DIAMOND SCALPING EA
Regular price $290.00 Sale price $14.45 Save 95%DIAMOND SCALPING EA Expert Advisory:
Achieving success in trading often relies on one of two approaches:
- High win-rate with a small risk-reward ratio (RR), yielding frequent but modest gains.
- Low win-rate with a high risk-reward ratio (RR), resulting in fewer but potentially larger profits.
While the second approach can be emotionally challenging due to its lower accuracy, the Diamond Scalping EA was designed to tackle this issue by adopting the first approach. This approach aims to provide investors with psychological comfort by generating consistent profits on a weekly, monthly, and yearly basis.
EA Overview:
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Price Action Strategy: The EA utilizes a trading strategy grounded in price action analysis, leveraging techniques such as breakout, first pullback, break-out and retest, and stop hunt to identify optimal entry points with a high win rate.
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Risk Management: Each trade is equipped with a fixed stop loss to safeguard the trading account. Additionally, trailing stop and breakeven features are incorporated to foster steady account growth and ensure profits in the majority of trades.
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Customizable Trading Times: Users have the flexibility to set the opening and closing times for trades within a day, enabling customization according to their preferred timeframe.
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Risk Management Options: The EA offers multiple risk management options, including lots, money, and account percentage, allowing users to tailor their risk exposure according to their risk tolerance and trading objectives.
Recommendations:
- Minimum Deposit: $100
- Working Timeframe: M15 or higher
- Account Type: ECN (use the recommended partner broker with partner code to benefit from 0-pip spread)
- Fast VPS Server: Ensure optimal performance by utilizing a fast VPS server.
Backtest Guide:
- Symbol: EURUSD or USDJPY
- Timeframe: M15
- Modelling: Minimum 'Every Tick' is recommended, especially when testing with trailing profit.
- Deposit: Minimum $100 is recommended.
- Leverage: Any