A closer look.
Diamond Scalper MT5 is a high-performance automated trading Expert Advisor for MetaTrader MT5. Originally listed on MQL5 Market for 249 USD with a community rating of 5 (2), this system is now accessible directly for testing and deployment.
Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal V1.3: https://www.mql5.com/en/signals/2390825 Live Signal Setfile (Risk 2% per trade) IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, half a second too slow to click. You've se
Features & Highlights
- Automated Execution: Precision algorithmic entry and exit on MetaTrader MT5.
- Disciplined Risk Rules: Hard Stop Loss and Take Profit protection configured on every trade.
- Prop Firm & Live Ready: Compatible with evaluation rules, drawdown controls, and live account trading.
- Adaptive Filtering: Proprietary market structure, trend tracking, and volatility safeguards.
Resource specifications
- Resource type
- Expert Advisor
- Developer
- Lo Thi Mai Loan
- Compatibility
- MetaTrader MT5 Build 3800+
- Requirements
- MetaTrader MT5 Build 3800+, Windows OS or Windows-based VPS, Low-spread broker account.
Installation
Step-by-step installation instructions for MetaTrader MT5:
- Click the Download Now button to obtain the complete EA file.
- Open your MetaTrader MT5 terminal and select File → Open Data Folder.
- Navigate to
MQL5/Experts/ and paste the EA file.
- In MetaTrader, open the Navigator window (Ctrl+N), right-click Expert Advisors, and click Refresh.
- Drag the EA onto your desired chart, ensure Allow Algo Trading / Live Trading is enabled, and confirm your parameters.
Usage & Best Practices
Recommended Trading Setup:
- Recommended Instrument: Optimized for Gold (XAUUSD), Indices, or Major FX pairs according to strategy specifications.
- Timeframe: Check EA parameters (typically M1, M5, M15, or H1 as detailed in overview).
- Risk Allocation: 0.5% to 1.5% maximum risk per trade for stable compounding and preservation of capital.
- Infrastructure: Recommended to run on a dedicated low-latency Forex VPS with an ECN or Raw spread broker.
Changelog & Version History
v1.0.0 — Official release & verified free download package.
Before you trade
Expert Advisors, indicators, and tools do not guarantee trading results. Test carefully before using any resource in live trading.
Read the risk disclosure