I do not rely too much on BT, and am waiting to have at least 1 year of live trading results!
Title: Re: Forex Diamond EA
Post by: Johno on April 03, 2014, 05:35:48 PM
 mmm.

What I did in the set file posted above, is what the developer said we could do. That is use trend etc...

I have used 3 pips added , and used the trend function, with 30% strength. This smoothed out some of the losses.
 .. I also used the execute on every tick function, in this case it was an improvement ... > PS:.. These settings only work on eurusd S1.

The BT is set for $6000 (like my account), and identical tests (standard and special) runs from 9 July 2013 to now. (0.1 lots fixed).

If anyone has some good-decent backtest data, then please give it a try and give your opinion. My data is just the metaquotes variety, so not the best.

 Thanks.

PS:... tests run with 0.1 lots fixed. (My real account is different)
Title: Re: Forex Diamond EA
Post by: Byte on April 04, 2014, 05:52:05 AM
Hi,
Has anyone checked out the correlation of the Forex Diamond EA with Volatility Factor EA? I seem to remember someone already took the effort but I cannot find the post (that is the thing about continuously reading a forum, at the time of the posting you might not consider it interesting but when you do you cannot find it anymore).
I am just wondering if it might be a smart idea to run them side by side or if this is only going to increase DDs in which case I would probably rather put them on separate accounts.
Any help would be highly appreciated.
Kind regards,
Tibor
Title: Re: Forex Diamond EA
Post by: corre971 on April 04, 2014, 08:19:36 AM
Hi,
Has anyone checked out the correlation of the Forex Diamond EA with Volatility Factor EA? I seem to remember someone already took the effort but I cannot find the post (that is the thing about continuously reading a forum, at the time of the posting you might not consider it interesting but when you do you cannot find it anymore).
I am just wondering if it might be a smart idea to run them side by side or if this is only going to increase DDs in which case I would probably rather put them on separate accounts.
Any help would be highly appreciated.
Kind regards,
Tibor

I think it was some posts of about 2 months ago! Anyway, as for my experience (i run both and also  Wall Street forex robot) usually there is not correlation between Volatiltiy Factor and Forex Diamond. I can see, but only sometimes, a correlation between Forex Diamond and Wall Street forex robot regarding the 1st strategy of Forex Diamond! ;)
Title: Re: Forex Diamond EA
Post by: goodexp on April 06, 2014, 05:40:00 PM
i run wallstreet and forexdiamond.now i give up WST,because it tredes less.

forexdiamond really works well.now i want to try it on a big account with 2% risk.
(before i trad FD with 5%risk with a account $5000,sometime it's dangerous,need limit the orders that open at the same time)

by the way,anyone use ReverseProfit and ExtraPipsSignal_1(2)(3)?
Title: Re: Forex Diamond EA
Post by: 4xreward on April 07, 2014, 01:48:31 PM
See my signature 2.5% with recovery ON... No changes so far ONLY I deposit more fund
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 07, 2014, 02:38:32 PM


...Here is the set-file if someone wants to try test it out...

Why does your set file have so many more inputs than mine? Or am I missing something obvious? ???
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 07, 2014, 03:11:46 PM
So finally found time to get the Diamond on my account (its in the signature combined with iProfit and Cabex but it can be filtered out with the Magics)

I have it set to 2%, Recovery ON and all 4 pairs.

Had 2 USDJPY trades one for +8.2 and one for +5.6 pips (looks to match with everyone else)

There was one other USDJPY short but I had set the wrong parameters and the size was a little large for the account so I closed manually.

I have now turned off the Yen due to the Central Bank meeting tonight, caused some big moves this time last year, so it will probably be a non-event this time around.
Title: Re: Forex Diamond EA
Post by: corre971 on April 07, 2014, 04:18:24 PM
i run wallstreet and forexdiamond.now i give up WST,because it tredes less.

forexdiamond really works well.now i want to try it on a big account with 2% risk.
(before i trad FD with 5%risk with a account $5000,sometime it's dangerous,need limit the orders that open at the same time)

by the way,anyone use ReverseProfit and ExtraPipsSignal_1(2)(3)?

I agree that Forex Diamond works very weel, but i will continue to run also Wall Street, since i had in about 6 weeks about 200 pips gain and i think this is a good result!
As for the settings, i would stick with the default one, only choosing the level of AutoMM and if to switch Recovery mode ON (as me)! Extrapip signals could be a good idea, but u must check how many pips from the signal ur broker permit to place limit orders and add the spread, and this could cause missing of lot of good trades! I think 1 of the good things of Fore diamond is exactly tha u can use it out of the box with default settings!
Title: Re: Forex Diamond EA
Post by: corre971 on April 07, 2014, 04:40:13 PM
See my signature 2.5% with recovery ON... No changes so far ONLY I deposit more fund

Very good results with default settings and recovery ON (like me)
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 07, 2014, 04:46:15 PM
I had three trades on USDJPY with +9.6, +5.5 and +2.4 pips today.
Very nice!

@corre971: you signature is VERY hugh! could you try to scale it down?
Title: Re: Forex Diamond EA
Post by: corre971 on April 07, 2014, 08:06:06 PM
I had three trades on USDJPY with +9.6, +5.5 and +2.4 pips today.
Very nice!

@corre971: you signature is VERY hugh! could you try to scale it down?
I have changed the size to medium! But i would like to have all 3 side by side to use less spave! How to do it?
Title: Re: Forex Diamond EA
Post by: donbon2 on April 07, 2014, 10:43:06 PM
this continues to do its thing quite well - just the one $yen hiccup last week but has bounced back well since.

I changed my settings down to 2% eur 3% gbp and yen

as far as someone saying CHF was profitable - I just went off the vendors account where it lost money over the life of the account.

also I didn't see any long term difference between recovery on or off over time - so rather than increase risk I left that off.... again based of the vendors data.

by far the best bot I'm running with drive gold the worst at the moment.
Title: Re: Forex Diamond EA
Post by: dseddie on April 08, 2014, 01:07:15 AM
corre971,

How do you trade AUDUSD? what do you enter in the custom pair setting? Last month EUR and GBP did badly for me first half of March. Mainly S1

Thanks
Title: Re: Forex Diamond EA
Post by: Johno on April 08, 2014, 07:30:35 AM

I have changed the size to medium! But i would like to have all 3 side by side to use less spave! How to do it?

Click on your picture. Then click on "forum profile". Look for where the typed text is in the box. ..These are your myfxbook links. Make sure that between each link there is only a space, not an "enter" keystroke. If you only have a "space" keystroke then they should line up horizontally when you look again.

Probably just backspace the front of each one, and then space it one click. Hope this makes sense. John.
Title: Re: Forex Diamond EA
Post by: corre971 on April 08, 2014, 07:42:50 AM

I have changed the size to medium! But i would like to have all 3 side by side to use less spave! How to do it?

Click on your picture. Then click on "forum profile". Look for where the typed text is in the box. ..These are your myfxbook links. Make sure that between each link there is only a space, not an "enter" keystroke. If you only have a "space" keystroke then they should line up horizontally when you look again.

Probably just backspace the front of each one, and then space it one click. Hope this makes sense. John.

many thanks! Now all looks OK! Sorry if before my links was occupying too much space  :-[
Title: Re: Forex Diamond EA
Post by: Johno on April 08, 2014, 09:59:15 AM
@Corre.
Hey, coool..... Looks bitchin... A row of climbing graphs.. Still got space for another one.
Title: Re: Forex Diamond EA
Post by: corre971 on April 08, 2014, 10:11:44 AM
@Corre.
Hey, coool..... Looks bitchin... A row of climbing graphs.. Still got space for another one.

Are almost all tests (1 is real account, but i consider it still a test)! Soon i will add my bigger account! Tnx!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 08, 2014, 11:20:19 PM
I now have 4 shorts in USDJPY 3 S1 and 1 S2 is this correct?
Title: Re: Forex Diamond EA
Post by: goodexp on April 09, 2014, 12:31:00 AM
I now have 4 shorts in USDJPY 3 S1 and 1 S2 is this correct?

if you use the default setting.now 3 sell s1 and 1 s2 is correct.
i have the same now.
Title: Re: Forex Diamond EA
Post by: donbon2 on April 09, 2014, 12:47:43 AM
me too .. I use default settings and I have 4 short positions as well.

since I started with FD - I'm + 55.2 pips in $yen .. which includes losing 50 on the stop the other day

so not too worried about the position to be honest .. it seems to have a fairly good system for $yen and that's what the vendors history shows as well.

Title: Re: Forex Diamond EA
Post by: goodexp on April 09, 2014, 01:00:27 AM
me too .. I use default settings and I have 4 short positions as well.

since I started with FD - I'm + 55.2 pips in $yen .. which includes losing 50 on the stop the other day

so not too worried about the position to be honest .. it seems to have a fairly good system for $yen and that's what the vendors history shows as well.

since i use it,i have get more than 2000 pipis...but with a small account.

and yesterday i start a $50000 account with diamond.

bad luck,i think these open orders will SL.....Just my opinion。。。
Title: Re: Forex Diamond EA
Post by: donbon2 on April 09, 2014, 01:04:47 AM
hmm ok .. well that is bad timing I guess

but the day is just beginning - so let;s hope we at least get one dip to get out on.

Title: Re: Forex Diamond EA
Post by: corre971 on April 09, 2014, 08:23:54 AM
I think that nothing strange is happening! If you look at the history of the trades of Forex Diamond, you can see long winning streaks, and that losing trades are consecutive and concentrated in 1-2 days! The important is that we run FD with an MM compatible with our risk attitude (and anyway i think that a risk higher than 2-3 is too much, but is  my opinion)! From my side i am running it with Recovery=On and autoMM=1.5, so i will have the possibility also to slightly increase the lot size to 1.7 - 2! ;)
Title: Re: Forex Diamond EA
Post by: corre971 on April 09, 2014, 08:34:03 AM
Also, is a good idea to increase the amount in an account where you are running a succesfull strategy, but, for my experience (not so long on automated forex robots, but almost 20 years in trading futures with automated but manual strategies) the right timing is exactly after a "bad" period! Anyway Forex diamond till now always demonstrated an excellent capacity to recover, and will do it again!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 09, 2014, 11:53:16 AM


...Here is the set-file if someone wants to try test it out...

Why does your set file have so many more inputs than mine? Or am I missing something obvious? ???

Can anyone answer this, pretty please  :) :-[
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 09, 2014, 12:06:50 PM


...Here is the set-file if someone wants to try test it out...

Why does your set file have so many more inputs than mine? Or am I missing something obvious? ???

Can anyone answer this, pretty please  :) :-[

You got two ex4 files:
ForexDiamond_v4.2.ex4 and ForexDiamondSimple_v4.2.ex4
I guess you are using the "simple".
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 09, 2014, 12:18:16 PM
You got two ex4 files:
ForexDiamond_v4.2.ex4 and ForexDiamondSimple_v4.2.ex4
I guess you are using the "simple".

I am using V4.0 (i asume coz I am still on build 509) but not the "simple" but perhaps there lies the problem?.... or does someone else have an idea
Title: Re: Forex Diamond EA
Post by: corre971 on April 09, 2014, 01:52:49 PM
You got two ex4 files:
ForexDiamond_v4.2.ex4 and ForexDiamondSimple_v4.2.ex4
I guess you are using the "simple".

I am using V4.0 (i asume coz I am still on build 509) but not the "simple" but perhaps there lies the problem?.... or does someone else have an idea

The "simple" version is of course the same EA, only has less parametrs to be customized! Maybe the only important thing it does not have (and i am not sure) is the Recoveryfunction.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 09, 2014, 10:36:34 PM
Just checking here...

I got in GBPUSD
3 short S2
1 long S2
1 Short S3
Title: Re: Forex Diamond EA
Post by: corre971 on April 09, 2014, 10:43:50 PM
Just checking here...

I got in GBPUSD
3 short S2
1 long S2
1 Short S3

Yes, plus an S2 short on EU! Today i had on my account about 40 trades by all my eas(and some were switch ed off)! Anyway had very good results and many pips! :)
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 09, 2014, 10:55:55 PM
Yes, plus an S2 short on EU! Today i had on my account about 40 trades by all my eas(and some were switch ed off)! Anyway had very good results and many pips! :)

Yes I have the S2 short in EURUSD and just got a S2 short in the USDJPY...

which EAs did you switch off?  ???

they must be controlled by the broker  ;D ;) ;D ;)
Title: Re: Forex Diamond EA
Post by: corre971 on April 10, 2014, 09:53:39 AM
Yes, plus an S2 short on EU! Today i had on my account about 40 trades by all my eas(and some were switch ed off)! Anyway had very good results and many pips! :)

Yes I have the S2 short in EURUSD and just got a S2 short in the USDJPY...

which EAs did you switch off?  ???

they must be controlled by the broker  ;D ;) ;D ;)

I would not go OT, anyway i was referring to pre-asian scalpers (in particular to Scalpino): they scalp for few pips and to avoid S/L u must switch OFF during important meetings or news releases!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 11, 2014, 06:10:51 PM
Do you guys leave the Friday close as false too...? ? ?
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 11, 2014, 06:27:06 PM
Do you guys leave the Friday close as false too...? ? ?

yes
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 11, 2014, 06:31:02 PM
Merci
Title: Re: Forex Diamond EA
Post by: goodexp on April 11, 2014, 06:47:27 PM
Do you guys leave the Friday close as false too...? ? ?

just use the default setting enough.
when  Monday market open,maybe your order reach directly the TP,on the other way,it's possible have a small loss too.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 11, 2014, 10:30:52 PM
First week with the Diamond...rough or already polished??

Loads of trades and +164.3 pips...

a short in USDCHF open over the WE at close -11 pips...

 ;D 8) :-*

Title: Re: Forex Diamond EA
Post by: guernica on April 14, 2014, 01:36:50 AM
Do you guys leave the Friday close as false too...? ? ?
yes
What happened today with usdchf is the why i prefer leave the Friday function turned on.
Title: Re: Forex Diamond EA
Post by: goodexp on April 14, 2014, 07:54:00 AM
Do you guys leave the Friday close as false too...? ? ?
yes
What happened today with usdchf is the why i prefer leave the Friday lose function turned on.

i dont use that function,because that i will be reach the TP also.
Title: Re: Forex Diamond EA
Post by: corre971 on April 14, 2014, 08:04:07 AM
I woul suggest to leave the default settings on Forex diamond! It showed to works very good in this way and only to choose if to use the Recoverymode or not and an apprpriate AutoMMvalue, based on the risk we want to expone our account and on the importance the account has for us! I would not use a value higher than 2 - 2.5! Of course some losing trades will be triggered (and this is absolutely normal) but till now Forex diamond showed an excellent recovery ability! I am using it on a bigger account with an automm value of 1.5 (and i am ready to rise it, is necessary up to 2) and on a smaller account a value of 2 (to rise, if necessary up to 2.5)! Till now FD made a lot of trades and a lot of pips!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 14, 2014, 12:08:10 PM
I woul suggest to leave the default settings on Forex diamond!

But it looks like the short USDCHF on your account was closed on Friday ? ? Manual or have you changed the settings? ?
Title: Re: Forex Diamond EA
Post by: corre971 on April 14, 2014, 01:56:46 PM
I woul suggest to leave the default settings on Forex diamond!

But it looks like the short USDCHF on your account was closed on Friday ? ? Manual or have you changed the settings? ?

My USDCHF was closed yesterday (not friday) with the same loss the vendor had on his account! I use default settings, so when the vendor has winning trades, i have almost the same, when he has losing trades, me too!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 14, 2014, 02:06:36 PM
My USDCHF was closed yesterday (not friday) with the same loss the vendor had on his account! I use default settings, so when the vendor has winning trades, i have almost the same, when he has losing trades, me too!

I looked in the first account in your signature "Excel market tests" and it closed Friday with -10. Same entry price as I had.

I see now in another of your accounts the swissy closed sunday night.
Title: Re: Forex Diamond EA
Post by: corre971 on April 14, 2014, 02:17:59 PM
My USDCHF was closed yesterday (not friday) with the same loss the vendor had on his account! I use default settings, so when the vendor has winning trades, i have almost the same, when he has losing trades, me too!

I looked in the first account in your signature "Excel market tests" and it closed Friday with -10. Same entry price as I had.

I see now in another of your accounts the swissy closed sunday night.

I have checked and in part u are right: i have 2 demo accounts with excel markets and strangely on 1 (the test with FD, VF and Scalpino) the trade was closed on friday with -10. Strangely, on another demo on the samne broker (High risk tests) it was closed yesterday with -29 pips. But on my bigger real account (for the moment is not pubblic) was closed yesterday with about -34 pips. Anyway on the real account on Activtrades in my signature, from today i am running also Forex diamond, Volatility factor and Wall street (now i will change the name of the account), so that u will be able to check my trades also with Forex diamond. Consider that this is a standard account with Activtrades with high spreads, so that u must have better results! :D
Title: Re: Forex Diamond EA
Post by: Johno on April 14, 2014, 06:05:26 PM

Hello Corre...

Is it possible to please adjust two of your visible accounts, so we can see the comment on the end of each trade. On these two accounts I cant see which EA has taken which trade in history.


http://www.myfxbook.com/members/corre71/activtrades-classic-fx-pride/869744 (http://www.myfxbook.com/members/corre71/activtrades-classic-fx-pride/869744)
http://www.myfxbook.com/members/corre71/corre71-active-high-risk-tests/817194 (http://www.myfxbook.com/members/corre71/corre71-active-high-risk-tests/817194)

Each trade doesn't have the little yellow bubble, only a graph. It doesn't say if it is WS or FD or whatever.


Thanks... Johno
Title: Re: Forex Diamond EA
Post by: corre971 on April 14, 2014, 06:55:50 PM

Hello Corre...

Is it possible to please adjust two of your visible accounts, so we can see the comment on the end of each trade. On these two accounts I cant see which EA has taken which trade in history.


http://www.myfxbook.com/members/corre71/activtrades-classic-fx-pride/869744 (http://www.myfxbook.com/members/corre71/activtrades-classic-fx-pride/869744)
http://www.myfxbook.com/members/corre71/corre71-active-high-risk-tests/817194 (http://www.myfxbook.com/members/corre71/corre71-active-high-risk-tests/817194)

Each trade doesn't have the little yellow bubble, only a graph. It doesn't say if it is WS or FD or whatever.


Thanks... Johno
Try now! I think u will be able to check the magic numbers and also to make a custom analisys! On 1 of the demo accounts u wil find some trades Made by FD on un supported pairs: it was a test but was not a so good idea!
Title: Re: Forex Diamond EA
Post by: Johno on April 14, 2014, 07:24:30 PM

Thanks... Just been browsing through. I do like the way my FD trades. ...

Your other one (EA1234 / 5) seems very active, not sure what it is.
Title: Re: Forex Diamond EA
Post by: corre971 on April 14, 2014, 08:40:58 PM

Thanks... Just been browsing through. I do like the way my FD trades. ...

Your other one (EA1234 / 5) seems very active, not sure what it is.
It's very active but also very risky! It's a test and trying to improve and optimize it but need patience and time!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 15, 2014, 10:20:55 PM
3 short positions in UsdYen

I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.
Title: Re: Forex Diamond EA
Post by: corre971 on April 15, 2014, 11:00:15 PM
Signal 2 (countertrend )on usdchf (also if with few trades) is profitable!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 16, 2014, 12:15:20 AM
I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.

I just mentioned this trade coz everyone said use defaults but I saw on some accounts the trade was closed friday and not as on the ref account...I aint got problems with losses just wanted to check...
Title: Re: Forex Diamond EA
Post by: forexfish on April 16, 2014, 01:05:41 AM
I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.

I just mentioned this trade coz everyone said use defaults but I saw on some accounts the trade was closed friday and not as on the ref account...I aint got problems with losses just wanted to check...

I also use default settings. My trade was closed at loss 34 pips after market opened on Sunday.
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 16, 2014, 01:12:28 AM
I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.

I just mentioned this trade coz everyone said use defaults but I saw on some accounts the trade was closed friday and not as on the ref account...I aint got problems with losses just wanted to check...
I also use default settings. My trade was closed at loss 34 pips after market opened on Sunday.

Same here.

The current open trades doesn't look good! :(
Title: Re: Forex Diamond EA
Post by: forexfish on April 16, 2014, 01:18:53 AM
I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.

I just mentioned this trade coz everyone said use defaults but I saw on some accounts the trade was closed friday and not as on the ref account...I aint got problems with losses just wanted to check...
I also use default settings. My trade was closed at loss 34 pips after market opened on Sunday.

Same here.

The current open trades doesn't look good! :(

Yes, currently USDJPY 3 trades against 24 pips so far and SL is around 60 pips level, hope these get closed at BE or profit.
Title: Re: Forex Diamond EA
Post by: goodexp on April 16, 2014, 03:29:02 AM
I'm surprised every time I read a post about people having issues with $Chf .. if you look in the vendors account - it's a loser so not sure why so many people bother with it.

I just mentioned this trade coz everyone said use defaults but I saw on some accounts the trade was closed friday and not as on the ref account...I aint got problems with losses just wanted to check...
I also use default settings. My trade was closed at loss 34 pips after market opened on Sunday.

Same here.

The current open trades doesn't look good! :(

Yes, currently USDJPY 3 trades against 24 pips so far and SL is around 60 pips level, hope these get closed at BE or profit.

i think it will be closed by SL because of the News.And then go down.
Title: Re: Forex Diamond EA
Post by: goodexp on April 16, 2014, 05:11:33 AM
i pause the EA and wait for the usdjpy going down!
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 06:22:53 AM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?
Title: Re: Forex Diamond EA
Post by: goodexp on April 16, 2014, 07:04:20 AM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?

i did't change the S/L or cancel it.only switched off the EA,but i think these ordees of usdjpy maybe  loss.....bad luck
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 08:17:11 AM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?

i did't change the S/L or cancel it.only switched off the EA,but i think these ordees of usdjpy maybe  loss.....bad luck
I understand. But i think that FD will try to close the position at a better price than s/l (if u do not have the setting Closeonlyonprofit=True, that for my point of view is not suggested) on a retracement (of course if a retracement occurs). So, if you have the EA ON, it will handle the position dinamically (and if a retracement occur, it will evaluate to close the 3 position with a smaller loss). If you switched OFF the EA, u will have only 2 possibility: full s/l or full t/p, and since the s/l is closer it would be easier to hit before the s/l. If u have the EA ON, if a retracemnt occurs, the position could be closed at a better price!
Title: Re: Forex Diamond EA
Post by: billtornade on April 16, 2014, 08:27:58 AM
Folks, not sure of where to put this: I am trying to publish an account on myfxbook, but I cannot find tab ''publisher'' on the MT4 platform anymore... Any idea? Tx
Title: Re: Forex Diamond EA
Post by: goodexp on April 16, 2014, 08:39:28 AM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?

i did't change the S/L or cancel it.only switched off the EA,but i think these ordees of usdjpy maybe  loss.....bad luck
I understand. But i think that FD will try to close the position at a better price than s/l (if u do not have the setting Closeonlyonprofit=True, that for my point of view is not suggested) on a retracement (of course if a retracement occurs). So, if you have the EA ON, it will handle the position dinamically (and if a retracement occur, it will evaluate to close the 3 position with a smaller loss). If you switched OFF the EA, u will have only 2 possibility: full s/l or full t/p, and since the s/l is closer it would be easier to hit before the s/l. If u have the EA ON, if a retracemnt occurs, the position could be closed at a better price!

FD will try to close the position at a better price than s/l.But sometimes when usdjpy go down 1/3,and than go on go up,i will close the trades.so at this time i like pause the EA,and wait for a better price.
Title: Re: Forex Diamond EA
Post by: goodexp on April 16, 2014, 08:42:10 AM
Folks, not sure of where to put this: I am trying to publish an account on myfxbook, but I cannot find tab ''publisher'' on the MT4 platform anymore... Any idea? Tx

if u can't find publisher,please go on finding.But i advice that you can try to use EA to update your myfxbook.you can see some "help" on myfxbook website.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 16, 2014, 08:57:36 AM
Folks, not sure of where to put this: I am trying to publish an account on myfxbook, but I cannot find tab ''publisher'' on the MT4 platform anymore... Any idea? Tx

TOOLS - OPTIONS - FTP ...thats where the publisher is now
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 10:56:44 AM
Short analisys based on Elliott Wave analysis (i must precise that, also if i know EW good, do not rely on it specially on forex and specially on shortre timeframes).

On the 15 min. we can clearly see 5 waves up and the 4th wave has a characteristical shape of a triangle. Now we must see an ABC correction, but this does not mean that our s/l will not be hit: infact the ABC can have the usual shape of a ZIGZAG (and we must hope this) or a less frequent shape of a running FLAT, and in this case the B wave up will exceede the top of the fifth wave and will hit the s/l (FLATs are very usual in the commodity market). So let's hope we will have an ABC Zigzag (or a normal FLAT). The A wave down will encounter support in the area of the 4th wave (triangle) and the B wave should not exceede the 5th wave top (if not we will have a Running Flat). After the B wave we will have a C wave down (and if for the principle od symmetry it must have the same extension of wave A, usually C waves are stronger than A, of course if the correction is a zigzag and not a flat)!! Let see!!
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 16, 2014, 12:40:18 PM
We will have big impact news soon. Puh! Scared!
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 02:26:34 PM
Short analisys based on Elliott Wave analysis (i must precise that, also if i know EW good, do not rely on it specially on forex and specially on shortre timeframes).

On the 15 min. we can clearly see 5 waves up and the 4th wave has a characteristical shape of a triangle. Now we must see an ABC correction, but this does not mean that our s/l will not be hit: infact the ABC can have the usual shape of a ZIGZAG (and we must hope this) or a less frequent shape of a running FLAT, and in this case the B wave up will exceede the top of the fifth wave and will hit the s/l (FLATs are very usual in the commodity market). So let's hope we will have an ABC Zigzag (or a normal FLAT). The A wave down will encounter support in the area of the 4th wave (triangle) and the B wave should not exceede the 5th wave top (if not we will have a Running Flat). After the B wave we will have a C wave down (and if for the principle od symmetry it must have the same extension of wave A, usually C waves are stronger than A, of course if the correction is a zigzag and not a flat)!! Let see!!
For sure is not a ZIGZAG, so we are going in to new max levels!
Title: Re: Forex Diamond EA
Post by: Fraois on April 16, 2014, 06:56:45 PM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?

i did't change the S/L or cancel it.only switched off the EA,but i think these ordees of usdjpy maybe  loss.....bad luck
I understand. But i think that FD will try to close the position at a better price than s/l (if u do not have the setting Closeonlyonprofit=True, that for my point of view is not suggested) on a retracement (of course if a retracement occurs). So, if you have the EA ON, it will handle the position dinamically (and if a retracement occur, it will evaluate to close the 3 position with a smaller loss). If you switched OFF the EA, u will have only 2 possibility: full s/l or full t/p, and since the s/l is closer it would be easier to hit before the s/l. If u have the EA ON, if a retracemnt occurs, the position could be closed at a better price!

Do you suggest not turning off FD during news events?
I mean if there are open trades, you'd better let FD handle them.
What if there are currently no trades during a news event, will you turn FD on or off?
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 07:30:11 PM
i pause the EA and wait for the usdjpy going down!
You mean that u switched off the ea and u are controlling the UJ trades manually and with no s/l?

i did't change the S/L or cancel it.only switched off the EA,but i think these ordees of usdjpy maybe  loss.....bad luck
I understand. But i think that FD will try to close the position at a better price than s/l (if u do not have the setting Closeonlyonprofit=True, that for my point of view is not suggested) on a retracement (of course if a retracement occurs). So, if you have the EA ON, it will handle the position dinamically (and if a retracement occur, it will evaluate to close the 3 position with a smaller loss). If you switched OFF the EA, u will have only 2 possibility: full s/l or full t/p, and since the s/l is closer it would be easier to hit before the s/l. If u have the EA ON, if a retracemnt occurs, the position could be closed at a better price!

Do you suggest not turning off FD during news events?
I mean if there are open trades, you'd better let FD handle them.
What if there are currently no trades during a news event, will you turn FD on or off?
I mean that of course if u have trades open is important to leave the EA to handling his trades dinamically!
As for the question to leave the EA on or to switch Off before release of important news it is a million dollar question and i would like to have the right answer, but is not like this! For preasian and asian scalper u must absolutely turn off the EA! For other eas is subjective! I like statistics and watching a lot of datas of all eas i am using! I have noted that a lot of them on EU are time sensitive! I mean that if u exclude trades during UK time results are better and DD are lower! For forex diamond this is not valid from my first check, and u will not improve profitability excluding trades on UK Session! For this matter u can see my last posts on the Volatility Factor topic! I think FD is profitable as it is and the best is to run it with default settings! Only to choose an appropriate automm value and if to turn off or on the recovery mode! I will intinge to run backtests with tick datas on different settings on all my eas, but since i have very few time and also my PC is fully loaded, i will leave the BT on FD at the end of the tests on other eas, because i think it works good how it is!
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 16, 2014, 07:37:29 PM
Oh boy, what a big loss :(
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 07:48:38 PM
Oh boy, what a big loss :(
It will recover! I am using automm= 1.5 and now i am increasing it to 1.7!
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 16, 2014, 07:53:24 PM
Oh boy, what a big loss :(
It will recover! I am using automm= 1.5 and now i am increasing it to 1.7!

I run it with automm = 3 and recovery on.
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 08:13:56 PM
Oh boy, what a big loss :(
It will recover! I am using automm= 1.5 and now i am increasing it to 1.7!

I run it with automm = 3 and recovery on.
So u cannot increase the MM value! I also use recovery ON but i am not sure on this! I think that with eas that opens multiple trades is better to have recovery OFF! But is only an impression! It would be nice if someone performa some BT with tick datas on FD with both settings recovery in and off! I cannot do it because i am running BT on volatility factor and my pc is fully loaded and so is very slow! In sumer  i will receive from my broker a PC for gift but till then i will not have the possibility to do this! Such BT would be important to have the better settings!
Title: Re: Forex Diamond EA
Post by: forexfish on April 16, 2014, 08:14:23 PM
Oh boy, what a big loss :(
It will recover! I am using automm= 1.5 and now i am increasing it to 1.7!

I run it with automm = 3 and recovery on.

Earlier we concluded USDJPY is the best pair FD but Today turnout totally opposite, needless to say future is uncertain.
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 16, 2014, 08:21:40 PM
Oh boy, what a big loss :(
It will recover! I am using automm= 1.5 and now i am increasing it to 1.7!

I run it with automm = 3 and recovery on.

Earlier we concluded USDJPY is the best pair FD but Today turnout totally opposite, needless to say future is uncertain.

Well, the loss today is due to charttechnique on EURJPY and GBPJYP. Both where long breakouts.
The USDJPY was draged with this two pairs.
Title: Re: Forex Diamond EA
Post by: guernica on April 16, 2014, 10:55:15 PM
We are in Easter Holidays and because of that i think is better turn off the EA.
The loss of liquidity for me is the explanation of the loss made today in usdjpy..
Title: Re: Forex Diamond EA
Post by: donbon2 on April 16, 2014, 11:01:17 PM
the nikkei rallied 2 % after FD sold the market - so it was going to be in trouble being short $yen

also it was a strong bounce and range break - so you can't blame it for selling

this is probably where - starting low MM setting with recovery in long run works better than too high a MM to start with.

finally we have always seen with this EA when it makes a loss it tends to bounce back pretty well.
Title: Re: Forex Diamond EA
Post by: corre971 on April 16, 2014, 11:23:16 PM
the nikkei rallied 2 % after FD sold the market - so it was going to be in trouble being short $yen

also it was a strong bounce and range break - so you can't blame it for selling

this is probably where - starting low MM setting with recovery in long run works better than too high a MM to start with.

finally we have always seen with this EA when it makes a loss it tends to bounce back pretty well.

I agree! Is important to run conservative MM values! It not only keep the DD values lower, but often give better return in money and pips at the end of the year!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 22, 2014, 09:13:07 AM
My trades from last week

04.14.2014 17:01   EURUSD   Sell   8.6
04.15.2014 18:01   USDJPY   Sell   -46.9
04.15.2014 18:46   USDJPY   Sell   -39.4
04.15.2014 19:31   USDJPY   Sell   -40.4
04.16.2014 12:01   USDJPY   Buy   -23.0
04.16.2014 18:07   GBPUSD   Sell   5.1
04.17.2014 10:16   GBPUSD   Buy   -4.9
04.17.2014 11:01   GBPUSD   Buy   5.4
04.17.2014 12:03   GBPUSD   Buy   9.8

Thanks to the Yen whipsaw -125.7 pips  :(
Title: Re: Forex Diamond EA
Post by: corre971 on April 22, 2014, 11:58:54 AM
My trades from last week

04.14.2014 17:01   EURUSD   Sell   8.6
04.15.2014 18:01   USDJPY   Sell   -46.9
04.15.2014 18:46   USDJPY   Sell   -39.4
04.15.2014 19:31   USDJPY   Sell   -40.4
04.16.2014 12:01   USDJPY   Buy   -23.0
04.16.2014 18:07   GBPUSD   Sell   5.1
04.17.2014 10:16   GBPUSD   Buy   -4.9
04.17.2014 11:01   GBPUSD   Buy   5.4
04.17.2014 12:03   GBPUSD   Buy   9.8

Thanks to the Yen whipsaw -125.7 pips  :(
Don't worry! If u look at the history of trades it is absolutely normal to have some consecutive losing trades! But after FD always recover ed fast! The better characteristic of FD is exactly this: a very good recovery factor! It need few time to recover to previuos equity high! My PC is slow and fully loaded but i hope for the end of the week to post some BT with recovery on and off and different automm values!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 22, 2014, 12:37:15 PM
I am not worried, in fact it will be good to see the recovery mode in action.
Title: Re: Forex Diamond EA
Post by: corre971 on April 22, 2014, 12:48:23 PM
I am not worried, in fact it will be good to see the recovery mode in action.
What automm value are u running with recovery on? Now my pc is performing other BT, but from to tomorrow i will start tick data BT with recovery on and off and different mm values to see the better ratio return/drawdown. From experience sometimes rising the mm value the result is that only the DD increase and not the profit! It will need a lot of time to perform These BT, but will be important! If someone else want to do it we will be able to compare results!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 22, 2014, 12:53:04 PM
What automm value are u running with recovery on?

I got Recovery ON and AutoMM=2
Title: Re: Forex Diamond EA
Post by: corre971 on April 22, 2014, 01:28:48 PM
What automm value are u running with recovery on?

I got Recovery ON and AutoMM=2
I think is good! I am using automm=1.5 with recovery ON! We will see in the backtests the best settings!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 22, 2014, 10:12:56 PM
I use on gbp and yen ... 2% recovery on with a maximum setting of 5% -- as the default goes up to 20% which is too high.

on eurusd which is a marginal pair - I just use flat 2% no recovery - as I don't want to increase my risk on the worst pair - if it hits a streak of losers.

this EA shows real promise -- but minor changes maybe necessary as we learn more about it over the long run.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 23, 2014, 03:12:56 PM
Just as I was begining to think the Diamond had disappeared with the Easter Bunny it wakes up with 3 quick EU profit trades
 :)
Title: Re: Forex Diamond EA
Post by: corre971 on April 23, 2014, 04:17:00 PM
Just as I was begining to think the Diamond had disappeared with the Easter Bunny it wakes up with 3 quick EU profit trades
 :)
I was thinking the same as almost my eas were sleeping from about 1 week! and Now FD started with 3 nice winning trades (and i have had also better results on my account with higher spreads)! ;D
Title: Re: Forex Diamond EA
Post by: donbon2 on April 23, 2014, 11:03:30 PM
I see they made 22 points - I made 19 - also there was a trade on VF and WS for small gains - but I didn't get those trades in my account using Pepperstone Razor .. also I see a GBP short - I haven't got this trade either

which is unusual because up till now I match their accounts .. bit puzzled.
Title: Re: Forex Diamond EA
Post by: corre971 on April 23, 2014, 11:11:40 PM
I see they made 22 points - I made 19 - also there was a trade on VF and WS for small gains - but I didn't get those trades in my account using Pepperstone Razor .. also I see a GBP short - I haven't got this trade either

which is unusual because up till now I match their accounts .. bit puzzled.
It is strange but on my smaller account with higher spread i have Made about 27 pips! I have also the GU short and had the WSFR Winning trade on audusd but did not had any trade on volatility factor on noone of my live accounts or demo accounts! I see 2 winning trades on VF eurusd in the forexrazor account! Did u had These trades on EU or some trades on gbpusd?
Title: Re: Forex Diamond EA
Post by: donbon2 on April 23, 2014, 11:23:42 PM
FD

3 winning trades on eurusd -- I show about 19 pips profit -- but one of my t/p was at 30 while theirs was at 36 on the same trade.

no trade in gbpusd ... their account shows a trade (missing)

VF

I have no trades

WS

I had no trades

..... when I checked MyFXBook - they have 2 trades I don't .. both made money.
Title: Re: Forex Diamond EA
Post by: corre971 on April 24, 2014, 07:43:22 AM
FD

3 winning trades on eurusd -- I show about 19 pips profit -- but one of my t/p was at 30 while theirs was at 36 on the same trade.

no trade in gbpusd ... their account shows a trade (missing)

VF

I have no trades

WS

I had no trades

..... when I checked MyFXBook - they have 2 trades I don't .. both made money.

I have used Pepperstone in demo for 1 month and it was skipping many trades on diffrent eas! I am sure is a very good broker and very reliable, but is not the first time i read in the forum that traders using Pepperstone mis some trades! I have not so much choice in choosing Brokers for some absurd laws of my country and so i am forced to use Activtrades (godd data feed, spreads so so)! I would stick with brokers used by the vendors (Alpari and now i see alot usinf FXOpen STP)!
As for forex diamons is the Ea where i have the bigger coincidence of trades with the vendor (is at least 95% if not more)!
I hade the trade on AUDUSD on WSFR but i had no trades on Volatility factor: i do not see trades on the vendor official account (using only GU) but 2 nice trades on EU on Forexrazor ( i did not had these trades, but i am also using special settings)!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 24, 2014, 09:04:42 AM
I'm guessing because I was using the news filter was why I missed a few trades on those

so I disabled it now.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 24, 2014, 09:23:25 AM
I'm guessing because I was using the news filter was why I missed a few trades on those

so I disabled it now.

Diamond has no news filter
Title: Re: Forex Diamond EA
Post by: donbon2 on April 24, 2014, 09:24:55 AM
I was referring to the 2 other products I use from the same vendor.
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 24, 2014, 09:29:09 AM
OK (might be a good idea at some point)
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 24, 2014, 11:01:33 AM
I'm guessing because I was using the news filter was why I missed a few trades on those

so I disabled it now.

My setup for WSFR is that:

Latest version
GBP30: 7% risk, newsfilter on
GBPUSD: 3% risk, newsfilter on
EUR33: 5%, newsfilter on
EURUSD: 3%, newfilter on

Version 3.9
GBPUSD: 2%, newsfilter off
EURUSD: 2%, newsfilter off

It is very very seldom that more the one trade is open for each symbol.
Also it is very seldom that a trade is blocked due to the newsfilter.
Title: Re: Forex Diamond EA
Post by: corre971 on April 24, 2014, 11:23:43 AM
I see u are  not using the most profitable pairs of WSFR: from the end of January i had the following results: AUDUSD +108 pips; USDJPY +219 pips; USDCHF +66 pips. This is on my Activtrades STP with not so good spreads! Attached screens!
Title: Re: Forex Diamond EA
Post by: [GooSe] on April 24, 2014, 12:18:14 PM
I see u are  not using the most profitable pairs of WSFR: from the end of January i had the following results: AUDUSD +108 pips; USDJPY +219 pips; USDCHF +66 pips. This is on my Activtrades STP with not so good spreads! Attached screens!

I use but only the standard setup and not different as with eurusd and gbpusd.
Title: Re: Forex Diamond EA
Post by: donbon2 on April 24, 2014, 12:50:58 PM
I know these ea's have been quiet - if your looking for more action

drive gold and benz aud/nzd

these basically trade everyday .. I've been real critical of Drive Gold because it builds alot of floating losses - but on days like today where the markets move alot - it does fairly well.
Title: Re: Forex Diamond EA
Post by: forexfish on April 25, 2014, 06:13:51 AM
I know these ea's have been quiet - if your looking for more action

drive gold and benz aud/nzd

these basically trade everyday .. I've been real critical of Drive Gold because it builds alot of floating losses - but on days like today where the markets move alot - it does fairly well.

Yes I had a disappointment from FD, my account was gained to 20% and now back to 0.82% after consecutive stop losses but I still hope.

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

I agree with you Drive Gold and Forex Benz are one of the good EAs perform well in these days, they runs as per expectations.
Title: Re: Forex Diamond EA
Post by: corre971 on April 25, 2014, 08:32:50 AM
I know these ea's have been quiet - if your looking for more action

drive gold and benz aud/nzd

these basically trade everyday .. I've been real critical of Drive Gold because it builds alot of floating losses - but on days like today where the markets move alot - it does fairly well.

Yes I had a disappointment from FD, my account was gained to 20% and now back to 0.82% after consecutive stop losses but I still hope.

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

I agree with you Drive Gold and Forex Benz are one of the good EAs perform well in these days, they runs as per expectations.
I am running FD from 05 Feb and i am in gain of 287 pips from then also considering the last s/l! I was not in gain of 20% because i am using conservative automm value of 1.5 on the bigger account and 2 on my smaller! I think is important to run all eas, including FD with not so high mm value! I have found for example that, running BT on other eas, using lower values of MM not only reduce DD, but also increase the total profit in the middle term! I have tried to run some BT also on FD to find the more balanced automm value, but it don't want to start(my PC i think need a reboot), i will try again!
Title: Re: Forex Diamond EA
Post by: TradeNow on April 25, 2014, 09:53:36 AM
Hi,

after reviewing all my results from last years i decided to stop all those non grid eas.
Diamond has a good start but now it seems to be business as usual. Hope it will recover for you guys but i refunded before 60 day is over.
This year i will try only grids. My first years ea trading i burned some accounts with grids but with some actual eas like envy gto driveeas and my favourite tomsea i made some nice profits since januar.

We will see... :)
Br
Mark




Title: Re: Forex Diamond EA
Post by: donbon2 on April 25, 2014, 11:07:49 AM
I know what your saying .. at the end of the day these things have to perform.

The thing is markets take on different characteristics during the year - right now small ranges so those type of grids can do their thing without worrying about a blow out.

So I don't mind some of these slowing down because that is just the market.

I have a broad range of strategies on my account and feel pretty comfortable with - FD VF and WS -- being 3 of them

with another scalper / Benz and Drive Gold... providing diversity.
Title: Re: Forex Diamond EA
Post by: corre971 on April 25, 2014, 02:16:15 PM
I absolutely agree that a diversification is fundamental in a portofolio strategies! I use for trading not more than 10% of my capital and for trading i use differnt eas (and also considering if will have time to restart with some manual trading), and also considering to introduce a grid EA in my portfolio (i think i will try Night Channel trader that now is sold with big discount and is developed by a team of my same country); the same Volatility Factor with his settings of manegadd, better price pips, recovery on and Forceloss can be used in similar manner of a grid trader ( in the V f thread i have posted some very interesting settings for VF on EURUSD)! But for sure we cannot compare FOrex Diamond to a martigrid! If we see on the vendor account (and FD is the less broker sensitive EA i have ever used) in few more than 1 year it delivered 2000 pips with a very low DD: 13%! For a martigrid a 40% and more DD is normal and so you must use very small lots and honestly i would never use a martigrid on a 20 k usd account, while for sure i would (and i am currently) do it with FD! So if at the end of the year FD has a similar gain in pips of a martigrid, for sure, using higher lot size, the result in money (which is the most important) will be higher or at the worst case the same but with a much lower DD! I am testing a lot of EAs and will add some of them to my live account next months, but for sure if i must choose 1 EA now as the best for 2014 i would choose forex diamond! Of course noone can predict the future, but i am very confident with FD!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 28, 2014, 10:18:46 PM
Just a semi BUMP...gone quiet here...

today S/L on a USDCHF Short and a (call it) BE on a 3 position S1 EURUSD long.
Title: Re: Forex Diamond EA
Post by: corre971 on April 28, 2014, 10:30:29 PM
Just a semi BUMP...gone quiet here...

today S/L on a USDCHF Short and a (call it) BE on a 3 position S1 EURUSD long.
The same here!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 28, 2014, 11:49:15 PM
I had a winning gbp trade friday I guess .. small loss in eurusd last night  .. and I don't use $chf because as I said even in their account it loses money - so I couldn't be bothered having it on mine.
Title: Re: Forex Diamond EA
Post by: corre971 on April 29, 2014, 07:45:55 AM
I had a winning gbp trade friday I guess .. small loss in eurusd last night  .. and I don't use $chf because as I said even in their account it loses money - so I couldn't be bothered having it on mine.
I had also this winning trade on GBPUSD on both my live account: +9.7 pips on Activtrades Pro - +9.3 on Activtrades Classic! Now FD must recover.
Title: Re: Forex Diamond EA
Post by: donbon2 on April 29, 2014, 08:21:33 AM
yeah it would be nice to see a string of nice trades this week ... lets hope... all the best.
Title: Re: Forex Diamond EA
Post by: HOH1 on April 29, 2014, 08:38:33 AM
I've  missed the EURUSD trades somehow.
Not too unhappy fo missing loss trades  ;), but I wonder how the trades could be missed.
I am using the simple version with risk @ 2% and recovery mode disabled.

Does anybody have an idea ?

Thanks


    HOH
Title: Re: Forex Diamond EA
Post by: corre971 on April 29, 2014, 09:36:33 AM
I've  missed the EURUSD trades somehow.
Not too unhappy fo missing loss trades  ;), but I wonder how the trades could be missed.
I am using the simple version with risk @ 2% and recovery mode disabled.

Does anybody have an idea ?

Thanks


    HOH

From my experience Forex diamond is the EA where mostly my trades match the trades on the vendor account! Of course it is an EA and different brokers with differnt data feeds could in part cause a small difference (but from my experience on FD this is very limited)! I use also other EAs where the differnces are higher! I am using Activtrades, which has not so incredible spreads but data feed is good! I cannot open accounts outside my country, but if was possible i would use Alpari (i see a lot of vendors uses Alpari as official accounts, and that means that his datafeed is good for EAs). What broker are u using?
Title: Re: Forex Diamond EA
Post by: HOH1 on April 29, 2014, 05:50:26 PM
Hi Corre971,

thanks for your answer.

I am using Admiral Markets, which offer a pretty good service and are EU regulated.

Spreads are tight - I would say a bit better than Alpari - and I never had any issue with them.

Title: Re: Forex Diamond EA
Post by: corre971 on April 29, 2014, 07:30:26 PM
Hi Corre971,

thanks for your answer.

I am using Admiral Markets, which offer a pretty good service and are EU regulated.

Spreads are tight - I would say a bit better than Alpari - and I never had any issue with them.
I am not speaking about the quality of a Broker and his spreads! EAs trades are triggered based on the data feed of the broker u are using! Some brokers has data feeds that simply triggers less trades than other brokers! That does not mean that the Broker or his data feed is not good, only that his data feed is not so good for this EA! I am using Activtrades (spreads are not so good) and on a lot of eas i have more trades than the trades the vendor had on his account! If you check official accounts of differnt s eas, u will see that they use almost all the same limited numbers of brokers, and this for good reasons! Do u use on Admiral also,other eas? Also on These u miss some trades? U can use forex diamond on 2 demo account! Run it on 2 different brokers and see if they miss trades!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 29, 2014, 09:57:52 PM
I'm not sure either .. I missed a losing gbp trade last week at some point - but otherwise my trades with FD match up with the official one pretty close.

I did have a difference in t/p level last week though.... I'm using Pepperstone.

Small Profit o/n in gbpusd .. so at least we are on the right track.
Title: Re: Forex Diamond EA
Post by: HOH1 on April 30, 2014, 08:51:53 AM
Thanks Corre for that information.

I will check it out with a different demo accout.

I am using actually Fx Monetizer and Megadroid on the same broker and had a trade on Fx Monetizer which is not reflected in their accounts (I have posted on that in the Fx Monetiozer forum).

But I have just started so, I think it's too early for me to make a valid staement.

By the way, yesterday I matched all the FD trades.
But I have slightly different entries and exits which worked to my advantage this time.
FD accounts show an overall profit of 4.0 Pips, whereas I had profits on the same trades of 8.1 pips.
Title: Re: Forex Diamond EA
Post by: corre971 on April 30, 2014, 09:41:52 AM
Thanks Corre for that information.

I will check it out with a different demo accout.

I am using actually Fx Monetizer and Megadroid on the same broker and had a trade on Fx Monetizer which is not reflected in their accounts (I have posted on that in the Fx Monetiozer forum).

But I have just started so, I think it's too early for me to make a valid staement.

By the way, yesterday I matched all the FD trades.
But I have slightly different entries and exits which worked to my advantage this time.
FD accounts show an overall profit of 4.0 Pips, whereas I had profits on the same trades of 8.1 pips.
Good! I think you will see in next months that as for Forex Diamond your trades will macth at least at 90% the trades of the vendor account! Of course the entry and exit points could not be exactly the same and they will differ a few for different spread values, few lag in execution and all the stuff involved in real trading! The vendor has 2 differnt accounts and also if you check both of them you will see slight differnces and it is normal!
Title: Re: Forex Diamond EA
Post by: caddyhexe on April 30, 2014, 09:55:05 PM
Long and Short GBPUSD open together...is this OK?? On ref account also
Title: Re: Forex Diamond EA
Post by: corre971 on April 30, 2014, 10:09:57 PM
Long and Short GBPUSD open together...is this OK?? On ref account also
Yes it is absolutely normal! Also seems that Forex diamond started again to trade frequently (in the way i like)! On my smaller account i had 2 short trades because while the account was running on a. VPS i have started the mt4 also on my PC and so it started, also if later a new short trades! Anyway i have closed manually both of them in gain! So now i am only long on GU! On my bigger account i have closed the sell trade manually at + 12.3 pips! Very good day for FD!
Title: Re: Forex Diamond EA
Post by: donbon2 on April 30, 2014, 10:17:24 PM
quite a few profitable trades o/n - and its long gbp now for me

should be busy few days to the end of the week ... WSR and Vol Factor - no trades at all this week.
Title: Re: Forex Diamond EA
Post by: corre971 on April 30, 2014, 10:37:30 PM
quite a few profitable trades o/n - and its long gbp now for me

should be busy few days to the end of the week ... WSR and Vol Factor - no trades at all this week.
I have had 2 trades on WSFR this week: USDCHF 29/04 -2.7 pips and GBPUSD this evening +11.4 pips ;)
Title: Re: Forex Diamond EA
Post by: HOH1 on May 01, 2014, 09:27:11 AM
Good day for me yesterday also.
I've missed the EURUSD trade, but took all the GBPUSD trades with +34.2 pips.

Interestingly the entry times are really very different from their account (not just difference of broker time) but the levels are quite similar.
I've never thought before that the data feed plays such a role.

I have one question to the more experienced users which are running multiple EAs.

Is it more advisable to run each EA on a different account, or can I club various EAs on one account ?
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 01, 2014, 09:34:24 AM
Is it more advisable to run each EA on a different account, or can I club various EAs on one account ?

This is just my experience.

As you can see in my signature I have one account running Diamond, Cabex and iProfit. I have another account running the same setup plus simpletrader for Viper.

So, although I say you should experiment and test first, I feel that well programmed EAs will work fine together on one account.
Title: Re: Forex Diamond EA
Post by: corre971 on May 01, 2014, 12:48:17 PM
Is it more advisable to run each EA on a different account, or can I club various EAs on one account ?

This is just my experience.

As you can see in my signature I have one account running Diamond, Cabex and iProfit. I have another account running the same setup plus simpletrader for Viper.

So, although I say you should experiment and test first, I feel that well programmed EAs will work fine together on one account.

I run 5 EA on my bigger account and had never a problem! Make only sure that your mt4 is not overloaded! You can reduce the memore absorbed by ur mt4 reducing the number of bars in history and on the chart!
Title: Re: Forex Diamond EA
Post by: HOH1 on May 02, 2014, 08:57:36 AM
Thanks Caddyhexe and Corre971 !
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 02, 2014, 10:54:56 AM
Do you Guys (and Gals) run Diamond thru NFP??
Title: Re: Forex Diamond EA
Post by: TradeNow on May 02, 2014, 12:27:48 PM
Do you Guys (and Gals) run Diamond thru NFP??

Imho its better to stop any ea except grids who are running. But all bts are made without interruption regarding news so why not breaking the law  ;)

Judas Priest - Breaking the law (http://www.youtube.com/watch?v=GyxLGSMtqtM#)

br and have a nice weekend
Mark
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 02, 2014, 12:45:14 PM
I have 2 accounts so I have turned off the larger one see what happens.

Love Judas Priest  8) 8)
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 02, 2014, 06:19:51 PM
My trades this week

04.28.2014 14:01   USDCHF   Sell   -20.0
04.28.2014 14:16   EURUSD   Buy   0.2
04.28.2014 14:32   EURUSD   Buy   0.4
04.28.2014 14:47   EURUSD   Buy   -1.4
04.29.2014 16:46   GBPUSD   Buy   4.3
04.29.2014 17:01   GBPUSD   Buy   6.4
04.29.2014 18:46   USDCHF   Buy   -1.6
04.29.2014 19:01   USDCHF   Buy   -1.1
04.29.2014 19:16   USDCHF   Buy   2.2
04.30.2014 09:20   EURUSD   Sell   4.1
04.30.2014 18:12   GBPUSD   Buy   11.4
04.30.2014 19:01   GBPUSD   Sell   9.6
04.30.2014 19:28   GBPUSD   Sell   3.4
04.30.2014 19:28   GBPUSD   Sell   3.2
04.30.2014 20:31   GBPUSD   Buy   5.1
04.30.2014 21:16   GBPUSD   Buy   4.6
05.01.2014 11:46   GBPUSD   Buy   3.0
05.01.2014 12:32   GBPUSD   Buy   12.6

Total 46.4 pips (am considering dumping the CHF seems to be dulling the shine of the diamond)

(https://img1.etsystatic.com/037/0/7243895/il_570xN.571812681_x0uh.jpg)
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 02, 2014, 06:21:10 PM
By the way Diamond didnt make any trades so I have learned zilch by turning one account off over the NFP...

Good weekend  8) :) ;)
Title: Re: Forex Diamond EA
Post by: corre971 on May 06, 2014, 11:13:52 AM
I know that one important rule is to not interfer with trades made by an EA, but rules have their exceptions, and i have closed manually in slight profit the 3 USDJPY trades!  :D
As for the buy trade on USDJPY closed in loss, i have had only 1 trade (not 2) as in the vendor account with Recovery ON! The other vendor account with recovery OFF had 2 trades in the basket!
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 06, 2014, 12:09:31 PM
... i have closed manually in slight profit the 3 USDJPY trades!  :D

I was waiting for something to make my 500th Post and now I have found it.

I too was tempted and tempted to close manually but I was a hero and sat on my hands 2/3 of USDJPY closed in profit and 1/3 running. As I am typing last short now closed all 3 for +22.2 pips

I didnt get any of the long USDJPY it came after my shut off time.
Title: Re: Forex Diamond EA
Post by: corre971 on May 06, 2014, 12:37:36 PM
... i have closed manually in slight profit the 3 USDJPY trades!  :D

I was waiting for something to make my 500th Post and now I have found it.

I too was tempted and tempted to close manually but I was a hero and sat on my hands 2/3 of USDJPY closed in profit and 1/3 running. As I am typing last short now closed all 3 for +22.2 pips

I didnt get any of the long USDJPY it came after my shut off time.
In fact my idea was not good at all! Always let FD doing its job! It can handle all better than us!
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 06, 2014, 09:05:20 PM
This time I closed the 3 USDJPY shorts on my larger account...BOJ minutes soon... ??? :( 8) :) who knows?

My gut feelings are not always good so dont follow me...you all have been warned  ;D ;)
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 07, 2014, 01:16:04 PM
Should have let it do its thing... :-[

Missed 28 pips on the USDJPY shorts
Title: Re: Forex Diamond EA
Post by: caddyhexe on May 11, 2014, 10:21:12 AM
100% profit trades for the Diamond this week...solid as a ROCK

(this is the smaller account with no manual influence)

05.05.2014 05:31   USDJPY   Sell   9.3
05.05.2014 05:47   USDJPY   Sell   6.2
05.05.2014 06:03   USDJPY   Sell   7.1
05.06.2014 15:46   GBPUSD   Buy   9.5
05.06.2014 16:02   GBPUSD   Buy   9.2
05.06.2014 18:16   USDJPY   Sell   14.2
05.06.2014 19:16   USDJPY   Sell   6.3
05.06.2014 19:32   USDJPY   Sell   8.3
05.07.2014 10:31   GBPUSD   Buy   7.5
05.08.2014 18:01   USDJPY   Buy   1.4
05.08.2014 20:16   EURUSD   Buy   4.0
05.09.2014 19:01   GBPUSD   Buy   7.2

I have dropped the USDCHF

Total of 90.2 pips   :) ;) ;D
Title: Re: Forex Diamond EA
Post by: forexfish on May 11, 2014, 10:44:06 AM
100% profit trades for the Diamond this week...solid as a ROCK

(this is the smaller account with no manual influence)

05.05.2014 05:31   USDJPY   Sell   9.3
05.05.2014 05:47   USDJPY   Sell   6.2
05.05.2014 06:03   USDJPY   Sell   7.1
05.06.2014 15:46   GBPUSD   Buy   9.5
05.06.2014 16:02   GBPUSD   Buy   9.2
05.06.2014 18:16   USDJPY   Sell   14.2
05.06.2014 19:16   USDJPY   Sell   6.3
05.06.2014 19:32   USDJPY   Sell   8.3
05.07.2014 10:31   GBPUSD   Buy   7.5
05.08.2014 18:01   USDJPY   Buy   1.4
05.08.2014 20:16   EURUSD   Buy   4.0
05.09.2014 19:01   GBPUSD   Buy   7.2

I have dropped the USDCHF

Total of 90.2 pips   :) ;) ;D

It was a great week for FD.

I run all pairs and gained 80 pips last week so now my FD account is positive.
Title: Re: Forex Diamond EA
Post by: HOH1 on May 11, 2014, 01:44:30 PM
Last week I had +94 Pips so far with a winning rate of 100%.

Actually I there is 1 trade open on GBPUSD with 6.8 Pips in profit.

In total about 100 Pips in a week which is a great result !
Title: Re: Forex Diamond EA
Post by: corre971 on May 11, 2014, 03:09:40 PM
Also here very goosd results on FD. On my bigger account (Real1) from 5 february i have had 400 pips gain and very low DD! On this account in the last week +71.7 pips (have closed manually some trades and will never do it again)

On my smaller account (with crappy spreads) from 23 april i had almost 100 pips and last week almost 70 pips (also here closed manually some trades)!

I am also running FD on a 3rd account (Real 2 but from few days!

I will also drop USDCHF. I do not have trades open on GBPUSD but on USDCHF

The accounts are public
Title: Re: Forex Diamond EA
Post by: corre971 on May 13, 2014, 05:16:50 PM
P.S.= Today very good day: 2 winning trade on Forex Diamond EURUSD + 1 winning trade on Wall Street EURUSD + 1 winning trade on Volatility Factor EURUSD and the best one on Forex Combo scalping EURUSD (+17.7 pips only this)!!! ;D
Title: Re: Forex Diamond EA
Post by: donbon2 on May 13, 2014, 10:30:47 PM
Yes - Corre a good night for the developer - just consistent profits especially since no $yen trades which seem to be where the most losses/profits come into play.

again I would say overall the best ea of the ones I own at the moment (of course markets/things change so keep that in mind)
Title: Re: Forex Diamond EA
Post by: Viktory on May 13, 2014, 10:39:47 PM
IMHO, nothing beats Forex Envy with proper money management and periodic withdrawals.
Title: Re: Forex Diamond EA
Post by: donbon2 on May 13, 2014, 11:18:08 PM
the problem with those type of EA's is they are good till they blow up .. no-one wants to wake up one day and see their account at Zero.
Title: Re: Forex Diamond EA
Post by: Viktory on May 13, 2014, 11:25:40 PM
That's precisely why I said "with proper money management and periodic withdrawals" ;)

The problem with short-term (intra-day and scalpers) trading EAs solely based on technical indicators, is that for the long run they are hardly slightly better than flipping coins with around 51/49 success, so you can not make a living with them. And their hard SLs are also very dangerous if get hit.
Title: Re: Forex Diamond EA
Post by: donbon2 on May 13, 2014, 11:52:31 PM
well that's the thing right - I trade with Rebates - the more volume the more rebates

so a 51/49  scalper is more valuable to me than a -100% or +100% EA

anyway FD has done well so far - see how it stands up to the test of time.
Title: Re: Forex Diamond EA
Post by: corre971 on May 14, 2014, 08:27:16 AM
Yes,  Forex Diamond is doing a very good Job and also do not need any babysitting!

Inviato dal mio SM-N9005 utilizzando Tapatalk

Title: Re: Forex Diamond EA
Post by: Johno on May 14, 2014, 08:36:12 AM
Likewise.. I like diamond. I have lowered my risk to 3, because when a real heavy SL hits, it can hit hard.

The maximum SL is a real doozy, so if the market changes its character we might be in for a pounding, but only time will tell.

I'm still using usdchf. I reckon that when another pair is taking strain then this one will be picking up.
Title: Re: Forex Diamond EA
Post by: corre971 on May 14, 2014, 09:22:17 AM
Likewise.. I like diamond. I have lowered my risk to 3, because when a real heavy SL hits, it can hit hard.

The maximum SL is a real doozy, so if the market changes its character we might be in for a pounding, but only time will tell.

I'm still using usdchf. I reckon that when another pair is taking strain then this one will be picking up.
I would not go beyond 3 MM value (i am using on my 3 accounts value between 1.5 and 2.5 and reduced mmmax to 5!
Title: Re: Forex Diamond EA
Post by: Johno on May 15, 2014, 03:21:21 PM
Getting hammered over here....
Title: Re: Forex Diamond EA
Post by: corre971 on May 15, 2014, 03:24:08 PM
Very bad day!!
Title: Re: Forex Diamond EA
Post by: goodexp on May 15, 2014, 03:32:17 PM
every time i reststart my diamond,i always bad luck........
Title: Re: Forex Diamond EA
Post by: Nadir on May 15, 2014, 03:55:48 PM
Guys forex rule number one: Keep an eye on the news calendar. This is not the diamond's failure

Moto G via Tapatalk

Title: Re: Forex Diamond EA
Post by: corre971 on May 15, 2014, 04:01:35 PM
We can see on the vendor account some bad consecutive trades, and after that "usually" Forex Diamond recover also quickly. Of course, if we shut off the EA after a bad day, and we restart it after some winning weeks, we will have bad results. I had a bad day today on FD and also are open spme losing trades on WSFR, but i am confident we will recover. Of course, noone can predict the future, and me also! We can only rely on what we saw in the past!
Title: Re: Forex Diamond EA
Post by: forexfish on May 15, 2014, 04:45:08 PM
We can see on the vendor account some bad consecutive trades, and after that "usually" Forex Diamond recover also quickly. Of course, if we shut off the EA after a bad day, and we restart it after some winning weeks, we will have bad results. I had a bad day today on FD and also are open spme losing trades on WSFR, but i am confident we will recover. Of course, noone can predict the future, and me also! We can only rely on what we saw in the past!

I am running slightly higher risk and my account is down by 8.71% ( vendor account minus 3.18%) today.

Yes we are running based on past performance, however it seems it is not running as good as it was earlier.
Title: Re: Forex Diamond EA
Post by: [GooSe] on May 15, 2014, 09:34:58 PM
Puh! What a day!
What a mess!
Down -5.45% today with all my robots.
Very untypical market today.

Thats not a FD fault.
We will see a recover.
Title: Re: Forex Diamond EA
Post by: corre971 on May 15, 2014, 09:59:58 PM
Puh! What a day!
What a mess!
Down -5.45% today with all my robots.
Very untypical market today.

Thats not a FD fault.
We will see a recover.

The same here! Like the 13 March! And the 13 march the loss was recovered in about 2 weeks! Let' s hope! I think forex diamond will recover in few weeks!
Title: Re: Forex Diamond EA
Post by: [GooSe] on May 15, 2014, 10:18:58 PM
Puh! What a day!
What a mess!
Down -5.45% today with all my robots.
Very untypical market today.

Thats not a FD fault.
We will see a recover.

The same here! Like the 13 March! And the 13 march the loss was recovered in about 2 weeks! Let' s hope! I think forex diamond will recover in few weeks!

Yes! But it is important to use the recovery.

2% loss hurts way more then 6% profit satisfy.
Title: Re: Forex Diamond EA
Post by: leorczhu on May 16, 2014, 06:39:49 AM
By examining the history of their FXbook account, I found that this Diamond EA actually using martingale.  Its not going to end well.
Title: Re: Forex Diamond EA
Post by: [GooSe] on May 16, 2014, 08:29:04 AM
By examining the history of their FXbook account, I found that this Diamond EA actually using martingale.  Its not going to end well.

MŲp! Wrong!
100% sure it's NOT martingale.

It's a recovery function.
Title: Re: Forex Diamond EA
Post by: HOH1 on May 16, 2014, 09:31:53 AM
Yesterday I had -63 Pips with FD.

I did not take all the other loss trades shown on their account.
Probably because I have turned Recovery Mode OFF, thanks to Corre's advice earlier in this forum.

I have increased now the risk from 2% to 3% in expectation of a recovery and will be decreasing it again once it has recovered - again, thanks to Corre.

By the way, I had a small gain on MegaDroid yesterday (+0.6 Pips).
fxMonetizer was quiet.


Title: Re: Forex Diamond EA
Post by: Johno on May 16, 2014, 09:36:17 AM
It only seems to increase the lot size a bit and then hold it there.

The slightly higher lot size allows it to recover quicker.

Its NOT a linear doubling like martingale. After a few trades the size goes down again.
Title: Re: Forex Diamond EA
Post by: user456 on May 16, 2014, 10:05:11 AM
If recovery is working like in Wallstreet EA then the lotsizes are increasing slightly with every additional trade that is made during drawdown. Its returning to normal lotsize when out of drawdown.
Title: Re: Forex Diamond EA
Post by: corre971 on May 16, 2014, 10:28:57 AM
I am using on my 3 accounts 3 differents mm values: from 1.5 (the bigger) to 2.5 (the smaller). I use the recovery function ON, but i have decreased the MM_MAX value to 5. Since i am running on the bigger account a "small" MM value (1.5) i have so also the option to slightly increase the MM value (for example to 1.7), but it would not be necessary, since the Recovery Function will do it automatically! From what i see, seems that the recovery function rise little by little the lot size, since the EA recovers from the losses had on the pair! The max value of this smooth martingale element has to be selected by the user (and i think that the default value is too high, and i have selected valur of 5). Of course, i want to point out that i share my settings with other users, but i cannot be sure that my settings are the best! Anyway, i am confident FD will recover soon! We will see! :D
Title: Re: Forex Diamond EA
Post by: donbon2 on May 16, 2014, 11:09:54 AM
yeah - I started out higher but now I run  1% -> max 5% Recovery On.

just don't want to go higher than that.

As for yesterday - FD was assuming trend was down and the market would break 1.3650 - but the market moved into more a range market - and it got squeezed out with bond yields falling.

you can't anticipate that change until it happens -- all you can do is be monitoring the positions and exit manually should you see this change.... but for most people just letting it run - then yesterday was a pretty bad day.

FD has seen good recovery from losses so maybe next week it can get it going again.
Title: Re: Forex Diamond EA
Post by: forexfish on May 21, 2014, 09:41:11 PM
yeah - I started out higher but now I run  1% -> max 5% Recovery On.

just don't want to go higher than that.

As for yesterday - FD was assuming trend was down and the market would break 1.3650 - but the market moved into more a range market - and it got squeezed out with bond yields falling.

you can't anticipate that change until it happens -- all you can do is be monitoring the positions and exit manually should you see this change.... but for most people just letting it run - then yesterday was a pretty bad day.

FD has seen good recovery from losses so maybe next week it can get it going again.

It is still going downhill, another bad day for FD.  I am thinking to Turn off when there are good results in a row then mayTurn ON again.

Title: Re: Forex Diamond EA
Post by: donbon2 on May 21, 2014, 10:30:18 PM
i closed the usdyen right after it opened it .. hate to sell the low like that .. took a small loss instead of the full stop loss

really depends on what eur and gbp do from here though.
Title: Re: Forex Diamond EA
Post by: corre971 on May 22, 2014, 08:35:46 PM
i closed the usdyen right after it opened it .. hate to sell the low like that .. took a small loss instead of the full stop loss

really depends on what eur and gbp do from here though.
So you do not like signal 1 ( which works in the direction of the trend after some retracements)! From my BTs signal 1 is the more profitable on gbpusd and usdjpy! And also,is the signal with more trades!
Title: Re: Forex Diamond EA
Post by: donbon2 on May 23, 2014, 12:42:32 AM
it is not that I don't like it but - it deals at bad levels sometimes - so even though it is an EA if you watch it trade and you can save yourself some pips.

I am actually liking VF a little more than FD at the moment - it seems to pick better levels to trade.
Title: Re: Forex Diamond EA
Post by: corre971 on May 23, 2014, 09:56:12 AM
it is not that I don't like it but - it deals at bad levels sometimes - so even though it is an EA if you watch it trade and you can save yourself some pips.

I am actually liking VF a little more than FD at the moment - it seems to pick better levels to trade.

As for Volatility factor i agree, and on GBPUSD is doing a good job. As for EURUSD my BTs shows good and consistent results in 8 years, but with some dips (but absolutely normal) in the equity curve. At the moment for EURUSD i am trading only signal 2 with mna=1 r=off and different MM values on my 3 accounts! Signal 2 is the more safe and consistent!
Title: Re: Forex Diamond EA
Post by: donbon2 on May 23, 2014, 10:19:17 PM
a couple profitable trades which is good to see  eur + gbp

I also using WSR - and some of the alternate settings and got the same gbpusd trade as FD

so been a fairly good week over all

Title: Re: Forex Diamond EA
Post by: forexfish on May 27, 2014, 11:04:21 PM

Today I have 23 pips SL for GBPUSD

05.27.2014 15:23    05.27.2014 17:56   GBPUSD    Buy    1.68168    1.67938   -23.0    2h 33m   

I will see how it goes in June and if same situation continue then Turn this OFF.
Title: Re: Forex Diamond EA
Post by: donbon2 on May 27, 2014, 11:17:26 PM
we have not seen all the profitable yen trades and the eur + gbp are up and down

today for example when best scalper sent an email saying don't trade with Carney talking I took a small loss on the gbp instead of a full s/l and shut down my EA's

I have had a very good run the last 2 weeks +5-6% ... but I have been making a few manual decisions along the way - otherwise things would be different.
Title: Re: Forex Diamond EA
Post by: forexfish on May 27, 2014, 11:53:44 PM
we have not seen all the profitable yen trades and the eur + gbp are up and down

today for example when best scalper sent an email saying don't trade with Carney talking I took a small loss on the gbp instead of a full s/l and shut down my EA's

I have had a very good run the last 2 weeks +5-6% ... but I have been making a few manual decisions along the way - otherwise things would be different.

yes no yen trades.

You remain lucky you able to come out with small sl.

I think I have some consistency with vendor trades

05.23.2014 14:46    05.23.2014 19:01   EURUSD    Sell    1.36293    1.36287   0.6    4h 15m    0.02%      
05.23.2014 17:16    05.23.2014 18:42   GBPUSD    Sell    1.68463    1.68328   13.5    1h 25m    1.08%      
05.21.2014 22:01    05.22.2014 06:01   EURUSD    Sell    1.36768    1.36743   2.5    8h 0m    0.07%      
05.21.2014 23:40    05.22.2014 02:51   EURUSD    Sell    1.36877    1.36820   5.7    3h 10m    0.46%      
Title: Re: Forex Diamond EA
Post by: donbon2 on May 27, 2014, 11:58:52 PM
yeah - the main thing was closing them down on that really bad day.

+ shutting VF and FD down yesterday for small losses.

Forex GTO / Drive Gold and Benz AudNzd - now these are all slow for me - and just a daily drag to watch their DD.

Scalpers have really done well for me the last week - to keep things churning along.

Anyway like I commented before - with some manual intervention these aren't doing too bad -- but without that they have been losers over the last 2 weeks ..  best of luck to us all.


Title: Re: Forex Diamond EA
Post by: forexfish on May 28, 2014, 12:18:29 AM
yeah - the main thing was closing them down on that really bad day.

+ shutting VF and FD down yesterday for small losses.

Forex GTO / Drive Gold and Benz AudNzd - now these are all slow for me - and just a daily drag to watch their DD.

Scalpers have really done well for me the last week - to keep things churning along.

Anyway like I commented before - with some manual intervention these aren't doing too bad -- but without that they have been losers over the last 2 weeks ..  best of luck to us all.

Yes I will see another one month for FD and Wally and if downward continue then stop both.

Drive Gold I have confidence so I set up on 2nd account and so far it works as per expectation.

Benz + GTO are doing slowly but dd is also controlled so fine as well.

Monetiser - So far 3 trades in 2 months but atleast net gainer so no complaint.

I will add one or more EA ( may be Scalper) in couple of weeks, hope to have positive pips.
Title: Re: Forex Diamond EA
Post by: donbon2 on May 30, 2014, 04:21:39 AM
Make sure you get some sort of Rebate Deal when setting up your scalpers - as that is a big part of their profitability over the longer term.
Title: Re: Forex Diamond EA
Post by: [GooSe] on May 30, 2014, 09:00:07 AM
Another losing trade tonight, It's so annoying.
Title: Re: Forex Diamond EA
Post by: donbon2 on May 30, 2014, 09:11:39 AM
that was the stupid gbpusd trade where it sold late new york - pre Asia open

another example of - as soon as I saw it - I closed it for break even

FD has been in a real funk this last 2 weeks that is for sure.

Best Scalper is much more effective trading at that time of day - than having FD trying to do so.
Title: Re: Forex Diamond EA
Post by: forexfish on May 30, 2014, 06:58:53 PM

Another bad day, really need to turn off I think next month atleast for the time being.

3 consecutive losses

05.29.2014 22:05    05.30.2014 09:29   GBPUSD    Sell    1.67170    1.67490   -32.0    11h 24m    -2.60%      
05.27.2014 21:31    05.28.2014 09:46   USDCHF    Buy    0.89733    0.89725   -0.8    12h 15m    -0.07%      
05.27.2014 15:23    05.27.2014 17:56   GBPUSD    Buy    1.68168    1.67938   -23.0    2h 33m    -1.82%      

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Is anyone getting any positive results ?

Title: Re: Forex Diamond EA
Post by: donbon2 on May 30, 2014, 10:16:56 PM
I have exact same trades and you and vendor account

but I don't run $chf because even on their account it had never made money.

let's hope for some $yen trades next month .. cheers
Title: Re: Forex Diamond EA
Post by: Fraois on May 31, 2014, 10:55:51 AM

Another bad day, really need to turn off I think next month atleast for the time being.

3 consecutive losses

05.29.2014 22:05    05.30.2014 09:29   GBPUSD    Sell    1.67170    1.67490   -32.0    11h 24m    -2.60%      
05.27.2014 21:31    05.28.2014 09:46   USDCHF    Buy    0.89733    0.89725   -0.8    12h 15m    -0.07%      
05.27.2014 15:23    05.27.2014 17:56   GBPUSD    Buy    1.68168    1.67938   -23.0    2h 33m    -1.82%      

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Is anyone getting any positive results ?

Were these due to a news release or for no reason?
Title: Re: Forex Diamond EA
Post by: forexfish on May 31, 2014, 11:30:15 AM

Another bad day, really need to turn off I think next month atleast for the time being.

3 consecutive losses

05.29.2014 22:05    05.30.2014 09:29   GBPUSD    Sell    1.67170    1.67490   -32.0    11h 24m    -2.60%      
05.27.2014 21:31    05.28.2014 09:46   USDCHF    Buy    0.89733    0.89725   -0.8    12h 15m    -0.07%      
05.27.2014 15:23    05.27.2014 17:56   GBPUSD    Buy    1.68168    1.67938   -23.0    2h 33m    -1.82%      

http://www.myfxbook.com/members/forexfish2/forex-diamond/847984 (http://www.myfxbook.com/members/forexfish2/forex-diamond/847984)

Is anyone getting any positive results ?

Were these due to a news release or for no reason?

As I understand for no reason
Title: Re: Forex Diamond EA
Post by: donbon2 on June 03, 2014, 08:19:29 AM
finally a yen trade

I use Pepperstone and it has really tight spreads - but I pay a commission

but the 2 earlier longs were closed at 44.2 for s profit

and then it went long again at 36

in the vendors account they are long 3 positions without taking profit.

So it is a case again with this EA - performance maybe slightly different depending on the broker your using.

Also my entries are better than theirs are on these last 3 trades.

anyway looks like it won't matter as $yen seems pretty bid and everyone should get out a little later.
Title: Re: Forex Diamond EA
Post by: corre971 on June 03, 2014, 08:43:39 AM
I am long with 3 trades as per vendor account. All my 3 entries are at better price than the vendor since i have 0.8 pips spreads with no commissions. Activtrades data feed is very similar to Alpari because i see almost always the same trades, there are only some differences on spreads where on EU and UJ i have better spreads while on other pairs slightly worst.
Title: Re: Forex Diamond EA
Post by: caddyhexe on June 03, 2014, 11:42:20 AM
Strange I believe this is the first time I didnt get the same as vendor account I only had 2 UJ long..now one is closed
Title: Re: Forex Diamond EA
Post by: corre971 on June 03, 2014, 12:10:51 PM
I had the same 3 trades of the vendor and the last one (the one with the better price) was closed at profit with +6.1 pips!
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 03, 2014, 12:12:28 PM
FD is totally missing to exit (TP) at the right time for these and some last trades.
Title: Re: Forex Diamond EA
Post by: corre971 on June 03, 2014, 03:10:50 PM
Right now closed in profit the other 2 trades on USDJPY on an higher level of the max of this morning. So maybe Forex Diamond was right to wait before to close the positions. Maybe we are agin on the right path  :D
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 03, 2014, 03:46:04 PM
Right now closed in profit the other 2 trades on USDJPY on an higher level of the max of this morning. So maybe Forex Diamond was right to wait before to close the positions. Maybe we are agin on the right path  :D

Still open here....
Title: Re: Forex Diamond EA
Post by: corre971 on June 03, 2014, 04:14:44 PM
Right now closed in profit the other 2 trades on USDJPY on an higher level of the max of this morning. So maybe Forex Diamond was right to wait before to close the positions. Maybe we are agin on the right path  :D

Still open here....
I have closed the last 2 trades manually with about +0.2 pips more than the vendor account. Maybe u have higher spreads on UJ. My spread is 0.8 (variable) without commissions. Now long on EU
Title: Re: Forex Diamond EA
Post by: donbon2 on June 03, 2014, 11:09:35 PM
I think we all wanted to see this EA start to perform better

and so far this week - I'm not sure anyone should have any complaints .. and we have even started to see the $yen start up again which is good to see.

Again to me the secret really is to not use $chf and monitor some of the trades yourself if possible - to close a couple manually if needed... best of luck to us all.
Title: Re: Forex Diamond EA
Post by: forexfish on June 04, 2014, 12:48:14 AM
I think we all wanted to see this EA start to perform better

and so far this week - I'm not sure anyone should have any complaints .. and we have even started to see the $yen start up again which is good to see.

Again to me the secret really is to not use $chf and monitor some of the trades yourself if possible - to close a couple manually if needed... best of luck to us all.

I have these 4 trades in profit, so far so this, let see how it goes

06.03.2014 17:46    06.03.2014 18:20   EURUSD    Buy    1.36221             1.36272           5.1    33m            0.14%      
06.03.2014 00:18    06.03.2014 17:08   USDJPY    Buy    102.38300    102.47900   9.6    16h 49m    0.78%      
06.03.2014 00:03    06.03.2014 17:02   USDJPY    Buy    102.38100    102.44000   5.9    16h 58m    0.49%      
06.03.2014 05:16    06.03.2014 12:28   USDJPY    Buy    102.37400    102.43500   6.1    7h 11m    0.50%      

Title: Re: Forex Diamond EA
Post by: corre971 on June 12, 2014, 01:56:10 PM
Maybe we are again on the right path: let's cross the fingers  ;)
On this long trade on GBPUSD i had +14.8 pips, more than the vendor: maybe on the upspike my broker had a lag in closing a position (positive slippage)
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 12, 2014, 09:01:55 PM
Maybe we are again on the right path: let's cross the fingers  ;)
On this long trade on GBPUSD i had +14.8 pips, more than the vendor: maybe on the upspike my broker had a lag in closing a position (positive slippage)

Hmm, well, and now a SL and a new sell trade open.... >:(
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 12, 2014, 09:10:34 PM
Maybe we are again on the right path: let's cross the fingers  ;)
On this long trade on GBPUSD i had +14.8 pips, more than the vendor: maybe on the upspike my broker had a lag in closing a position (positive slippage)

Hmm, well, and now a SL and a new sell trade open.... >:(

Next SL..... :(
And a new sell trade......OMG!
Title: Re: Forex Diamond EA
Post by: macro on June 13, 2014, 12:41:00 AM
This promising EA has lost totally its former edge within the last two months... to the bin >:(
Title: Re: Forex Diamond EA
Post by: mattde on June 13, 2014, 12:45:51 AM
This promising EA has lost totally its former edge within the last two months... to the bin >:(

agree wally series are collapsed in current market condition.
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 13, 2014, 01:05:46 AM
What a shame tonight :(
Title: Re: Forex Diamond EA
Post by: donbon2 on June 13, 2014, 02:00:36 AM
I am turning off FD VF and WSR for a week

and stick with the scalping robots for now.

Today I lost money with FD + VF - which basically gave back my gains with them since I started .. as luckily I had avoided other losses they had made recently.

these are just not in tune with the current market conditions... especially the $yen part - having traded very little lately and that is one of the most profitable parts of it.
Title: Re: Forex Diamond EA
Post by: goodexp on June 13, 2014, 05:45:51 AM
I am turning off FD VF and WSR for a month,maybe is not a good market for this type EA.Wait for some month later,right?
Title: Re: Forex Diamond EA
Post by: mikepipmaker on June 13, 2014, 07:06:39 AM
I am turning off FD VF and WSR for a month,maybe is not a good market for this type EA.Wait for some month later,right?

i never liiked diamond.... always felt something was not right about it... maybe the feeling that it was a very optimized or tweaked version of wally  :-\

hopes on wally was higher, but second chance i gave it with new settings also went in vain. I dont usually stop an ea within a year.... but wally was sleeping most of the time and waking up to make loss of late. Laziness not good for a ea with lower profit/higher loss ratio  ???
Title: Re: Forex Diamond EA
Post by: goodexp on June 13, 2014, 08:23:57 AM
I am turning off FD VF and WSR for a month,maybe is not a good market for this type EA.Wait for some month later,right?

i never liiked diamond.... always felt something was not right about it... maybe the feeling that it was a very optimized or tweaked version of wally  :-\

hopes on wally was higher, but second chance i gave it with new settings also went in vain. I dont usually stop an ea within a year.... but wally was sleeping most of the time and waking up to make loss of late. Laziness not good for a ea with lower profit/higher loss ratio  ???

when i know DIAMOND EA,it was 2013-12.and at that time,its performance was really good!

but this year,maybe the market changed,this type of EA will never lose you the whole account,but it maybe have small profit or loss every month and it need run at least one year,after a long time testing we can say whether is good or not.
Title: Re: Forex Diamond EA
Post by: mattde on June 13, 2014, 12:17:14 PM
I am turning off FD VF and WSR for a month,maybe is not a good market for this type EA.Wait for some month later,right?

i never liiked diamond.... always felt something was not right about it... maybe the feeling that it was a very optimized or tweaked version of wally  :-\

hopes on wally was higher, but second chance i gave it with new settings also went in vain. I dont usually stop an ea within a year.... but wally was sleeping most of the time and waking up to make loss of late. Laziness not good for a ea with lower profit/higher loss ratio  ???

when i know DIAMOND EA,it was 2013-12.and at that time,its performance was really good!

but this year,maybe the market changed,this type of EA will never lose you the whole account,but it maybe have small profit or loss every month and it need run at least one year,after a long time testing we can say whether is good or not.

I think turn off is good option, no need recurring SLs.
Title: Re: Forex Diamond EA
Post by: [GooSe] on June 18, 2014, 08:30:55 PM
HATE!  :(

They really have to work around the EA behavior after heavy news.
Title: Re: Forex Diamond EA
Post by: cyberryder on June 18, 2014, 08:47:15 PM
market seems to have changed a lot this year. There's not a SINGLE EA i know, which works atm. Either winners turned to loosers or the performance weakened a lot.  :(

Atm all are jumping on the Grid bandwaggon
Title: Re: Forex Diamond EA
Post by: goodexp on June 19, 2014, 03:29:10 AM
just now i saw vendor's myfxbook http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

and now 8 order are opening.

hope you and all users have a good luck this time:)
Title: Re: Forex Diamond EA
Post by: donbon2 on June 20, 2014, 12:40:37 AM
the 3 worst days for this EA were all news related

2 FOMC and 1 Carney Speech

think they are going to have to come up with a news Filter -- also $yen may need some tweaks - it should be doing well in this range market - but it is not trading very much.
Title: Re: Forex Diamond EA
Post by: tigpips on June 20, 2014, 03:49:47 AM
I usually turn off any bots I use during FOMC, either code it or just turn them off manually
Title: Re: Forex Diamond EA
Post by: corre971 on June 20, 2014, 07:44:00 AM
I have also started to turn OFF most of my EAs during important news realeases (FED, BOE, ECB). Also with a news filter ON i would always turn OFF an EA manually
Title: Re: Forex Diamond EA
Post by: Nadir on June 23, 2014, 05:51:07 PM
Hey ho I bought this too. Made a few simple back tests and can confirm what a user posted before. This cannot trade usdchf profitable so beware!

Moto G via Tapatalk

Title: Re: Forex Diamond EA
Post by: TradeNow on June 23, 2014, 05:58:08 PM
Anybody selling a licence? They are allowing account sharing and wonder if someone has one live account left?
Just PM me  :)
Title: Re: Forex Diamond EA
Post by: forexfish on June 23, 2014, 07:21:46 PM
Anybody selling a licence? They are allowing account sharing and wonder if someone has one live account left?
Just PM me  :)

Hi Friend

I am not selling but I have sent a PM.

BR
Title: Re: Forex Diamond EA
Post by: TradeNow on June 24, 2014, 06:31:22 AM
Thanks my friends for all the nice pms and support i received regarding fd licence.  :)
Great to be part of such a lovely community  8)
I am live now with only one pair usdjpy and low risk.

best regards
Mark




 
Title: Re: Forex Diamond EA
Post by: macro on June 24, 2014, 06:43:55 AM
EUR/USD made a profit of + 184 pips  since mid March
(USD/JPY made + 113 pips)
Title: Re: Forex Diamond EA
Post by: corre971 on June 24, 2014, 07:45:31 AM
The pair wich showed most consistent result is USDJPY, but if we look at the complete history of trades GBPUSD delivered from the beginng of their live account +752 pips, which is a good result and we saw that this EA is not broker dependent:

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

 I would suggest to trade also GBPUSD but switching OFF the pair when BOE or FED meetings are scheduled
Title: Re: Forex Diamond EA
Post by: corre971 on June 26, 2014, 05:09:39 PM
Since this morning there was Carney from BOE speaking i have turned OFF Forex Diamond and Volatility factor on GBPUSD and closed manually my trades on FX Splitter (for this was not a good idea since i was long here  :'( ). After lunch i have switched ON FD and VF and had a basket of 3 trades on FD GBPUSD and now all 3 was closed in gain. I hope now we start again like till April when FD was a pipmachine  :D.

My 3 trades are all close with + 9.5, +13.7 and +9.7 pip gain. I see that on the vendor account 1 trade is still open. What about the account of the other users?
Title: Re: Forex Diamond EA
Post by: forexfish on June 26, 2014, 07:28:19 PM
Since this morning there was Carney from BOE speaking i have turned OFF Forex Diamond and Volatility factor on GBPUSD and closed manually my trades on FX Splitter (for this was not a good idea since i was long here  :'( ). After lunch i have switched ON FD and VF and had a basket of 3 trades on FD GBPUSD and now all 3 was closed in gain. I hope now we start again like till April when FD was a pipmachine  :D.

My 3 trades are all close with + 9.5, +13.7 and +9.7 pip gain. I see that on the vendor account 1 trade is still open. What about the account of the other users?

My 3 GBPUSD trades made 9.4+ 13.5 + 8.6 pips gain, no open trades at present.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 27, 2014, 01:17:30 AM
yeah same as me - 3 trades -- I got more pips but pay commission so its about the same.

just hope this EA gets on track - because I like it -- but those bad days are no fun.

best of luck to us all.
Title: Re: Forex Diamond EA
Post by: donbon2 on July 01, 2014, 11:27:21 PM
1 gbp trade overnight for nice profit

VF and WSR bought at same time - so same signal generated for all 3.
Title: Re: Forex Diamond EA
Post by: donbon2 on July 03, 2014, 01:24:15 AM
I just disabled this for today's trading

too many major news items to have this running - as most major losses it has taken have been on news days.

something to perhaps think about.

GT
Title: Re: Forex Diamond EA
Post by: forexfish on July 03, 2014, 01:34:41 AM
I just disabled this for today's trading

too many major news items to have this running - as most major losses it has taken have been on news days.

something to perhaps think about.

GT

I think wise decision, I will disable as well first time since I set up.
Title: Re: Forex Diamond EA
Post by: corre971 on July 10, 2014, 07:57:38 AM
I have switched OFF FD GBPUSD from yesterday and will leave OFF also for today (till when the market will calm down). In few hours BOE interets rate decision. USDJPY always ON. What are doing other users?
Title: Re: Forex Diamond EA
Post by: donbon2 on July 10, 2014, 11:49:16 PM
I just turned FD + VF back on after turning them off for a few days

we all know the worst days for this EA have been news days.

GT
Title: Re: Forex Diamond EA
Post by: corre971 on July 11, 2014, 10:06:50 AM
I just turned FD + VF back on after turning them off for a few days

we all know the worst days for this EA have been news days.

GT
I am doing the same manually, but i turn FD and VF OFF only for FED, ECB, BOE and FOMC meetings (and mostly for the whole day). I think this is the right way to run.
Title: Re: Forex Diamond EA
Post by: donbon2 on July 15, 2014, 10:34:53 PM
had 2 trades of 3 lots each overnight all closed for profit in GBP so was happy with that given it hasn't traded much lately.
Title: Re: Forex Diamond EA
Post by: corre971 on July 16, 2014, 07:38:37 AM
Yes, it seems that Forex Diamond found a support and is trying to regain momentum. The important is to switch OFF when important news or meetings are scheduled.
Title: Re: Forex Diamond EA
Post by: corre971 on July 18, 2014, 07:41:24 AM
On the short trade on GU of this night i had + 8.3 pips (thanks to the low spreads of my broker: on GU 0.9 (variable) with no commissions). Now short on GU. How many pips u got from the short Gu of this night?
Title: Re: Forex Diamond EA
Post by: donbon2 on July 18, 2014, 10:34:51 AM
I turned this off this morning due to the volatility of the events.

I'm glad it worked out for you today - will turn back on Monday Afternoon once the market does whatever price gaps it is going to do.
Title: Re: Forex Diamond EA
Post by: corre971 on July 31, 2014, 09:21:19 AM
Like for WSFR also Forex Diamond last hours made a lot of activity: so much trades that is difficult to count them and almost all winners. Very tight spreads helps a lot for the final result and now mine are very good: 0.8 on EU and UJ, 0.9 on GU and AU with no commissions
This night remembered me when Forex diamond some months ago was a pip machine. Maybe the EA need some more volatility: Finger crossed and let's hope we will continue in this way
Title: Re: Forex Diamond EA
Post by: corre971 on August 01, 2014, 11:18:27 AM
Again other 2 winning trades on GU : + 3 and + 4.9 and with higher lotsize due to recovery mode

Now switched OFF for Non Farm Payroll
Title: Re: Forex Diamond EA
Post by: forexfish on August 07, 2014, 03:00:19 AM

FD is performing well from last week. Lot of activity, consecutive over 20 trades in profit, ranging from 1 pip to 10 pips and mainly one sl 28 pips.
Title: Re: Forex Diamond EA
Post by: corre971 on August 07, 2014, 09:28:33 AM

FD is performing well from last week. Lot of activity, consecutive over 20 trades in profit, ranging from 1 pip to 10 pips and mainly one sl 28 pips.
Yes , FD needs more volatile markets as Till february and the last month. The secret in my opinion is to switch it off when is scheduled the release of important news (like i did now for BOE and ECB). The same i am doing with Volatility Factor using it as a night scalper with signal 2 and Forex Combo scalping only: if you take care to switch them off the days when important news are released u will have a very high accuracy (i use also the news filter but prefer to also manually switch off the eas).
Strangely i see the usdjpy trade of this night still open and in loss while mine ws closed this night in gin of + 6.3 pips, mybe thanks to my 0.8 spread.
Title: Re: Forex Diamond EA
Post by: HOH1 on August 29, 2014, 12:45:52 PM
Hi Guys,

I've made a total of + 86.9 Pips with FD in August (one trade still running)

Not too bad so far.
Title: Re: Forex Diamond EA
Post by: corre971 on August 29, 2014, 02:17:01 PM
Hi Guys,

I've made a total of + 86.9 Pips with FD in August (one trade still running)

Not too bad so far.
I am trading at the moment only GBPUSD and USDJPY (and considering to restart on EURUSD) and switch OFF the EA when important news are scheduled (usually only FED, ECB, BOE and FOMC not other news) and from 1st July i had + 102 pips, not bad at all. I think that a news filter could help, and anyway switching OFF the EA helps a lot on the performance. USDCHF seems to be not profitable.
Title: Re: Forex Diamond EA
Post by: corre971 on August 29, 2014, 09:40:09 PM
Today great day for FD: on GBPUSD 2 trades closed at +10 and + 32.2 pips. It is not usual to have a 32 pips gain
Title: Re: Forex Diamond EA
Post by: forexfish on August 29, 2014, 10:20:38 PM
Today great day for FD: on GBPUSD 2 trades closed at +10 and + 32.2 pips. It is not usual to have a 32 pips gain

I also had 2 closed trades of GBPUSD with 29.9 and 10.3pips gain.
Title: Re: Forex Diamond EA
Post by: HOH1 on September 01, 2014, 10:34:16 AM
Same with me.

In August I had a total of +125.70Pips on the followng pairs:

- EURUSD + 61.60 Pips
- GBPUSD + 23.40 Pips
- USDCHF -8.20 Pips
- USDJPY +48.90 Pips

The 3 strategies performed as:

- FD-S1 + 55.30 Pips
- FD-S2 +62.70 Pips
- Fd-S3 + 7.70 Pips

Title: Re: Forex Diamond EA
Post by: corre971 on September 01, 2014, 11:58:36 AM
Same with me.

In August I had a total of +125.70Pips on the followng pairs:

- EURUSD + 61.60 Pips
- GBPUSD + 23.40 Pips
- USDCHF -8.20 Pips
- USDJPY +48.90 Pips

The 3 strategies performed as:

- FD-S1 + 55.30 Pips
- FD-S2 +62.70 Pips
- Fd-S3 + 7.70 Pips
At the moment i am not trading USDCHF and EURUSD, but soon i will start again EURUSD (but will switch OFF the EA 4-8 hours before important news releases)
Title: Re: Forex Diamond EA
Post by: corre971 on September 01, 2014, 02:33:55 PM
Again 2 nice trades on GBPUSD closed at + 6.5 and + 5.6 pips. If you avoid imporyant news (specially FED, ECB, BOE) the FD delivers very nice profits
Title: Re: Forex Diamond EA
Post by: donbon2 on September 02, 2014, 11:52:40 PM
I'm disabling this EA till the end of the week... as we know the only weakness it has is news -- that seems to cause all the major losses it takes .. so rather be safe than sorry .... same for VF.
Title: Re: Forex Diamond EA
Post by: corre971 on September 03, 2014, 11:21:38 AM
I'm disabling this EA till the end of the week... as we know the only weakness it has is news -- that seems to cause all the major losses it takes .. so rather be safe than sorry .... same for VF.
I have done the same and will restart on sunday night. I think that a news filter could help a lot (i am using Forex Combo Scalping on EU and GU with news filter 480 min before and 240 min after and so is trading as a night scalper and am having, specially on GU good results with very small risk, and would like to have this possibility also on FD)
Title: Re: Forex Diamond EA
Post by: Nadir on September 08, 2014, 08:29:02 AM
Uhhh FD had two gbpusd sell trades open over weekend ;D;D;D
Title: Re: Forex Diamond EA
Post by: corre971 on September 08, 2014, 08:54:44 AM
Uhhh FD had two gbpusd sell trades open over weekend ;D;D;D
Unfortunately i have disabled FD from last thursday and so i had not these trades  :'(

But i had 149 pips of WSFR  :D
Title: Re: Forex Diamond EA
Post by: HOH1 on September 09, 2014, 11:24:17 AM
With the Scottish vote going on I have suspended all my GBP robots until September 18th.

I think markets might behave quite irrationally until it is over.

And for sure those kind of rare events are not programmed in any EA logic......
Title: Re: Forex Diamond EA
Post by: corre971 on September 09, 2014, 11:28:51 AM
With the Scottish vote going on I have suspended all my GBP robots until September 18th.

I think markets might behave quite irrationally until it is over.

And for sure those kind of rare events are not programmed in any EA logic......
I totally agree
Title: Re: Forex Diamond EA
Post by: [GooSe] on September 09, 2014, 12:14:34 PM
With the Scottish vote going on I have suspended all my GBP robots until September 18th.

I think markets might behave quite irrationally until it is over.

And for sure those kind of rare events are not programmed in any EA logic......

I did the same for all my EAs trading cable.
Title: Re: Forex Diamond EA
Post by: donbon2 on September 16, 2014, 10:20:25 PM
Turned this off for FOMC later today - we know from history this is its worst performing day.

Advise everyone to consider it as well.
Title: Re: Forex Diamond EA
Post by: guernica on September 16, 2014, 10:28:15 PM
Turned this off for FOMC later today - we know from history this is its worst performing day.
Advise everyone to consider it as well.
you don't need to turn off.
Just use the filter to avoid news.
Title: Re: Forex Diamond EA
Post by: donbon2 on September 16, 2014, 10:32:59 PM
Version I have doesn't have a news Filter.
Title: Re: Forex Diamond EA
Post by: guernica on September 16, 2014, 10:35:51 PM
Version I have doesn't have a news Filter.
Sorry, this EA don't have news filter.
Title: Re: Forex Diamond EA
Post by: J16 on September 17, 2014, 06:20:46 PM
Understand that this EA works if off during major news? Just red news? or those major one like fomc, boe, ecb?

Any broker is ok?

Thanks so much
Title: Re: Forex Diamond EA
Post by: corre971 on September 17, 2014, 06:46:28 PM
Understand that this EA works if off during major news? Just red news? or those major one like fomc, boe, ecb?

Any broker is ok?

Thanks so much
Also if it is a scalper it is not broker sensitive. The lower the spreads the better.
Title: Re: Forex Diamond EA
Post by: caddyhexe on September 23, 2014, 12:54:19 PM
Had a mail from Vendor taking USDCHF off the list due to bad performance, I personally turned it off yonks ago
Title: Re: Forex Diamond EA
Post by: corre971 on September 23, 2014, 01:51:43 PM
I had also the same e-mail (similar at the e-mail we have received as wally customers)  I think most of us removed USDCHF from long time. USDJPY is the better pair. Spreads are very important
Title: Re: Forex Diamond EA
Post by: IFFTrader on September 27, 2014, 10:04:38 AM
Anyone has success in backtest FD using tickstory data? I am stuck at the activation screen which is strange.  had issue but vendor not able to solve. The same set of data able to backtest Volatility Factor and Wall Street without issue.
Title: Re: Forex Diamond EA
Post by: donbon2 on September 30, 2014, 10:01:35 AM
This group of EA's    FD / WSR + VF have been adding nice small profits to my account lately

the thing we have learned with them is - forget $chf and turn off over news which refers really to FD
Title: Re: Forex Diamond EA
Post by: IFFTrader on September 30, 2014, 12:12:38 PM
These EAs also profitable in the long run because of the recovery mode. The standard setup is 5% upto 20%. That is 4x scaling upwards of risk. I like to see in BT if it ever reach 20% to recover SLs. With that results we can set proper starting lot size and not sacrifice the recovery rate. My current setting is 1% scale up to 2% which is only 2x.
Title: Re: Forex Diamond EA
Post by: corre971 on October 02, 2014, 05:10:39 PM
These EAs also profitable in the long run because of the recovery mode. The standard setup is 5% upto 20%. That is 4x scaling upwards of risk. I like to see in BT if it ever reach 20% to recover SLs. With that results we can set proper starting lot size and not sacrifice the recovery rate. My current setting is 1% scale up to 2% which is only 2x.
I am using 0.7% up to 1 but will increase after some losses
With the increased volatiltiy FD is showing a good ability to deliver profits. It is a very good scalper (but risk mnust be kept low as for MM value)
Title: Re: Forex Diamond EA
Post by: donbon2 on October 02, 2014, 08:28:21 PM
I have disabled now for news ..being seeing good profits from this.
Title: Re: Forex Diamond EA
Post by: corre971 on October 02, 2014, 08:31:51 PM
I have disabled now for news ..being seeing good profits from this.
I will do the same soon, but only gbpusd for NFP
Title: Re: Forex Diamond EA
Post by: haidanger on October 03, 2014, 04:46:10 AM
I don't really like the recovery mode, when have consist loss time like wallstreet perform these months,the risk will be the biggest and when normal time, don't use recovery mode will take more profit. I use risk 5 for GBPUSD and USDJPY. Maybe a little high.
Title: Re: Forex Diamond EA
Post by: corre971 on October 03, 2014, 08:03:09 AM
I don't really like the recovery mode, when have consist loss time like wallstreet perform these months,the risk will be the biggest and when normal time, don't use recovery mode will take more profit. I use risk 5 for GBPUSD and USDJPY. Maybe a little high.
I think that the recovery mode on Wally is a must (the vendor has only 1 reference account with recovery ON and noone with recovery OFF). On FD they run more accounts with recovery ON and OFF, so i think is a matter of choice. Also the MM is a matter of the risk we want to take (and i think it should be related also on the balance of the account). I run both on a significative balance and so i keep the risk low. I use on both Recovery ON (and this is suggested by the vendor) but i use a multiplier of 1.5: so if i use an MM of 1 i will use an AutoMM max= 1.5 ( i think is OK till the double of the initial lotsize)
Honestly i think that an MM 5 is extremely high specially on FD, where the EA a lot of time will open multiple positions, like yesterday. As for yesterday FD opened 6 short positions on USDJPY and all were closed in loss this morning. I have noticed this before to go to sleep and i have closed 3 of the 6 positions yesterday at a slight gain, so my loss this morning was not so high.
The problem when u use a too high MM value (and this is valid not only for FD but for all EAs) is that when a loss occurs (and on FD when a loss occurrs usually occurs on many positions on the same pair) u will be tempted to give up, while if ur loss also in a bad day is limited, u will not feel so bad and let the EA to recover (and in my opinion the Recovery mode helps in this). This at lest on a significative account. On smaller accounts i use a more aggressive stance.
Title: Re: Forex Diamond EA
Post by: [GooSe] on October 03, 2014, 08:31:35 AM
I don't really like the recovery mode, when have consist loss time like wallstreet perform these months,the risk will be the biggest and when normal time, don't use recovery mode will take more profit. I use risk 5 for GBPUSD and USDJPY. Maybe a little high.
I think that the recovery mode on Wally is a must (the vendor has only 1 reference account with recovery ON and noone with recovery OFF). On FD they run more accounts with recovery ON and OFF, so i think is a matter of choice. Also the MM is a matter of the risk we want to take (and i think it should be related also on the balance of the account). I run both on a significative balance and so i keep the risk low. I use on both Recovery ON (and this is suggested by the vendor) but i use a multiplier of 1.5: so if i use an MM of 1 i will use an AutoMM max= 1.5 ( i think is OK till the double of the initial lotsize)
Honestly i think that an MM 5 is extremely high specially on FD, where the EA a lot of time will open multiple positions, like yesterday. As for yesterday FD opened 6 short positions on USDJPY and all were closed in loss this morning. I have noticed this before to go to sleep and i have closed 3 of the 6 positions yesterday at a slight gain, so my loss this morning was not so high.
The problem when u use a too high MM value (and this is valid not only for FD but for all EAs) is that when a loss occurs (and on FD when a loss occurrs usually occurs on many positions on the same pair) u will be tempted to give up, while if ur loss also in a bad day is limited, u will not feel so bad and let the EA to recover (and in my opinion the Recovery mode helps in this). This at lest on a significative account. On smaller accounts i use a more aggressive stance.

I agree you corre: No revovery mode, no long term gain. It's a must.
Title: Re: Forex Diamond EA
Post by: haidanger on October 03, 2014, 12:54:09 PM
I don't really like the recovery mode, when have consist loss time like wallstreet perform these months,the risk will be the biggest and when normal time, don't use recovery mode will take more profit. I use risk 5 for GBPUSD and USDJPY. Maybe a little high.
I think that the recovery mode on Wally is a must (the vendor has only 1 reference account with recovery ON and noone with recovery OFF). On FD they run more accounts with recovery ON and OFF, so i think is a matter of choice. Also the MM is a matter of the risk we want to take (and i think it should be related also on the balance of the account). I run both on a significative balance and so i keep the risk low. I use on both Recovery ON (and this is suggested by the vendor) but i use a multiplier of 1.5: so if i use an MM of 1 i will use an AutoMM max= 1.5 ( i think is OK till the double of the initial lotsize)
Honestly i think that an MM 5 is extremely high specially on FD, where the EA a lot of time will open multiple positions, like yesterday. As for yesterday FD opened 6 short positions on USDJPY and all were closed in loss this morning. I have noticed this before to go to sleep and i have closed 3 of the 6 positions yesterday at a slight gain, so my loss this morning was not so high.
The problem when u use a too high MM value (and this is valid not only for FD but for all EAs) is that when a loss occurs (and on FD when a loss occurrs usually occurs on many positions on the same pair) u will be tempted to give up, while if ur loss also in a bad day is limited, u will not feel so bad and let the EA to recover (and in my opinion the Recovery mode helps in this). This at lest on a significative account. On smaller accounts i use a more aggressive stance.

I agree you corre: No revovery mode, no long term gain. It's a must.

I try another setting today, risk is 5-8 but maxorders is 3 and news filter and trendfilter and firday filter. Only trade USDJPY and GBPUSD.
Title: Re: Forex Diamond EA
Post by: corre971 on October 03, 2014, 09:35:11 PM
I don't really like the recovery mode, when have consist loss time like wallstreet perform these months,the risk will be the biggest and when normal time, don't use recovery mode will take more profit. I use risk 5 for GBPUSD and USDJPY. Maybe a little high.
I think that the recovery mode on Wally is a must (the vendor has only 1 reference account with recovery ON and noone with recovery OFF). On FD they run more accounts with recovery ON and OFF, so i think is a matter of choice. Also the MM is a matter of the risk we want to take (and i think it should be related also on the balance of the account). I run both on a significative balance and so i keep the risk low. I use on both Recovery ON (and this is suggested by the vendor) but i use a multiplier of 1.5: so if i use an MM of 1 i will use an AutoMM max= 1.5 ( i think is OK till the double of the initial lotsize)
Honestly i think that an MM 5 is extremely high specially on FD, where the EA a lot of time will open multiple positions, like yesterday. As for yesterday FD opened 6 short positions on USDJPY and all were closed in loss this morning. I have noticed this before to go to sleep and i have closed 3 of the 6 positions yesterday at a slight gain, so my loss this morning was not so high.
The problem when u use a too high MM value (and this is valid not only for FD but for all EAs) is that when a loss occurs (and on FD when a loss occurrs usually occurs on many positions on the same pair) u will be tempted to give up, while if ur loss also in a bad day is limited, u will not feel so bad and let the EA to recover (and in my opinion the Recovery mode helps in this). This at lest on a significative account. On smaller accounts i use a more aggressive stance.

I agree you corre: No revovery mode, no long term gain. It's a must.

I try another setting today, risk is 5-8 but maxorders is 3 and news filter and trendfilter and firday filter. Only trade USDJPY and GBPUSD.
There is no news filter in FD. Also i would not touch the trend filter parameters. If i remember good the max order number is referred to each strategy and so 3 orders for 3 strategy u will have 9 orders (and this happened often). My advice is to not change the default settings, only to choose ur risk level.
Title: Re: Forex Diamond EA
Post by: haidanger on October 05, 2014, 12:42:52 PM
ok.thanks.
Title: Re: Forex Diamond EA
Post by: langzi on October 06, 2014, 12:32:13 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(

Title: Re: Forex Diamond EA
Post by: corre971 on October 06, 2014, 03:21:48 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY
Title: Re: Forex Diamond EA
Post by: craneliu on October 06, 2014, 04:53:12 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY
This is another martingal system?
Title: Re: Forex Diamond EA
Post by: haidanger on October 06, 2014, 05:20:49 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY
This is another martingal system?

I think it's a limit martingal system,and recovery mode is a double-bladed sword,quickly gain and lose several years profit only several months.wallstreet offical account proves that.
So I don't use recovery mode and maxorders 6 , use two pairs i can't sleep if open 18 orders.and i don't have good result as offical account on GBPUSD.I may close GBPUSD somedays later.

http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006 (http://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robot-eur33-real/372006)
Title: Re: Forex Diamond EA
Post by: corre971 on October 06, 2014, 06:34:38 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY
This is another martingal system?

I think it's a limit martingal system,and recovery mode is a double-bladed sword,quickly gain and lose several years profit only several months.wallstreet offical account proves that.
So I don't use recovery mode and maxorders 6 , use two pairs i can't sleep if open 18 orders.and i don't have good result as offical account on GBPUSD.I may close GBPUSD somedays later.
To use or not the recovery mode is a matter of personal choice and so is subjective. As for Wally, seems that u do not like the stats, but i see 4 years of trading (there is no oyher EA with this record) and +510% of profits; if u think this is not a good result i don't know what to say. If u know another EA with better long term stats let me know, i will buy it.
Title: Re: Forex Diamond EA
Post by: langzi on October 06, 2014, 08:20:47 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY


Good choice of running only GBPUSD and USDJPY. FD is losing quite a lot on EURUSD.

Do you also run it with recovery mode?
Title: Re: Forex Diamond EA
Post by: donbon2 on October 06, 2014, 08:28:34 PM
I don't use recovery mode - because I don't want a string of losses to deplete the account - and it tends to keep selling in 1 way markets - which is not ideal .. but why you have to turn it off in those situations.

Personal Choice and depends how well your account is funded and if there are other EA's running on the account.
Title: Re: Forex Diamond EA
Post by: corre971 on October 06, 2014, 08:51:03 PM
Anyone is using the simple version like me? I use the simple version with default settings since 2 months now. In general, more losses than profits :(
If i remember good the simple version does not have a lot of settings that honestly are not relevant. since they must be left as default and the only important feature it misses is the recovery mode function, right? But u are having the same trades that u can see on the vendor accounts? FD in the last 2 months should be in gain. I am using only GBPUSD and USDJPY


Good choice of running only GBPUSD and USDJPY. FD is losing quite a lot on EURUSD.

Do you also run it with recovery mode?
I use a "safe" settings for FD. Mm=0.5 and mmmax=0.7 so i let FD only to slightly increase the lotsize. My mm value is low, because i use FD on a not so small account used for many eas
Title: Re: Forex Diamond EA
Post by: donbon2 on October 09, 2014, 07:55:02 AM
Really great day for FD + WSR + VF

traded the range perfectly.. probably the best day since I bought them.
Title: Re: Forex Diamond EA
Post by: donbon2 on October 09, 2014, 07:58:50 AM
for all 3 bots +247 today

keep in mind on WSR I trade a couple of the additional settings as well - so that gives me extra trades.

Really happy with this set of Bots.
Title: Re: Forex Diamond EA
Post by: corre971 on October 09, 2014, 08:09:18 AM
for all 3 bots +247 today

keep in mind on WSR I trade a couple of the additional settings as well - so that gives me extra trades.

Really happy with this set of Bots.
On my main account i am really not able to count the pips i have made these weeks  :-*  ;D  ;)  :)
My dream team is: Wall street forex Robot, Drive Gold, Fx Safe Profit, Forex Diamond, Forex Combo Scalping only. Soon will add FX Monetizer
Title: Re: Forex Diamond EA
Post by: donbon2 on October 09, 2014, 08:54:04 AM
Yes - it has taken us a while to figure out what works and what doesn't -- plus disabling over those news events to take away from those bad days // and also knowing which pairs are profitable and which are not.

Plus using cent accounts for those riskier EA's - which really can't run on the main account... this helps alot to manage the risk.
Title: Re: Forex Diamond EA
Post by: corre971 on October 09, 2014, 09:00:04 AM
Yes - it has taken us a while to figure out what works and what doesn't -- plus disabling over those news events to take away from those bad days // and also knowing which pairs are profitable and which are not.

Plus using cent accounts for those riskier EA's - which really can't run on the main account... this helps alot to manage the risk.
Yes, i made a lot of mistakes beginning 2014 but from this summer my big account is constantly growing at 3/4 % monthly with a very low DD and from this month i will start to withdraw and will use the withdrawed money to open cent accounts where to run many different strategies. Very happy of my very hard work  ;)  ;D
Title: Re: Forex Diamond EA
Post by: donbon2 on October 09, 2014, 09:10:01 AM
Yes exactly my plan.

Never put any new EA on my main account until I see Drawdown and Strategy.

Use Cent Accounts and put profits into those for more risky strategies exactly like you... I don't care that spreads are slightly wider - good ea's will still make money.

Best of luck to us all !
Title: Re: Forex Diamond EA
Post by: corre971 on October 09, 2014, 12:38:53 PM
GU switched OFF for BOE but USDJP always running and other 2 great trades (togheter with Wally) ;D
Title: Re: Forex Diamond EA
Post by: langzi on October 12, 2014, 06:10:36 PM
GU switched OFF for BOE but USDJP always running and other 2 great trades (togheter with Wally) ;D

1. Is there any settings to automatically off during BOE or you have to do it manually every time?
2. Do you change the takeprofit value or leave it at default of 100?

Thx!
Title: Re: Forex Diamond EA
Post by: corre971 on October 12, 2014, 06:13:38 PM
GU switched OFF for BOE but USDJP always running and other 2 great trades (togheter with Wally) ;D

1. Is there any settings to automatically off during BOE or you have to do it manually every time?
2. Do you change the takeprofit value or leave it at default of 100?

Thx!
I switch off the ea on GU manually. I do not change any set, only the automm and autommmax values
Title: Re: Forex Diamond EA
Post by: langzi on October 12, 2014, 07:01:44 PM
GU switched OFF for BOE but USDJP always running and other 2 great trades (togheter with Wally) ;D

1. Is there any settings to automatically off during BOE or you have to do it manually every time?
2. Do you change the takeprofit value or leave it at default of 100?

Thx!

I have 3 open trades on FD and 1 by WS on G/U on Friday. All still losing :(
Do you have these as well? Thinking of manually close them later...



I switch off the ea on GU manually. I do not change any set, only the automm and autommmax values
Title: Re: Forex Diamond EA
Post by: haidanger on October 13, 2014, 03:57:24 AM
GU switched OFF for BOE but USDJP always running and other 2 great trades (togheter with Wally) ;D

1. Is there any settings to automatically off during BOE or you have to do it manually every time?
2. Do you change the takeprofit value or leave it at default of 100?

Thx!

I have 3 open trades on FD and 1 by WS on G/U on Friday. All still losing :(
Do you have these as well? Thinking of manually close them later...



I switch off the ea on GU manually. I do not change any set, only the automm and autommmax values

Big lose on GBPUSD. I can't bare the pair now.
Title: Re: Forex Diamond EA
Post by: donbon2 on October 13, 2014, 04:39:40 AM
My Rules for FD

1. no $chf
2. turn off before news
3. close all trades before friday close
4. don't start EA until before Europe Open Mondays.

If you look at FD losses these times are where they most happen.

It is a great EA for me - who has time to do those things -- people wanting to run 100% automated then it maybe not the best EA for you to buy.
Title: Re: Forex Diamond EA
Post by: langzi on October 13, 2014, 11:27:07 AM
Are your settings like these?
MondaystartHour = 7
FridayExit = True
lastTradeHour = 19
ExitHour = 20

NOTE: I'm Using Alpari UK...
Title: Re: Forex Diamond EA
Post by: corre971 on October 30, 2014, 09:57:22 AM
Forex Diamond recovered and now is on a new equity high. The secret is simple: run at low risk, so when tghe bad day will come (and will come) u will have an aceptable loss and will not quit trading it; because we saw that it has always recovered from losses
Title: Re: Forex Diamond EA
Post by: donbon2 on October 30, 2014, 07:59:12 PM
FD made me a tonne of money last night.... making back alot of the losses from those stupid EZFX eas that are next to worthless.

I'm also using the FX Blue trade Copier for FD / WSR + fxMonetizer to send trades to my XM + TF Accounts - to juice up the returns a little.

FD has flaws and we all know those -- but if you can reduce those as much as possible then this thing can really trade very well given the right market.

we had a 200+ point day not long ago - probably close to that again for me last night.

Title: Re: Forex Diamond EA
Post by: corre971 on October 30, 2014, 08:15:26 PM
Today one of my best day and my accounts are at the higher balance ever
Title: Re: Forex Diamond EA
Post by: corre971 on October 31, 2014, 05:12:26 PM
I have made a rapid check on my accounts and i have found that i have earned more money with Forex Diamond than with Wally and that maybe at the moment is one the best performing in my portfolio. Will add FD to trade also on other accounts (but wait for some losses to occurr)
Title: Re: Forex Diamond EA
Post by: donbon2 on October 31, 2014, 05:18:50 PM
this has been very profitable for me also

really it is just a matter of avoiding Monday Opens and Big News Days and this thing trades really well.
Title: Re: Forex Diamond EA
Post by: corre971 on October 31, 2014, 05:21:00 PM
this has been very profitable for me also

really it is just a matter of avoiding Monday Opens and Big News Days and this thing trades really well.
It is another great EA from FxAutomater
Title: Re: Forex Diamond EA
Post by: forexfish on November 03, 2014, 11:39:52 AM
this has been very profitable for me also

really it is just a matter of avoiding Monday Opens and Big News Days and this thing trades really well.
It is another great EA from FxAutomater

donbon I think you have worked out well but switch ON and OFF is difficult for me. I normally seek auto pilot EA without manual intervention as  I am not available most of the time at my VPS.

FD my account I have 15 SLs in a row Today and then one trade closed at profit.  Vendor has totally different scenario and although he has some SLs but not 15.  :(

I believe you able to manage well as you normally Turn OFF on weekend and open late Monday.

Title: Re: Forex Diamond EA
Post by: Nadir on November 03, 2014, 12:33:03 PM
Sorry dude, wow I'm glad I switched on five hours ago and not before.
Why can't you access the vps? It would only need a 50$ smartphone, one app and a bit internet. I manage my trades during lunchtime or in the bus or while sitting on the toilet. (where the boss can't see you are smartphoning :)
Title: Re: Forex Diamond EA
Post by: forexfish on November 03, 2014, 12:38:03 PM
Sorry dude, wow I'm glad I switched on five hours ago and not before.
Why can't you access the vps? It would only need a 50$ smartphone, one app and a bit internet. I manage my trades during lunchtime or in the bus or while sitting on the toilet. (where the boss can't see you are smartphoning :)

thanks Nadir

Your remain lucky and it was performing well from the last couple of months so I increased the risk as well. I have Andriod Mt4 installed in my Andriod phone where I can access my accounts but I was not aware off whether I can access vps ?

Which application needed in Andriod ph to access vps ? Can I see all mt4 running in Andriod ph and able to turn off EA ?
Title: Re: Forex Diamond EA
Post by: corre971 on November 03, 2014, 12:43:16 PM
Sorry dude, wow I'm glad I switched on five hours ago and not before.
Why can't you access the vps? It would only need a 50$ smartphone, one app and a bit internet. I manage my trades during lunchtime or in the bus or while sitting on the toilet. (where the boss can't see you are smartphoning :)
I use access to go for iPad but honestly on my Office i open my vps on pc by rdp when noone watch at my side (and so can Control everything) but usually my manual intervention are limited
Title: Re: Forex Diamond EA
Post by: forexfish on November 03, 2014, 12:51:09 PM
Sorry dude, wow I'm glad I switched on five hours ago and not before.
Why can't you access the vps? It would only need a 50$ smartphone, one app and a bit internet. I manage my trades during lunchtime or in the bus or while sitting on the toilet. (where the boss can't see you are smartphoning :)
I use access to go for iPad but honestly on my Office i open my vps on pc by rdp when noone watch at my side (and so can Control everything) but usually my manual intervention are limited

Yes at work place, it is out of question to open vps via rdp as it is blocked but if I use IPAD then everybody would watch so not practical for me unfortunately, but in worse case scenario if vps is down or something I can close trades manually but normally I do not intervene any EA trades.
Title: Re: Forex Diamond EA
Post by: Nadir on November 03, 2014, 12:54:37 PM
You can just install a rdp app. I use 2x client but there are many apps out there. Even if it's blocked in the wifi you can switch it off and connect via mobile network
Title: Re: Forex Diamond EA
Post by: forexfish on November 03, 2014, 01:02:00 PM
You can just install a rdp app. I use 2x client but there are many apps out there. Even if it's blocked in the wifi you can switch it off and connect via mobile network

Thanks mate, I will try and it would be very helpful if i can access via mobile as some EAs it is important to switch on and off to get better results.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 03, 2014, 07:01:00 PM
Well all I do is trade - so I have watched all these EA's trade and seen what they can do and what they can't do ...

So I know never to leave FD positions open over a weekend - and only switch on late monday right before Europe.

I made alot of profit again yesterday with FD + VF and just 1 trade in WSR

but now I have figured out how best to use these.

You will also notice in many of my posts now - I always say look this EA works really well with my broker/my vps and with these trading restrictions and lastly with some manual intervention from me based on my observations

this is extremely important because you may get a completely different set of results than I do.

Honestly I love these EA's -- limited risk everytime - lock in some profit most of the time - trade alot so generate rebate money - and very low stress.

You compare that to the EZFX EA's where you risk your whole account on every trade to make 10 points - that just does not work for me.

Anyway I'm sure you will find some solution that will work for you - because it makes a big different in profits.

Good Trading.
Title: Re: Forex Diamond EA
Post by: corre971 on November 03, 2014, 09:37:09 PM
Now seems that also eurusd on FD is generating some nice profits
Title: Re: Forex Diamond EA
Post by: donbon2 on November 03, 2014, 10:04:14 PM
lots of profits this morning

$YEN + GBP + EUR

have turned off now over the voting will start up again in Europe.
Title: Re: Forex Diamond EA
Post by: [GooSe] on November 03, 2014, 10:43:54 PM
lots of profits this morning

$YEN + GBP + EUR

have turned off now over the voting will start up again in Europe.

voting?
Title: Re: Forex Diamond EA
Post by: corre971 on November 03, 2014, 10:47:51 PM
lots of profits this morning

$YEN + GBP + EUR

have turned off now over the voting will start up again in Europe.

voting?
Mid term in USA?
Title: Re: Forex Diamond EA
Post by: donbon2 on November 03, 2014, 10:53:03 PM
US Election and RBA

this is not so good for scalpers in my opinion as market may spike

prefer to wait for more liquidity when Europe Comes In -- This EA is performing flawlessly - so want to give it the best markets to trade.

So I switch off  FD / WSR + VF

leave Nami + Monetizer to trade any breakouts that may occur.

Cheers
Title: Re: Forex Diamond EA
Post by: mike4x on November 04, 2014, 01:24:18 AM
Can you guys suggest a good account balance to fund 0.1 lots?
Thanks.
Title: Re: Forex Diamond EA
Post by: VinylPaul on November 04, 2014, 02:58:33 AM
Just wondering if Diamond has anytime of setting where risk can be increased or decreased by the user?
Title: Re: Forex Diamond EA
Post by: corre971 on November 04, 2014, 06:25:16 AM
Just wondering if Diamond has anytime of setting where risk can be increased or decreased by the user?
You can select the automm value with the risk u like; also u can choose recovery on or off (a type of martingale:increases the lotsize after losses for next trades); if u choose recovery on, u can choose the max level by Autommmax value. The EA is very well coded, is from Fxautomater (Wally)
Title: Re: Forex Diamond EA
Post by: corre971 on November 04, 2014, 06:29:54 AM
Can you guys suggest a good account balance to fund 0.1 lots?
Thanks.
It depends by the level of risk.Also If is not a Martigrid also if can opens basket of trades, so there is no a minimum balance required. I honestly prefer to use it with an automm value not higher than 1
Title: Re: Forex Diamond EA
Post by: donbon2 on November 05, 2014, 10:29:14 AM
today had a few trades

GBP +7

YEN -26  sold@83 bought @09
EUR -22  bought @32 sold @10

- 41 points

normally after a loss this thing actually trades better - so see how we go.

Cheers

Title: Re: Forex Diamond EA
Post by: corre971 on November 05, 2014, 10:34:24 AM
today had a few trades

GBP +7

YEN -26  sold@83 bought @09
EUR -22  bought @32 sold @10

- 41 points

normally after a loss this thing actually trades better - so see how we go.

Cheers
I am honestly waiting some losses to occur on EURUSD to start to trade again also this pair. I think from this night / early tomorrow morning to switch OFF GBPUSD till monday morning
Title: Re: Forex Diamond EA
Post by: donbon2 on November 05, 2014, 10:37:16 AM
I will let it trade today through till tomorrow afternoon Asia then switch off till next Monday Afternoon ... avoid those couple of days of news events... and the Monday Open.
Title: Re: Forex Diamond EA
Post by: markt21 on November 06, 2014, 04:18:22 PM
hi y'all, I have just started running this on one of my demo accounts, 3 x pairs eurusd, gbpusd and usdjpy .. I am just using the default settings currently .. are there any observations anyone has made so far for settings tweaks that I might want to try out ? i.e. which signals are the most steady, should I tweak trend strength, is recovery worth turning on etc .. cheers, Mark
Title: Re: Forex Diamond EA
Post by: corre971 on November 06, 2014, 04:27:50 PM
hi y'all, I have just started running this on one of my demo accounts, 3 x pairs eurusd, gbpusd and usdjpy .. I am just using the default settings currently .. are there any observations anyone has made so far for settings tweaks that I might want to try out ? i.e. which signals are the most steady, should I tweak trend strength, is recovery worth turning on etc .. cheers, Mark
Don't tweak trend trend strenght. Only choose ur automm value and if u want to use recovery on. Personaly i use it but in a softer way. For example, if use an automm value of 1, and recovery = on, my Autommmax will be 1.5 (so 1.5 times higher than the automm). My suggestion is to not use an automm higher than 1 and to not use an autommmax higher than 2
Title: Re: Forex Diamond EA
Post by: forexfish on November 08, 2014, 11:01:10 AM
hi y'all, I have just started running this on one of my demo accounts, 3 x pairs eurusd, gbpusd and usdjpy .. I am just using the default settings currently .. are there any observations anyone has made so far for settings tweaks that I might want to try out ? i.e. which signals are the most steady, should I tweak trend strength, is recovery worth turning on etc .. cheers, Mark
Don't tweak trend trend strenght. Only choose ur automm value and if u want to use recovery on. Personaly i use it but in a softer way. For example, if use an automm value of 1, and recovery = on, my Autommmax will be 1.5 (so 1.5 times higher than the automm). My suggestion is to not use an automm higher than 1 and to not use an autommmax higher than 2

I use fixed lot settings, is autommmax 2 mean each trades carry risk 2% of account ?  so if there are 15 trades in loss in a row then 30% account can hit ?
Title: Re: Forex Diamond EA
Post by: corre971 on November 08, 2014, 03:18:24 PM
hi y'all, I have just started running this on one of my demo accounts, 3 x pairs eurusd, gbpusd and usdjpy .. I am just using the default settings currently .. are there any observations anyone has made so far for settings tweaks that I might want to try out ? i.e. which signals are the most steady, should I tweak trend strength, is recovery worth turning on etc .. cheers, Mark
Don't tweak trend trend strenght. Only choose ur automm value and if u want to use recovery on. Personaly i use it but in a softer way. For example, if use an automm value of 1, and recovery = on, my Autommmax will be 1.5 (so 1.5 times higher than the automm). My suggestion is to not use an automm higher than 1 and to not use an autommmax higher than 2

I use fixed lot settings, is autommmax 2 mean each trades carry risk 2% of account ?  so if there are 15 trades in loss in a row then 30% account can hit ?
Autommmax works only If u use Recovery ON, but if u use Fixed lot settings, u cannot use recovery on and so also autommmax will not work. Autommmax indicate, if u use recovery ON, the  max value in increasing the lotsize after a loss occurr. For example, if u use automm=1 and autommmax=2, after a loss the lotsize can be increased by the ea Till a double value. Using recovery on or off is a matter of choice. Honestly i use it, since helps in recover faster once a big basket is closed in loss. But i use a very low automm value= 0.5, because the EA can build baskets up to 9 levels on the same pair (but i saw sometimes also 10 levels) and so If  a SL  occurr on These big baskets with my low automm values my DD will be acceptable. I use am autommmax=1.5. So the ea can increase the lotsize up to 1.5 the initial value after a loss accurr. I am planning to decrease the balance of my Activtrades account to switch some funds on other accounts and so maybe will slightly increase my MM values
Title: Re: Forex Diamond EA
Post by: corre971 on November 10, 2014, 08:11:51 AM
Maybe that's luck  8), but had all the winning trades and avoided all the 4 losses on GBPUSD; simply i stop to trade GBPUSD at 16 PM my time (GMT+2) and restart it at midnight sunday night  ;)
USDJPY run "naked" and is never stopped
Title: Re: Forex Diamond EA
Post by: donbon2 on November 10, 2014, 12:36:53 PM
Corre - same for me I avoided those bad trades as well.

I have said this many times about this EA - it is one of the best EA's to trade with -- but there are a few rules to follow that have been pointed out in this thread already which really help alot with performance.

So I know perhaps not everyone was able to avoid them -- but I hope by reading our comments - it gives a little more information on getting the best performance from it.

GT
Title: Re: Forex Diamond EA
Post by: Meteora on November 10, 2014, 03:51:56 PM
Just got FD today and on demo acc for a test run on my settings. Was wondering if anyone could share their strategies currently the most effective and / or do each pairs requires different signals / settings in order to have the perfect run (ss1/2/3, recovery mode, automm)? Well aside on manually turn off before news, close all trades before Friday etc.

Thanks!
Title: Re: Forex Diamond EA
Post by: donbon2 on November 10, 2014, 10:10:30 PM
only run on EUR + YEN + GBP

I use the custom symbol and enter each symbol - this gives you an updated s/l t/p for each pair.

Personally I used to use the MM - now I just use Fixed Lot and disable MM + Recovery ... the Recovery has better returns but in a trending market like we have been seeing the risk/reward may not be there at this time

I manually stop the EA from trading over news .. close all positions on Friday afternoon NY - and don't restart trading till right before Europe Open .. this seems to remove gaps/continuation moves.. which have caused losses.

You can also set how many orders you want to allow for each signal and total orders - so as to not allow too many positions to open especially helpful if you have a smaller balance.

Lastly what you will notice is this EA recovers nicely from losses -- so you can adjust your Fixed Lot sizes like I do in those situations without just doing it automatically via MM... just so you can leave it in a trending market and increase it in a range market.

This also trades alot - so inherent in that - is the EA will make money and lose money - we just have to try to reduce those trading periods where we know it doesn't perform as well.

Make sure you sign up with a Cashback Place - so you get some rebate per trade as well.

** Markets Change / Trends Come and Go - so Past Performance will not guarantee success in the Future - you have to be aware of that with using these EA's and keep your risk within what you can afford to trade with.

Corre I'm sure will chime in with his thoughts - because it seems like me - he studies their tendencies and strategies... so definately take note of his feedback.



Title: Re: Forex Diamond EA
Post by: markt21 on November 11, 2014, 09:37:43 AM
have been testing this out on the pairs GBPUSD, EURUSD and USDJPY, Monday is always a bit dire, so am starting to tweak the start and stop times and lots settings to minimise loss .. what is the general consensus as to the best pairs to run this on ? don, you only run on EUR + YEN + GBP, so just 2 x pairs ? cheers Mark
Title: Re: Forex Diamond EA
Post by: donbon2 on November 11, 2014, 08:02:31 PM
I don't know maybe it is just me

but I have +36 on closed trades - and $yen open which is down 7 points right now

This EA has its ups and downs because it trades all the time - so it is not going to be right 100% of the time .. but if you work on it and reduce those loss making times .. it really does make good profits.

You should also be using a rebate on your account to benefit from the volume.

Cheers
Title: Re: Forex Diamond EA
Post by: corre971 on November 12, 2014, 10:20:23 AM
Closed from yesterady evening to now about 15 trades an almost all winners: my account is to a new equity high. My entries and exits are slightly better than the vendor demo account and my spreads are not the best; so with an ECN account with very tight spreads and rebates FD will be very very profitable. Only need some easy manual intervention (but honestly would be profitable also without intervention)
Waiting for some losses to start to trade it on new accounts
The error i think most people do with FD is to use an high Automm value, so when a basket is closed in loss the DD is high and they get scared. I honestly use low automm value and a recovery mode with an Autommmax value only 1.5 bigger than my Auromm value and very happy with this. At the moment is my 3rd best performer
1st FX safe Profit
2nd Drive Gold
3rd Forex Diamond
The soonest will trade it on Thinkforex (need to wothdraw some gains to fund the account)
Title: Re: Forex Diamond EA
Post by: donbon2 on November 12, 2014, 08:02:40 PM
wake up this morning and see more money in my account from

FX Safe
Monetizer
Forex Diamond

just another typical day for me.

I know you see some negative comments about FD from people in this thread from time to time - and I think that is because they have not tweaked how they let FD trade -- and they are running 100% automated

when you do that your going to incur more of the s/l than if you manage it a little better... as this EA trades all the time.

Anyway hope others have plenty of pips as well .. GT
Title: Re: Forex Diamond EA
Post by: alidubai on November 13, 2014, 06:49:43 AM
IF anyone looking to sell his/her lisence contact me :P
Title: Re: Forex Diamond EA
Post by: forexfish on November 14, 2014, 10:05:34 AM

I did not get any trade yesterday.

Did anybody got any trade ?
Title: Re: Forex Diamond EA
Post by: corre971 on November 14, 2014, 10:30:20 AM

I did not get any trade yesterday.

Did anybody got any trade ?
I compare my trades with their demo account:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
and they match
Strange that u missed these trades
Anyway maybe better like this because u have missed a GU losing trades and now 2 UJ trades in floating loss
Which broker u use?
Title: Re: Forex Diamond EA
Post by: forexfish on November 14, 2014, 11:41:17 AM

I did not get any trade yesterday.

Did anybody got any trade ?
I compare my trades with their demo account:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
and they match
Strange that u missed these trades
Anyway maybe better like this because u have missed a GU losing trades and now 2 UJ trades in floating loss
Which broker u use?

Thanks corre

I was having some connectivity issue as in same MT4 i have 2 accounts one for manal trading but not often i thought may be switching from one account to other and then again back to FD account created any problem.  Thats good i missed some GU bad trades. It was TF now i run at Hot Forex. It works fine now.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 14, 2014, 12:16:03 PM
I switched off GBP yesterday as the market started to trend which was not good for FD

also I have started to turn it off for those few hours changeover from US Market to Tokyo - as the positions it puts on during those times alot of times aren't successful.

I wish it had a news filter and a time filter to really narrow these things down ... but i'm watching it most of the time anyway so keep a close eye on the patterns.
Title: Re: Forex Diamond EA
Post by: forexfish on November 14, 2014, 12:24:02 PM
I switched off GBP yesterday as the market started to trend which was not good for FD

also I have started to turn it off for those few hours changeover from US Market to Tokyo - as the positions it puts on during those times alot of times aren't successful.

I wish it had a news filter and a time filter to really narrow these things down ... but i'm watching it most of the time anyway so keep a close eye on the patterns.

It is nice you able to aviod some bad trades. I am not efficient enough to manage turn off and on but i consider this ea as cash back if it manage breakeven. It generates good cask back.
Title: Re: Forex Diamond EA
Post by: kabitto on November 14, 2014, 01:27:38 PM
i wrote to support - asking to implement NEWS filter.
it would be nice to have it :)

I switched off GBP yesterday as the market started to trend which was not good for FD

also I have started to turn it off for those few hours changeover from US Market to Tokyo - as the positions it puts on during those times alot of times aren't successful.

I wish it had a news filter and a time filter to really narrow these things down ... but i'm watching it most of the time anyway so keep a close eye on the patterns.
Title: Re: Forex Diamond EA
Post by: forexfish on November 17, 2014, 12:19:16 AM


7 trades already closed at profit by FD since market opened.
Title: Re: Forex Diamond EA
Post by: TradeNow on November 17, 2014, 09:17:34 AM


7 trades already closed at profit by FD since market opened.

lucky one! on the official account they took a big demo hit today.  ;)

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

Title: Re: Forex Diamond EA
Post by: forexfish on November 17, 2014, 09:28:09 AM


7 trades already closed at profit by FD since market opened.

lucky one! on the official account they took a big demo hit today.  ;)

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

Lucky only for first 2 hours followed by losing trades.  Overall 10 trades closed at loss and 10 at profit. Needless to say losing ones are greater than the gainer so net loser.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 17, 2014, 10:41:13 AM
OK well one of my rules is not to trade Asia and wait for London on Mondays

for some reason Mondays doesn't seem to be able to handle the swings from high to low very well.

Also looking at FD accounts one thing is clear - that recovery mode is the better choice - and if you don't use recovery mode
then forget about trading EurUsd as it won't be profitable.

Funnily enough WSR shows a profit in EUR - so whatever differences there are between the products WSR does a better job of trading EUR.

Up to this point I haven't bothered with Recovery Mode - but after seeing how it traded Asia - and checking the official accounts - I'm going to have to look at this closer.

This is the main problem with FD at this time -- it needs a news filter and it needs a time filter - if you want to run this 100% automated -- otherwise you are going to run into sessions like what happened in Asia.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 17, 2014, 11:13:16 AM
So I added Recovery Mode to EUR + set it on lowest settings to start.

there is also a monday start setting - so will check what should be there - as normally I just do this manually myself

still doesn't solve the news issue -- but anyway a couple more check marks to keep this as profitable as possible.
Title: Re: Forex Diamond EA
Post by: shocky on November 17, 2014, 11:54:58 AM
I said it in another post, this EA has a poor performance with "straight out the box" settings. It's a good EA for the broker because it trades many times, but it's not so good for people who don't want to spend much time to manage it.
Title: Re: Forex Diamond EA
Post by: [GooSe] on November 17, 2014, 05:34:33 PM
I said it in another post, this EA has a poor performance with "straight out the box" settings. It's a good EA for the broker because it trades many times, but it's not so good for people who don't want to spend much time to manage it.

Repeating wrong things doesn't make it true.
Title: Re: Forex Diamond EA
Post by: shocky on November 17, 2014, 06:30:28 PM
I said it in another post, this EA has a poor performance with "straight out the box" settings. It's a good EA for the broker because it trades many times, but it's not so good for people who don't want to spend much time to manage it.

Repeating wrong things doesn't make it true.
You are right. Only you know the truth, and the truth will set you free
Title: Re: Forex Diamond EA
Post by: TradeNow on November 17, 2014, 06:32:49 PM
Lucky only for first 2 hours followed by losing trades.  Overall 10 trades closed at loss and 10 at profit. Needless to say losing ones are greater than the gainer so net loser.

sorry to hear that but fd should recover quickly.  :D
After analyzing the ea and reading the whole thread again i decided to buy it again.
So i set it up on EUR GBP JPY only with custom pair setting. thanks donbon   :D
Automm 0.5 with recovery on max 1.5. Thanks corre   :D
I also set friday exit true with 19 last trade hour and monday start 9 o clock.
Avoiding news manual. Did i miss something?
Thanks for helping  :-*
Title: Re: Forex Diamond EA
Post by: forexfish on November 17, 2014, 06:47:27 PM
Lucky only for first 2 hours followed by losing trades.  Overall 10 trades closed at loss and 10 at profit. Needless to say losing ones are greater than the gainer so net loser.

sorry to hear that but fd should recover quickly.  :D
After analyzing the ea and reading the whole thread again i decided to buy it again.
So i set it up on EUR GBP JPY only with custom pair setting. thanks donbon   :D
Automm 0.5 with recovery on max 1.5. Thanks corre   :D
I also set friday exit true with 19 last trade hour and monday start 9 o clock.
Avoiding news manual. Did i miss something?
Thanks for helping  :-*

Thanks TradeNow

I still on the opinion it is good EA, lot of activity and generate.

Thanks donbon & Corre for all research.

Mine fixed lot recovery is off. I will certainly amend these settings and hope it maintain or grow balance.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 20, 2014, 07:08:28 AM
Well we have commented extensively in this thread about what a good EA this is -- if you make some basic rules so that it avoids those markets where it just can't make money + other little bits and pieces.

It is impossible to avoid every single loss but thankfully my account doesn't look like theirs because that performance is Ugly.

If your looking to buy your first EA and your not comfortable with trading yet -- then this product may not be for you until you learn more about it.
Title: Re: Forex Diamond EA
Post by: FTW on November 20, 2014, 11:27:38 AM
Well we have commented extensively in this thread about what a good EA this is -- if you make some basic rules so that it avoids those markets where it just can't make money + other little bits and pieces.

It is impossible to avoid every single loss but thankfully my account doesn't look like theirs because that performance is Ugly.

If your looking to buy your first EA and your not comfortable with trading yet -- then this product may not be for you until you learn more about it.


It was a very painful day for UJ on diamond... 6 x 100 pips SL. I cannot understand why EA did not take SL sooner.

This EA is definately not for everyone, and needs much more work and filters as that's what donbon2 is saying about monitoring and stuff.

Title: Re: Forex Diamond EA
Post by: [GooSe] on November 20, 2014, 02:21:21 PM
Well we have commented extensively in this thread about what a good EA this is -- if you make some basic rules so that it avoids those markets where it just can't make money + other little bits and pieces.

It is impossible to avoid every single loss but thankfully my account doesn't look like theirs because that performance is Ugly.

If your looking to buy your first EA and your not comfortable with trading yet -- then this product may not be for you until you learn more about it.


It was a very painful day for UJ on diamond... 6 x 100 pips SL. I cannot understand why EA did not take SL sooner.

This EA is definately not for everyone, and needs much more work and filters as that's what donbon2 is saying about monitoring and stuff.



You are so right.
With today FD killed all FD own profits on my account (running since March '14) and is in loss now. Also there a two trades in minus open and I bet they will end in SL.
I've checked market always for news and often stopped FD in front of news. But for me this is not the way to run an EA.

Forex Diamond stopped for unknow time.
Confidence lost.
Title: Re: Forex Diamond EA
Post by: corre971 on November 20, 2014, 03:19:53 PM
Well we have commented extensively in this thread about what a good EA this is -- if you make some basic rules so that it avoids those markets where it just can't make money + other little bits and pieces.

It is impossible to avoid every single loss but thankfully my account doesn't look like theirs because that performance is Ugly.

If your looking to buy your first EA and your not comfortable with trading yet -- then this product may not be for you until you learn more about it.


It was a very painful day for UJ on diamond... 6 x 100 pips SL. I cannot understand why EA did not take SL sooner.

This EA is definately not for everyone, and needs much more work and filters as that's what donbon2 is saying about monitoring and stuff.



You are so right.
With today FD killed all FD own profits on my account (running since March '14) and is in loss now. Also there a two trades in minus open and I bet they will end in SL.
I've checked market always for news and often stopped FD in front of news. But for me this is not the way to run an EA.

Forex Diamond stopped for unknow time.
Confidence lost.
I have not checked but for sure these days burned all the FD gains from summer  >:(
Title: Re: Forex Diamond EA
Post by: Basilero on November 20, 2014, 06:16:26 PM
from July 29 to today:
Euro:   s1 -637     +624
           s2 -394      +249
           s3 -126       +196


Yen    s1 -409        +887
          s2 -940        + 536
          s3 -239         +160


GBP   s1 -397        +689
          s2 -298         +346
          s3 -124          +274
PIPS


what do we have? Euro useless at best, 0 yen is profitable only 1 strategy, GPB benefit all three strategies.
exclude the euro, the yen only use the strategy number 1, use the GBP strategy number 2 with a reduced risk strategy number 1 and number 3 using the maximum? Your Options?
Title: Re: Forex Diamond EA
Post by: corre971 on November 20, 2014, 06:28:57 PM
from July 29 to today:
Euro:   s1 -637     +624
           s2 -394      +249
           s3 -126       +196


Yen    s1 -409        +887
          s2 -940        + 536
          s3 -239         +160


GBP   s1 -397        +689
          s2 -298         +346
          s3 -124          +274
PIPS


what do we have? Euro useless at best, 0 yen is profitable only 1 strategy, GPB benefit all three strategies.
exclude the euro, the yen only use the strategy number 1, use the GBP strategy number 2 with a reduced risk strategy number 1 and number 3 using the maximum? Your Options?
I have made the same analysis and the result is the same. I think i will trade only signal 1 on gbpusd and usdjpy
Title: Re: Forex Diamond EA
Post by: donbon2 on November 20, 2014, 07:16:23 PM
For me who watches the thing trade - I can monitor the trades and turn on and off etc

as well as all the other rules I have developed for it.

But for people who run this 100% automated - you have all the troubles that you guys are talking about.

This is definately not the first EA that you would be buying.

As for EUR - it is only profitable with Recovery On  - the other 2 don't need recovery to overall make a profit.

Anyway this will perform better when there is no big trend in the market this $yen trend basically has been its undoing.

I hope the creators make this a bit more responsive actually.
Title: Re: Forex Diamond EA
Post by: corre971 on November 20, 2014, 07:32:51 PM
For me who watches the thing trade - I can monitor the trades and turn on and off etc

as well as all the other rules I have developed for it.

But for people who run this 100% automated - you have all the troubles that you guys are talking about.

This is definately not the first EA that you would be buying.

As for EUR - it is only profitable with Recovery On  - the other 2 don't need recovery to overall make a profit.

Anyway this will perform better when there is no big trend in the market this $yen trend basically has been its undoing.

I hope the creators make this a bit more responsive actually.
U had not the recent stop losses?
Title: Re: Forex Diamond EA
Post by: donbon2 on November 20, 2014, 08:25:33 PM
No I turned $yen off and just bought $yen and took profit at the creators accounts s/l .. as I saw strong trend.

I only let it trade EUR + GBP -- so yesterday had some profits.

Also I don't allow it to trade Monday Asia only from London on -- so I had 1-2 stop losses and that was it.

Like I said - you can't compare how I use this EA - to how someone who just turns it on and lets it go.
Title: Re: Forex Diamond EA
Post by: AtlantaSean on November 21, 2014, 02:15:01 AM
Currently I see that FD is having a Black Friday sale for $99. The marketing on their website homepage is so gross but still Its so tempting to press the Buy button. :o

Skimmed over this thread somewhat and there are mixed reviews.


Has anyone tried to duplicate the trades or is anyone at all familiar with the order logic? From what I can tell this trades on M1 Open Prices only for Open & Close. Also noted some comparisons to WSFR. Same coders so maybe similar trades, is that apparent? If so then I would guess the oscillators are set to tighter levels to make it trade more frequently.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 22, 2014, 08:08:16 PM
"Hi
I would like to know how you manage these robots manually:
FD + VF + WSR

Especially Forex Diamond is very important for me.
Please tell me how should I manually control and stop FD to not lose?
Should I watch forex factory calendar and count the number of red news per day and stop this EA on that day if there are more than 3 red news for pairs involved? or in those days that there is a bank holiday? what should I look for in order to decide which days should I turn it off?

Please help me because I have wasted almost all of my savings because of some rubbish EAs (but I am finally finding the right EAs I guess)."


I agree I myself have wasted alot of money on crap EA's and their stupid backtests .. I live in the real world and I need to see that your strategy can make money -- it has a stop loss and it is not just going to sit in drawdown all the time.

VF + WSR don't need manual intervention - you can set the filters before it starts trading.

Forex Diamond

* only trade EUR with recovery mode on - it won't make money otherwise
* GBP + $YEN  - when I see the market move 150 points in one direction = trend I turn off the currency doing it - because FD will keep selling and get stopped 2-3 times
* don't trade $chf
* don't trade mondays until London Comes in
* don't hold positions over the weekend.
* turn off before all HIGH news events
* don't let it run from the end of new york till an hour or so into Asia Tuesday-Friday - lots of those positions are losers.
* FD is a scalper don't run it without being part of a rebate program

really FD needs a lot of management because it works best in a certain type of market.

If you want to know what EA's to buy my list is simple

FX Safe / Drive Gold / Fx Monetizer / Forex Diamond / Wall Street Robot

currently testing PowerFlow - and I might buy The Keltner one next year -- but if I were starting over those would be the only ones I would consider starting out.

Benz / GTO the vendors account blew up a few months ago - that hasn't happened to me - but I would recommend FX Safe as a much safer EA to trade with.

Some potential exists with Cabex and Ray Scalper - but I need to see alot more profitable samples before I would look at them seriously.

Finally if your not reading every post written by CORRE you should be -- he has tested a tonne of EA's and any Setting Changes he makes etc --- so spend 20 minutes researching his experiences as well.

Please remember - past results may not reflect future results - often times EA's work in one market and not another - so you have to monitor your EA's and turn them off in markets that don't work for them

Cheers




Title: Re: Forex Diamond EA
Post by: sam2014 on November 22, 2014, 08:26:48 PM
"Hi
I would like to know how you manage these robots manually:
FD + VF + WSR

Especially Forex Diamond is very important for me.
Please tell me how should I manually control and stop FD to not lose?
Should I watch forex factory calendar and count the number of red news per day and stop this EA on that day if there are more than 3 red news for pairs involved? or in those days that there is a bank holiday? what should I look for in order to decide which days should I turn it off?

Please help me because I have wasted almost all of my savings because of some rubbish EAs (but I am finally finding the right EAs I guess)."


I agree I myself have wasted alot of money on crap EA's and their stupid backtests .. I live in the real world and I need to see that your strategy can make money -- it has a stop loss and it is not just going to sit in drawdown all the time.

VF + WSR don't need manual intervention - you can set the filters before it starts trading.

Forex Diamond

* only trade EUR with recovery mode on - it won't make money otherwise
* GBP + $YEN  - when I see the market move 150 points in one direction = trend I turn off the currency doing it - because FD will keep selling and get stopped 2-3 times
* don't trade $chf
* don't trade mondays until London Comes in
* don't hold positions over the weekend.
* turn off before all HIGH news events
* don't let it run from the end of new york till an hour or so into Asia Tuesday-Friday - lots of those positions are losers.
* FD is a scalper don't run it without being part of a rebate program

really FD needs a lot of management because it works best in a certain type of market.

If you want to know what EA's to buy my list is simple

FX Safe / Drive Gold / Fx Monetizer / Forex Diamond / Wall Street Robot

currently testing PowerFlow - and I might buy The Keltner one next year -- but if I were starting over those would be the only ones I would consider starting out.

Benz / GTO the vendors account blew up a few months ago - that hasn't happened to me - but I would recommend FX Safe as a much safer EA to trade with.

Some potential exists with Cabex and Ray Scalper - but I need to see alot more profitable samples before I would look at them seriously.

Finally if your not reading every post written by CORRE you should be -- he has tested a tonne of EA's and any Setting Changes he makes etc --- so spend 20 minutes researching his experiences as well.

Please remember - past results may not reflect future results - often times EA's work in one market and not another - so you have to monitor your EA's and turn them off in markets that don't work for them

Cheers







Thanks for your great info,

take a look at this image I attached,
you said that  "don't let it run from the end of new york till an hour or so into Asia Tuesday-Friday - lots of those positions are losers."  -->  is it equal to => stopping trades exactly at the start of hour: 20:00 until end of hour 23 itself (until 23:59) ?
and is that something that we should avoid trading each day of the week or just on Tuesday to Friday hours?

the direct link to image:  http://i.investopedia.com/inv/articles/site/FX-3market1.gif (http://i.investopedia.com/inv/articles/site/FX-3market1.gif)
Title: Re: Forex Diamond EA
Post by: donbon2 on November 23, 2014, 07:23:37 AM
well those hours are best traded by Best Scalper and EasyWalker - that is what they specialize in -- but even they have had a tough time with the trending markets - so FD is not as perfected for that time as they are - so I don't feel it is best to deal those times.

so really 4pm New York - 8 pm New York - best to turn it off - and not have any stale positions into Asia... Tuesday to Friday -- Monday no trading until Asia is ready to close.

you gotta remember these are my opinions only - what I have tried to do is exclude as many of the losing trade periods to maximize performance.

In 2015 we could be faced with a different type of market... this is not clear yet.
Title: Re: Forex Diamond EA
Post by: tamarin trust on November 23, 2014, 09:12:13 AM
Hi Donbon2,
so really 4pm New York - 8 pm New York - best to turn it off .
We are talking GMT time ????
 ???
Title: Re: Forex Diamond EA
Post by: TradeNow on November 23, 2014, 09:38:20 AM
Imho Diamond isnt a good ea at the moment.
There are several better eas out and vendor is also aware of the bad performance. I had a short contact with vendor and got my refund instantly. The vendor is top notch and i hope they can improve the logic to avoid such losses we saw the last week.
I didnt need an ea if i had to babysit the whole week.
WSFR on GBPUSD & USDJPY is doing very well 24/7 without any need to watch the whole day.
Better allocating more money in those eas instead of tweaking a dead horse  ;)

best regards
Mark


 
Title: Re: Forex Diamond EA
Post by: Nadir on November 23, 2014, 09:57:27 AM
Though you are very right on the babysitting part, it took me one look on the calendar last weekend to see that the only bot I will use during the week will be monetizer.
So yeah if you want to use this bot I would say the avoiding news thing needs to be taken very seriously. But I can understand if people like real automatic more.
Title: Re: Forex Diamond EA
Post by: TradeNow on November 23, 2014, 10:18:43 AM
Though you are very right on the babysitting part, it took me one look on the calendar last weekend to see that the only bot I will use during the week will be monetizer.

Absolut right. Monetizer is one of the eas which fits actual market conditions very well.

Br
Mark
Title: Re: Forex Diamond EA
Post by: corre971 on November 23, 2014, 02:38:13 PM
Though you are very right on the babysitting part, it took me one look on the calendar last weekend to see that the only bot I will use during the week will be monetizer.

Absolut right. Monetizer is one of the eas which fits actual market conditions very well.

Br
Mark
On Monetizer earned about 1000 eur in 3 weeks
Title: Re: Forex Diamond EA
Post by: donbon2 on November 23, 2014, 08:02:21 PM
I'm with you guys - that FD is not best suited at the moment

but when someone PM's you asking for advice - I would prefer to give it than to just let them flounder on their own.

FX Monetizer is one EA I have been recommending for some time and it has performed very well so not much need to help people with that one -- but FD is another I recommend so if there is a question and I know the answer - I try to help

GT
Title: Re: Forex Diamond EA
Post by: tamarin trust on November 24, 2014, 09:23:50 AM
I did, Ask about a News filter,and no time trade, to they support, see the reply. :-\


Good Morning,
I know i did this request already, i thing you should do an update with a
news filter and a no time trade, like volatility factor.
It will give much better performance to your ea,

Hope you will do it.

I knoe iím not the only one asking for this change.



Kind Regards.



Dear Tamarin Trust

The news filter is a good tool sometimes but it is just not suitable
for all strategies.
Yes, it helps you to avoid a loss, but it is also a reason for missing
profitable trades.
In some cases, it would filter out more profits than losses.
These are just our observations - a news filter limits the performance
of this EA on a long term period.

Sincerely,
Forex Diamond
www.forex-diamond.com (http://www.forex-diamond.com)
Title: Re: Forex Diamond EA
Post by: Basilero on November 24, 2014, 09:32:07 AM
I did, Ask about a News filter,and no time trade, to they support, see the reply. :-\


Good Morning,
I know i did this request already, i thing you should do an update with a
news filter and a no time trade, like volatility factor.
It will give much better performance to your ea,

Hope you will do it.

I knoe iím not the only one asking for this change.



Kind Regards.



Dear Tamarin Trust

The news filter is a good tool sometimes but it is just not suitable
for all strategies.
Yes, it helps you to avoid a loss, but it is also a reason for missing
profitable trades.
In some cases, it would filter out more profits than losses.
These are just our observations - a news filter limits the performance
of this EA on a long term period.

Sincerely,
Forex Diamond
www.forex-diamond.com (http://www.forex-diamond.com)

I do not understand why they think so? one eats sl profit from a dozen profitable trades. better to have a few winning trades than get one sl!
Title: Re: Forex Diamond EA
Post by: forexfish on November 24, 2014, 10:01:03 AM
I did, Ask about a News filter,and no time trade, to they support, see the reply. :-\


Good Morning,
I know i did this request already, i thing you should do an update with a
news filter and a no time trade, like volatility factor.
It will give much better performance to your ea,

Hope you will do it.

I knoe iím not the only one asking for this change.



Kind Regards.



Dear Tamarin Trust

The news filter is a good tool sometimes but it is just not suitable
for all strategies.
Yes, it helps you to avoid a loss, but it is also a reason for missing
profitable trades.
In some cases, it would filter out more profits than losses.
These are just our observations - a news filter limits the performance
of this EA on a long term period.

Sincerely,
Forex Diamond
www.forex-diamond.com (http://www.forex-diamond.com)

I do not understand why they think so? one eats sl profit from a dozen profitable trades. better to have a few winning trades than get one sl!

They are the creater, they have their own view, they might or might not agree users view.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 24, 2014, 05:40:31 PM
we operate with real world funds in limited supply -- when you run backtests - money in meaningless

news filters / time filters = good
none = bad

do it manually.
Title: Re: Forex Diamond EA
Post by: sam2014 on November 24, 2014, 08:18:33 PM
is FD a scalper?

or is it a trend trader?
or does it work best in ranging markets?

what strategies does it have for trading?
I know that there are some comments on their website about this but I want some more info about that from you.

we operate with real world funds in limited supply -- when you run backtests - money in meaningless

news filters / time filters = good
none = bad

do it manually.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 24, 2014, 08:46:55 PM
you know what this is

it works best in a range market - and it tries to sell overbought and buy oversold markets and then takes profit 5-20 points

in some trends it buys the pullback successfully but it is hit or miss

so if the market just stays in a 80-100 point range more than likely it will make money.

What seems to be bad for it - is like the $YEN rally - where it moves 500 points in one direction - it tries to sell many times.

Also on Mondays where the market gaps lower or higher and then does 100% retracement - it doesn't like that - it needs up and down markets not 1 way markets... the reason why this is bad - is it opens many positions and then they all lose.

So yeah it is a range scalper - with some trend trading at times.

Basically don't buy this EA unless you get cashback for each trade -- and for the moment where it is not performing so good - if you don't have time to manage it - probably don't buy it either... wait for a better market for it and get something else first.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 24, 2014, 08:51:58 PM
I want to just also repeat my point above.

Every vendor provides positive backtests - in every Sales/Support Thread - they all show huge gains over time.

But in the Real World - we have limited capital - and trading conditions are not always fluid -- and broker to broker conditions vary ... and as we know very few EA's actually do make money for most people.

So don't buy FD and expect perfection - it trades a lot - more than most EA's -- it is going to have good period and bad periods -- I like it but it is not for everyone.
Title: Re: Forex Diamond EA
Post by: Nadir on December 09, 2014, 03:48:52 PM
Wow -102 pips SL on usdjpy. Vendor trade is still open with ~-40 pips. Damn it.
Title: Re: Forex Diamond EA
Post by: forexfish on December 09, 2014, 03:53:22 PM
Wow -102 pips SL on usdjpy. Vendor trade is still open with ~-40 pips. Damn it.

I am saved no open position for usdjpy.  Today only SL EU37 pips and 4 pips in GU.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 09, 2014, 07:06:35 PM
I still haven't turned this on for this week yet -- usually I start it late Monday but a bit too much volatility for it at the moment.

One thing I learn more and more about EA Trading - no EA performs well in every sort of market condition - you have to keep an eye on them alot of the time.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on December 10, 2014, 01:48:00 PM
Now looking at the status for the past year I would say that the one pair and strategy that really stands out is UY S1. An option to consider is to discard other pairs and only run this one with recovery on. Since return/DD is good you might also consider to increase risk. Stats for the strategy is really good look here from vendor's account:  http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff (http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff)

Title: Re: Forex Diamond EA
Post by: [GooSe] on December 10, 2014, 02:50:25 PM
Now looking at the status for the past year I would say that the one pair and strategy that really stands out is UY S1. An option to consider is go discard other pairs and only run this one with recovery on. Since return/DD is good you might also consider to increase risk. Stats for the strategy is really good look here from vendor's account:  http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff (http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff)

Thanks! Nice analysis.
I activate this again on my account. Since some weeks FD was disabled.
Title: Re: Forex Diamond EA
Post by: FXJester on December 11, 2014, 04:35:20 PM
Yes - I use UJ and GU on S1 only (with recovery on)
Title: Re: Forex Diamond EA
Post by: phoebus on December 17, 2014, 10:16:32 AM
Now looking at the status for the past year I would say that the one pair and strategy that really stands out is UY S1. An option to consider is go discard other pairs and only run this one with recovery on. Since return/DD is good you might also consider to increase risk. Stats for the strategy is really good look here from vendor's account:  http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff (http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff)

Thanks! Nice analysis.
I activate this again on my account. Since some weeks FD was disabled.

Yes that is very common mistake - you see drawdown and you stop the EA and then the EA starts recovering, but you are out of the game and you miss out the profitable period. Then you see that EA is making good profits and you start the EA just to get the next bad period. I also get the nasty drawdown, but I did not stop the EA - just switched on the recovery and now I am on profit and I am switching off the recovery. My tests shows that the first and the third strategies are safer, but the second strategy has greater profit potential. The GBPUSD is best, the USDJPY is second, and the EURUSD is third as performance. The second strategy did not work very well on EURUSD. I am using the same approach with the recovery with Wallstreet Robot too with very good results - I switch on the recovery when I get about 200 pips drawdown and switch it off when I get recovery. I always keep in my mind that after long good period comes  a bad period and I never switch off reasonable risk EAs after some drowdown, because I know that I will miss out the profits. This is valid for all EAs with reasonable logic and reasonable risk which show good live and backtest results with small drawdown.
Title: Re: Forex Diamond EA
Post by: corre971 on December 17, 2014, 10:52:24 AM
Now looking at the status for the past year I would say that the one pair and strategy that really stands out is UY S1. An option to consider is go discard other pairs and only run this one with recovery on. Since return/DD is good you might also consider to increase risk. Stats for the strategy is really good look here from vendor's account:  http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff (http://gyazo.com/b4005b6ebbb57ef6f2ec343d0ef19dff)

Thanks! Nice analysis.
I activate this again on my account. Since some weeks FD was disabled.

Yes that is very common mistake - you see drawdown and you stop the EA and then the EA starts recovering, but you are out of the game and you miss out the profitable period. Then you see that EA is making good profits and you start the EA just to get the next bad period. I also get the nasty drawdown, but I did not stop the EA - just switched on the recovery and now I am on profit and I am switching off the recovery. My tests shows that the first and the third strategies are safer, but the second strategy has greater profit potential. The GBPUSD is best, the USDJPY is second, and the EURUSD is third as performance. The second strategy did not work very well on EURUSD. I am using the same approach with the recovery with Wallstreet Robot too with very good results - I switch on the recovery when I get about 200 pips drawdown and switch it off when I get recovery. I always keep in my mind that after long good period comes  a bad period and I never switch off reasonable risk EAs after some drowdown, because I know that I will miss out the profits. This is valid for all EAs with reasonable logic and reasonable risk which show good live and backtest results with small drawdown.
I have also posted many time that a common mistake is the stop and restart attitude of most users. I am in nice gain with FD and make only few manual intervention. Next weeks i will have a Thinkforex Pro account and so will ooperate also on EU. For the moment only GU and UJ.
Title: Re: Forex Diamond EA
Post by: IFFTrader on December 19, 2014, 10:55:54 AM
I have good confidence of this ea with GU and UJ. EU seems to dropping off the chart. I never stop running this EA with recovery. It recover quite well so far except for EU.
Title: Re: Forex Diamond EA
Post by: IFFTrader on December 19, 2014, 10:56:31 AM
I have good confidence of this ea with GU and UJ. EU seems to dropping off the chart. I never stop running this EA with recovery. It recover quite well so far except for EU.
Title: Re: Forex Diamond EA
Post by: corre971 on December 19, 2014, 11:02:24 AM
I have good confidence of this ea with GU and UJ. EU seems to dropping off the chart. I never stop running this EA with recovery. It recover quite well so far except for EU.
Best seems to run only UJ and GU, with a soft recovery and also better with only signal 1
As for EU, i am not trading it, but will start to trade it on a Thinforex PRO only signal 1 and 3 to get some rebates
Anyway a very good scalper
Title: Re: Forex Diamond EA
Post by: phoebus on December 21, 2014, 01:18:23 PM
What amazing recovery from the Diamond EA for the last 30 days. I have about 500 pips profit and full recovery of the recent drawdown. Really, really good scalper I must agree and I agree that the GBPUSD + USDJPY performs best.
Be careful with the risk with this robot, because it really trades a lot and even with its tight stop losses can make some nasty drawdowns. Anyway I feel safe with this robot since I keep my risk lower then 5% per trade. Anyone else that catches this beautiful run?
Title: Re: Forex Diamond EA
Post by: Blackpearl on December 21, 2014, 01:47:48 PM
I just bought FD and it place with the two successfull pairs GBPUSD USDJPY , revovery mode on, real account.
Title: Re: Forex Diamond EA
Post by: corre971 on December 21, 2014, 02:25:19 PM
What amazing recovery from the Diamond EA for the last 30 days. I have about 500 pips profit and full recovery of the recent drawdown. Really, really good scalper I must agree and I agree that the GBPUSD + USDJPY performs best.
Be careful with the risk with this robot, because it really trades a lot and even with its tight stop losses can make some nasty drawdowns. Anyway I feel safe with this robot since I keep my risk lower then 5% per trade. Anyone else that catches this beautiful run?
If is a very good scalper, but imo 5% is too High. Consider that it can open multiple trades (using it from about 1 year and saw also 10 trades baskets). I am opening some ECN tight spreads accounts and will run also on them FD. The secret os to not giVe up after a large basket closed in loss. So is fundamenatl to choose an Mm value suitable for our risk appetite
Title: Re: Forex Diamond EA
Post by: corre971 on December 21, 2014, 02:30:52 PM
What amazing recovery from the Diamond EA for the last 30 days. I have about 500 pips profit and full recovery of the recent drawdown. Really, really good scalper I must agree and I agree that the GBPUSD + USDJPY performs best.
Be careful with the risk with this robot, because it really trades a lot and even with its tight stop losses can make some nasty drawdowns. Anyway I feel safe with this robot since I keep my risk lower then 5% per trade. Anyone else that catches this beautiful run?
I have never stopped to use it. Only i have dropped many months ago usdchf and eurusd. As for eurusd i will trade If on some ecn account to generate rebates. Pay attention with the mm values, don't be greedy. On medium and large accounts i would not go beyond 1% (maybe is also too High). On smaller accounts we can also be more aggressive
Title: Re: Forex Diamond EA
Post by: phoebus on December 22, 2014, 06:35:11 PM
Several good trades today. I think that Forex Diamond performs best in choppy volatile market like this.
Title: Re: Forex Diamond EA
Post by: dusfx on December 24, 2014, 09:08:08 AM
Hello, I am a new here! I red many positive comments for this EA and I buy it today in combo pack with Wallstreet EA. I hope that my money will not be wasted. I made some backtest and I see that Forex Diamond trades a lot. As I understand from this thread the GBPUSD and USDJPY are the best currencies for this EA so I will stick to them. I have account in FXPro, but the spreads especially for GBPUSD are very high. Can you recommend me a good broker with small spreads?
Thank you very much!
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 25, 2014, 09:46:29 AM
Mery Crystmass and Happy New Year to all Forex Diamond EA users and all donnaforex members!
We wish you many green pips through the new 2015 year!

WallStreet FOREX Robot team
Title: Re: Forex Diamond EA
Post by: forexfish on December 29, 2014, 03:52:41 PM


Last trade for me was on 24 December, anybody got any trade today ?
Title: Re: Forex Diamond EA
Post by: phoebus on December 29, 2014, 04:54:26 PM


Last trade for me was on 24 December, anybody got any trade today ?

I did not get any trade too. Anyway, very good year for me with the FD ...
Title: Re: Forex Diamond EA
Post by: forexfish on December 29, 2014, 05:00:26 PM


Last trade for me was on 24 December, anybody got any trade today ?

I did not get any trade too. Anyway, very good year for me with the FD ...

Thanks phoebus

My results are OK, may be I did not utilise well in terms of risk etc. but I hope I will have good results for 2015.
Title: Re: Forex Diamond EA
Post by: frederic on December 29, 2014, 09:25:27 PM
just got buy trade on the GBPUSD with profiforex cent account
Title: Re: Forex Diamond EA
Post by: Blackpearl on December 29, 2014, 09:27:24 PM
Gbpusd is oversold a buy or two should be right....
Title: Re: Forex Diamond EA
Post by: forexfish on December 29, 2014, 09:31:07 PM
Gbpusd is oversold a buy or two should be right....

Yes one buy trade at 1.5514.  I was thinking may be it will remain quite these days and resume  activity in January.
Title: Re: Forex Diamond EA
Post by: dusfx on December 30, 2014, 12:49:02 PM
Gbpusd is oversold a buy or two should be right....

Yes one buy trade at 1.5514.  I was thinking may be it will remain quite these days and resume  activity in January.

Yes, I get too this buy from the second strategy I guess. I really like how safe are the stop loss levels of this robot.
Title: Re: Forex Diamond EA
Post by: TradeNow on December 30, 2014, 06:15:01 PM
After analyzing the real trades from diamond i think its a good addition to wsfr on gbpusd and usdjpy.
Used the latest discount and diamond is up and running only on those two pairs.
Hope we will see more green pips on these pairs in 2015  :D

Title: Re: Forex Diamond EA
Post by: forexfish on December 30, 2014, 06:22:30 PM
After analyzing the real trades from diamond i think its a good addition to wsfr on gbpusd and usdjpy.
Used the latest discount and diamond is up and running only on those two pairs.
Hope we will see more green pips on these pairs in 2015  :D

Yes hope to have Green pips as well as cash back on trades as well.
Title: Re: Forex Diamond EA
Post by: corre971 on December 31, 2014, 08:45:07 AM
After analyzing the real trades from diamond i think its a good addition to wsfr on gbpusd and usdjpy.
Used the latest discount and diamond is up and running only on those two pairs.
Hope we will see more green pips on these pairs in 2015  :D
But for Forex Diamond you need tight spreads.I would not use it on Alpari market.
Title: Re: Forex Diamond EA
Post by: TradeNow on December 31, 2014, 10:15:50 AM
But for Forex Diamond you need tight spreads.I would not use it on Alpari market.

they are also using alpari account. we will see.... ;)
Title: Re: Forex Diamond EA
Post by: corre971 on December 31, 2014, 11:53:31 AM
But for Forex Diamond you need tight spreads.I would not use it on Alpari market.

they are also using alpari account. we will see.... ;)
I am not sure, but the Alpari NZ account they use has nice spreads. Anyway not sure. If is a Market account it will be nice. I will start to use FD also on a Armada and Thinkforex next week.
Title: Re: Forex Diamond EA
Post by: EFX on December 31, 2014, 12:30:14 PM
Hi all,

I just purchased FD a couple days ago and I'm trying to activate my demo account with FX Choice. I sent a support ticket to them asking what my account number is. Still waiting for a response.

Can someone please share with me what account number they are referring to? Thanks!  :)
Title: Re: Forex Diamond EA
Post by: Blackpearl on December 31, 2014, 01:42:59 PM
Hi all,

I just purchased FD a couple days ago and I'm trying to activate my demo account with FX Choice. I sent a support ticket to them asking what my account number is. Still waiting for a response.

Can someone please share with me what account number they are referring to? Thanks!  :)
You have to send your brokers account no to them, you will not have a separate FS account no or license key for the EA. Send your FX Choice acoount no. by email to them.
I was confused the same way when doing first steps in forex. ;)
Title: Re: Forex Diamond EA
Post by: EFX on December 31, 2014, 09:33:31 PM
Hi all,

I just purchased FD a couple days ago and I'm trying to activate my demo account with FX Choice. I sent a support ticket to them asking what my account number is. Still waiting for a response.

Can someone please share with me what account number they are referring to? Thanks!  :)
You have to send your brokers account no to them, you will not have a separate FS account no or license key for the EA. Send your FX Choice acoount no. by email to them.
I was confused the same way when doing first steps in forex. ;)

Thanks egghead. I appreciate your post.  :)  Actually, I've been studying Forex going on two years now with mixed results I might add. I woke-up this morning with an epiphany... "They mean your Forex broker account number dummy!"  :-[  I've been under some stress this Holiday season and not thinking too clearly.  ::)

I've been reading the FD user manual about all the settings. For now, I'm probably just going to keep things on default. I've read some of the posts, but not all of them yet. What I've gathered so far, is that folks are getting better results with the GU and UJ pairs, going with strategies 1 & 3 I believe, If my memory serves me correctly.

I will go through all of the posts. But if anyone has the ideal settings for FD, I would appreciate your input. Thanks!  :)
Title: Re: Forex Diamond EA
Post by: TradeNow on January 01, 2015, 11:29:23 AM
Thanks egghead. I appreciate your post.  :)  Actually, I've been studying Forex going on two years now with mixed results I might add. I woke-up this morning with an epiphany... "They mean your Forex broker account number dummy!"  :-[  I've been under some stress this Holiday season and not thinking too clearly.  ::)

I've been reading the FD user manual about all the settings. For now, I'm probably just going to keep things on default. I've read some of the posts, but not all of them yet. What I've gathered so far, is that folks are getting better results with the GU and UJ pairs, going with strategies 1 & 3 I believe, If my memory serves me correctly.

I will go through all of the posts. But if anyone has the ideal settings for FD, I would appreciate your input. Thanks!  :)

Welcome and a happy new year,

best way to see which pairs are profitable is to analyze the real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

If you analyze EURUSD only you will see that the ea made a loss of about 9%. Also USDCHF 9%.
Not worth to trade atm.

GBPUSD made 56% gain USDJPY 37% gain.

I am running both pairs on default settings with a low risk of 0,5 each.

best regards
Mark 

Title: Re: Forex Diamond EA
Post by: EFX on January 03, 2015, 06:03:34 AM
Thanks egghead. I appreciate your post.  :)  Actually, I've been studying Forex going on two years now with mixed results I might add. I woke-up this morning with an epiphany... "They mean your Forex broker account number dummy!"  :-[  I've been under some stress this Holiday season and not thinking too clearly.  ::)

I've been reading the FD user manual about all the settings. For now, I'm probably just going to keep things on default. I've read some of the posts, but not all of them yet. What I've gathered so far, is that folks are getting better results with the GU and UJ pairs, going with strategies 1 & 3 I believe, If my memory serves me correctly.

I will go through all of the posts. But if anyone has the ideal settings for FD, I would appreciate your input. Thanks!  :)

Welcome and a happy new year,

best way to see which pairs are profitable is to analyze the real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

If you analyze EURUSD only you will see that the ea made a loss of about 9%. Also USDCHF 9%.
Not worth to trade atm.

GBPUSD made 56% gain USDJPY 37% gain.

I am running both pairs on default settings with a low risk of 0,5 each.

best regards
Mark

Thanks for your post Mark, and Happy New Year to you all as well.  :)

I've been checking out the myfxbook on FD. Did that before I made my purchase. The monthly gains from Feb - Oct aren't very impressive. It looked like it pretty much broke even over an 8 month time frame. Not good! But that was with all the pairs combined.

Now the GU & UJ from Nov 20th through the end of Dec look good! But that is a very short amount of time to judge an EA over the long run. I'm hoping that they tweaked the EA to give better results. Only time will tell if this is true.

I'm not looking for unreasonable monthly returns of 50%-100%. But somewhere in the neighborhood of 20%-25%. Perhaps this is the reason why other members have advocated using multiple EA's, instead of just one.

As I mentioned previously, I've been involved with Forex going on two years now, but just started looking into EA's recently. I heard so many negative things about them which kept me from seriously considering them.

Now Mark, you mentioned the GU & UJ having 56% & 37% gains. The only history that I've noticed for those two pairs is from Nov 20th through Dec 31st. Are these the gains that you are referring to?

Also, you mentioned that you are running the GU & UJ on default settings at 0.5% risk. Would that be the ForexDiamondSimple_v4.2?

Wishing everyone a prosperous 2015!  :)




Title: Re: Forex Diamond EA
Post by: TradeNow on January 03, 2015, 03:16:45 PM
Thanks for your post Mark, and Happy New Year to you all as well.  :)

I've been checking out the myfxbook on FD. Did that before I made my purchase. The monthly gains from Feb - Oct aren't very impressive. It looked like it pretty much broke even over an 8 month time frame. Not good! But that was with all the pairs combined.

Now the GU & UJ from Nov 20th through the end of Dec look good! But that is a very short amount of time to judge an EA over the long run. I'm hoping that they tweaked the EA to give better results. Only time will tell if this is true.

I'm not looking for unreasonable monthly returns of 50%-100%. But somewhere in the neighborhood of 20%-25%. Perhaps this is the reason why other members have advocated using multiple EA's, instead of just one.

As I mentioned previously, I've been involved with Forex going on two years now, but just started looking into EA's recently. I heard so many negative things about them which kept me from seriously considering them.

Now Mark, you mentioned the GU & UJ having 56% & 37% gains. The only history that I've noticed for those two pairs is from Nov 20th through Dec 31st. Are these the gains that you are referring to?

Also, you mentioned that you are running the GU & UJ on default settings at 0.5% risk. Would that be the ForexDiamondSimple_v4.2?

Wishing everyone a prosperous 2015!  :)

Hi,

no i analyzed the whole timeframe since beginning. Custom analysis for gbpusd and for usdjpy. I attached three pictures for you. 37% is from usdjpy.
I am using not the simple version. Normal Diamond v4.2 with Automm=0.5

best regards
Mark
Title: Re: Forex Diamond EA
Post by: eurosmarter on January 03, 2015, 03:34:52 PM
Happy new year everyone!

Allow me to share with you my experience with this bot, I have a pretty good advice on how to use it properly in order to get the most out of it.

I have spent my entire year doing a huge research work about how to make any forex robot profitable (well, not just any robot, but one with a genuine strategy like this one). After investigating more than 100 robots and strategies in order to select the best 5 strategies as inputs for my AI project I discovered something very interesting about this bot.
With a properly set time filter this robot is one of the best available.

For my research I used the official vendor account located here:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

Since this is a scalper, I assumed that it won't work so good on other sessions than asian. My assumption was correct, most losses are during London session.

Official results

Profit: + 90%
Drawdown: 20%

But if you go to Custom Analysis and remove 08.00 - 19.00 from trading hours you get a whole different picture:

Profit: + 102%
Drawdown: 9.22%

Profit increases with 10% while drawdown drops at less than half just by adding a time filter.

You can check it out for yourself, and see my attached screenshots.

Title: Re: Forex Diamond EA
Post by: Anchorpoint on January 03, 2015, 03:55:16 PM
Happy new year everyone!

Allow me to share with you my experience with this bot, I have a pretty good advice on how to use it properly in order to get the most out of it.

I have spent my entire year doing a huge research work about how to make any forex robot profitable (well, not just any robot, but one with a genuine strategy like this one). After investigating more than 100 robots and strategies in order to select the best 5 strategies as inputs for my AI project I discovered something very interesting about this bot.
With a properly set time filter this robot is one of the best available.

For my research I used the official vendor account located here:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

Since this is a scalper, I assumed that it won't work so good on other sessions than asian. My assumption was correct, most losses are during London session.

Official results

Profit: + 90%
Drawdown: 20%

But if you go to Custom Analysis and remove 08.00 - 19.00 from trading hours you get a whole different picture:

Profit: + 102%
Drawdown: 9.22%

Profit increases with 10% while drawdown drops at less than half just by adding a time filter.

You can check it out for yourself, and see my attached screenshots.



Sorry your analysis is incorrect, doing a custom timing analysis you must mark analyse by open time, by doing that here is the result:

http://gyazo.com/8a1a5a4843c9df6e4f10acf6d6ae84e7 (http://gyazo.com/8a1a5a4843c9df6e4f10acf6d6ae84e7)

+ 72% and DD 19.6 % so in fact worse than the default setting
Title: Re: Forex Diamond EA
Post by: sam2014 on January 03, 2015, 03:58:53 PM
Happy new year everyone!

Allow me to share with you my experience with this bot, I have a pretty good advice on how to use it properly in order to get the most out of it.

I have spent my entire year doing a huge research work about how to make any forex robot profitable (well, not just any robot, but one with a genuine strategy like this one). After investigating more than 100 robots and strategies in order to select the best 5 strategies as inputs for my AI project I discovered something very interesting about this bot.
With a properly set time filter this robot is one of the best available.

For my research I used the official vendor account located here:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

Since this is a scalper, I assumed that it won't work so good on other sessions than asian. My assumption was correct, most losses are during London session.

Official results

Profit: + 90%
Drawdown: 20%

But if you go to Custom Analysis and remove 08.00 - 19.00 from trading hours you get a whole different picture:

Profit: + 102%
Drawdown: 9.22%

Profit increases with 10% while drawdown drops at less than half just by adding a time filter.

You can check it out for yourself, and see my attached screenshots.


there is something wrong with your analysis:
You have to select the open time option to analyze and not the closing time of orders!!!
The default option which is selected is the close time in myfxbook!!! change that to open time and you will see that you haven't come up with any useful info!!!
Title: Re: Forex Diamond EA
Post by: eurosmarter on January 03, 2015, 05:12:17 PM
Sorry, my bad, my memory is playing tricks on me, I found this a while ago, here is the right filter to apply:

1. Select Open time
2. Uncheck Monday (remove Monday from trading days)

and you will get the following results:

Profit: 104%
Drawdown: 13%

Much better then default.

Sorry for my previous mistake.
Title: Re: Forex Diamond EA
Post by: pipmenow on January 03, 2015, 06:40:59 PM
If you remove USDCHF from the equation things get even better.

Profit: 111%
Drawdown: 11%
Title: Re: Forex Diamond EA
Post by: EFX on January 04, 2015, 08:23:04 AM
Hi,

no i analyzed the whole timeframe since beginning. Custom analysis for gbpusd and for usdjpy. I attached three pictures for you. 37% is from usdjpy.
I am using not the simple version. Normal Diamond v4.2 with Automm=0.5

best regards
Mark
[/quote]

Thank you Mark for your post. So if I'm reading the myfxbook pics correctly, this EA is just producing 1.85% & 1.37% monthly gains since Feb 2013/Dec 2013?

Why even bother with an EA producing such low returns?

Best Regards,

Brian
Title: Re: Forex Diamond EA
Post by: FXJester on January 04, 2015, 11:55:19 AM

Try the following:-

1) No time filter. 
2) Select USDJPY and GBPUSD only. 
3) Select magic 10101 only (i.e. the scalping strategy). 

Title: Re: Forex Diamond EA
Post by: TradeNow on January 04, 2015, 12:04:16 PM

Try the following:-

1) No time filter. 
2) Select USDJPY and GBPUSD only. 
3) Select magic 10101 only (i.e. the scalping strategy).

This is a drop from 91.4% to 50.35%
Not good.....

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)
Title: Re: Forex Diamond EA
Post by: FXJester on January 04, 2015, 12:13:56 PM


Try it with the recovery=on account.

Title: Re: Forex Diamond EA
Post by: TradeNow on January 04, 2015, 04:57:55 PM


Try it with the recovery=on account.

Is there any REAL account with recovery on to analyze?
You should know that demo accounts are not worth to analyze except its a marty or grid style ea.

br
Mark
Title: Re: Forex Diamond EA
Post by: donbon2 on January 04, 2015, 09:28:38 PM
rather than do it manually every Monday myself - I just set mine to Monday 20 Start

also I have Friday Exit

running GBP + Yen only this Year .. will also disable over large news events.

It is not perfect but it makes money but you must be getting rebates per trade and have as narrow a spreads as you can get -- this does make alot of difference to profitability.

best of luck to us all in 2015
Title: Re: Forex Diamond EA
Post by: corre971 on January 06, 2015, 04:28:41 PM
I see a loss of 70 pips on UJ, but i did not had this. i use only S1 on UJ (and S1 and S3 on GU) Maybe was an S2 trade? Maybe on Thinkforex when switched to PRO will trade also EURUSD to get rebates
Now using it also on Tickmill with good entries thanks to tight spreads
Title: Re: Forex Diamond EA
Post by: mike4x on January 06, 2015, 04:32:21 PM
I'm a bit fed up with grids and Martingales at the moment so was considering either FXD or Wally.
Any recommendation Corre?
Title: Re: Forex Diamond EA
Post by: corre971 on January 06, 2015, 04:46:57 PM
I'm a bit fed up with grids and Martingales at the moment so was considering either FXD or Wally.
Any recommendation Corre?
Are good both. I use Wally with no intervention, onlu GU, UJ and EU. On FD i use GU S1 and S3, UJ only S1 and when will switch my Thinkforex to PRO will use also Eu all 3 signals to get rebates. On FD i switch off GU for important news (FED, BOE and NFP) Also i do not allow trades to be opened through the weekend and start to trade on monday some hours after the UK session start. If you make some manual interevntion FD is more profitable than Wally.But i suggest you to open an account with tight spreads and rebates (using now on Activtrades (no rebates), Thinkforex (good rebates) and Tickmill through Jon Pearce with discounted commissions) I am considering to buy other EAs which trades  a lot to get rebates (considering Polygon and Forex Real profit EA). With some decent balance you can get some thousand dollars from rebates every year. As broker i will maybe introduce also Fx Pig DMA (ultra tight spreads) or Icmarkets
Forex Diamond is perfect for rebates since trades a lot. But u must keep the mm value low because it oen multople trades and so when losses come can burn
Title: Re: Forex Diamond EA
Post by: 999cjb on January 06, 2015, 05:56:23 PM
I'm a bit fed up with grids and Martingales at the moment so was considering either FXD or Wally.
Any recommendation Corre?

Is this because you find them boring or losing  ???
Title: Re: Forex Diamond EA
Post by: mike4x on January 06, 2015, 06:01:35 PM
Losing.
Title: Re: Forex Diamond EA
Post by: 999cjb on January 06, 2015, 06:22:46 PM
Losing.

Perhaps you have just been unlucky. But "standard" TP/SL EAs lose as well.
Title: Re: Forex Diamond EA
Post by: corre971 on January 08, 2015, 10:45:08 AM
i have removed S2 and seems that really it avoid some losses. If you simply check on the vendor accounts and delete the S2 signals (202) and USDCHF, u will see a much better results, also with no manual intervention. I will switch my Tinkforex account to PRO next weeks and will start to use also EU, only S1 and S3 to get rebates.
Now using it on Activtrades, Thinkforex standard and Armada Exchange: at the moment i do not see much difference on Armada thanks to tight spreads. But i think in the middle - long term with FD spreads are important (rebates too)
Title: Re: Forex Diamond EA
Post by: 3mmm on January 08, 2015, 11:23:11 AM
My experience with FD on Activ similiar prices open/close as mention on myfxbook my 2cents ;)
Title: Re: Forex Diamond EA
Post by: forexfish on January 08, 2015, 12:24:12 PM
i have removed S2 and seems that really it avoid some losses. If you simply check on the vendor accounts and delete the S2 signals (202) and USDCHF, u will see a much better results, also with no manual intervention. I will switch my Tinkforex account to PRO next weeks and will start to use also EU, only S1 and S3 to get rebates.
Now using it on Activtrades, Thinkforex standard and Armada Exchange: at the moment i do not see much difference on Armada thanks to tight spreads. But i think in the middle - long term with FD spreads are important (rebates too)

I run all sets but reduce risk for S2 and USDCH, history might not repeat, dont know whichone perform better. I am pleased if it maintain my balance and give me monthly rebate.
Title: Re: Forex Diamond EA
Post by: forexfish on January 08, 2015, 02:03:10 PM
Losing.

I am not sure your approach. Do not place significant reliance on single EA. Spread capital into some good EAs and run at low or medium risk, see all my accounts are earning  :)
Title: Re: Forex Diamond EA
Post by: phoebus on January 08, 2015, 02:58:05 PM
It is true - the S2 strategy is risky, but it is the most profitable as well I think. I use all strategies and get recovered really fast from the nasty GBPUSD losses several days ago. I think that January will be good for the Diamond.
Title: Re: Forex Diamond EA
Post by: corre971 on January 08, 2015, 03:01:02 PM
Maybe Forexfish is right: if u get rebates, better to run all strategies also on EURUSD (maybe with S2 at lower risk). Maybe i will do in this way on the accounts where i have rebates
Title: Re: Forex Diamond EA
Post by: mike4x on January 08, 2015, 03:22:41 PM
Losing.

I am not sure your approach. Do not place significant reliance on single EA. Spread capital into some good EAs and run at low or medium risk, see all my accounts are earning  :)

I do have 4 EA's. I do run on low (vendor recommended) risk.
I was referring to Martingales when I said losing (Safe Profit).
Title: Re: Forex Diamond EA
Post by: donbon2 on January 09, 2015, 01:50:43 AM
I suppose it depends on each persons preference .. and that just because something has happened in the past does not mean it will continue to repeat in the Future.

but if you follow the suggestions

the DD drops from 20% to 6.5% and the return is about 119-120% over the term of their account.

they have a few accounts though so it maybe slightly different depending on which you use to test.
Title: Re: Forex Diamond EA
Post by: phoebus on January 10, 2015, 03:37:36 PM
Maybe Forexfish is right: if u get rebates, better to run all strategies also on EURUSD (maybe with S2 at lower risk). Maybe i will do in this way on the accounts where i have rebates

Core, please tell me more about this "rebates" thing! How much could you earn from this?
Title: Re: Forex Diamond EA
Post by: corre971 on January 10, 2015, 07:55:57 PM
Maybe Forexfish is right: if u get rebates, better to run all strategies also on EURUSD (maybe with S2 at lower risk). Maybe i will do in this way on the accounts where i have rebates

Core, please tell me more about this "rebates" thing! How much could you earn from this?
I am almost new on the rebate matter. Anyway, u open an account with some IB, and then you earn some dollars on every round turn lot u trade. So, for example, using Forex Diamond which trades a lot, u will earn some extra money. I will start to trade also Eursud to have larger rebates. U have to run High frequency EAs to increase the number of lots traded. I have introduced on Friday Polygon and will trade It on many accounts and next weeks (waiting to switch my Thinkforex standard account in Pro, also Forexrealprofit ea). Every ea which trades frequently is ok for this. I am also looking for some manual strategy to increase the volume
Title: Re: Forex Diamond EA
Post by: forexfish on January 10, 2015, 08:14:18 PM
Maybe Forexfish is right: if u get rebates, better to run all strategies also on EURUSD (maybe with S2 at lower risk). Maybe i will do in this way on the accounts where i have rebates

Core, please tell me more about this "rebates" thing! How much could you earn from this?
I am almost new on the rebate matter. Anyway, u open an account with some IB, and then you earn some dollars on every round turn lot u trade. So, for example, using Forex Diamond which trades a lot, u will earn some extra money. I will start to trade also Eursud to have larger rebates. U have to run High frequency EAs to increase the number of lots traded. I have introduced on Friday Polygon and will trade It on many accounts and next weeks (waiting to switch my Thinkforex standard account in Pro, also Forexrealprofit ea). Every ea which trades frequently is ok for this. I am also looking for some manual strategy to increase the volume

As Corre already explained well. Basically you need to open a broker through some IBs ( Introducing Brokers) who get commission ( rebate ) from broker and part of this amount IB pays back to its clients say broker pay $5 / lot to IBs and IB pay back $4 / lot to its clients as Cash Back / Rebates.  Any EA that generate lot of volume and maintain its balance or breakeven ( if no profit  ) is good.  FD, Forex Polygon, Forex Real Profit are good and then Yen Drive, Drive Gold are fine as well. We look forward more EAs like this which generate good volume but not lot incremental / Martingale EAs.

One important thing is broker should not add any mark up so it means in terms of spread you are indifferent if you open broker account directly / via an IB. If via an IB broker charge high spread then it may not be a viable deal.
Title: Re: Forex Diamond EA
Post by: phoebus on January 12, 2015, 06:06:36 PM
Thank you for the explanation Core and Forexfish. Anyway I am a little skeptical about this, because I know that the brokers do not give anything for free. If they give you 1 dollar they will still 2 dollars from you from the back door - they are full with tricks. So I believe in first place in the real pips gained from my system. Unfortunately 3 losses today from Forex Diamond in my favorite pair - the Yen, but we already saw haw fast this EA can recover ... I hope.
Title: Re: Forex Diamond EA
Post by: corre971 on January 12, 2015, 06:24:02 PM
Thank you for the explanation Core and Forexfish. Anyway I am a little skeptical about this, because I know that the brokers do not give anything for free. If they give you 1 dollar they will still 2 dollars from you from the back door - they are full with tricks. So I believe in first place in the real pips gained from my system. Unfortunately 3 losses today from Forex Diamond in my favorite pair - the Yen, but we already saw haw fast this EA can recover ... I hope.
[/quote
Rebates are At the end simply discounts on your trading costs.  nothing else change from ur trading conditions, only u save some money. Of course is fundamental that your EAs will earn money At the end of the year: no sense to generate rebates on a losing strategy. Of course no one know which strategy will earn next months, but the history of the trades can help us. unfortunatoey in trading there are no guarantes
Title: Re: Forex Diamond EA
Post by: TradeNow on January 12, 2015, 07:22:28 PM
Thank you for the explanation Core and Forexfish. Anyway I am a little skeptical about this, because I know that the brokers do not give anything for free. If they give you 1 dollar they will still 2 dollars from you from the back door - they are full with tricks. So I believe in first place in the real pips gained from my system. Unfortunately 3 losses today from Forex Diamond in my favorite pair - the Yen, but we already saw haw fast this EA can recover ... I hope.

Yes you should be skeptical.....I never met anyone here in donnaforex the last years who made a higher amount of money with cashback. But maybe its not too late for me?  ;)
Cashback is also a nogo for me except on the gambling cent accounts.

br
Mark
Title: Re: Forex Diamond EA
Post by: corre971 on January 12, 2015, 08:06:01 PM
Thank you for the explanation Core and Forexfish. Anyway I am a little skeptical about this, because I know that the brokers do not give anything for free. If they give you 1 dollar they will still 2 dollars from you from the back door - they are full with tricks. So I believe in first place in the real pips gained from my system. Unfortunately 3 losses today from Forex Diamond in my favorite pair - the Yen, but we already saw haw fast this EA can recover ... I hope.

Yes you should be skeptical.....I never met anyone here in donnaforex the last years who made a higher amount of money with cashback. But maybe its not too late for me?  ;)
Cashback is also a nogo for me except on the gambling cent accounts.

br
Mark
On ur Alpari account u can have 2.5 usd x each round turn lot. On a medium sizes account (3 k for example) by running Polygon and Forex Diamond and some other, u can easily reach 200 lots or more, and this is 500 usd. On Thinkforex u can have 3 usd on standard and 2 on Pro. U can have rebates on about 90 % of all brokers, including uk and Au regulated. I also don't  think that rebate should be the main reason for trading, but If we can have same trading conditions and At the end of the year some 1000 usd more, Why not?
Title: Re: Forex Diamond EA
Post by: sam2014 on January 15, 2015, 07:41:01 PM
I want to publish my forex diamond results to myfxbook, but the problem is when I connect my account and I use filters to filter only trades of one pair, the monthly charts that shows the gained $ and gained pips does not update itself when I use the custom filter of myfxbook, what is going wrong?

anyone does have any solution?
Title: Re: Forex Diamond EA
Post by: sam2014 on January 15, 2015, 08:11:19 PM
I want to publish my forex diamond results to myfxbook, but the problem is when I connect my account and I use filters to filter only trades of one pair, the monthly charts that shows the gained $ and gained pips does not update itself when I use the custom filter of myfxbook, what is going wrong?

anyone does have any solution?

the problem is that myfxbook has a bug and only shows correctly the monthly charts for the current year but for the other years like 2014 it calculates all the pairs in that account! (all pairs pips gained but for 2015 it shows just the selected pair's pips gained if you select the pips) check it yourself you will understand me!!!
Title: Re: Forex Diamond EA
Post by: forexfish on January 15, 2015, 08:37:59 PM
I want to publish my forex diamond results to myfxbook, but the problem is when I connect my account and I use filters to filter only trades of one pair, the monthly charts that shows the gained $ and gained pips does not update itself when I use the custom filter of myfxbook, what is going wrong?

anyone does have any solution?

the problem is that myfxbook has a bug and only shows correctly the monthly charts for the current year but for the other years like 2014 it calculates all the pairs in that account! (all pairs pips gained but for 2015 it shows just the selected pair's pips gained if you select the pips) check it yourself you will understand me!!!

Why don't you publish and some myfxbook experience members may able to help you.
Title: Re: Forex Diamond EA
Post by: sam2014 on January 16, 2015, 08:08:07 AM
I want to publish my forex diamond results to myfxbook, but the problem is when I connect my account and I use filters to filter only trades of one pair, the monthly charts that shows the gained $ and gained pips does not update itself when I use the custom filter of myfxbook, what is going wrong?

anyone does have any solution?

the problem is that myfxbook has a bug and only shows correctly the monthly charts for the current year but for the other years like 2014 it calculates all the pairs in that account! (all pairs pips gained but for 2015 it shows just the selected pair's pips gained if you select the pips) check it yourself you will understand me!!!

Why don't you publish and some myfxbook experience members may able to help you.


you can simply test it with:

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
Title: Re: Forex Diamond EA
Post by: phoebus on January 16, 2015, 08:45:49 AM
Guys, what a brutal action the last 24. +320 pips for me. I have experience with a lot of EAs, but nothing close to this. Real pleasure to watch it...
Title: Re: Forex Diamond EA
Post by: corre971 on January 16, 2015, 08:48:09 AM
Forex Diamond and Wally are the only good performer on January 2015. Fd had an incredible run. All other Eas lost a lot
Title: Re: Forex Diamond EA
Post by: 999cjb on January 16, 2015, 09:15:11 AM
Forex Diamond and Wally are the only good performer on January 2015. Fd had an incredible run. All other Eas lost a lot

That is rather a sweeping statement. I can name at least 3 other vendors whose EAs have gained a lot. Modesty prohibits me from supplying details  ;)
Title: Re: Forex Diamond EA
Post by: phoebus on January 16, 2015, 09:27:34 AM
Forex Diamond and Wally are the only good performer on January 2015. Fd had an incredible run. All other Eas lost a lot

That is rather a sweeping statement. I can name at least 3 other vendors whose EAs have gained a lot. Modesty prohibits me from supplying details  ;)

Please, let us know! This will be very helpful information. But please just do not give some grid-martingale killers  ;)
Title: Re: Forex Diamond EA
Post by: corre971 on January 16, 2015, 09:52:15 AM
Forex Diamond and Wally are the only good performer on January 2015. Fd had an incredible run. All other Eas lost a lot

That is rather a sweeping statement. I can name at least 3 other vendors whose EAs have gained a lot. Modesty prohibits me from supplying details  ;)

Please, let us know! This will be very helpful information. But please just do not give some grid-martingale killers  ;)
Of course i was not referring to the whole EA industry, but to the EA i am currently using. I also forget to mention other 2 EAs which are currently generating profits and will not mention them to go OT. But for sure Forex diamond can be considered the best performer in january. Tight spreads helps a lot with the overall performance. I use it on Activtrades (good spreads and no commission), Thinkforex standard (acceptable spreads and no commissions) and Tickmill (raw spreads and low commissions). Of course the much better results are on Tickmill, followed by Activtrades. Thinkforex standard get less pips and closes trades later, but is generating a lot of rebates.
Title: Re: Forex Diamond EA
Post by: corre971 on January 16, 2015, 10:08:55 AM
Forex Diamond and Wally are the only good performer on January 2015. Fd had an incredible run. All other Eas lost a lot

That is rather a sweeping statement. I can name at least 3 other vendors whose EAs have gained a lot. Modesty prohibits me from supplying details  ;)
Yes Chris, i see that your EAs are working great. I can say it since i am not the vendor and my compliments for your great work
Title: Re: Forex Diamond EA
Post by: phoebus on January 18, 2015, 05:50:21 PM
I am really glad that the Wally and Diamond are not trading nothing with CHF. What a mess! All these politicians must be completely insane. I am real lucky, because a day before my finger was on the buy button for 2 lots EURCHF close to the 1.2 level, but I just drooped it without some reason ... may be a hunch ... I don't really know, but this saved my account. I hope that you guys are a live after this brutal slaughter.
Title: Re: Forex Diamond EA
Post by: corre971 on January 18, 2015, 06:34:27 PM
No one single trade on che pairs also for me. But the storm is still here and also on EU pairs
Title: Re: Forex Diamond EA
Post by: donbon2 on January 19, 2015, 07:35:25 AM
I feel like in some ways I deserve to be criticised for some of my reviews of EA's -- because in January some of them have done really poorly

FX Monetizer + Fx Safe  ... so I guess I have to suck it up like everyone else here

but some of my other suggestions have performed alot better

Diamond / WSR / PowerFlow

I actually bought 3 new licenses for some new accounts today of Forex Diamond.... as it offers something many of the other EA"s don't ... protection ... it simply won't blow your account on its own ... + if you combine it with some Rebates it really can add some equity to your accounts.

Anyway let us see how the rest of January goes .. BOL
Title: Re: Forex Diamond EA
Post by: corre971 on January 19, 2015, 07:59:50 AM
I feel like in some ways I deserve to be criticised for some of my reviews of EA's -- because in January some of them have done really poorly

FX Monetizer + Fx Safe  ... so I guess I have to suck it up like everyone else here

but some of my other suggestions have performed alot better

Diamond / WSR / PowerFlow

I actually bought 3 new licenses for some new accounts today of Forex Diamond.... as it offers something many of the other EA"s don't ... protection ... it simply won't blow your account on its own ... + if you combine it with some Rebates it really can add some equity to your accounts.

Anyway let us see how the rest of January goes .. BOL
Don, the same here. Anyway everyone is responsible of his trading decisions and noone of use can know which pattern will form the market next. For sure we were not interested in some way, since we are not vendors - affiliate

Speaking of F Diamond it turned to be the best peformrmer. Is a very good idea to have more licenses (i have 3). 2 things are fundamental on F Diamond:
1) Rebates (u can have very good return from these)
2) Tight spreads: i am using FD on Activtrades (good spreads and no commissions - Thinkforex standard medium - high spreads - Tickmill: raw spredas and tigh commissions): comparing results between Thinkforex Standard and Tickmill, i have on the last one 40% performance better (non only on FD, also on Polygon). This is not a comparison between brokers because comparing Thinkforex standard and Tickmill is like comparing apple to oranges. Most probably i will switch my Thinkforex account to PRO, which has very tight spreads (maybe also better than Tickmill)

Spreads and rebates are fundamental (rebates maybe also more than spreads)

Trade "safe" (if is possible to trade "safe"
Title: Re: Forex Diamond EA
Post by: aheart on January 27, 2015, 02:11:13 AM
Seems like eurusd not a great pair to trade , several losses in a row. Can I know what strategy is that for the loss? Thanks
Title: Re: Forex Diamond EA
Post by: corre971 on January 27, 2015, 09:28:53 AM
Last losses on EURUSD came from all 3 strategies. I have 3 licenses and on 2 accounts i run only USDJPY and GBPUSD signal 1 only (so i have less trades, less DD but also the potential profit is lower). On 1 account i run also EURUSD and all 3 strategies on all 3 pairs.
Is a matter of choice what to run. The important is to not use too high MM values
Title: Re: Forex Diamond EA
Post by: TradeNow on January 27, 2015, 10:13:34 AM
@corre971
I am also running gbpusd and usdjpy S1 only. If you analyze the live data we have nothing else makes any sense.  :D
Title: Re: Forex Diamond EA
Post by: corre971 on January 27, 2015, 02:16:12 PM
@corre971
I am also running gbpusd and usdjpy S1 only. If you analyze the live data we have nothing else makes any sense.  :D
I am running all the strategies on my small Thinkforex standard account wich now is in DD because of many sl hits by several different eas. Anyway i think it will recover and anyway i am evaluating what to do: maybe will close it or will add more money and switch it to a PRO account. Anyway will take this decision at the end of February, but most probably will fund it more. UJ and GU S1 only is the safer option
Title: Re: Forex Diamond EA
Post by: corre971 on January 28, 2015, 07:58:25 AM
OK, this night all winning trades on FD (i see a loss on GBPUSD on the vendor account but i have the same number of trades but all in gain). I will continue to run all 3 pairs with all 3 strategies on Thinkforex and will do the same from next week on another account. From my calculations on the small Thinkforex account i am earning on rebates about 8% monthly and other eas will be added. So now my objective is to have on some risky accounts 100% rebates. Will be possible? only time will tell. For sure DD will be high but i can refund the accounts. All the Eas used have in place stop losses (except for DG) and so a MC is almost impossible
Title: Re: Forex Diamond EA
Post by: corre971 on January 28, 2015, 08:06:08 AM
@corre971
I am also running gbpusd and usdjpy S1 only. If you analyze the live data we have nothing else makes any sense.  :D
Mark, which eas are u running on ur Hotforex account (if it is not a secret)
Title: Re: Forex Diamond EA
Post by: Blackpearl on January 28, 2015, 08:17:09 AM
I changed to GBPUSD, USDJPY S1 Signal only due to the magics analysis on myfxbook as described in posting before, switched of S2 and S3 completely
Title: Re: Forex Diamond EA
Post by: TradeNow on January 28, 2015, 09:20:42 AM
@corre971
I am also running gbpusd and usdjpy S1 only. If you analyze the live data we have nothing else makes any sense.  :D
Mark, which eas are u running on ur Hotforex account (if it is not a secret)

no its not a secret and i can open the magic analysis for you.
Running right now:
FxMonetizer
Diamond S1 only on GBPUSD & USDJPY
Wally default GBPUSD EURUSD USDJPY
RevTrader Pro - now lifetime licence  :D
Megadroid
Iprofit
TurbitFX
RayScalper
Cabex

those are my favourites right now. I added the comments in magic analysis to make it easier  :D
Title: Re: Forex Diamond EA
Post by: corre971 on January 28, 2015, 09:23:15 AM
@corre971
I am also running gbpusd and usdjpy S1 only. If you analyze the live data we have nothing else makes any sense.  :D
Mark, which eas are u running on ur Hotforex account (if it is not a secret)

no its not a secret and i can open the magic analysis for you.
Running right now:
FxMonetizer
Diamond S1 only on GBPUSD & USDJPY
Wally default GBPUSD EURUSD USDJPY
RevTrader Pro - now lifetime licence  :D
Megadroid
Iprofit
TurbitFX
RayScalper
Cabex

those are my favourites right now. I added the comments in magic analysis to make it easier  :D
Many thanks Mark. I think will add Iprofit ea to my portfolio
Title: Re: Forex Diamond EA
Post by: TradeNow on January 28, 2015, 09:26:33 AM
@corre

i hope iprofit will do better now.... :D
We will see which eas will stay on my account  :D
Title: Re: Forex Diamond EA
Post by: donbon2 on January 31, 2015, 09:29:05 PM
I'm running this on PepperStone + Profiforex ECN + Hot Forex No Spread

Pepperstone + Profiforex ECN are neck and neck   .....   Hot Forex No Spread Execution isn't as good as the other 2.
Title: Re: Forex Diamond EA
Post by: corre971 on February 01, 2015, 09:38:57 AM
@ Tradenow and Donbon 2 how are the spreads of the Hotforex no spread accunt compared to other ECN: Pepperstone, IC markets, Axi, GB (of course compared to the brokers where u have accounts)?
At the end Hotforex seems not a so bad idea
Title: Re: Forex Diamond EA
Post by: donbon2 on February 01, 2015, 10:30:45 PM
The spreads are the same as Profiforex ECN -- Pepperstone has slightly narrower spreads than both of them

but in execution prices Hot Forex is not as great as the other 2.
Title: Re: Forex Diamond EA
Post by: corre971 on February 02, 2015, 08:15:02 AM
The spreads are the same as Profiforex ECN -- Pepperstone has slightly narrower spreads than both of them

but in execution prices Hot Forex is not as great as the other 2.
So this new HF account is nothing special and for scalpers should not be the first choice
Title: Re: Forex Diamond EA
Post by: zanzistor on February 03, 2015, 09:01:59 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Title: Re: Forex Diamond EA
Post by: corre971 on February 03, 2015, 09:13:05 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.
Title: Re: Forex Diamond EA
Post by: forexfish on February 03, 2015, 09:42:26 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
Title: Re: Forex Diamond EA
Post by: corre971 on February 03, 2015, 10:30:46 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
I am using FD from more than 1 year now and i can say that fortunately is not feed dependent: also on different brokers will trigger 99% the same trades. But the final result, since is a scalper will be strongly influenced by spreads. So in my opinioni for FD the only think important is the spread: the lower the spread the better the results. Think forex standard account spreads are not so good so i would stay on Hf. But if u use FD on some account with raw spreads (Ic Market,  Fx Pig, Think Pro etc, Tickmill (but on GBPUSD spreads are higher)) after some thousanf trades u will have many hundred pips more
Title: Re: Forex Diamond EA
Post by: forexfish on February 03, 2015, 11:09:27 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
I am using FD from more than 1 year now and i can say that fortunately is not feed dependent: also on different brokers will trigger 99% the same trades. But the final result, since is a scalper will be strongly influenced by spreads. So in my opinioni for FD the only think important is the spread: the lower the spread the better the results. Think forex standard account spreads are not so good so i would stay on Hf. But if u use FD on some account with raw spreads (Ic Market,  Fx Pig, Think Pro etc, Tickmill (but on GBPUSD spreads are higher)) after some thousanf trades u will have many hundred pips more

Thx corre

How you compare FD at HF standard account +rebate 5.5/lot v Think forex pro performance with little rebate, net results ?
Title: Re: Forex Diamond EA
Post by: corre971 on February 03, 2015, 11:20:18 AM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
I am using FD from more than 1 year now and i can say that fortunately is not feed dependent: also on different brokers will trigger 99% the same trades. But the final result, since is a scalper will be strongly influenced by spreads. So in my opinioni for FD the only think important is the spread: the lower the spread the better the results. Think forex standard account spreads are not so good so i would stay on Hf. But if u use FD on some account with raw spreads (Ic Market,  Fx Pig, Think Pro etc, Tickmill (but on GBPUSD spreads are higher)) after some thousanf trades u will have many hundred pips more

Thx corre

How you compare FD at HF standard account +rebate 5.5/lot v Think forex pro performance with little rebate, net results ?
The pips you lose on accounts with higher spreads will be much more for sure than the rebates you can earn. I think comparing an ipotetical trading activity on a Thinkforex standard and Thinkforex PRO, you will lose on each trading something like 0,4 pips. On thousand trades will also happens time by time that some trades on the higher spreads account will go at sl while will close at gain on the raw spread account. I do not nhave a Thinkforex Pro account, but thinking to switch my standard to PRo, and anyway this discussion is of course valid for each raw spread broker of our choice, it can every with low spreads. Both Thinkforex standard and Hotforex has acceptable spreads but for sure not so good for scalpers. FD places 2000 trades and more x year, so consider the higher gain u can have on raw spreads broker.
Title: Re: Forex Diamond EA
Post by: forexfish on February 03, 2015, 12:47:18 PM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
I am using FD from more than 1 year now and i can say that fortunately is not feed dependent: also on different brokers will trigger 99% the same trades. But the final result, since is a scalper will be strongly influenced by spreads. So in my opinioni for FD the only think important is the spread: the lower the spread the better the results. Think forex standard account spreads are not so good so i would stay on Hf. But if u use FD on some account with raw spreads (Ic Market,  Fx Pig, Think Pro etc, Tickmill (but on GBPUSD spreads are higher)) after some thousanf trades u will have many hundred pips more

Thx corre

How you compare FD at HF standard account +rebate 5.5/lot v Think forex pro performance with little rebate, net results ?
The pips you lose on accounts with higher spreads will be much more for sure than the rebates you can earn. I think comparing an ipotetical trading activity on a Thinkforex standard and Thinkforex PRO, you will lose on each trading something like 0,4 pips. On thousand trades will also happens time by time that some trades on the higher spreads account will go at sl while will close at gain on the raw spread account. I do not nhave a Thinkforex Pro account, but thinking to switch my standard to PRo, and anyway this discussion is of course valid for each raw spread broker of our choice, it can every with low spreads. Both Thinkforex standard and Hotforex has acceptable spreads but for sure not so good for scalpers. FD places 2000 trades and more x year, so consider the higher gain u can have on raw spreads broker.

Thanks corre
Title: Re: Forex Diamond EA
Post by: corre971 on February 03, 2015, 02:08:10 PM
Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Support is good from Hotforex. But the feed seems to be few slower than other: trades are opened and closed few later.

Corre - You are running with more than one broker so you can tell how FD run at Hot Forex and TF. Which one is better in terms of execution /profitability ?  Is there a material difference ?  I would not bother to move back from HF to TF is difference is not significant.
I am using FD from more than 1 year now and i can say that fortunately is not feed dependent: also on different brokers will trigger 99% the same trades. But the final result, since is a scalper will be strongly influenced by spreads. So in my opinioni for FD the only think important is the spread: the lower the spread the better the results. Think forex standard account spreads are not so good so i would stay on Hf. But if u use FD on some account with raw spreads (Ic Market,  Fx Pig, Think Pro etc, Tickmill (but on GBPUSD spreads are higher)) after some thousanf trades u will have many hundred pips more

Thx corre

How you compare FD at HF standard account +rebate 5.5/lot v Think forex pro performance with little rebate, net results ?
The pips you lose on accounts with higher spreads will be much more for sure than the rebates you can earn. I think comparing an ipotetical trading activity on a Thinkforex standard and Thinkforex PRO, you will lose on each trading something like 0,4 pips. On thousand trades will also happens time by time that some trades on the higher spreads account will go at sl while will close at gain on the raw spread account. I do not nhave a Thinkforex Pro account, but thinking to switch my standard to PRo, and anyway this discussion is of course valid for each raw spread broker of our choice, it can every with low spreads. Both Thinkforex standard and Hotforex has acceptable spreads but for sure not so good for scalpers. FD places 2000 trades and more x year, so consider the higher gain u can have on raw spreads broker.

Thanks corre
Of course the ideal would be to use a broker with tight spreads, low commissions and acceptable rebate rate, but is not easy to keep the bottle of wine full and the wife drunk at the same time  :o

Anyway some decent combination of these elements does exist. Imo the better choice on these are Thinkforex PRO and IC Markets, but i do not like AU brokers for their particular rules about funding and withdrawals, so i use them only for very small accounts. On these tyoe of accounts u can also run some night scaleors which trades a lot increasing the gains from rebates (u cannot do it with Thinkforex standard or Hotforex currenex, because u will lose a lot of money on such scalper on these accounts). I have opened a thread exactly for these discussions, but there most users were going OT, so now i am doing the same
Title: Re: Forex Diamond EA
Post by: odysseus11 on February 04, 2015, 03:37:39 AM
Synergy FX provides support in over 5 languages, including chinese.
Plus they are ASIC regulated. Jus sayin'

Hotforex new account could be not more suitable than pepperstone or other brokers....
I like hotforex a lot..
Why?
Cause is one of the only broker in the world that is able to support in more than 5 languages, by mail and by live chat (not always)
This is the reason that my IB would be under Hotforex....
Cause unfortunately, not everyone is able to speak english... and write english...
Hotforex give us superior support....
Someone about the feed for forex diamond with hotforex, i think it will take "less" trades...
These are my pro and less....
Title: Re: Forex Diamond EA
Post by: phoebus on February 24, 2015, 08:47:28 AM
Diamond EA performs very good this month - almost 500 pips profit, most of it in the USDJPY. About 100 pips loss in GBPUSD and the same but profit in EURUSD. This robot made me nearly 3000 pips since I purchased it a year ago and this is more then ten times the money I paid for it. The Wally guys really know how to make good EAs. Since the Growthbot  almost destroyed my primary account I am in the green zone again thanks to Wally and Diamond EA - the best spend money in my live.
Title: Re: Forex Diamond EA
Post by: corre971 on February 24, 2015, 08:51:03 AM
Diamond EA performs very good this month - almost 500 pips profit, most of it in the USDJPY. About 100 pips loss in GBPUSD and the same but profit in EURUSD. This robot made me nearly 3000 pips since I purchased it a year ago and this is more then ten times the money I paid for it. The Wally guys really know how to make good EAs. Since the Growthbot  almost destroyed my primary account I am in the green zone again thanks to Wally and Diamond EA - the best spend money in my live.
Yes, FD is showing to be a very solid (one of the few) scalpers; good performance also on EURUSD (i have started to trade EURUSD also on 2 accounts)
Also FD is able to deliver very nice rebates. Some months ago i saw in the Myfxbook discussion on FD that some guys decided to reverse Fd trades: if they did it they have lost all the account. Traders always do the same mistake: after a DD period stop to use an EA so they miss the recovery and all the profits
Title: Re: Forex Diamond EA
Post by: forexfish on February 24, 2015, 09:30:00 AM
Diamond EA performs very good this month - almost 500 pips profit, most of it in the USDJPY. About 100 pips loss in GBPUSD and the same but profit in EURUSD. This robot made me nearly 3000 pips since I purchased it a year ago and this is more then ten times the money I paid for it. The Wally guys really know how to make good EAs. Since the Growthbot  almost destroyed my primary account I am in the green zone again thanks to Wally and Diamond EA - the best spend money in my live.
Yes, FD is showing to be a very solid (one of the few) scalpers; good performance also on EURUSD (i have started to trade EURUSD also on 2 accounts)
Also FD is able to deliver very nice rebates. Some months ago i saw in the Myfxbook discussion on FD that some guys decided to reverse Fd trades: if they did it they have lost all the account. Traders always do the same mistake: after a DD period stop to use an EA so they miss the recovery and all the profits

I run FD with higher lot size than vendor. Run all pairs recovery ON. Sometime avle to close trades on friday before market close. I run at 7k account. I calculated my gain for last 3 months it was 1k approx and 36 lots so it is great.  :)
Title: Re: Forex Diamond EA
Post by: donbon2 on February 24, 2015, 09:30:55 AM
I started with the 1 Licence and bought 3 more

... definately agree with your comments.
Title: Re: Forex Diamond EA
Post by: TradeNow on February 24, 2015, 09:36:48 AM
Diamond EA performs very good this month - almost 500 pips profit, most of it in the USDJPY. About 100 pips loss in GBPUSD and the same but profit in EURUSD. This robot made me nearly 3000 pips since I purchased it a year ago and this is more then ten times the money I paid for it. The Wally guys really know how to make good EAs. Since the Growthbot  almost destroyed my primary account I am in the green zone again thanks to Wally and Diamond EA - the best spend money in my live.

I am running usdjpy only now after analyzing this account:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

eurusd is still in red over time. usdjpy was best performer. second gbpusd. hmmm.....
but nobody knows what the future will bring. maybe its better to run the three pairs with low risk.

best regards
Mark
Title: Re: Forex Diamond EA
Post by: forexfish on February 24, 2015, 10:00:57 AM
I started with the 1 Licence and bought 3 more

... definately agree with your comments.

Yeap I do have 1 license but thinking to buy 1-2 more.
Title: Re: Forex Diamond EA
Post by: TradeNow on February 24, 2015, 11:38:36 AM
With the three pairs eursusd gbpusd usdjpy recovery on or not?  :D
Title: Re: Forex Diamond EA
Post by: corre971 on February 24, 2015, 12:09:59 PM
With the three pairs eursusd gbpusd usdjpy recovery on or not?  :D
I use a softer recovery mode: for example automm=1 Autommmax=1.5; but u can also use an higher value for autommmax, for example 2. On my bigger account i am running only SDJPY and GBPUSD signal 1 but frm the beginning of the year i am at BE u can never know which pair or strategy will perform betetr in the short term, so better to run all 3 strategy on all 3 pairs: i will switch my 3rd license from Activtrades to IC markets and there will run all 3 pairs  and all 3 strategy as on Hotforex and Thinkforex (at the moment HF is showing better resukts than Thinkforex stadard and ahs also much higher rebates, so am considering to increase the balance)
Title: Re: Forex Diamond EA
Post by: TradeNow on February 24, 2015, 01:28:57 PM
With the three pairs eursusd gbpusd usdjpy recovery on or not?  :D
I use a softer recovery mode: for example automm=1 Autommmax=1.5; but u can also use an higher value for autommmax, for example 2. On my bigger account i am running only SDJPY and GBPUSD signal 1 but frm the beginning of the year i am at BE u can never know which pair or strategy will perform betetr in the short term, so better to run all 3 strategy on all 3 pairs: i will switch my 3rd license from Activtrades to IC markets and there will run all 3 pairs  and all 3 strategy as on Hotforex and Thinkforex (at the moment HF is showing better resukts than Thinkforex stadard and ahs also much higher rebates, so am considering to increase the balance)

Thanks for the info Carmine,

i am running now all three pairs with risk 1. Will think about the recovery thing and do some research on the web to pickup additional data for my analysis.

Br
Mark
Title: Re: Forex Diamond EA
Post by: andersonjeremy13 on February 27, 2015, 03:13:00 PM
Another great day for the Diamond EA. I am disabling all my EAs until Monday. As well can someone suggest me some good breakout EA, because the scalpers are scalpers and it would be nice for me to get some big moves too?
Title: Re: Forex Diamond EA
Post by: corre971 on February 27, 2015, 03:19:12 PM
Another great day for the Diamond EA. I am disabling all my EAs until Monday. As well can someone suggest me some good breakout EA, because the scalpers are scalpers and it would be nice for me to get some big moves too?
I would go for Monetizer. Had some bad periods last weeks but seems still OK. Forex Growth Bot had an incredible recovery last 10 months but imo seems too dangerous. I do not use it so cannot know if there is the possibility to change the settings and so to reduce the overall risk. In alternative to Monetizer you could consider Keltner PRO: i do not use it but seems a good EA (i suggest you to read the whole thread here).
Title: Re: Forex Diamond EA
Post by: odysseus11 on February 27, 2015, 11:36:40 PM
Its really interesting to observe the performance of EAs like growth bot and compare to other EAs, my own admittedly anecdotal conclusion is that the crash of growthbot-style EAs really tracked the plummeting volatility in forex in general, and in the last 6-8 months that volatility has come ROARING back (and seemingly so has the performance of EAs that depend on it for gains).

I also like keltnerPro, have been running on demo, pretty solid performance.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on March 09, 2015, 02:55:04 PM
UC pair seems to be doing better now after de-pegging from Euro. Maybe time to consider adding that pair again? Running UC on demo and will keep watching for some more time before making further conclusions.
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 03:30:04 PM
Look at how is reduced the DD and increased the overal profit by simply avoiding trading on sunday / monday. Is exactly like this i will use FD and on all 3 pairs all 3 strategies

The account considered is the demo with recovery ON
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 04:34:24 PM
Look at how is reduced the DD and increased the overal profit by simply avoiding trading on sunday / monday. Is exactly like this i will use FD and on all 3 pairs all 3 strategies

The account considered is the demo with recovery ON

Hi Carmine,

thats very interesting. I did it with the only real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

Attached are the difference.
What number did you set in mondaystart?

br
Mark
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 04:36:43 PM
Look at how is reduced the DD and increased the overal profit by simply avoiding trading on sunday / monday. Is exactly like this i will use FD and on all 3 pairs all 3 strategies

The account considered is the demo with recovery ON

Hi Carmine,

thats very interesting. I did it with the only real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

Attached are the difference.
What number did you set in mondaystart?

br
Mark
I have completely excluded trading in monday. So simply uncheck sunday and monday and select open time. So we should enable FD to trade from midnight on monday night
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 04:40:48 PM
I have completely excluded trading in monday. So simply uncheck sunday and monday and select open time. So we should enable FD to trade from midnight on monday night

yes i know on myfxbook but mondaystart on fd is one number to enter and if i understand it correct from manual its adding on those hours. Market is opening Sunday 23:00 local time here so i would set it to 25.

Title: Re: Forex Diamond EA
Post by: forexfish on March 09, 2015, 04:41:52 PM
Look at how is reduced the DD and increased the overal profit by simply avoiding trading on sunday / monday. Is exactly like this i will use FD and on all 3 pairs all 3 strategies

The account considered is the demo with recovery ON

Hi Carmine,

thats very interesting. I did it with the only real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

Attached are the difference.
What number did you set in mondaystart?

br
Mark
I have completely excluded trading in monday. So simply uncheck sunday and monday and select open time. So we should enable FD to trade from midnight on monday night

Thanks corre / tradenow for the hard work. To have high success ratio it is good to avoid FD in Australian session on Monday.
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 04:43:56 PM
Look at how is reduced the DD and increased the overal profit by simply avoiding trading on sunday / monday. Is exactly like this i will use FD and on all 3 pairs all 3 strategies

The account considered is the demo with recovery ON

Hi Carmine,

thats very interesting. I did it with the only real account from vendor:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-all/774078)

Attached are the difference.
What number did you set in mondaystart?

br
Mark
I have completely excluded trading in monday. So simply uncheck sunday and monday and select open time. So we should enable FD to trade from midnight on monday night

Thanks corre / teadenow for the hard work. To have high success ratio it is goo to avoid FD in Australian session on Monday.
Seems to be betetr to avoid all monday time and to activate at midnight between monday and tuesday
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 04:47:57 PM
so 25 is correct?
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 04:54:52 PM
so 25 is correct?
waht u mean for 25?
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 05:02:03 PM
so 25 is correct?
waht u mean for 25?

the number to set in fd for monday start

Quote
MondayStartHour - Forex Diamond will open positions after this hour on Mondays.
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 05:05:01 PM
hmmm....if it is in 24h and not adding only hours 24 should be correct
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 05:08:15 PM
hmmm....if it is in 24h and not adding only hours 24 should be correct
I have simply unchecked sunday and minday so i suppose to have the results i have posted we have to avoid al the 24 hours of monday. DD reduces significantly and profit increases also. The equity curve looks so nice
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 05:16:41 PM
I have simply unchecked sunday and minday so i suppose to have the results i have posted we have to avoid al the 24 hours of monday. DD reduces significantly and profit increases also. The equity curve looks so nice

where did you uncheck sunday and monday? on myfxbook?
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 05:19:18 PM
I have simply unchecked sunday and minday so i suppose to have the results i have posted we have to avoid al the 24 hours of monday. DD reduces significantly and profit increases also. The equity curve looks so nice

where did you uncheck sunday and monday? on myfxbook?
Yes, see the attached pic  ;)
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 05:22:46 PM
Yes, see the attached pic  ;)

ok i also did that and now that we are talking about the same:
HOW CAN WE SET DIAMOND TO START TRADING ON TUESDAY 

25 or 24 in settings?  :)

AND DONT SAY YOU UNCHECKED SUNDAY AND MONDAY...HAHA
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 06:17:14 PM
Yes, see the attached pic  ;)

ok i also did that and now that we are talking about the same:
HOW CAN WE SET DIAMOND TO START TRADING ON TUESDAY 

25 or 24 in settings?  :)

AND DONT SAY YOU UNCHECKED SUNDAY AND MONDAY...HAHA
Ok, now i understand. Honestly don't know, will check. For the moment will do it manualy
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 06:18:09 PM
Did a quick bt. 24 should do the job.
Title: Re: Forex Diamond EA
Post by: corre971 on March 09, 2015, 06:28:27 PM
Did a quick bt. 24 should do the job.
i have selected 23
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 06:38:28 PM
Did a quick bt. 24 should do the job.
i have selected 23

hmmmm.....maybe its better to select london open on monday. Unfortuanetly we can not check that in myfxbook only backtests would do the job. But i think this was discussed before in the thread here.
London open should be 9 in settings.
Title: Re: Forex Diamond EA
Post by: TradeNow on March 09, 2015, 09:24:50 PM
My bts showed 24 as the best choice. Slightly better than 23 for the last months.
Running fd now with 24.
Title: Re: Forex Diamond EA
Post by: donbon2 on March 09, 2015, 11:20:38 PM
I use 20
Title: Re: Forex Diamond EA
Post by: TradeNow on March 10, 2015, 08:30:29 AM
I use 20

TILT  ;)
Title: Re: Forex Diamond EA
Post by: kfb on March 10, 2015, 01:55:05 PM
Hello,

I am considering buying this ea. What performance can you realistically achieve ? I found only very few real accounts on myfxbook.

regards
Title: Re: Forex Diamond EA
Post by: donbon2 on March 10, 2015, 09:31:25 PM
Hello,

I am considering buying this ea. What performance can you realistically achieve ? I found only very few real accounts on myfxbook.

regards

you have to be kidding me right ?
Title: Re: Forex Diamond EA
Post by: kfb on March 11, 2015, 08:43:19 AM
No, I am serious and I do not see a reason why you should think that i am kidding you.

Is it possible to reproduce the results of fd as advertised on a real account ? e.g. USDJPY 22,15 %/month
Title: Re: Forex Diamond EA
Post by: corre971 on March 11, 2015, 01:18:32 PM
No, I am serious and I do not see a reason why you should think that i am kidding you.

Is it possible to reproduce the results of fd as advertised on a real account ? e.g. USDJPY 22,15 %/month
22 % mo they means the risk is simply to High. You can try but DD values will be very High.

I consider as reference to compare my trades the following account:
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
It is a demo but on brokers with tight spreads it is absolutely replicable
I als don't think is a good idea to run only 1 pair
Title: Re: Forex Diamond EA
Post by: nick3232 on March 11, 2015, 02:33:41 PM
that result is more realistic

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
Title: Re: Forex Diamond EA
Post by: corre971 on March 11, 2015, 02:40:59 PM
On Activtrades and Hotforex i have results very close to the account i have indicated. If u use a raw spread broker u will get also better results. Try and u will confirm me that is like this
Title: Re: Forex Diamond EA
Post by: TradeNow on March 12, 2015, 06:41:27 AM
Checked the option for friday close but it doesnt make sense with fd. Those are the trades opened on friday.

br
Mark
Title: Re: Forex Diamond EA
Post by: donbon2 on March 18, 2015, 09:02:01 PM
when you buy an EA - that is why you read the thread

one of the number 1 suggestions with this EA - is to shut it off over FOMC days -- and today you see what can happen if you don't.
Title: Re: Forex Diamond EA
Post by: corre971 on March 18, 2015, 09:06:53 PM
I took the losses (not all because switched off at some point) but took losses today. Anyway we are still here
Title: Re: Forex Diamond EA
Post by: Bumblebee- on April 08, 2015, 08:46:33 AM
Drawdown 50%... Really no good.  
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736076 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736076)
Title: Re: Forex Diamond EA
Post by: donbon2 on April 08, 2015, 08:40:53 PM
Here is my take on FD

the initial trades it is taking are not incorrect -- but when those trades are opened the market is not moving so it can take profit -- but it either sitting still or drifting slightly lower

so after about 6-7 hours of this - when the market rises it closes out those trades at a slight loss and bets the other way -- finally when the market wakes up it shoots higher and stops out these trades at full s/l

therefore - it is losing when it should be winning + losing when it should be losing (a really bad combination for profits)

the results have added up to what it shows a large drawdown.

What I am doing to combat this - is turning the thing off before / during + after major news for hours at a time

then letting it trade when the movement gets going again ...... this obviously is not what people bought this EA for -- but it is the only way to preserve capital and make a few dollars until the market falls back more into a pattern it can trade.

Also I am sure the vendor is looking at tweaking it somehow as they are very reliable that way.

Not much more I can say - it has been a disappointment over the last 2 months + there is only so much you can do at this time to offset that.
Title: Re: Forex Diamond EA
Post by: Eddi Megabot on April 09, 2015, 08:21:46 AM
USDJPY seems to be to good pair for that EA
Title: Re: Forex Diamond EA
Post by: donbon2 on April 09, 2015, 10:28:08 PM
I said months ago - that I was disabling trading on Mondays because the EA couldn't handle it

+ it is only recently others followed this advice after seeing it for themselves

... I don't think it is wise to just run $Yen without EUR + GBP ... but you really have to restrict the number of hours this trades until the market changes back to how it was trading before.
Title: Re: Forex Diamond EA
Post by: forexfish on March 19, 2015, 05:02:05 PM
I took the losses (not all because switched off at some point) but took losses today. Anyway we are still here

I did not switch off either and yes losses part of business, any EA not perform in every market condition and I still continue to run.

This month vendor account has hit 22%, highest loss making month since inception.

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)
Title: Re: Forex Diamond EA
Post by: corre971 on March 19, 2015, 05:29:02 PM
I took the losses (not all because switched off at some point) but took losses today. Anyway we are still here

I did not switch off either and yes losses part of business, any EA not perform in every market condition and I still continue to run.

This month vendor account has hit 22%, highest loss making month since inception.

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

I agree with u. Losses are apart of the game and cannot be avoided. We don't know when the ea will perform OK or bad. Important is to use money we can afford to lose with 
From my side if 2015 will not be profitable i will stop using EAs and will come back to my favouriye hobby: play online with Battlefield  :o 8)
My stats are not bad at all: i have a kill/death ratio of 1.76  8)
Title: Re: Forex Diamond EA
Post by: TradeNow on March 19, 2015, 05:42:25 PM
I took the losses (not all because switched off at some point) but took losses today. Anyway we are still here

I did not switch off either and yes losses part of business, any EA not perform in every market condition and I still continue to run.

This month vendor account has hit 22%, highest loss making month since inception.

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

You are a brave man. yes losses are part of the game.
But after analyzing all my eas i was running only keltner pro and revtrader pro will stay. I removed ALL other eas and add more funds to my account with only those two eas. diamond wally phibase and all other so called best eas are not worth to run anymore. look at diamond and wally for example the last two years. i attached the analysis in comparision to keltner pro.
I try to replicate jareds results. right now keltner pro trades matches 100% with my synergyfx account. dont want to waste time and money anymore with eas who will dont pay the vps. wsfr was a real good ea. diamond maybe also but right now this is not the way for me to continue ea trading.

br
Mark
Title: Re: Forex Diamond EA
Post by: forexfish on March 19, 2015, 06:36:08 PM
I took the losses (not all because switched off at some point) but took losses today. Anyway we are still here

I did not switch off either and yes losses part of business, any EA not perform in every market condition and I still continue to run.

This month vendor account has hit 22%, highest loss making month since inception.

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079 (http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079)

You are a brave man. yes losses are part of the game.
But after analyzing all my eas i was running only keltner pro and revtrader pro will stay. I removed ALL other eas and add more funds to my account with only those two eas. diamond wally phibase and all other so called best eas are not worth to run anymore. look at diamond and wally for example the last two years. i attached the analysis in comparision to keltner pro.
I try to replicate jareds results. right now keltner pro trades matches 100% with my synergyfx account. dont want to waste time and money anymore with eas who will dont pay the vps. wsfr was a real good ea. diamond maybe also but right now this is not the way for me to continue ea trading.

br
Mark

yes right, the problem is you never know which ea will perform and when and what is the bad period for an ea. we can do a little to avoid some extent by tuning off during news, friday stop after US early session,  start late on monday etc. but all these can add some values. important is not to allocate more than 10% on any EA.

it is good you have nice results with keltner and revtrader, keep providing your feedback and these would be my next target.
Title: Re: Forex Diamond EA
Post by: alasdeaguila on March 19, 2015, 06:41:42 PM
simple 4h or daily  manual trade  I think we can make better than this EAs, I like KerltnerPro , I try to analyze the first group of trades yesterday with kertner Pro
Title: Re: Forex Diamond EA
Post by: aheart on March 20, 2015, 03:52:06 AM
Has pause trading and in observing mode . Diamond can't handle extreme volatility  especially eurusd.
Title: Re: Forex Diamond EA
Post by: johnfx5 on March 20, 2015, 03:02:51 PM
WS, Diamond, etc... are all big losers this month. KeltnerPro is truly the only EA should run at this moment.
Title: Re: Forex Diamond EA
Post by: corre971 on March 20, 2015, 03:56:19 PM
WS, Diamond, etc... are all big losers this month. KeltnerPro is truly the only EA should run at this moment.
Yes, huge losses
Title: Re: Forex Diamond EA
Post by: forexfish on March 20, 2015, 04:06:10 PM
WS, Diamond, etc... are all big losers this month. KeltnerPro is truly the only EA should run at this moment.
Yes, huge losses

Yes huge losses. I thought SL would stop and it would start recovering but no luck.
Title: Re: Forex Diamond EA
Post by: corre971 on March 20, 2015, 04:20:27 PM
WS, Diamond, etc... are all big losers this month. KeltnerPro is truly the only EA should run at this moment.
Yes, huge losses

Yes huge losses. I thought SL would stop and it would start recovering but no luck.
The Battlefield option is closer and closer  >:(
Title: Re: Forex Diamond EA
Post by: mikepipmaker on March 20, 2015, 05:27:30 PM
-300 pips on wally.... with the r/r I think it will need rest of the year to make up for the loss...... just feel this kind of unpredictable moves will be more common going forward  ::)
Title: Re: Forex Diamond EA
Post by: TradeNow on March 20, 2015, 05:53:18 PM
-300 pips on wally.... with the r/r I think it will need rest of the year to make up for the loss...... just feel this kind of unpredictable moves will be more common going forward  ::)

maybe you should break your own rules and stop wally. your phibase portfolio is doing quite well the last years.
I stopped ALL eas except keltner and revtrader for now.

br
Mark
Title: Re: Forex Diamond EA
Post by: donbon2 on March 20, 2015, 09:06:25 PM
What I did was shut down over FOMC which I learned is a must with this EA

turned it on in early Asia - and it made about 200 pts ... then it started opening a bunch of trades which looked wrong - so closed them and turned off the EA

so I lost 50 pts closing out for a net +150 pt profit.

I really like this whole series of EA's they produce - but they have to run in a market that suits them and this type of volatility just doesn't work.

So I am just running Monetizer + my Asia Scalpers for the time being.

Keltner Pro seems to be the next choice.

When the market settles down again - I will start up quite a few EA's I have disabled for now.

GT
Title: Re: Forex Diamond EA
Post by: mikepipmaker on March 21, 2015, 03:28:04 AM
-300 pips on wally.... with the r/r I think it will need rest of the year to make up for the loss...... just feel this kind of unpredictable moves will be more common going forward  ::)

maybe you should break your own rules and stop wally. your phibase portfolio is doing quite well the last years.
I stopped ALL eas except keltner and revtrader for now.

br
Mark

this is been my prob with running wally consistently, Mark..... one think i know for sure is the minute i stop running it, it will start gaining  ;D ;D 

I am very keen to run this non stop... had started-stopped it in 2012, 2013 and again in 2014..... everytime i restart it i make a commitment that i will give it a long run..... but traders running this are only successful if they are very quick and savvy in stopping or changing setting quite frequently....  :D   to a certain extent we may be able to decide on stopping during major events... but i would not want a system that needs baby sitting....

ray, cabex and iprofit have proved to be the most robust eas for me.... never had to tinker with settings always use defaults except for adjusting risk...... this is the kind of robots that make automate trading worth while.... baby sitting involves lot of guess work and luck and most importantly understanding market sentiment or price action..... I already am exhausted doing all those thing with my manual trades.... will hate if robots need hand holding as well  :-\

anyway.... i am running wally on a 5k acc... about 5% of my cap...  iprofit and ray have given good starts this year to help me ride out tough times with a good cushion. i run wally at a higher risk and  the 300 pip loss shaved off a good $2k.... i am assuming this account is as good as gone and will let it run thru rest of the year....  ::)  God help me  ;D

i am thinking of stopping UJ.....it was indeed doing well until i started it in jan  :( but stopping after dd is the worst thing.... it is like timing to catch the losses.... must give any ea atleast an equal amount of time to recover.... i may stop it after it gets to breakeven.... or if it busts the acc  ;) 
Title: Re: Forex Diamond EA
Post by: TradeNow on March 21, 2015, 05:41:58 PM
ray, cabex and iprofit have proved to be the most robust eas for me.... never had to tinker with settings always use defaults except for adjusting risk...... this is the kind of robots that make automate trading worth while.... baby sitting involves lot of guess work and luck and most importantly understanding market sentiment or price action..... I already am exhausted doing all those thing with my manual trades.... will hate if robots need hand holding as well  :-\

Yes i followed your results since you started with phibase. imho its working because they are constantly adapting and improving their robots. This is the key why they are succesfull EVERY YEAR. Wally is realy a good ea and diamond also and for sure they will come out of dd but overall i am not impressed anymore.
No ea can beat keltner atm if the shown numbers are valid. I like the support from diamond and wsfr vendor and hope they will make some changes to avoid such big loosing trades. One is for sure. Nobody should run those eas during high impact news anymore  :D
Title: Re: Forex Diamond EA
Post by: donbon2 on March 22, 2015, 12:48:53 AM
one thing about all this FX Turmoil - it has really made us smarter as to what these EA's can do and what they can't.

So best to take action now and make adjustments + preserve capital.
Title: Re: Forex Diamond EA
Post by: donbon2 on March 31, 2015, 05:33:43 AM
what I have been doing with FD WSR + VF

is turning them off during the volatile times -- and turning them on when it is quieter

then I attach equity sentry EA - and put a stop loss amount and a take profit amount - and when it hits the t/p then it disables the EA's ... until I'm ready to start them up again.

this has been the best way to squeeze a little money out of them - in what generally has been a difficult time.
Title: Re: Forex Diamond EA
Post by: Chip4Pips on June 14, 2015, 07:02:58 AM
What is the current version of this EA?
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 18, 2015, 09:28:03 AM
Quote from: donbon2 date=1427776423 link=msg=337609

what I have been doing with FD WSR + VF

is turning them off during the volatile times -- and turning them on when it is quieter

then I attach equity sentry EA - and put a stop loss amount and a take profit amount - and when it hits the t/p then it disables the EA's ... until I'm ready to start them up again.

this has been the best way to squeeze a little money out of them - in what generally has been a difficult time.


Hello,

It is very hard to say when to turn off and on any trading strategy. The biggest mistake that our users make is to disable the EA after a bad series. All our robots are long-term profitable, as our multi-year verified accounts prove.
Soon or a later the drawdown will be recovered, if you stay consistent and of course, if you use appropriate risk settings. Currently all our robots are long-term profitable without any major fails. Our tests show that any manual interventions in the EA operation is more likely to harm the performance, because the human judgement is subjective. The main benefit of using historically tested trading algorithms is their objectivity and emotions free trading. Of course if you feel your self more comfortable you can disable the EA during major news releases, like FOMCs and NFPs. Theoretically this should not harm the long-term performance of any EA trading on a market pullbacks /like WallStreet EA, Forex Diamond EA and Volatility Factor EA/. On the opposite - if you interrupt an impulse following EAs /like our new EA - FOREX TREND DETECTOR/ during major news releases you will mess up the long-term performance totally.
Title: Re: Forex Diamond EA
Post by: corre971 on August 28, 2015, 04:28:16 PM
Forex Diamond is on a new equity high, and imo opinion showed to be the best H24 scalper on the market. If someone know some better scalper pls let me know. The secrte is the same of Wally: run without stop at low risk and when u see a DD never stop it. It is great also in generating rebates.
One of the best EA on the market today
Title: Re: Forex Diamond EA
Post by: alien on August 30, 2015, 03:18:34 AM
Quote from: corre971 link=msg=345772 date=1440775696

Forex Diamond is on a new equity high, and imo opinion showed to be the best H24 scalper on the market. If someone know some better scalper pls let me know. The secrte is the same of Wally: run without stop at low risk and when u see a DD never stop it. It is great also in generating rebates.
One of the best EA on the market today

Diamond best scalper ? ))
Title: Re: Forex Diamond EA
Post by: corre971 on August 30, 2015, 05:04:20 PM
Quote from: alien link=msg=345834 date=1440901114

Quote from: corre971 link=msg=345772 date=1440775696

Forex Diamond is on a new equity high, and imo opinion showed to be the best H24 scalper on the market. If someone know some better scalper pls let me know. The secrte is the same of Wally: run without stop at low risk and when u see a DD never stop it. It is great also in generating rebates.
One of the best EA on the market today

Diamond best scalper ? ))

U know some better scalper? My favourite scalpers are Diamond, Wally, the 2 scalping strategy of Fe Combination (Scalper and machine), F REal Profit only EU and GU, Easy Walker only GU and honestly on the right broker if used at low risk also Polygon. Diamond and Polygon alone  generate 4% rebates monthly+ the gains generated by trades. Do u know some better scalper of these?
Title: Re: Forex Diamond EA
Post by: nick3232 on September 01, 2015, 05:53:56 PM
Quote from: corre971 link=msg=345852 date=1440950660

Quote from: alien link=msg=345834 date=1440901114

Quote from: corre971 link=msg=345772 date=1440775696

Forex Diamond is on a new equity high, and imo opinion showed to be the best H24 scalper on the market. If someone know some better scalper pls let me know. The secrte is the same of Wally: run without stop at low risk and when u see a DD never stop it. It is great also in generating rebates.
One of the best EA on the market today

Diamond best scalper ? ))

U know some better scalper? My favourite scalpers are Diamond, Wally, the 2 scalping strategy of Fe Combination (Scalper and machine), F REal Profit only EU and GU, Easy Walker only GU and honestly on the right broker if used at low risk also Polygon. Diamond and Polygon alone  generate 4% rebates monthly+ the gains generated by trades. Do u know some better scalper of these?


using vortex pro along with wally ,vortex is better so far
Title: Re: Forex Diamond EA
Post by: corre971 on September 01, 2015, 06:32:47 PM
Quote from: nck link=msg=345986 date=1441126436

Quote from: corre971 link=msg=345852 date=1440950660

Quote from: alien link=msg=345834 date=1440901114

Quote from: corre971 link=msg=345772 date=1440775696

Forex Diamond is on a new equity high, and imo opinion showed to be the best H24 scalper on the market. If someone know some better scalper pls let me know. The secrte is the same of Wally: run without stop at low risk and when u see a DD never stop it. It is great also in generating rebates.
One of the best EA on the market today

Diamond best scalper ? ))

U know some better scalper? My favourite scalpers are Diamond, Wally, the 2 scalping strategy of Fe Combination (Scalper and machine), F REal Profit only EU and GU, Easy Walker only GU and honestly on the right broker if used at low risk also Polygon. Diamond and Polygon alone  generate 4% rebates monthly+ the gains generated by trades. Do u know some better scalper of these?


using vortex pro along with wally ,vortex is better so far

Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers
Title: Re: Forex Diamond EA
Post by: piphunter on September 02, 2015, 01:39:31 AM
Quote


Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers


My two concerns with trade copiers are connection issues with the server and the vendor can pull the plug at any moment if wanted to. I do not believe that latter would be the case for EA copiers like Vortex.

BTW, the USDJPY got me a we bit concerned at the moment.  ???
Title: Re: Forex Diamond EA
Post by: corre971 on September 03, 2015, 10:35:43 AM
Quote from: piphunter link=msg=345998 date=1441154371

Quote


Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers


My two concerns with trade copiers are connection issues with the server and the vendor can pull the plug at any moment if wanted to. I do not believe that latter would be the case for EA copiers like Vortex.

BTW, the USDJPY got me a we bit concerned at the moment.  ???

Another concern is that most probably they make manual interventions, and the guy doing this seems to know how to do; what if the guy is changed?  :o
Title: Re: Forex Diamond EA
Post by: Forex Verified on September 04, 2015, 02:35:19 PM
We've added a new test and so far is looking very good.
Title: Re: Forex Diamond EA
Post by: nick3232 on September 07, 2015, 07:59:44 PM
what do you think of asia scalper?
Title: Re: Forex Diamond EA
Post by: TradeNow on September 08, 2015, 07:17:06 AM
Quote from: piphunter date=1441154371 link=msg=345998

Quote


Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers


My two concerns with trade copiers are connection issues with the server and the vendor can pull the plug at any moment if wanted to. I do not believe that latter would be the case for EA copiers like Vortex.



trade copiers are equal in terms of safety like any ea you buy. If your ea vendor pull the plug your ea didnt auth anymore and you cant use it.

But all eas are available as cracked versions on the net This is imho a real disadvantage. While the real disadvatage of a trade copier is that you cant backtest it. Its a black box and the guy behind maybe change his rules at any time.

There is no perfect system. The ea could fail. The signal could fail. The vps could fail. The broker could fail. You could fail (most of the time)  ;)

Honestly the biggest unknown variable in trading is sitting behind the computer and its the trader itself.

I am my own enemy when i lost my patience.... :D




Title: Re: Forex Diamond EA
Post by: forexfish on September 08, 2015, 08:41:26 AM
Quote from: TradeNow link=msg=346397 date=1441693026

Quote from: piphunter date=1441154371 link=msg=345998

Quote


Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers


My two concerns with trade copiers are connection issues with the server and the vendor can pull the plug at any moment if wanted to. I do not believe that latter would be the case for EA copiers like Vortex.



trade copiers are equal in terms of safety like any ea you buy. If your ea vendor pull the plug your ea didnt auth anymore and you cant use it.

But all eas are available as cracked versions on the net This is imho a real disadvantage. While the real disadvatage of a trade copier is that you cant backtest it. Its a black box and the guy behind maybe change his rules at any time.

There is no perfect system. The ea could fail. The signal could fail. The vps could fail. The broker could fail. You could fail (most of the time)  ;)

Honestly the biggest unknown variable in trading is sitting behind the computer and its the trader itself.

I am my own enemy when i lost my patience.... :D







True  - simple rule is do some due diligence before buy any EA / Signal services / trade copier
        -  Spread capital into brokers
        - Do not invest more than 10% of trading capital into one strategy
Title: Re: Forex Diamond EA
Post by: corre971 on September 08, 2015, 11:02:13 AM
Quote from: forexfish link=msg=346400 date=1441698086

Quote from: TradeNow link=msg=346397 date=1441693026

Quote from: piphunter date=1441154371 link=msg=345998

Quote


Yes, Vortex ad trade copier is showing good results. But honestly i do not feel confortable with trade copiers


My two concerns with trade copiers are connection issues with the server and the vendor can pull the plug at any moment if wanted to. I do not believe that latter would be the case for EA copiers like Vortex.



trade copiers are equal in terms of safety like any ea you buy. If your ea vendor pull the plug your ea didnt auth anymore and you cant use it.

But all eas are available as cracked versions on the net This is imho a real disadvantage. While the real disadvatage of a trade copier is that you cant backtest it. Its a black box and the guy behind maybe change his rules at any time.

There is no perfect system. The ea could fail. The signal could fail. The vps could fail. The broker could fail. You could fail (most of the time)  ;)

Honestly the biggest unknown variable in trading is sitting behind the computer and its the trader itself.

I am my own enemy when i lost my patience.... :D







True  - simple rule is do some due diligence before buy any EA / Signal services / trade copier
        -  Spread capital into brokers
        - Do not invest more than 10% of trading capital into one strategy


Also if OT, helps a lot to earn rebates: earning almost 4% monthly only on rebates.
Title: Re: Forex Diamond EA
Post by: Maxi97 on September 18, 2015, 12:24:00 PM
Quote from: Forex Verified link=msg=346200 date=1441373719

We've added a new test and so far is looking very good.


Hi, suggestions for broker? Minimum recommended account size? Cheers.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on September 18, 2015, 03:18:48 PM
Quote from: Maxi97 link=msg=346877 date=1442575440

Quote from: Forex Verified link=msg=346200 date=1441373719

We've added a new test and so far is looking very good.


Hi, suggestions for broker? Minimum recommended account size? Cheers.


You need broker with low spreads and good execution. Lmax and IC Markets are good. Min account size is depending on your risk level. From 1000 Usd and upwards
Title: Re: Forex Diamond EA
Post by: corre971 on September 18, 2015, 03:38:45 PM
Every ECN account will be OK. Also STP with tight spreads will be OK too. So choose the broker u prefer, the list would be too long
Title: Re: Forex Diamond EA
Post by: Forex Verified on September 22, 2015, 02:19:30 PM
USD/JPY performed poorly on our test, so today we have started another with increased risk and without USD/JPY to see how it goes.
Title: Re: Forex Diamond EA
Post by: phoebus on September 23, 2015, 09:01:11 PM
I never get bored with this EA. My USDJPY is on overal profit, but the GBPUSD made me some good money this year. The risk management is almost everything and of course to find a good systems from all scams out there. For the diamond my MM settings are 1% for GBP and 0.5 for EUR and JPY.
Title: Re: Forex Diamond EA
Post by: Forex Verified on October 01, 2015, 03:45:15 PM
Quote from: phoebus link=msg=347126 date=1443038471

I never get bored with this EA. My USDJPY is on overal profit, but the GBPUSD made me some good money this year. The risk management is almost everything and of course to find a good systems from all scams out there. For the diamond my MM settings are 1% for GBP and 0.5 for EUR and JPY.


Did you have any losses on USD/JPY last week?
Title: Re: Forex Diamond EA
Post by: corre971 on October 02, 2015, 10:26:58 AM
Quote from: Forex Verified link=msg=347467 date=1443710715

Quote from: phoebus link=msg=347126 date=1443038471

I never get bored with this EA. My USDJPY is on overal profit, but the GBPUSD made me some good money this year. The risk management is almost everything and of course to find a good systems from all scams out there. For the diamond my MM settings are 1% for GBP and 0.5 for EUR and JPY.


Did you have any losses on USD/JPY last week?

Running this system seriously consider to earn rebates: togheter with Polygon FD alone can generate also at low risk about 4% monthly. USDJPY lately performed poorly, while the best performer is always GBPUSD, but EURUSD lately had good results. Anyway i run all 3 pairs with no stop. IMO FD is showing to be one of the few consistent scalpers. From FX Automater we see only good products
Title: Re: Forex Diamond EA
Post by: corre971 on October 17, 2015, 07:51:47 AM
Currently running 2 of my 3 licenses, on Thinkforex standard and Hotforex. Will run from monday also my 3rd license on ICMarkets.
Title: Re: Forex Diamond EA
Post by: IFFTrader on October 17, 2015, 08:07:37 AM
Corre, which hotforex accounts you run with success for FD? I like to use one license on their account too. Thanks.
Title: Re: Forex Diamond EA
Post by: corre971 on October 17, 2015, 02:39:49 PM
Quote from: IFFTrader link=msg=348173 date=1445065657

Corre, which hotforex accounts you run with success for FD? I like to use one license on their account too. Thanks.

I am running a Currenex account. For FD is doing good but strangely on many other robots is doing worse than my Thinkforex standard account. But i earn High rebates on this account and Diamond generate a lot of volumes. For sure on IC markets ecn will do much better. From monday will run also a new Tickmill account but no FD on this since my licnses are only 3. But maybe will switch there FD from Hotforex.
Anyway on Tickmill will run Wall street including Asia version.
Title: Re: Forex Diamond EA
Post by: IFFTrader on October 18, 2015, 09:20:03 AM
USDJPY is suffering loss for both WST and FD. I'm in a dilemma to stop this pair or not.
Title: Re: Forex Diamond EA
Post by: forexfish on October 18, 2015, 01:10:50 PM
I have set this up again along with other EAs again on my HF premium account with 0.50% risk only, all supported pairs, hope it won't damage the account in future and generate some rebates.
Title: Re: Forex Diamond EA
Post by: corre971 on October 18, 2015, 01:55:33 PM
On my Thinkforex and Hotforex accounts (where i have the highest febates) wil continue to run FD all 3 pairs at 0.5 % with recoveryOn and ma max 1. On IC Markets i will start to run only gbpusd. Fundamental is to earn rebates for FD. But while my Hotforex account is in slightly loss for this year i ma in good gain with Thinkforex running almost the same eas. Anyway on both earning huge rebates so overall in nice. Anyway Thinkforex shows to be much better than Hotforex. My account is standard one and an Eco would be much better.
Anyway losses mostly Are coming from some breakouts with Are suffering from May, but they will recover too
Title: Re: Forex Diamond EA
Post by: forexfish on October 18, 2015, 05:42:51 PM
Quote from: corre971 link=msg=348231 date=1445172933

On my Thinkforex and Hotforex accounts (where i have the highest febates) wil continue to run FD all 3 pairs at 0.5 % with recoveryOn and ma max 1. On IC Markets i will start to run only gbpusd. Fundamental is to earn rebates for FD. But while my Hotforex account is in slightly loss for this year i ma in good gain with Thinkforex running almost the same eas. Anyway on both earning huge rebates so overall in nice. Anyway Thinkforex shows to be much better than Hotforex. My account is standard one and an Eco would be much better.
Anyway losses mostly Are coming from some breakouts with Are suffering from May, but they will recover too


Thx for letting us know your set up.  Are you running 3 pairs only, I run all 4 pairs. I will see how HF account goes.  I turned down after May losses, at that time I use to run 4-6% risk, that was too high now only 0.50%, this can be digest if it do not produce +ive results.
Title: Re: Forex Diamond EA
Post by: ichfunktion on October 18, 2015, 09:03:38 PM
Quote from: corre971 link=msg=348231 date=1445172933

On my Thinkforex and Hotforex accounts (where i have the highest febates) wil continue to run FD all 3 pairs at 0.5 % with recoveryOn and ma max 1. On IC Markets i will start to run only gbpusd. Fundamental is to earn rebates for FD. But while my Hotforex account is in slightly loss for this year i ma in good gain with Thinkforex running almost the same eas. Anyway on both earning huge rebates so overall in nice. Anyway Thinkforex shows to be much better than Hotforex. My account is standard one and an Eco would be much better.
Anyway losses mostly Are coming from some breakouts with Are suffering from May, but they will recover too


What do you mean with ma max =1
Is this AutoMM_Max?
Title: Re: Forex Diamond EA
Post by: corre971 on October 19, 2015, 12:13:34 PM
Quote from: ichfunktion link=msg=348238 date=1445198618

Quote from: corre971 link=msg=348231 date=1445172933

On my Thinkforex and Hotforex accounts (where i have the highest febates) wil continue to run FD all 3 pairs at 0.5 % with recoveryOn and ma max 1. On IC Markets i will start to run only gbpusd. Fundamental is to earn rebates for FD. But while my Hotforex account is in slightly loss for this year i ma in good gain with Thinkforex running almost the same eas. Anyway on both earning huge rebates so overall in nice. Anyway Thinkforex shows to be much better than Hotforex. My account is standard one and an Eco would be much better.
Anyway losses mostly Are coming from some breakouts with Are suffering from May, but they will recover too


What do you mean with ma max =1
Is this AutoMM_Max?

Yes, is MMMAX. When u use recovery ON is the max risk the EA will reach for each trade
Title: Re: Forex Diamond EA
Post by: corre971 on October 20, 2015, 07:01:36 PM
Last 3 trades on gbpusd were closed on IC Markets much earlier than on Thinkforex standard and Hotforex amd with more pips. Tight spreads help a lot with scalpers
Title: Re: Forex Diamond EA
Post by: forexfish on October 21, 2015, 08:26:51 PM
Quote from: corre971 link=msg=348331 date=1445364096

Last 3 trades on gbpusd were closed on IC Markets much earlier than on Thinkforex standard and Hotforex amd with more pips. Tight spreads help a lot with scalpers


Yes tight spread always helps for scalpers, so far so good at Hot Forex.
Title: Re: Forex Diamond EA
Post by: corre971 on October 23, 2015, 04:14:46 PM
From 19 October running Diamond also on my Ic markets real ecn account. It was able to beat also the ref demo account:
In the same period, from 19 Oct:
Alpari NZ demo account 11 trades +53.5 pips
IC Markets real account 11 trades + 56 pips

It is not a tick scalper so a real account with raw spread can easily beat the demo ref account

I would like to test it also on my new Tickmill real account (but Tickmill only on GBPUSD has wider spread than IC markets)
Title: Re: Forex Diamond EA
Post by: drunkfx on October 27, 2015, 08:52:56 AM
Quote from: forexfish link=msg=348386 date=1445455611

Quote from: corre971 link=msg=348331 date=1445364096

Last 3 trades on gbpusd were closed on IC Markets much earlier than on Thinkforex standard and Hotforex amd with more pips. Tight spreads help a lot with scalpers


Yes tight spread always helps for scalpers, so far so good at Hot Forex.


Are you talking about 0 spread account at Hotforex? What's better raw spread+commission or spread+markup?
thanks in advance.
Title: Re: Forex Diamond EA
Post by: corre971 on October 27, 2015, 09:05:32 AM
Some of the best spreads on GBPUSD are on IC markets, Darwinex, FXCM. Tickmill has very good spreads too (and low commissions of only 4 usd), but spread on gbpusd are higher than IC Markets. U can find even better, but then u will go in some unregulated and tricky brokers

Remember always to get rebetes for Diamond
Title: Re: Forex Diamond EA
Post by: nick3232 on October 29, 2015, 07:47:42 PM
thanks corey for your good advices 8)
Title: Re: Forex Diamond EA
Post by: corre971 on November 08, 2015, 01:35:48 PM
On the FX Automater Blog are available some interesing topics:
1. What should you know before start trading with Forex Diamond EA
2. How to be a successful forex trader using Forex Expert Advisors PART 1 and PART 2

http://www.fxautomater.com/blog

Interesting readings, specially the topic about expert advisors
Title: Re: Forex Diamond EA
Post by: Forex Verified on November 09, 2015, 03:34:07 PM
Quote from: corre971 link=msg=349166 date=1446989748

On the FX Automater Blog are available some interesing topics:
1. What should you know before start trading with Forex Diamond EA
2. How to be a successful forex trader using Forex Expert Advisors PART 1 and PART 2

http://www.fxautomater.com/blog

Interesting readings, specially the topic about expert advisors


Didn't see it before. Thanks, nice info there.
Title: Re: Forex Diamond EA
Post by: corre971 on November 17, 2015, 07:59:50 AM
Received this morning an email from forex diamond:

Dear ...,

We would like to inform you that we have just released a new
version 5.0 of Forex Diamond EA.

At the request of our customers, we have added a News Filter and a
Visual Risk Level indication. For more information on the new version,
visit our blog:

http://www.fxautomater.com/blog/forex-diamond-ea-v50-released-news-filter-added-20

Since this version does not include any critical updates, it is not
considered obligatory.

If you have any questions, please don't hesitate to contact us.

Sincerely,
Forex Diamond Support
www.forex-diamond.com

P.S.  You can find all important updates, promotions, interesting
articles and news about all products and future projects of
FXautomater Team on our social media profiles. So stay tuned!

Join us on Facebook
Join us on Google+
Join us on Twitter


The new features are explained more in deep on their blog:
http://www.fxautomater.com/blog/forex-diamond-ea-v50-released-news-filter-added-20

Substancially they have added a news filter and a visual indication of the risk used by the color of the HUD. Default risk is 0.5% (which is the risk i have always used, but with recovery ON and autommmax=1)
I will not use the news filter, but will switch OFF Forex Diamond and all my other EAs only for NFP (and will consider if to switch off or not time by time for FOMC meetings)
Title: Re: Forex Diamond EA
Post by: nick3232 on November 27, 2015, 06:00:09 PM
gbpusd seems the best pair,any live results using that pair only?
Title: Re: Forex Diamond EA
Post by: eliotnes on November 28, 2015, 07:52:04 AM
friday 27 i have 3 trades :
sell gbpusd close with win            S1
By gbpusd  open in loss               S2
By gbpusd  open in loss               S3

on the myfxbook seller there is no trades i don't understand?

and why S1,S2,S3 ?

do you know the setup of the seller?

thx for your help
Title: Re: Forex Diamond EA
Post by: websmith on November 28, 2015, 07:58:30 AM
S1, S2, S3 are 3 different strategies. I have S2 and S3 buys also.
Title: Re: Forex Diamond EA
Post by: corre971 on November 28, 2015, 08:53:05 AM
I have 2 long open at Hotforex and IC Markets and 1 long at Thinkforex; i think it can depends by the spread
Title: Re: Forex Diamond EA
Post by: corre971 on November 28, 2015, 08:55:45 AM
On Ic Markets i am running only GBPUSD with default settings, only recovery=true and mm=0.5 and mmmax=1
Amazing results so far, with much better average pips gain than the demo account from the developer
Attached a screen
Title: Re: Forex Diamond EA
Post by: Forex Verified on November 30, 2015, 02:46:48 PM
ICM has good spread for this kind of EAs.
Title: Re: Forex Diamond EA
Post by: corre971 on January 03, 2016, 07:46:36 AM
Pepperstone looks even better. From tomorrow will run Diamond only gbpusd on Pepperstone too
Title: Re: Forex Diamond EA
Post by: Forex Verified on January 05, 2016, 04:05:42 PM
Quote from: corre971 link=msg=350916 date=1451807196

Pepperstone looks even better. From tomorrow will run Diamond only gbpusd on Pepperstone too

Looking forward to see if performance is better on Pepperstone.
Title: Re: Forex Diamond EA
Post by: dutchie on January 14, 2016, 12:41:28 PM
Running EURUSD and GBPUSD with standard settings in IC markets and I'm down $90 so far
Started with $ 250 and this is now $ 160.
Title: Re: Forex Diamond EA
Post by: Forex Verified on January 14, 2016, 04:01:25 PM
Quote from: dutchie link=msg=351323 date=1452775288

Running EURUSD and GBPUSD with standard settings in IC markets and I'm down $90 so far
Started with $ 250 and this is now $ 160.

January looks like a tough month for Diamond. Our tests are also red.
Title: Re: Forex Diamond EA
Post by: IFFTrader on January 30, 2016, 07:04:31 AM
Anyone still running this EA more than GU pair? I stop all pairs except GU without recovery mode. I saw how fast USDJPY lost all the profits and EURUSD is struggling end of 2015.

Now I see vendor account is all removed from myfxbook except for a demo GU which is not doing too good.
I have high hopes on this EA until end of 2015 and try to play safe and now in the dilemma whether to switch off the last pair.
Title: Re: Forex Diamond EA
Post by: guernica on January 30, 2016, 11:40:21 PM
Quote from: IFFTrader link=msg=351870 date=1454137471

Anyone still running this EA more than GU pair? I stop all pairs except GU without recovery mode. I saw how fast USDJPY lost all the profits and EURUSD is struggling end of 2015.
Now I see vendor account is all removed from myfxbook except for a demo GU which is not doing too good.
I have high hopes on this EA until end of 2015 and try to play safe and now in the dilemma whether to switch off the last pair.

If you're not confortable with this EA (and i agree with that because things don't go well for this EA) stop it.
Title: Re: Forex Diamond EA
Post by: IFFTrader on January 31, 2016, 01:12:26 AM
Are you still running this ea? Which pair?
Title: Re: Forex Diamond EA
Post by: corre971 on January 31, 2016, 12:36:47 PM
Quote from: IFFTrader link=msg=351890 date=1454202746

Are you still running this ea? Which pair?

i am running onlu gbpusd from  months at very low risk. Will continue like this
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on January 31, 2016, 01:16:47 PM
I find that level three "FD-S3", does a little better than FD-S1, and a lot better than level FD-S2. ;)
Title: Re: Forex Diamond EA
Post by: IFFTrader on February 03, 2016, 03:56:01 AM
Quote from: iliosellas link=msg=351901 date=1454246207

I find that level three "FD-S3", does a little better than FD-S1, and a lot better than level FD-S2. ;)


The EA comprise of 3 strategy. I will run all strategies together unless I want to watch price closely and has a bias view. For now, running 0.5% risk on GU only. Think will stay with that like Corre.

Title: Re: Forex Diamond EA
Post by: corre971 on February 03, 2016, 02:20:44 PM
Quote from: IFFTrader link=msg=352051 date=1454471761

Quote from: iliosellas link=msg=351901 date=1454246207

I find that level three "FD-S3", does a little better than FD-S1, and a lot better than level FD-S2. ;)


The EA comprise of 3 strategy. I will run all strategies together unless I want to watch price closely and has a bias view. For now, running 0.5% risk on GU only. Think will stay with that like Corre.



Exactly risk 0.5 (but i use recovery On with Autommmax=1) and choose a broker with tight spreads on GBPUSD. Let it run without to watch
Title: Re: Forex Diamond EA
Post by: Blackpearl on February 19, 2016, 08:53:44 PM
Fx Diamond seems to recover, I run with 0.5% recovery off. If FX Diamond accumulates positions total will rise quickly n*0.5% what leads to 2% or even more, so 0,5% is fine for me.
Title: Re: Forex Diamond EA
Post by: Forex Verified on February 22, 2016, 05:02:15 PM
Quote from: corre971 link=msg=352081 date=1454509244

Quote from: IFFTrader link=msg=352051 date=1454471761

Quote from: iliosellas link=msg=351901 date=1454246207

I find that level three "FD-S3", does a little better than FD-S1, and a lot better than level FD-S2. ;)


The EA comprise of 3 strategy. I will run all strategies together unless I want to watch price closely and has a bias view. For now, running 0.5% risk on GU only. Think will stay with that like Corre.



Exactly risk 0.5 (but i use recovery On with Autommmax=1) and choose a broker with tight spreads on GBPUSD. Let it run without to watch


Are you still running it? If so, how are the results so far?
Title: Re: Forex Diamond EA
Post by: IFFTrader on February 24, 2016, 03:40:47 PM
My results running only GU pair has been choppy since early this year. I think "Brexit" situation may contribute to it. This week the gap down did recover a fair amount of previous weeks loss. Overall up by 1% this year running 0.5 risk without recovery. There are other systems running in the same account which been doing better.

I will monitor next week performance before deciding shutting down the EA until "Brexit" is over.
Title: Re: Forex Diamond EA
Post by: Bumblebee- on June 23, 2016, 06:18:08 AM
Should we turn off the EA temporally for Brexit?
Title: Re: Forex Diamond EA
Post by: forexfish on June 23, 2016, 05:02:57 PM
Quote from: Bumblebee- link=msg=355838 date=1466659088

Should we turn off the EA temporally for Brexit?


I think it would be wise, I have reduced the risk but it worth switching OFF as volatility will increase and spread would be widen but to be safe than sorry.
Title: Re: Forex Diamond EA
Post by: dutchie on August 25, 2016, 09:04:45 PM
The last months where not the best once for ForexDiamond.
But this month ForexDiamond is doing really great on GBPUSD.
Do others have good result too this month?

Anybody using it on USDJPY?
Title: Re: Forex Diamond EA
Post by: silvanodeiboschi on August 27, 2016, 09:02:42 AM

I am using FD on USDJpy live from January 2016. Positive performance , but from May slightly negative, good from January to April .
Real account of Activtrades .
Title: Re: Forex Diamond EA
Post by: BMaia69 on August 27, 2016, 06:06:58 PM
Brexit was a long time ago and nothing happenned.
Long on USD
Title: Re: Forex Diamond EA
Post by: IFFTrader on September 01, 2016, 04:06:25 AM
Depends on your setting, ie risk and recovery. This EA may have long recovering period. I like what I see in forexgermany account and now I run on four pairs instead of just GBPUSD. I also disable recovery and park this EA as one of my portfolio. Since then I have less concern with DD.

I believe this EA is long term profitable but over risking the account will have psychology impact on your trust to continue with the EA. I guess this is fundamental to many good EAs out there as well.
Title: Re: Forex Diamond EA
Post by: Chip4Pips on September 04, 2016, 06:40:58 AM
Quote from: IFFTrader link=msg=357432 date=1472699185

Depends on your setting, ie risk and recovery. This EA may have long recovering period. I like what I see in forexgermany account and now I run on four pairs instead of just GBPUSD. I also disable recovery and park this EA as one of my portfolio. Since then I have less concern with DD.

I believe this EA is long term profitable but over risking the account will have psychology impact on your trust to continue with the EA. I guess this is fundamental to many good EAs out there as well.


Which four pairs are you currently using this FD on? I shut it down prior to Brexit and didn't fire it back up again.
Title: Re: Forex Diamond EA
Post by: forexfish on September 04, 2016, 08:01:56 PM
Quote from: forexfish link=msg=355854 date=1466697777

Quote from: Bumblebee- link=msg=355838 date=1466659088

Should we turn off the EA temporally for Brexit?


I think it would be wise, I have reduced the risk but it worth switching OFF as volatility will increase and spread would be widen but to be safe than sorry.


I have started again but with 0.5% risk only, let's hope these settings won't dry my account.
Title: Re: Forex Diamond EA
Post by: IFFTrader on September 05, 2016, 02:34:16 PM
Thr official four pairs
EU GU UCHF UJ
Title: Re: Forex Diamond EA
Post by: forexfish on September 06, 2016, 02:49:47 AM

The strange thing is now vendor do not show any real money account, where real money accounts have gone ? 

http://www.myfxbook.com/members/forexdiamond


http://www.forex-diamond.com/

Does that mean vendor does not have any faith on this ea ?
Title: Re: Forex Diamond EA
Post by: dutchie on September 06, 2016, 03:52:07 PM
Quote from: forexfish link=msg=357532 date=1473126587


The strange thing is now vendor do not show any real money account, where real money accounts have gone ? 

http://www.myfxbook.com/members/forexdiamond


http://www.forex-diamond.com/

Does that mean vendor does not have any faith on this ea ?

Wasn't that always the case?
As far as I know they had 2 MyFXbook Demo accounts on their website
Title: Re: Forex Diamond EA
Post by: Tradenow on September 06, 2016, 07:02:01 PM
Quote from: forexfish date=1473126587 link=msg=357532

Does that mean vendor does not have any faith on this ea ?


you know the answer my friend.... ;)

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fwww.motifake.com%2Fimage%2Fdemotivational-poster%2F0912%2Fbetter-safe-than-sorry-better-safe-than-sorry-cat-helmet-demotivational-poster-1261604270.jpg&hash=b5d5eb2e026b4a2a967dc5f98903ad30)
Title: Re: Forex Diamond EA
Post by: forexfish on September 06, 2016, 07:09:46 PM
Quote from: dutchie link=msg=357544 date=1473173527

Quote from: forexfish link=msg=357532 date=1473126587


The strange thing is now vendor do not show any real money account, where real money accounts have gone ? 

http://www.myfxbook.com/members/forexdiamond


http://www.forex-diamond.com/

Does that mean vendor does not have any faith on this ea ?

Wasn't that always the case?
As far as I know they had 2 MyFXbook Demo accounts on their website


Yes true.

In the past I noted both demo and real money accounts but now only demo that does not sound right.
Title: Re: Forex Diamond EA
Post by: forexfish on September 06, 2016, 07:11:12 PM
Quote from: Tradenow link=msg=357549 date=1473184921

Quote from: forexfish date=1473126587 link=msg=357532

Does that mean vendor does not have any faith on this ea ?


you know the answer my friend.... ;)

(https://donnaforex.com/proxy.php?request=http%3A%2F%2Fwww.motifake.com%2Fimage%2Fdemotivational-poster%2F0912%2Fbetter-safe-than-sorry-better-safe-than-sorry-cat-helmet-demotivational-poster-1261604270.jpg&hash=b5d5eb2e026b4a2a967dc5f98903ad30)



Yeap, that's true mate.
Title: Re: Forex Diamond EA
Post by: nick3232 on October 26, 2016, 05:56:53 PM
This system is private. what a reliable ea?
Title: Re: Forex Diamond EA
Post by: Anchorpoint on October 26, 2016, 06:22:11 PM
Quote from: nck link=msg=358517 date=1477501013

This system is private. what a reliable ea?


Accounts here: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.myfxbook.com/members/forexdiamond
Title: Re: Forex Diamond EA
Post by: forexfish on December 05, 2016, 07:52:57 PM
Quote from: nck link=msg=358517 date=1477501013
This system is private. what a reliable ea?

Accounts here: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.myfxbook.com/members/forexdiamond

All real money accounts gone, only one here and that is 3 months old, I think vendor is running from 2-3 years so none of them survived. I stopped this EA before Brexit and not thinking to run atm.   

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/1819140
Title: Re: Forex Diamond EA
Post by: dutchie on December 06, 2016, 01:26:46 PM
Quote from: nck link=msg=358517 date=1477501013
This system is private. what a reliable ea?

Accounts here: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.myfxbook.com/members/forexdiamond

All real money accounts gone, only one here and that is 3 months old, I think vendor is running from 2-3 years so none of them survived. I stopped this EA before Brexit and not thinking to run atm.   

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/1819140
Although I have reasonable good results with Diamond this is not a good signal.
Starting over a new account once or twice a year does not give a good faith in an EA.
Will watch my account very close.
Title: Re: Forex Diamond EA
Post by: forexfish on December 06, 2016, 06:50:45 PM
Quote from: nck link=msg=358517 date=1477501013
This system is private. what a reliable ea?

Accounts here: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.myfxbook.com/members/forexdiamond

All real money accounts gone, only one here and that is 3 months old, I think vendor is running from 2-3 years so none of them survived. I stopped this EA before Brexit and not thinking to run atm.   

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/1819140
Although I have reasonable good results with Diamond this is not a good signal.
Starting over a new account once or twice a year does not give a good faith in an EA.
Will watch my account very close.

I run over a year, I usually run to generate side income as rebate from broker but my net results (losses) not matched with rebate I earned so I simply turned off.

Please share your results.
Title: Re: Forex Diamond EA
Post by: dutchie on December 06, 2016, 08:46:02 PM
Quote from: nck link=msg=358517 date=1477501013
This system is private. what a reliable ea?

Accounts here: http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.myfxbook.com/members/forexdiamond

All real money accounts gone, only one here and that is 3 months old, I think vendor is running from 2-3 years so none of them survived. I stopped this EA before Brexit and not thinking to run atm.   

http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-real-money/1819140
Although I have reasonable good results with Diamond this is not a good signal.
Starting over a new account once or twice a year does not give a good faith in an EA.
Will watch my account very close.

I run over a year, I usually run to generate side income as rebate from broker but my net results (losses) not matched with rebate I earned so I simply turned off.

Please share your results.
Don't have a MyFXbook link for Diamond and can not attach a image (yet)
EURUSD is not performing (-$$54)
GBPUSD is doing great (+$463)
USDCHF (+$4) and USDJPY (+$55) just started 3 months ago
Overall result since Okt. 2015: $468
Account is ICMarket and Diamond is running since Oktober 2015
Title: Re: Forex Diamond EA
Post by: guernica on December 06, 2016, 10:51:16 PM
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.forexverified.com/reports/forexdiamond/forexdiamond002.html
Title: Re: Forex Diamond EA
Post by: forexfish on December 09, 2016, 10:23:16 PM
http://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

http://www.forexverified.com/reports/forexdiamond/forexdiamond002.html

Unfortunately both are demo, wondering if anyone able to share real money account running over 2 years or since it was launched.
Title: Re: Forex Diamond EA
Post by: dutchie on December 10, 2016, 03:57:25 PM
Here is my result since 2015 Oct.
http://stapper.net/results/ForexDiamond-ICMarkets.htm
Can't use MyFXBook because I'm having problems installing .net on my VPS
Title: Re: Forex Diamond EA
Post by: Byte on December 10, 2016, 05:20:58 PM
I unfortunately cannot upload screenshots at this point, but here are a few infos on my Axitrader live account.
The data I have easily is running this since July 18, 2016. It was a decent time for the EA
GBPUSD +2,347 pips
USDJPY +939 pips
monthly plus of 1.9% at DD of 4.7%, but there are periods with more severe DDs, but I have to dig for the magic numbers I used for the EA before I moved to a new VPS. Hope that provides a bit of an idea
Title: Re: Forex Diamond EA
Post by: corre971 on December 10, 2016, 07:01:52 PM
This is the oldest real account running Diamond:
http://www.myfxbook.com/members/forexgermany/forex-diamond/1344920
It is from Forexgermany
Diamond is a scalper so, low trading costs and low slippage is vital.
So the ea can be profitable but on Brokers with low trading costs and low slippage
Pls, note that Forexgermany runs at a a very low risk of about 0.3 %
Title: Re: Forex Diamond EA
Post by: dutchie on December 12, 2016, 09:24:54 PM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704
Title: Re: Forex Diamond EA
Post by: corre971 on December 13, 2016, 11:09:21 AM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704
On brokers with good trading conditions F Diamond works
Title: Re: Forex Diamond EA
Post by: dutchie on December 13, 2016, 01:41:58 PM
YIP!
Title: Re: Forex Diamond EA
Post by: donbon2 on December 23, 2016, 09:50:34 PM
nothing wrong with this EA - we learnt some lessons to turn off over Fed meetings but it is stable and successful with proper brokers and spreads - wont work on cent accounts
Title: Re: Forex Diamond EA
Post by: forexfish on December 24, 2016, 08:45:14 AM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704
On brokers with good trading conditions F Diamond works

Thanks corre971 and dutchie - I was running at Hot Forex but I think its worth to run at ICM, will set up again next month.
Title: Forex Diamond EA
Post by: IFFTrader on December 25, 2016, 07:49:26 AM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704
On brokers with good trading conditions F Diamond works

Thanks corre971 and dutchie - I was running at Hot Forex but I think its worth to run at ICM, will set up again next month.

Do you mind let me know if you are using currenex or zero spread account in hotforex?
Title: Re: Forex Diamond EA
Post by: forexfish on December 27, 2016, 09:14:42 PM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704
On brokers with good trading conditions F Diamond works

Thanks corre971 and dutchie - I was running at Hot Forex but I think its worth to run at ICM, will set up again next month.

Do you mind let me know if you are using currenex or zero spread account in hotforex?

sure, I have run @ Premium account  https://www.hotforex.com/sv/en/account-types/account-comparison.html
Title: Re: Forex Diamond EA
Post by: IFFTrader on December 28, 2016, 10:12:02 AM
Thanks
Title: Re: Forex Diamond EA
Post by: candlesurfer on February 26, 2017, 06:55:32 PM
This is my real account with FD
http://www.myfxbook.com/members/forexdutchie/forex-diamond/1894704

71%+ DD! Scary....
Title: Re: Forex Diamond EA
Post by: reinerh on February 26, 2017, 10:08:18 PM

candlesurfer,

your darwinex account sure is impressive, dd to gain ratio. and long history by now.

are you running any commercial ea on that account ??
Title: Re: Forex Diamond EA
Post by: candlesurfer on February 27, 2017, 10:39:18 AM

candlesurfer,

your darwinex account sure is impressive, dd to gain ratio. and long history by now.

are you running any commercial ea on that account ??

Thanks, so far so good.. Yes but heavily tweaked/ optimised and blended...
Title: Re: Forex Diamond EA
Post by: reinerh on February 27, 2017, 01:21:50 PM
you tweaked them well :)

there are quite a few now showing very good long term results.

keep it up.
Title: Re: Forex Diamond EA
Post by: donbon2 on March 16, 2017, 11:51:00 AM
for FD

I dont run EUR

use all signals for GBP and YEN - but have disabled 2 hours before news and 2 hours after -- close all positions Friday and dont trade Monday open -- wait for London.

this week I have had it turned off with so much data - but next week should be good.

Wish it were 100% set and forget in some way -- but scalpers not suited to all types of markets... so looking to preserve capital as much as possible.
Title: Re: Forex Diamond EA
Post by: donbon2 on March 22, 2017, 09:53:33 PM
I looked at Dutchies account I use Pepperstone he uses IC Markets - his trades are like 0.1 pips better than mine in some cases - so I would probably go with IC over Pepperstone.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 29, 2017, 04:29:07 PM
YIP!

Hello, Duchie.

Your FX Diamond account is using "Recovery on" or off? Would you say that the recovery on method, when used is defined as a grid or martingale?

Regards,
Ilios Ellas
Title: Re: Forex Diamond EA
Post by: dutchie on March 29, 2017, 04:57:50 PM
YIP!

Hello, Duchie.

Your FX Diamond account is using "Recovery on" or off? Would you say that the recovery on method, when used is defined as a grid or martingale?

Regards,
Ilios Ellas
I'm not using Recovery at all.
But will play around with the settings of Diamond and Wallstreet in the next month.
Will add a basket manger to take control of the open trades.
This basket manager will use the profit of winning positions to close (partial) losing positions.
See if that will bring a more stable profit curve
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 29, 2017, 05:06:29 PM
YIP!

Hello, Duchie.

Your FX Diamond account is using "Recovery on" or off? Would you say that the recovery on method, when used is defined as a grid or martingale?

Regards,
Ilios Ellas
I'm not using Recovery at all.
But will play around with the settings of Diamond and Wallstreet in the next month.
Will add a basket manger to take control of the open trades.
This basket manager will use the profit of winning positions to close (partial) losing positions.
See if that will bring a more stable profit curve

I would be interested in learning more about your "basket manager" and how it works.
Let me know.

Thank you for the quick response.

Ilios Ellas
Title: Re: Forex Diamond EA
Post by: reinerh on March 29, 2017, 05:57:53 PM
ilios,

i send ya a pm :)
Title: Re: Forex Diamond EA
Post by: dutchie on March 29, 2017, 09:14:23 PM
YIP!

Hello, Duchie.

Your FX Diamond account is using "Recovery on" or off? Would you say that the recovery on method, when used is defined as a grid or martingale?

Regards,
Ilios Ellas
I'm not using Recovery at all.
But will play around with the settings of Diamond and Wallstreet in the next month.
Will add a basket manger to take control of the open trades.
This basket manager will use the profit of winning positions to close (partial) losing positions.
See if that will bring a more stable profit curve

I would be interested in learning more about your "basket manager" and how it works.
Let me know.

Thank you for the quick response.

Ilios Ellas
I will!
It's learning point for me too.
Will it work or not ????
Using my basket manager for a couple of other EA's already.
Title: Re: Forex Diamond EA
Post by: donbon2 on July 14, 2017, 09:06:35 PM
still have this one stopped .. i watch and analyze some of the live accounts on myfxbook and while it has been getting slightly better lately - still no need to rush in and let it trade live just yet.

since I use best scalper I watch the market pretty closely -- and the problem this EA has is the market when in it enters doesn't move enough to trade properly and it gets caught in bad positions too often .. if the market ever changes again - then it will probably come back.

Title: Re: Forex Diamond EA
Post by: ceperasdf on July 20, 2017, 01:13:29 PM
https://www.myfxbook.com/members/SteadyGrowFX/vffdfcs/2180550
Volatility Factor 2.0 - EURUSD\GBPUSD\USDJPY\USDCHF
Forex Diamond - GBPUSD\USDJPY
Forex Combo System - EURUSD\GBPUSD
Title: Re: Forex Diamond EA
Post by: donbon2 on August 09, 2017, 10:45:09 PM
after looking through the results I have made a couple changes

$yen signals 1 + 3 with recovery
GBP signal 2 with recovery

have enabled these to trade - the performance has picked up with bit more active markets -- ie the early ranges getting bigger so the trades arent getting stuck and stopped out so much.

treat with caution though as this EA has been in a real funk for a while now.
Title: Re: Forex Diamond EA
Post by: donbon2 on August 11, 2017, 10:43:57 AM
those signals I re-enabled have banked good pips last 3 days -- I think that is the key with FD you have to watch the ranges when it enters trades then you will know whether to keep using it or not.
Title: Re: Forex Diamond EA
Post by: donbon2 on August 20, 2017, 11:37:11 PM
yup - those 3 signals seem to be working well - in that showing quite a profit.

the only issue I have is the signals are similar to VF - and so you end up with alot of trades in the same direction in the mornings when you have Best Scalper - FD and VF ... they are different though in terms of take profits etc .. but yeah keep this in mind .. you may only need Forex Diamond or VF 2 and not both especially if your using BS.
Title: Re: Forex Diamond EA
Post by: nick3232 on September 05, 2017, 05:56:39 PM
very good analysis
Title: Re: Forex Diamond EA
Post by: stefanosb on September 24, 2017, 10:33:19 PM
I have seen that forex diamond signal 1 is very very similar to wall street forex robot
Title: Re: Forex Diamond EA
Post by: donbon2 on November 01, 2017, 09:05:09 PM
"you stopped running FTD and FD? Any particular reason or just because it has a bit of drawdown lately?"

basically as soon as I saw GBP moving 100-120 pips in one direction with no retracement - I know this does not suit FD -- so I stopped it for now till some of these larger moves are done.

I am very happy with BS - M H1 and my other EA strategies to make money till the market suits these better - also I would like them to update the EAs to make them less sensitive to help improve performance .. whether this happens or not will tell us whether they will be around next year or not.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 28, 2017, 07:15:54 AM
Great few days for Forex Diamond EA:
Title: Re: Forex Diamond EA
Post by: donbon2 on November 28, 2017, 07:50:28 AM
this one is a tough one - as it trades how I would like an EA to trade but the performance is so choppy.

basically signal 3 is a complete bust ... signal 1 and 2 seem to work but it is a lot of effort and up and down to make a very small amount of money after 12 months.

maybe it is just missing something .... can you look at hours of the day or something ... for example all the worst trades seem to be 18 hours plus -- the best trades less than 4 hours

can you do something there ... like trades longer than 6 hours get out as quickly as possible as the longer the trade is held the more likely it is going bad ?
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 28, 2017, 08:04:40 PM
The exit logic of Forex Diamond EA is very effective. When I develop an EA I try many exit logics and I leave the best working, because every one additional rule you implement it means additional parameters and respectively - higher chance for curve fitting. You can be sure the time exit is one of the first things I try for additional exit logic. But you are right - one important thing is missing and this is the unknown future. It's always easy to look in the past and tell what should be done.
Title: Re: Forex Diamond EA
Post by: donbon2 on November 28, 2017, 08:57:35 PM
well the electronic markets are getting smarter how they move price -- there is absolutely no factoring in of things these days - it is all wait for the numbers or speeches then move -- when it trades like that then it catches this EA out .. and the stops kill the overall performance .. I guess will just keep this till the market pattern changes again.

there is nothing more than I hate - than a 4% profit one month - then a 21% loss the next.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 28, 2017, 09:12:03 PM
Still the bottom line in the end of the year is what matters. Month by month the things could look depressing in many occasions. By the way waiting to see in market sense, often means missing the moment. When you recognize the range the trend comes and the opposite. When you see an EA is doing well and you jump it is often a time to return some of the profit - I've seen this so many times ...
Title: Re: Forex Diamond EA
Post by: donbon2 on November 28, 2017, 09:36:06 PM
I get what your saying in terms of over managing a strategy.

but to me the ideal performance is

+6% +8% -3% +2% +9% -4% etc    so that losses are in proportion to gains ... performance where you have -17% and -21% and the highest profit month is 13.56%  and most are -3% to +7% just tells me the strategy is not perfect for the market.... as it would take 5-6 months to compensate for one bad month and then you have to feel comfortable your not going to get hit with another -15% month to put you further behind.

it is a wait and see for me.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 28, 2017, 11:07:42 PM
I get what your saying in terms of over managing a strategy.

but to me the ideal performance is

+6% +8% -3% +2% +9% -4% etc    so that losses are in proportion to gains ... performance where you have -17% and -21% and the highest profit month is 13.56%  and most are -3% to +7% just tells me the strategy is not perfect for the market.... as it would take 5-6 months to compensate for one bad month and then you have to feel comfortable your not going to get hit with another -15% month to put you further behind.

it is a wait and see for me.

Hello, BonBon2.

Would it be possible for you to include the magic numbers of each EA, in particular, the Wallstreet pairs so that one could analyze each pair and it's success or failure?

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 28, 2017, 11:26:11 PM
Still the bottom line in the end of the year is what matters. Month by month the things could look depressing in many occasions. By the way waiting to see in market sense, often means missing the moment. When you recognize the range the trend comes and the opposite. When you see an EA is doing well and you jump it is often a time to return some of the profit - I've seen this so many times ...


Hello, wallstreet.forex.ro.

Would you please list the settings used in Home / forexwallstreet / WallStreet 2.0 Evolution All 2

https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1) List which EA's are used.
2) List the magic numbers used in each EA
3) List the pairs used by each EA
4) Indicate any special setting ie: Recovery, mode1,2 etc.
5) Attach to this note the ".set" files used in each EA.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 29, 2017, 03:42:33 PM
Still the bottom line in the end of the year is what matters. Month by month the things could look depressing in many occasions. By the way waiting to see in market sense, often means missing the moment. When you recognize the range the trend comes and the opposite. When you see an EA is doing well and you jump it is often a time to return some of the profit - I've seen this so many times ...


Hello, wallstreet.forex.ro.

Would you please list the settings used in Home / forexwallstreet / WallStreet 2.0 Evolution All 2

https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1) List which EA's are used.
2) List the magic numbers used in each EA
3) List the pairs used by each EA
4) Indicate any special setting ie: Recovery, mode1,2 etc.
5) Attach to this note the ".set" files used in each EA.

Regards,
HumbleTrader

Perhaps, Wallstreet missed my earlier post? ???
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 29, 2017, 07:37:42 PM
Which one? About the last one I will check this tomorrow and let you know.
Title: Re: Forex Diamond EA
Post by: kfclass on November 29, 2017, 08:59:06 PM
hi guys where can i get the free version to run some tests ?
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 29, 2017, 09:11:17 PM
I am sorry but I cannot provide more free accounts at that moment. We have very good prices now for all our products - it's a cyber week promo ... and you can always get refund in 60 day period if you do not like it.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on November 30, 2017, 08:29:21 AM
Still the bottom line in the end of the year is what matters. Month by month the things could look depressing in many occasions. By the way waiting to see in market sense, often means missing the moment. When you recognize the range the trend comes and the opposite. When you see an EA is doing well and you jump it is often a time to return some of the profit - I've seen this so many times ...


Hello, wallstreet.forex.ro.

Would you please list the settings used in Home / forexwallstreet / WallStreet 2.0 Evolution All 2

https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1) List which EA's are used.
2) List the magic numbers used in each EA
3) List the pairs used by each EA
4) Indicate any special setting ie: Recovery, mode1,2 etc.
5) Attach to this note the ".set" files used in each EA.

Regards,
HumbleTrader

--------------------- WallStreet ALL 2 --------------------
https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1. WallStreet 2.0 Evolution: USDJPY, USDCHF, USDCAD - AutoMM=2
2. WallStreet ASIA: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, USDCAD - AutoMM=2
3. WallStreet Recovery PRO: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF - AutoMM=2


--------------------- WallStreet ALL 1 --------------------
https://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robots-all/1742982

1. WallStreet 2.0 Evolution: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD - AutoMM=1
2. WallStreet ASIA: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, USDCAD, EURCHF, USDCHF - AutoMM=1
3. WallStreet Recovery PRO: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF - AutoMM=1
Title: Re: Forex Diamond EA
Post by: donbon2 on November 30, 2017, 07:43:06 PM
thanks for coming into the thread and talking about some of these things - hopefully things pick up soon.... at least it gives us confidence that your on top of it and open to chatting about the strategies.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 30, 2017, 08:04:42 PM
thanks for coming into the thread and talking about some of these things - hopefully things pick up soon.... at least it gives us confidence that your on top of it and open to chatting about the strategies.

Yes, BIG change in marketing strategy and "investment",  in one's  clientele.

Thank you.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 30, 2017, 11:06:13 PM
Still the bottom line in the end of the year is what matters. Month by month the things could look depressing in many occasions. By the way waiting to see in market sense, often means missing the moment. When you recognize the range the trend comes and the opposite. When you see an EA is doing well and you jump it is often a time to return some of the profit - I've seen this so many times ...


Hello, wallstreet.forex.ro.

Would you please list the settings used in Home / forexwallstreet / WallStreet 2.0 Evolution All 2

https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1) List which EA's are used.
2) List the magic numbers used in each EA
3) List the pairs used by each EA
4) Indicate any special setting ie: Recovery, mode1,2 etc.
5) Attach to this note the ".set" files used in each EA.

Regards,
HumbleTrader

--------------------- WallStreet ALL 2 --------------------
https://www.myfxbook.com/members/forexwallstreet/wallstreet-20-evolution-all-2/2250695

1. WallStreet 2.0 Evolution: USDJPY, USDCHF, USDCAD - AutoMM=2
2. WallStreet ASIA: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, USDCAD - AutoMM=2
3. WallStreet Recovery PRO: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF - AutoMM=2


--------------------- WallStreet ALL 1 --------------------
https://www.myfxbook.com/members/forexwallstreet/wallstreet-forex-robots-all/1742982

1. WallStreet 2.0 Evolution: EURUSD, GBPUSD, USDJPY, USDCHF, USDCAD - AutoMM=1
2. WallStreet ASIA: GBPUSD, USDJPY, GBPCAD, GBPCHF, EURGBP, USDCAD, EURCHF, USDCHF - AutoMM=1
3. WallStreet Recovery PRO: EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF - AutoMM=1

Thanks again, Wallstreet.

1- I see that in your live account for "WallStreet Recovery PRO" (  https://www.myfxbook.com/members/forexwallstreet/wallstreet-recovery-pro-real/1556514 ), you are only using the EUR/USD, GBP/USD); would you say that this should yield better results than including the remainder pairs ie: ( USDJPY, AUDUSD, USDCHF). That is why I would have liked the individual pairs' magic numbers so I can do an analysis.

2- So, (a) You are using the "off the shelf" settings and changing nothing other than mm = 1 or 2 in each EA?
(b) Is recovery off?


Regards,  :)
HumbleTrader
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 04, 2017, 08:30:36 AM
The Recovery Pro works best on GBPUSD and EURUSD, but you can use it at your convenience on other pairs too. I do not recommend using Recovery Mode as there is recovery trade already, which is risky enough. The magic number analysis should work on all our accounts. We use the default settings from our server.
Title: Re: Forex Diamond EA
Post by: stefanosb on December 11, 2017, 11:29:04 AM
Sorry for my poor english.
I see that FD is going to recover well. But performance this year are not  good. FXAutomater, I'm your customer, are you considering to update this product?

I set up an account to test it in very aggressive condition on GBPUSD:
5% risk for every signal, recovery On to 10% max, stop trading 240 min before and after important news. Start trading on monday h9 stop tranding on friday morning h9.

https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 11:41:04 AM
can you filter to show only signal 2 performance ?  ..... signal 1 and 3 are struggling this year.
Title: Re: Forex Diamond EA
Post by: stefanosb on December 11, 2017, 12:25:20 PM
Ok I have enabled magic numbers analysis,

signal 1 10101   

signal 2 20202   

signal 3 30303
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 05:15:47 PM
if I were you          Signal 2 only  +22.38% DD13.21%

1 + 2 + 3 = +19.14 with DD42.10%

you could run signal 2 only at double lots make alot more and still only have half the DD

this EA has potential but this year has been hard ... I ran 1+2 for Sep and Oct and same as you at that time performance was not good due simply to market conditions.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 06:03:10 PM
if it were me I would run an entry accuracy test and introduce a filter like CMI so that bad positions get closed faster with smaller losses -- this will make profits rise considerably... I don't know how easy/hard this is to calculate and introduce will let Wall Street take a look and see what he thinks.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 11, 2017, 06:23:00 PM
The current exit logic of Forex Diamond EA is as aggressive it is possible to allow the system stays profitable. I do not know what CMI is, but as long you do not know the future, every earlier exit will reduce the performance of the system. If you can be more specific I can be more specific too. As well you never know which position is bad until it is closed.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 06:27:54 PM
also if you run signal 2 only and exclude mondays then you see

+27% DD 9.5%

mondays are a tough day as often we open at high or low - so entry positions aren't as accurate and have more risk.

if you take out Mondays and Fridays then it starts to look better

+57% DD 2%

that is the sweet spot.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 06:42:17 PM
just so you know I tried to do same analysis on the demo reference account - but it isn't same result as he is using different settings

in your setup you get 99 trades
with his setup he gets 136 trades

his profit is like 10% vs yours of 57%

when I look through the trades - he has many SL trigger - where with yours there are very few -- so the news filter is very important for that is how I read that.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 06:46:29 PM
you have 2 large losses - he has 15  - this is big difference.

your average loss 16 pips - his 33 pips.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on December 11, 2017, 06:47:52 PM
just so you know I tried to do same analysis on the demo reference account - but it isn't same result as he is using different settings

in your setup you get 99 trades
with his setup he gets 136 trades

his profit is like 10% vs yours of 57%

when I look through the trades - he has many SL trigger - where with yours there are very few -- so the news filter is very important for that is how I read that.

Hello, Bonbon2.

In summary,  what you are saying is use level 2 and turn off Fx Diamond late Thursday evening and don't turn it on until late Monday evening for best performance.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 06:52:47 PM
"Sorry for my poor english.
I see that FD is going to recover well. But performance this year are not  good. FXAutomater, I'm your customer, are you considering to update this product?

I set up an account to test it in very aggressive condition on GBPUSD:
5% risk for every signal, recovery On to 10% max, stop trading 240 min before and after important news. Start trading on monday h9 stop tranding on friday morning h9."

https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046



this is optimal setting based on the above account -- it is demo though keep in mind .. and only has 3-4 months history

GBPUSD Signal 2  no trades Monday or Friday  - with news filter 240 min and risk as you like

if you see it differently than me please let me know.

Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 07:02:47 PM
"The current exit logic of Forex Diamond EA is as aggressive it is possible to allow the system stays profitable. I do not know what CMI is, but as long you do not know the future, every earlier exit will reduce the performance of the system. If you can be more specific I can be more specific too. As well you never know which position is bad until it is closed."

It is not about the future so much - but you have long history with this EA and a couple of things have become clear.

When a trade is open 10+ hours it is likely to be a loss and the longer it is open - likely full stop loss.

How do we reduce these stops so the system can improve profit --- the key to me is to analyze entry position ... there has to be a point where the cost to keep a position open rises to a point where it is more profitable to close it than to keep it open .... so if we filter opening positions with something like CMI and we can figure out what price level turns a position from good to bad - I think it is going to change this dramatically.

As you see with the other guys setup - even things like removing Mondays makes a huge difference - because Mondays prices are distorted - many SL come on days like that.... I can't code these things but I know what to look for to fix them.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 11, 2017, 07:05:59 PM
Donbon2, what updates you would like to see. The settings are updated a few months ago. By the way I do not believe in the news filter, but I've implemented this by a request from our users. This is the most complicated useless by my opinion modification I've ever done. Do you know why is that - the news are part of the market - they create volatility and we need a volatility to scalp the market. This is why exactly the GBPUSD is the best pair for scalping - because it is the most volatile one. This is not just an opinion - it is based on hundreds of tests.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 07:13:30 PM
you can see what I am talking about via the previous stats.

looking at his account over same period with slightly different setup

99 trades 2% DD 57% gain  ........... average loss 16 pips average profit 11 pips

your ref account is average loss 33 pips average gain 11 pips and trade length is about 30 minutes longer than his with 136 trades

it doesn't take much to drastically alter the profitability once you remove out the larger losses.... so we must look at this part of the EA.... entry filter -- exit calculation where better to take small loss than big loss.

I would prefer to see like 1 year comparison but that data isn't available.

Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 11, 2017, 07:20:47 PM
Here is the deal Ė tell me what exactly modification you think will be helpful. I will implement it, test it and show you the results.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 07:36:11 PM
let me set up an account and put Stefans idea and couple modifications on it - and see that it matches first on a real account.... and we see for sure profit rises and DD drops .. if that happens then we can go through some more tests and figure it out from there.

news can rescue bad trades and increase profits on good trades -- but the enemy here is the 60 pt stops..... Stefans account showed only 2   40+ pip stops over 3 months.

his account had 11/100 losing trades
FD Demo had 21/136 losing trades    ... using same period and same signal and I removed Mondays and Fridays as well.

but FD demo had 6   60+ SL and many 30-40 pip SL so news filter did play a part in reducing the losses in this case.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 09:15:19 PM
OK I added FD 2 to a small M H1 account I started as a test .. settings are

Signal 2 Only

Monday Start 23
Friday End 2 close all 16

this I thought was best so that it is automated and not me turning on or off - any suggestions on changing times to something else let me know

Recovery On Risk 5 Max 10

News On 240 before and after
medium news off
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on December 11, 2017, 11:25:28 PM
OK I added FD 2 to a small M H1 account I started as a test .. settings are

Signal 2 Only

Monday Start 23
Friday End 2 close all 16

this I thought was best so that it is automated and not me turning on or off - any suggestions on changing times to something else let me know

Recovery On Risk 5 Max 10

News On 240 before and after
medium news off

Hello, Donbon2.


Following your settings as well. Let's hope for green pips.  :)

Regards,
HumbleTrader

Title: Re: Forex Diamond EA
Post by: donbon2 on December 11, 2017, 11:47:06 PM
I will leave these accounts in my sig so you can compare -- when more profits come in with just keep adding some new accounts with different combinations and see how they go.

Really the EA forum is so quiet because so many EA's are having trouble with the markets - it is so hard to find a good EA these days.

Cabex and SFE both ones I have kind of lucked out not buying them to be honest ... and hopefully we can keep working with FX Automater and get some profits out of those as well.

good luck to us all.
Title: Re: Forex Diamond EA
Post by: stefanosb on December 12, 2017, 08:37:39 AM
very interesting discussion, thanks to everyone.

to be more precise my setting are:
5% risk for every signal. Recovery on max 10%.
Monday morning start 10 in the morning
Friday stop 10 in the morning
Do not exit trade if they are still open at the end of the session (never happened in these months), I do it setting the exit hour = 25
News filter only for important news On 240 min before and after news.

I used many times FD but I'm never been very happy with this EA but probably was my fault.
I noticed some things.
In Signal 1 the entry logic is very similar to wall street forex robot. I used both at the same time and the most part of the time the first entry of FD1 was the same. I think Wall streer evo have a smarter exit logic, but I didn't test enought to be sure.
As Donbon2 said usually when the trades last many hours I noticed they most time go in the wrong direction, and this ea like WS have huge stop loss.

I have to say that FD is very interesting because has three entry for every signal (max) ed different logic to diversify.
I'll let this test go and we will see.






Title: Re: Forex Diamond EA
Post by: stefanosb on December 12, 2017, 10:37:35 AM
I have backtested it with these settings, starting from 1-1-2013 GBPUSD

test 1 spread 2 pips

test 2 spread 0.6 pips (IC market ecn, but I can't add commissions)
Title: Re: Forex Diamond EA
Post by: donbon2 on December 12, 2017, 08:49:45 PM
Stefan,

looking through your account which was a great help by the way showed you can drastically alter the risk by making a few changes.

Don't open any trades on Mondays - just let it trade Tuesday/Wednesday/Thursday ... why -- because often Mondays open at the highs or lows and when Europe comes in they push the market one way and it just stops out FD

Don't open trades Fridays -- not sure on this one - its a typical data day so I imagine just too many stops.

Don't trade signals 1 + 3 - both of these increase DD and way too many 60 pip stop losses.

If you do these things all of a sudden your account makes 57% and DD is only 2% -- alot better than leaving as is.

I am testing this on a real account now and it will take some time to confirm it works as it should .. so there is hope here - but keep in mind making these changes also reduces the number of trades quite a bit.
Title: Re: Forex Diamond EA
Post by: stefanosb on December 13, 2017, 02:46:34 PM
Thank you Donbon2.

I have backtested my settings with every single signal and a spread of 2 pips (which is in my opinion too high for this ea), on GBPUSD.

Signal 2 worked better on backest since june 2017, right.

Other thing that I have noticed is that is important to use percentual money management and recovery like this account:

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-all-pairs/736079

and not fixed lot like this:

https://www.myfxbook.com/members/forexgermany/forex-diamond/1344920

I also tried to backtest setting an half stop loss value instead of default value but the results were a disaster. So we have to keep default stop loss settings.

Bye bye.







Title: Re: Forex Diamond EA
Post by: donbon2 on December 13, 2017, 11:20:55 PM
the backtests are meaningless as they don't include the news filter -- looking at your trades vs the FD demo - this makes a big difference.

I tried to backtest myself adding the time filters and it gives me a PF of around 7 ... but like I said it is meaningless due to the news filter.

I am going to leave the thing running on my live account and see how closely it matches what you have seen -- last night it had those couple of profit trades but then 2 40 point stops .. and a couple trades this morning .. but unfortunately that is a Pepperstone account I'm using and their GBP prices have been shocking this morning ... so guess we just leave it and see how it goes.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 17, 2017, 12:11:36 AM
This EA has basically one issue -- because TP are 8-25 pips and stop losses are 40-70 points -- the absolute death of it is when you hit a series of stops it takes a while to recover.

After Stefan posted his account and looked through it - it was clear which settings to use - but then this week 3 SL took away the performance ... I think it will be alright because we have removed alot of the volatility he sees in his settings but doesn't mean it is smooth sailing.

It to me is clear that markets have changed from 12 months ago - and you really have to be razor sharp in your analysis of any strategy at the moment otherwise you will be in DD straight away fighting to recover.
Title: Re: Forex Diamond EA
Post by: stefanosb on December 18, 2017, 03:33:37 PM
This monday morning was a disaster on accounts that always trade. My (demo) account started working at 10 in the morning and got two good trades. That was lucky and maybe casual but trade early monday morning for me is not a good idea.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 20, 2017, 08:57:08 AM
FX Automator can you look at this and see if you have any ideas.

On Stefans accounts S2 all the losses come from positions opened for 11-15 hours .. the profits come from an average much lower than this --- would it be possible to have such a thing that at 8 hours - it tries to exit the trade at breakeven .. or looks at the current range

ie  current day range is 1.3372 - 1.3420  --- it is short at 1.3375 -- and figures out a optimal loss point to close the position.

I say this as we need to reduce the average loss - and all the trades follow a similar pattern -- profit vs loss.

https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

what do u think ?
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 20, 2017, 12:36:39 PM
If I understand correctly you need to rush the exit of the trade if it stays open more than 8 hours?
Title: Re: Forex Diamond EA
Post by: donbon2 on December 20, 2017, 04:57:48 PM
yes I want to see what happens to the performance if after 8 hours it has an option to close at breakeven if possible

or if it maybe more profitable to exit the position and just wait for the next signal if the loss is like 10 points or less ... I want to try to reduce the average loss somehow .. it may work or it may look like crap and back to the drawing board.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on December 20, 2017, 07:06:33 PM
OK, I've tried this very fast on my working version. I am doing it for you, because I know the result in advance, as I am testing different variations of this approach on every EA I develop. The thing here is that closing the trade prematurely you do not give a chance of the exit trading logic to take the best statistically possible exit. As you see the pattern is very clear. The pattern with time and close at breakeven is better, but still inferior to the original logic.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 20, 2017, 10:12:44 PM
makes it hard doesn't it - can't alter exit logic

I don't know really - doesn't appear to be able to changed.

What is your email ? - I just did a EURNZD 15m using PP and ATR -- if you have time take a look and see if you think anything could be improved.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 24, 2017, 06:39:20 AM
WS Asia +0.82%
FGI +1.32%
Evo -0.15%

I decided to just end using Evo - simply because the stops kill the small profits it makes .. the market doesn't suit it at this time -- the FGI seems good actually although I imagine Gold will drop next year - hopefully it can handle that.

WS Asia - I'm torn between using that or going with Best Free Scalper -- probably go with Best Free Scalper as WS Asia does GBPUSD and I don't need that with Best Scalper doing EURUSD and GBPUSD.

Overall some changed to make heading into 2018 -- will update the sig accounts when I settle on the new strategies.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on December 24, 2017, 04:38:22 PM
WS Asia +0.82%
FGI +1.32%
Evo -0.15%

I decided to just end using Evo - simply because the stops kill the small profits it makes .. the market doesn't suit it at this time -- the FGI seems good actually although I imagine Gold will drop next year - hopefully it can handle that.

WS Asia - I'm torn between using that or going with Best Free Scalper -- probably go with Best Free Scalper as WS Asia does GBPUSD and I don't need that with Best Scalper doing EURUSD and GBPUSD.

Overall some changed to make heading into 2018 -- will update the sig accounts when I settle on the new strategies.


Hello, Donbon2 and Happy Holidays.

Just to clarify a point:Since your post is under the thread of ForexDiamond,  we are putting Diamond to sleep as well?

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: donbon2 on December 25, 2017, 12:53:37 AM
yeah I am going to retire FD - it is all about the efficient use of capital - and I am just not convinced that until the market changes that I should bother with it.

I'm thinking BS  BFS and mom H1 and I may release a few eas that I made that show potential as well.

scalpers overall are just out of sorts at the moment --- ie if I can make 15% with M H 1 - why bother with FD.

anyway I am going to make some changes and you will see the updates that I am going to use for 2018.
Title: Re: Forex Diamond EA
Post by: donbon2 on December 28, 2017, 11:25:14 PM
there is no problem with FD win rate it is like 77-80%

it is just the cost of the stops

https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

maybe it is as simple as the market changing next year -- lets see.
Title: Re: Forex Diamond EA
Post by: Nadir on January 12, 2018, 08:38:33 PM
Omg please don't cite the bots, now even after post removing from the mods, the message still remains in the cite. You basically worked for the bot.

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Title: Re: Forex Diamond EA
Post by: reinerh on January 12, 2018, 08:48:22 PM
Omg please don't cite the bots, now even after post removing from the mods, the message still remains in the cite. You basically worked for the bot.

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fixed, mods hard at work, nice.
Title: Re: Forex Diamond EA
Post by: donbon2 on January 30, 2018, 09:02:50 PM
https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

absolutely destroyed
Title: Re: Forex Diamond EA
Post by: CanadianPsycho on January 30, 2018, 09:35:27 PM
Had a single gaining month before it went kablooey.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on January 30, 2018, 09:51:42 PM
https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

absolutely destroyed

With this risk settings plus recovery is all or nothing for Forex Diamond EA. In this case - nothing. But yes - bad period definitely.
Title: Re: Forex Diamond EA
Post by: CanadianPsycho on January 30, 2018, 11:48:22 PM
I think is was Harmonics Trader that showed a near blowout in equity in backtests, but came back roaring into the green. So even out of these bad periods, these things can recover but will this one do so? We'll have to see.
Title: Re: Forex Diamond EA
Post by: stefanosb on January 31, 2018, 10:00:31 AM
https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

absolutely destroyed

With this risk settings plus recovery is all or nothing for Forex Diamond EA. In this case - nothing. But yes - bad period definitely.

Yes, on the manual is written:
"If your account is significant in extent and importance and you want to avoid taking unnecessary risks, then you should settle for AutoMM values between 0.5 and 1.5 per cent risk per individual transaction. In such cases, you can expect an annual return on investment in the order of 20 to 80 per cent.
If your account is not significant in extent or importance, and if you can afford to assume significant risk, then you can probably afford to select AutoMM values between 2 and 5 per cent per individual transaction. In such cases, you can expect a return on investment in the order of 100 and 400 per cent per year. Bear in mind, however, that the level of risk assumed means that the chances of losing the entire account are much greater."

In this case AutoMM was 5% with recovery On. It was just a test.
I backtested it setting spread 2.0 pips (20 on mt4) same period shows result of  -61%. starts with 1000 euros ended with 384 euros.
 
Title: Re: Forex Diamond EA
Post by: IFFTrader on January 31, 2018, 10:42:42 AM
GU is worst pair in FD for past weeks. My account is struggling but I don't turn on recovery but bad enough for me to think switching off GU. On the other hand UJ is recovering and doing well though not good enough. Overall is loosing but not as bad as the account shared above.

Sent from my MI 5C using Tapatalk

Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on January 31, 2018, 12:27:09 PM
I appreciate your understanding guys! Something you can do is to switch off Strategy 3 and/or decrease the allowed trades from 3 to 1 for each strategy. This will reduce the overall profit, but the DD will be much more tolerable.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on January 31, 2018, 08:49:55 PM
https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

absolutely destroyed

With this risk settings plus recovery is all or nothing for Forex Diamond EA. In this case - nothing. But yes - bad period definitely.

Yes, on the manual is written:
"If your account is significant in extent and importance and you want to avoid taking unnecessary risks, then you should settle for AutoMM values between 0.5 and 1.5 per cent risk per individual transaction. In such cases, you can expect an annual return on investment in the order of 20 to 80 per cent.
If your account is not significant in extent or importance, and if you can afford to assume significant risk, then you can probably afford to select AutoMM values between 2 and 5 per cent per individual transaction. In such cases, you can expect a return on investment in the order of 100 and 400 per cent per year. Bear in mind, however, that the level of risk assumed means that the chances of losing the entire account are much greater."

In this case AutoMM was 5% with recovery On. It was just a test.
I backtested it setting spread 2.0 pips (20 on mt4) same period shows result of  -61%. starts with 1000 euros ended with 384 euros.

I am really glad that someone reads and understands the things I wrote.
Title: Re: Forex Diamond EA
Post by: donbon2 on February 01, 2018, 11:13:03 AM
the frustrating thing with it is the win rate is so good - anyway most scalpers are cactus at the moment.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 01, 2018, 11:53:23 AM
You looks like a smart man and you should understand that the win rate means nothing. You can have a strategy with 1 pip TP and 1000 pips SL and you will have win rate 99.99% and so what. What matters is the average pips per trade, the profit factor and the recovery factor. But listening you I can make one conclusion - you still think that the Holy Grail of the trading is somewhere there waiting to be discovered. This reminds me one of my friends - when I showed him a chart with a stochastic on it, his first words was "This is so easy, how someone can lose money on this?" ... but when you start digging deeper and deeper you understand that stealing pips from the smartest guys in the world is next to impossible and complaining that some system is imperfect is like complaining we all are going to die someday. I've spend years and years trying to improve each of my systems and you can bet this is the best you can get for this price. Of course if you spend millions hiring the smartest people in the world you can get some ultra-sophisticated system like some deep neural learning which takes in consideration even the phases of the Moon, the hurricanes and which recognizes every stupid word which comes from the Trump's mouth ... and at the end you will still have bad periods and SL hit. Predicting the future is what we are dealing here ... and it is next to impossible.
Title: Re: Forex Diamond EA
Post by: donbon2 on February 01, 2018, 12:24:32 PM
I understand 100%
Title: Re: Forex Diamond EA
Post by: jwatts7701 on February 01, 2018, 06:34:55 PM
https://www.myfxbook.com/members/stefanosb73/forex-diamond-gbp-recovery/2269046

absolutely destroyed

donbon man, sometimes i feel like you are just waiting for wallstreets algos to blow up so you can rub it in and sensationalize it.

Sorry i don't mean any offence by this. But "absolutely destroyed" doesn't add much productiveness here. I would say cut mr. Wallstreet some slack. Its not his account and the user maxed it with full risk settings.

Wallstreet's here trying to help us all out and even offering free tools, and I am for one appreciating his comments and posts here in the forum.

I'm just giving you a little love Wallstreet, as I know its easy for people to sit here and throw mud each time the market serves up bad conditions for some of your EAs. But I appreciate you trying to at least provide some products support them and improve on them.

Obviously we have no gaurantees. But with some education i think we can get some long-term pips from them. I have bought most of these a while back and have been reviving some of this over the last months and have some good success. So thanks. Lets keep things productive and focus on ways to impove things over time.

Title: Re: Forex Diamond EA
Post by: donbon2 on February 01, 2018, 07:56:12 PM
it is not that at all - sorry you feel my posts read that way.

I must own 20 licences under 2 email addresses with WS (I own all his EAs)- I have a large interest in them being successful .. but unfortunately the market just isnt working for them right now ... FTD and FGI are the 2 to use at the moment.

yeah not much more I can say really - I like to see success for some reason makes me happy :)
Title: Re: Forex Diamond EA
Post by: jwatts7701 on February 02, 2018, 12:38:25 AM
It's all good. Could have just been the way I was interpreting it as well. You know how it is in cyberspace these days... ;)
Title: Re: Forex Diamond EA
Post by: stefanosb on February 15, 2018, 10:13:11 AM
there is a new version of this EA. Thank you for keeping it updated.
Title: Re: Forex Diamond EA
Post by: Nadir on February 15, 2018, 10:16:23 AM
It says that the old versions are shut down.

But when? I'm not at home and can't do it right this instant.

Also do I need to do backtests again (because some changes in the strategy were made) or can I trust my old backtests?

Greetings

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Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 10:20:24 AM
Hello,

The new version is meant to be safer with higher profit factor and more average pips per trade. You should not worry - just change with the new version when you can.
Title: Re: Forex Diamond EA
Post by: pipsbuster on February 15, 2018, 10:29:39 AM
Is it really a dimond or yet another piece of crap unloaded onto you for the vendor's profit? Is anyone here profiting with it immensely on live accounts they're willing to show?
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 10:41:40 AM
This is a free update and a free MT5 version, so I do not know what you are asking.
Title: Re: Forex Diamond EA
Post by: goodexp on February 15, 2018, 11:04:15 AM
『Finally, we would like to suggest an alternative way of using Forex Diamond EA - changing the Max_Orders parameter from 3 to 1 of each strategy  you will have safer but still profitable strategy. In this case you can increase reasonably the risk you apply.』
Title: Re: Forex Diamond EA
Post by: goodexp on February 15, 2018, 11:16:20 AM
@wallstreet.forex.robot  could you explain what's update details? News filter?
Title: Re: Forex Diamond EA
Post by: pipsbuster on February 15, 2018, 11:45:30 AM
This is a free update and a free MT5 version, so I do not know what you are asking.

You never do until it loses money - while you have charged for something else to get it.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 11:54:24 AM
@wallstreet.forex.robot  could you explain what's update details? News filter?

There is a news filter in the EA. The changes are in the trading logic and settings with one primary goal - reducing the drawdown and increasing the average expectancy. The trading frequency is reduced, because some of the weaker signals are filtered out, so the EA will be safer and I hope more effective. As well we developed an MT5 version and we are working hard to provide this for all our robots.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 12:11:49 PM
This is a free update and a free MT5 version, so I do not know what you are asking.

You never do until it loses money - while you have charged for something else to get it.

Any trading system has its bad periods. If you do not realize that, any discussion is pointless. We provide free updates, upgrades and support to all our products even for those released 5-8 years ago. If you know another EA vendor which is doing this, please let me know!
Title: Re: Forex Diamond EA
Post by: pipsbuster on February 15, 2018, 12:14:47 PM
This is a free update and a free MT5 version, so I do not know what you are asking.

You never do until it loses money - while you have charged for something else to get it.

Any trading system has its bad periods. If you do not realize that, any discussion is pointless. We provide free updates, upgrades and support to all our products even for those released 5-8 years ago. If you know another EA vendor which is doing this, please let me know!

If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 12:34:04 PM
This is a free update and a free MT5 version, so I do not know what you are asking.

You never do until it loses money - while you have charged for something else to get it.

Any trading system has its bad periods. If you do not realize that, any discussion is pointless. We provide free updates, upgrades and support to all our products even for those released 5-8 years ago. If you know another EA vendor which is doing this, please let me know!

If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.

All my systems are without any doubt long-term profitable, if they are used with proper risk management. They have bad periods which can blow accounts for some users and I do not argue with that. Some of the systems are more broker sensitive than others. Anyway, you seem prejudged and act offensive ... so, thank you for sharing your opinion.
Title: Re: Forex Diamond EA
Post by: Nadir on February 15, 2018, 01:24:03 PM
Wow pips, you are really salty about forex recently. Wally doesn't deserve your aggression, he is helping in general and even giving free stuff (bfs) here. If your forex dream-bubble busted, I'm sorry, but don't let it out on innocent peops.

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Title: Re: Forex Diamond EA
Post by: dasher1980 on February 15, 2018, 01:58:36 PM
Quote
If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.

if that your starting point for each vendor, why buy EA's in the first place. I get what you are saying. But in that case it probably means you shouldn't buy any EA and only trade manual. In that case you reached at the wrong section of this Forum

Wallstreet Forex, would you have any live or demo myfxbook for the new settings, so I can see how it compares to the current version?
Title: Re: Forex Diamond EA
Post by: anglebird on February 15, 2018, 03:33:11 PM
Back in 2015 I made $3500 with only $300 within 3 months of trading with this EA, yes it's a huge risk I manage 60% DD on that period but more than 1000% profit only in 3 months, it's more than worth it. And today I recieve an email for new version, can't wait to try it and make another 1000%+ profit again.. ;D ;)
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 03:56:59 PM
Quote
If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.

if that your starting point for each vendor, why buy EA's in the first place. I get what you are saying. But in that case it probably means you shouldn't buy any EA and only trade manual. In that case you reached at the wrong section of this Forum

Wallstreet Forex, would you have any live or demo myfxbook for the new settings, so I can see how it compares to the current version?

We have several real and demo accounts but they are just too young to be shown. You can be sure the new settings are safer. The downside is that the high trading frequency everyone like is reduced a little bit, but this is the price of the increased reliability.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 04:12:32 PM
Back in 2015 I made $3500 with only $300 within 3 months of trading with this EA, yes it's a huge risk I manage 60% DD on that period but more than 1000% profit only in 3 months, it's more than worth it. And today I recieve an email for new version, can't wait to try it and make another 1000%+ profit again.. ;D ;)

Thanks anglebird - I wish your case is the usual one, but I know the reality is much harsher and many people just does not have your luck. Anyway it is good to know that the coin has two faces.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on February 15, 2018, 04:37:31 PM
Quote
If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.

if that your starting point for each vendor, why buy EA's in the first place. I get what you are saying. But in that case it probably means you shouldn't buy any EA and only trade manual. In that case you reached at the wrong section of this Forum

Wallstreet Forex, would you have any live or demo myfxbook for the new settings, so I can see how it compares to the current version?

Here is the comparison of the backtests with the new and the old settings for GBPUSD. You can see the difference - the green is good and the red is not so good, but I am sure you can figure this out. The settings for the other pairs are safer too, but of course ... the future is unknown.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on February 17, 2018, 03:50:01 PM
Quote
If your systems did not blow accounts eventually, you would be in asset management instead of selling them at like $199.

if that your starting point for each vendor, why buy EA's in the first place. I get what you are saying. But in that case it probably means you shouldn't buy any EA and only trade manual. In that case you reached at the wrong section of this Forum

Wallstreet Forex, would you have any live or demo myfxbook for the new settings, so I can see how it compares to the current version?

Here is the comparison of the backtests with the new and the old settings for GBPUSD. You can see the difference - the green is good and the red is not so good, but I am sure you can figure this out. The settings for the other pairs are safer too, but of course ... the future is unknown.

Thank you wallstreet.forex.

I would welcome any new myfxbook, demo or real, on the new updated version, as soon as you have some monthly data.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: diyforexskills on February 17, 2018, 11:38:15 PM
This is a free update and a free MT5 version, so I do not know what you are asking.

You never do until it loses money - while you have charged for something else to get it.

Any trading system has its bad periods. If you do not realize that, any discussion is pointless. We provide free updates, upgrades and support to all our products even for those released 5-8 years ago. If you know another EA vendor which is doing this, please let me know!

Providing free upgrades is in my opinion a good policy and as a vendor I applaud you for that, and for the BFS.

Post modified. Please try to contain discussion referencing your own products to relevant vendor threads. :)
Title: Re: Forex Diamond EA
Post by: Nadir on February 28, 2018, 12:38:48 PM
It's really quiet with the new version. Before, the whole day I had a lot of things going on, always some open trades, many wins and losses per day. Now just a few actions per day. But that's ok, it's better for the heart

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Title: Re: Forex Diamond EA
Post by: jat41 on March 06, 2018, 11:30:11 PM
@Wallstreet

Would you recommend using an ecn account when trading Diamond, or would a good tight variable account do? Also, this question would be relevant to WS Forex Robot as well...WS Asia I take as a given:)

I appreciate your experienced opinion!
Title: Re: Forex Diamond EA
Post by: Anchorpoint on March 20, 2018, 01:47:04 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.   
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 20, 2018, 02:17:08 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.

Hello, Anchorpoint,

When you say, "all pairs", which ones are you using? I am only using USD/JPY, which it too is a great green pip provider.

Regards,
HumbleTrader  8)
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on March 20, 2018, 02:18:57 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.

The new settings was definitely safer with higher profit factor - this was my goal. Anyway - the market has the last word.
Title: Re: Forex Diamond EA
Post by: Anchorpoint on March 20, 2018, 02:31:16 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.

Hello, Anchorpoint,

When you say, "all pairs", which ones are you using? I am only using USD/JPY, which it too is a great green pip provider.

Regards,
HumbleTrader  8)

All four pairs. EU GU and UY seem to perform very similar pip wise. UC very little activity and probably not worthwhile. See attached screenshot of last month trading
Title: Re: Forex Diamond EA
Post by: jwatts7701 on March 20, 2018, 02:38:21 PM
Wallstreet do you expect volume to go down a lot with the newest version?
Title: Re: Forex Diamond EA
Post by: alstoner on March 20, 2018, 03:23:01 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.

Hello, Anchorpoint,

When you say, "all pairs", which ones are you using? I am only using USD/JPY, which it too is a great green pip provider.

Regards,
HumbleTrader  8)

All four pairs. EU GU and UY seem to perform very similar pip wise. UC very little activity and probably not worthwhile. See attached screenshot of last month trading

Thanks for sharing your results. Completely forgot about this one and missed the new version release. Will dust it off, see what happens and report back, thanks!
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 23, 2018, 12:34:37 PM
Hello, Wallstreet,

  I wonder if you could provide us with the set files used in the demo or live accounts used in your Web pages.  Upon some analysis,  I find that Syst 1-3, seems to be active in some cases and turned off in others.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on March 23, 2018, 01:04:41 PM
I think it is all default in the current moment.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 24, 2018, 01:16:01 PM
I think it is all default in the current moment.

Hello, Wallstreet.

Will you please verify that:

1-  "all"  Syst (1-3) are active (default).

2-  Upon analysis, I find that:

Syst1 = Monthly: 4.83%, Drawdown: 5.30%
Syst2 = Monthly: 0.46%, Drawdown: 3.2%
Syst3 = Monthly: -1.09%, Drawdown: 9.73%

Would turning off Syst2 and Syst3, be interfering in the logic of the EA, since at times it uses Syst2 and additionally Syst3, as a type of recovery, to reduce DD, hoping for a reversal if a trade goes bad, at times increased risk in case there is a one way DD?


https://www.myfxbook.com/members/forexdiamond/forex-diamond-usdjpy/2325060

Regards,
HumbleTrader

Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on March 26, 2018, 11:30:43 AM
Hi, it is default on all systems with AutoMM=5 - just checked it. About turning off/on the systems - yes it will affect the performance, as the different systems trade in one "basket" :)
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on March 26, 2018, 11:32:21 AM
Hi, it is default on all systems with AutoMM=5 - just checked it. About turning off/on the systems - yes it will affect the performance, as the different systems trade in one "basket" :)

Thank you, Wallstreet.

Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: Pauke on April 04, 2018, 03:18:47 PM
FxDiamond v6 seems to be made for "All pairs" but nobody wants to trade all pairs. On what pairs are you running v6 with best results?
Title: Re: Forex Diamond EA
Post by: BBrewer on April 04, 2018, 03:35:49 PM
Since new version 6 was launched a month ago, FxDiamond performance has been consistent and positive on all pairs.  Last month up 5.5% trading 2% risk and 2% DD. Seems like vendor now has got much better settings for this market.

Hello, Anchorpoint,

When you say, "all pairs", which ones are you using? I am only using USD/JPY, which it too is a great green pip provider.

Regards,
HumbleTrader  8)

All four pairs. EU GU and UY seem to perform very similar pip wise. UC very little activity and probably not worthwhile. See attached screenshot of last month trading

Do you see good performance from all signals 1, 2, and 3 across all pairs? 
Title: Re: Forex Diamond EA
Post by: donbon2 on April 13, 2018, 10:37:11 PM
I'm running all three - seems better - less trades more likely to make a profit and lower SL

the issue with FD is in usdyen .. there are 2 patterns that hurt it.

at end of New York where usdyen is slowly rising then in asia it keeps going up and in london it spurts higher and the 80-90 pip rise catches it out and takes a decent loss .... the other one is where it rallies 80-90 points -- it sells makes 7-9 pips then goes long -- .. next thing the market is 50 pips lower - another decent loss.

honestly I don't know how you avoid these 2 specific patterns -- but that is the only thing keeping it from being a topshelf EA.

the old settings opened too many trades got caught all the time - and the entry levels werent precise enough.

its 7/10 right now imo
Title: Re: Forex Diamond EA
Post by: donbon2 on June 03, 2018, 11:15:07 PM
WS

put in support ticket for the news filter not working on usdyen but works on everything else
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 04, 2018, 06:44:58 AM
I will kindly ask you to create a support ticket, or write to support@forex-diamond.com, or support@wallstreet-forex.com. The support guys have to earn they salary.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 04, 2018, 06:56:54 AM
I put in ticket this morning -= waiting on answer
Title: Re: Forex Diamond EA
Post by: donbon2 on June 04, 2018, 07:28:20 AM
they are useless
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 04, 2018, 07:52:40 AM
Just checked it on two terminals on different PCs and on a VPS and it works without a problem. You can try a fresh MT4 installation and another computer... but probably I am useless too. The useless support team also checked this in order to help you. It is working 100%.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 05, 2018, 12:22:26 PM
its got nothing to do with you.

but the support guy telling me it works for him and reboot mt4 or install the mac version - is not really much of a help - considering I have done those.

also it works on FD EUR and GBP it just doesnt work on YEN ... anyway I couldnt be bothered sending in another ticket so I just disabled it on usdyen and now I dont get those messages.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 05, 2018, 12:50:57 PM
You just do not have an idea how many issues are related with mess up client's terminals, or operating systems, or other unrelated with the product issues. The guys tried to help you as they help a lot of users every day since we are on the market. I saw the replay and it was absolutely adequate and king ... and you are saying with light hand in public that my colleagues are useless. If you are not willing to cooperate no one can help you.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 05, 2018, 12:59:04 PM
I know english is probably not your first language - so what I am saying is it is no problem - I read the response - I already did what was suggested - it didnt resolve the situation.

after being told it works for him - that doesn't interest me - only my terminal interests me.

So I have made the choice to just disable it rather than torture myself communicating with the support... because he is not understanding what I am telling him.

anyway I dont want to tie up the thread on this .. cheers.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 05, 2018, 01:05:19 PM
This is why this is not the place for resolving support issues ...
Title: Re: Forex Diamond EA
Post by: taipan888 on June 06, 2018, 09:43:29 AM
YIP!

Hello, Duchie.

Your FX Diamond account is using "Recovery on" or off? Would you say that the recovery on method, when used is defined as a grid or martingale?

Regards,
Ilios Ellas
I'm not using Recovery at all.
But will play around with the settings of Diamond and Wallstreet in the next month.
Will add a basket manger to take control of the open trades.
This basket manager will use the profit of winning positions to close (partial) losing positions.
See if that will bring a more stable profit curve

Hi Duchie,

I am interested in your basket manager. Can you send me a link to it?

Thanks!
Title: Re: Forex Diamond EA
Post by: jwatts7701 on June 06, 2018, 02:37:28 PM
Wallstreet, in all fairness, i think what donbon is saying, is that simply saying "it works for me" doesn't really provide much help.

I have the same problems. Clearly there is something wrong with the filter. if it works for some, and not others, does not mean "it works" there is some underlying issue that someone has to attempt to figure out. If it is a hardware issue, then further investigation is warranted.

I get the same issue on all of your EAs.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on June 06, 2018, 08:30:51 PM
Our support team offered some concrete options and they always provide further assistance, if the problem is not resolved and the user cooperates.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 10, 2018, 10:45:03 PM
did you update this over the weekend ?

it wont load this morning --- VF and WSEvo do.
Title: Re: Forex Diamond EA
Post by: donbon2 on June 11, 2018, 12:15:55 AM
its working now
Title: Re: Forex Diamond EA
Post by: GeoffJG on August 23, 2018, 11:45:41 PM
Forex Diamond 6 is not working with my broker IG Index. It will not place orders because, it would seem, of a programming shortcoming. It generates the message: unknown symbol name GBPUSD(?) for OrderSendFunction
where the symbol suffix (£) is not recognised. We don't all live in $ land!
I am getting the same problem with Best Free Scalper - maybe the same code?

Cheers, Geoff
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on August 24, 2018, 09:56:46 PM
I am really sorry, but we ca not release new versions just because some careless broker has decided to put some alien symbols in the suffixes.
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on August 24, 2018, 10:06:06 PM
You can contact the support about this.
Title: Re: Forex Diamond EA
Post by: GeoffJG on August 28, 2018, 03:32:33 PM
I don't see how the pound symbol can be considered alien in the forex market?

That the symbol is (apparently) hard coded is just sloppy programming. Diamond 4 doesn't have the problem so it's not all improvements in 6!  :(

Geoff
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on August 28, 2018, 05:50:38 PM
I don't see how the pound symbol can be considered alien in the forex market?

That the symbol is (apparently) hard coded is just sloppy programming. Diamond 4 doesn't have the problem so it's not all improvements in 6!  :(

Geoff

What does support say?


Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: nick3232 on August 28, 2018, 09:03:17 PM
I don't see how the pound symbol can be considered alien in the forex market?

That the symbol is (apparently) hard coded is just sloppy programming. Diamond 4 doesn't have the problem so it's not all improvements in 6!  :(

Geoff

it's a way to complicate life of ea traders users, switch broker
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on August 28, 2018, 09:16:42 PM
I don't see how the pound symbol can be considered alien in the forex market?

That the symbol is (apparently) hard coded is just sloppy programming. Diamond 4 doesn't have the problem so it's not all improvements in 6!  :(

Geoff

The symbol is not hard coded - the order send function is sending the exact "name" of the symbol as it should and this is working just perfect everywhere ... until some "genius" decides to put a pound symbol in the suffix.
Title: Re: Forex Diamond EA
Post by: GeoffJG on August 30, 2018, 10:14:49 AM
Well, however it's coded Forex Diamond 6 - and Best Free Scalper and Wall Street Forex Robot that perhaps share code - have a problem that other robots don't.

The "genius" works for IG which is the largest spread betting company in the UK, over forty years old and with an annual revenue of over half a billion pounds. If you are happy to ignore such a large section of the market then maybe your business success already exceeds IG's?

Cheers, Geoff
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on August 30, 2018, 11:16:26 AM
From over than 10 thousand users in all kind of brokers all over the world and for the last 10 years, we have exactly 3 complaints about such an issue, so I am not going to lose my sleep over that. Anyway my people are investigating this.
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on August 30, 2018, 03:02:30 PM
From over than 10 thousand users in all kind of brokers all over the world and for the last 10 years, we have exactly 3 complaints about such an issue, so I am not going to lose my sleep over that. Anyway my people are investigating this.


This may be a naive question,  but why do these brokers include these suffixes in the first place when they know such will present issues for users? 
I suspect in this instance, a "broker", may be trying to change an EA rather  than bother to change their policy.

Regards,
HumbleTrader

Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on August 30, 2018, 06:59:06 PM
Just an ignorance.
Title: Re: Forex Diamond EA
Post by: GeoffJG on September 11, 2018, 10:58:20 PM
I'm pleased to be able to report that at the second attempt a version that works with IG, who have the ignorance to include a printable ASCII character in their suffix, has been achieved  :)

On the other hand Wall Street Forex Robot 2.0 support have stopped communicating - time to give them a nudge?

Cheers, Geoff
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on September 12, 2018, 07:17:30 AM
Hello! I have been informed that the fixed WS file is sent to you through the Forex Diamond support system. Please check!

Follow-up - I've just checked the entire support ticket from my collogues and I think you have nothing to complain. The last answer with the provided fixed versions is from 2018-09-05 13:14:50 and after this you have asked once more for a feedback with no answer from you.
 
Title: Re: Forex Diamond EA
Post by: GeoffJG on September 12, 2018, 02:51:33 PM
Was my last post unclear? It says that Forex Diamond is sorted but Wall Street Forex 2.0 support had gone incommunicado. I had emailed them on 31st August saying that WS was still not working.

And I had emailed support to let know that Forex Diamond was now working a number of hours before posting here so your checking has misinformed you :)

An email to Wall Street support last night following my post here - yes, I took my own advice - has elicited a blank reply this morning, the 12th, albeit with a revised EA attached which is now running but that hasn't attempted to place an order yet. If it has been rectified in the way that Forex Diamond has been then I have every confidence that it will work; we will see.  ;)

Cheers, Geoff
Title: Re: Forex Diamond EA
Post by: wallstreet.forex.robot on September 12, 2018, 03:07:02 PM
Even this post is unclear ... I hope that the efforts of my team has resolved your issues with your not so wise choice of brokers.
Title: Re: Forex Diamond EA
Post by: nick3232 on September 12, 2018, 03:29:58 PM
Forex Diamond 6 is not working with my broker IG Index. It will not place orders because, it would seem, of a programming shortcoming. It generates the message: unknown symbol name GBPUSD(?) for OrderSendFunction
where the symbol suffix (£) is not recognised. We don't all live in $ land!
I am getting the same problem with Best Free Scalper - maybe the same code?

Cheers, Geoff

it seems that yoy have a broker problem not ea ea one
Title: Re: Forex Diamond EA
Post by: stefanosb on October 31, 2018, 03:33:07 PM
It seems USDJPY is the best pair for this ea:

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-usdjpy/1081183

but it is a demo account, anyone using it on real?
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on October 31, 2018, 08:53:01 PM
It seems USDJPY is the best pair for this ea:

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-usdjpy/1081183

but it is a demo account, anyone using it on real?

Hello, stefanosb... you should have kept this secret quiet; look what happened today that you revealed our secret LOL  :D

Yes, I agree; although this is part of my "composite" of EAs I am running, I had decided to use this and the EUR (not as successful) since last month given my analysis.

Let's keep our fingers crossed; that is if we have some left from Halloween.  :P


Regards,
HumbleTrader
Title: Re: Forex Diamond EA
Post by: stefanosb on November 01, 2018, 10:56:19 AM
It seems USDJPY is the best pair for this ea:

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-usdjpy/1081183

but it is a demo account, anyone using it on real?

Hello, stefanosb... you should have kept this secret quiet; look what happened today that you revealed our secret LOL  :D

Yes, I agree; although this is part of my "composite" of EAs I am running, I had decided to use this and the EUR (not as successful) since last month given my analysis.

Let's keep our fingers crossed; that is if we have some left from Halloween.  :P


Regards,
HumbleTrader

;-))) HumbleTrader I wrote after those losses ;-) it was not my fault ;-) By the way, FxAutomater EAs on the long run are good, but you have to use low or very low mm because losses are big when they happen. I use FD with only one trade (not 3) and 0.5 % mm
Title: Re: Forex Diamond EA
Post by: Humble Trader's Fx on November 01, 2018, 11:02:14 AM
It seems USDJPY is the best pair for this ea:

https://www.myfxbook.com/members/forexdiamond/forex-diamond-ea-usdjpy/1081183

but it is a demo account, anyone using it on real?

Hello, stefanosb... you should have kept this secret quiet; look what happened today that you revealed our secret LOL  :D

Yes, I agree; although this is part of my "composite" of EAs I am running, I had decided to use this and the EUR (not as successful) since last month given my analysis.

Let's keep our fingers crossed; that is if we have some left from Halloween.  :P


Regards,
HumbleTrader

;-))) HumbleTrader I wrote after those losses ;-) it was not my fault ;-) By the way, FxAutomater EAs on the long run are good, but you have to use low or very low mm because losses are big when they happen. I use FD with only one trade (not 3) and 0.5 % mm

You must be "spying" on me and reading my mind! Same low mm here.  :)

Or is it that great minds think alike?  ;)

Regards,
HumbleTrader