Gem Forex Diamond EA V1.0 MT5 – Multi-Pair Scalper Built for Speed

Tired of overpaying for robots that promise the moon and then ghost you after a drawdown? Yeah, same. Gem Forex Diamond EA V1.0 MT5 was built to fix that pain—clean entries, fast exits, no silly gimmicks, and a setup flow that doesn’t take all weekend. This is a free, YoForex-powered EA designed for quick, consistent scalps on XAUUSD, EURUSD, and GBPUSD, working best on M5–M30. You get a nimble engine that adapts to volatility, a risk framework that respects your balance, and human support when you actually need it (coz that matters, right?).

If you’re hunting a nimble MT5 expert advisor that doesn’t rely on martingale or mystery grid traps, Gem Forex Diamond EA V1.0 MT5 might be that “keep it running” tool in your arsenal. Back-tested, forward-observed, and tuned for real brokers—let’s dig in.

Overview

Gem Forex Diamond EA V1.0 MT5 focuses on short-term pattern recognition and volatility bursts. It combines momentum signals with micro-pullback filters, then executes tight-risk entries and partial exits when price breathes. The goal: stack small wins and control exposure on the three most traded instruments in retail: gold (XAUUSD), EURUSD, and GBPUSD.

  • Timeframes: M5, M15, M30.
  • Account types: Works best on ECN/low-spread accounts.
  • Philosophy: No martingale; smart scaling; strict drawdown guardrails.
  • Use cases: Day trading, intra-day scalps, and session-based momentum moves.

YoForex’s quant team has back-tested this EA across mixed volatility regimes; we also validated the logic in live market observation on top-tier liquidity hours. You’ll find that Gem Forex Diamond EA leans into liquid sessions (London/NY overlap on gold is chef’s kiss), respects news spikes, and avoids dead markets. It’s the “do less, do better” kind of robot—without the hype.

Key Features

• Multi-Pair Engine: Optimized templates for XAUUSD, EURUSD, GBPUSD.
• Fast Scalping Logic: Momentum + micro-pullback entries suited to M5–M30.
• Risk First: Fixed-lot or balance-based position sizing; no martingale.
• Dynamic SL/TP: ATR-aware stops, staged take-profit for smoother equity.
• Session Smart: Works best in London/NY; configurable trading hours.
• Spread & Slippage Guard: Skip trades when costs spike.
• Drawdown Cap: Optional daily/overall equity protection—pause on breach.
• News Awareness: Optional news-quiet mode to avoid whipsaws.
• Partial Close & Breakeven: Lock gains early, let runners breathe.
• Prop-Friendly Presets: Conservative template to pass tighter risk rules.
• Low CPU Footprint: Efficient tick processing for VPS deployment.
• Clear Logs: Transparent trade reasoning for audits and strategy tweaks.

Backtest Results & Proof (Summary)

We ran long-sample backtests on M5 and M15 for all three symbols, using high-quality tick data and realistic spreads. The equity curve shows a steady stair-step profile, with flatter spots during low-volatility weeks (normal) and acceleration during trending sessions—especially on XAUUSD. Max relative drawdown stayed within a conservative band when using the recommended risk template (see below), and the profit factor was most robust on EURUSD M15 and XAUUSD M5.

What the curve looks like (Image #1 idea): A gently rising line with minor, well-contained dips after news periods; partial-TP logic smooths the recovery.
Risk vs Reward (Image #2 idea): A scatter plot highlighting tighter SL/TP placements around short bursts; outliers trimmed via drawdown guard.

Live market observation: During London/NY overlap, EURUSD and GBPUSD delivered clean momentum legs; XAUUSD gave the juiciest bursts, but spreads matter—keep your broker quality high. The EA’s spread filter was key to keeping entries selective on gold. Overall, performance aligns with the backtest character: frequent small wins, controlled losers, and fewer “oops” trades in choppy hours.

Tip: If you want even tighter control, drop the lot size by 20–30% on NFP weeks or when your economic calendar is heavy.

How to Install & Configure

  1. Download the EA from MQL5.software:
    ???? Download: https://mql5.software/download/gem-forex-diamond-ea-v1-0-mt5
  2. Copy to MT5: Open MT5 → File → Open Data Folder → MQL5 → Experts and paste the .ex5 (or .mq5 if applicable).
  3. Restart MT5 and attach to chart: Choose XAUUSD, EURUSD, or GBPUSD on M5/M15/M30.
  4. Allow Algo Trading: Make sure the smiley face is on.
  5. Recommended Settings (starter):
  • Risk Mode: Balance-based (0.5–1.0% per trade)
  • Max Daily Drawdown: 3–5% (EA auto-pauses if hit)
  • Trading Hours: London + NY overlap
  • Spread Filter: Enabled, conservative threshold on XAUUSD
  • News Quiet Mode: Enabled for red-flag events

    6. VPS: For best execution, run on a low-latency VPS close to your broker.

Why Choose YoForex-Powered Tools?

YoForex backs this release with a free-first ethos: we ship tools that traders can actually use, not just admire. You’re getting a clean MT5 expert advisor with real-world guardrails, regular improvements, and community-driven tweaks. Updates prioritize execution quality, spread resilience, and keeping risk sane. And when you need help, you’ll talk to humans, not a wall.

  • Learn more about us: YoForex (About page on our network).
  • Explore related tools:
  1. Beginner Guides (internal): https://mql5.software/category/beginner-guides
  2. Gold Scalper EA (internal): https://mql5.software/ea/gold-scalper
  3. MT5 Setup Guide (internal): https://mql5.software/guides/mt5-setup

Support & Disclaimer

If you hit any bug, want pair-specific presets, or need help tuning risk—ping us; we’re quick.

Disclaimer: Trading involves risk. Past performance isn’t a guarantee of future results. Use demo first, then go live only when you’re comfortable. Adjust risk to your account size; don’t over-leverage. You’re responsible for your own trades—this EA is a tool, not a promise.

Call to Action

Ready to try it? Grab your copy now—totally free. Install, load the recommended preset, and let Gem Forex Diamond EA V1.0 MT5 show you what a focused, low-drama scalper feels like. And if you’ve got questions, we’ve got answers on WhatsApp and Telegram. Let’s trade smarter, not harder.

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Happy Trading