Gem Forex Diamond EA MT5

🟦 Introduction to Gem Forex Diamond EA for MT5

Gem Forex Diamond EA is a lightweight gold trading robot designed to run on the M1 timeframe for XAUUSD. It’s a completely free EA available only on CheaperForex.com — ideal for anyone looking to experiment with automated scalping without risk.

While little is officially documented about the strategy logic, this EA includes standard input settings for stop loss, take profit, and trailing stop, making it suitable for both demo testing and live trading in small sizes.

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🔑 Key Features

• ✅ Free to Download – No activation needed.

• ⚙️ XAUUSD M1 Scalping – Optimized for 1-minute gold trading.

• 🛠️ Includes SL/TP – Basic protection with built-in risk control.

• 🔁 Trailing Stop Settings – Lock in profits dynamically.

• 💡 Simple Setup – Just load onto a Gold M1 chart and adjust input values.

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🎯 Key Benefits

• 💸 Zero Cost – Keep 100% of your profits.

• 🧪 Great for Testing – Perfect sandbox tool for backtests and demo exploration.

• 🕵️ Safe Lot Sizes – Defaults to 0.01 for cautious trade sizes.

• 🪶 Lightweight EA – No DLLs, no martingale, no complicated strategy layers.

• 📈 Includes Backtest Report – Preview strategy performance before going live.

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⚙️ EA Inputs (Default Settings)

• Lot Size: 0.01

• Stop Loss (pips): 280

• Take Profit (pips): 900

• Trailing Start (pips): 40

• Trailing Distance (pips): 50

• Magic Number: 5555

📊 On-the-Chart Snapshot

Live test screenshot from MetaTrader 5 shows trade entry, SL/TP lines, and net profit reporting.

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⭐ Reviews

Brandon C. – United States
“Installed it on my VPS and it started trading straight away. Clean execution and stable logic. I wouldn’t go heavy on it, but it’s a fun bot to play with.”

Marius K. – Germany
“Actually better than some paid EAs I’ve tested. The trailing stop logic works well in volatile gold moves. 5 stars for a free tool.”

Abdullah S. – UAE
“Great scalper for gold if you want to try quick trades. I’m seeing about 60% win rate with low risk settings.”

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❓ Frequently Asked Questions

What account type should I use?

Use a RAW/ECN account with tight spreads for best execution on gold scalping.

Is this EA safe for real money?

It’s free and includes stop loss, but we recommend testing on demo first to understand its behavior.

Can I use it on other pairs?

No, it’s coded specifically for XAUUSD on M1. Results on other assets will likely be unstable.

Does it use grid or martingale?

No — it’s a single-entry EA with trailing stop and TP.

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🧾 Conclusion

Gem Forex Diamond EA for MT5 is a minimalist, plug-and-play gold scalper designed for traders who want to test automation without financial commitment. If you’re exploring entry-level bots, this is a solid, no-risk download — especially for scalping XAUUSD on M1 charts.

➡️ Download now free from CheaperForex.com and run your own tests. It might surprise you.