Forex Diamond: How a Three Strategy EA Works (Free MQL Source Codes)

Forex Diamond is famous for bundling three strategies in one EA. From a coding view, that is an interesting architecture. Here is how it works and where to get source to build something similar.

The strategy in code terms

A multi strategy EA runs separate logic modules (trend and retrace, countertrend, scalping) and decides which is active based on market conditions. In code this means a clean structure where each module has its own entry, exit and risk, plus a controller that switches or blends them.

What to study in the source

  • How the modules are separated (functions or classes per strategy).
  • The condition that selects which module trades.
  • How risk is capped across all modules at once.

Build your own with editable source

To learn how modular EAs are structured, read real code. Our free source library and premium source codes give you editable MQL4/MQL5 files to open, study and extend in MetaEditor. See our guides to get started.

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