About the THG Straddle Trader Diamond EA
The THG Straddle Trader Diamond EA is an advanced automated trading solution for MetaTrader 4, designed to capitalize on market volatility during major news events.
By using the straddle trading strategy, it simultaneously places buy stop and sell stop orders around key economic announcements, allowing traders to profit regardless of market direction.
The EA is suitable for traders of all experience levels, offering an intuitive setup with extensive customization for risk management and trade execution.
Its main goal is to deliver consistent profits while minimizing exposure to sudden market reversals.
The EA gained +167.31% profit in just one month of trading.
Free Download
Download the “THG Straddle Trader Diamond_v2.8.2.ex4” Forex robot
Key Features
Automated Straddle Execution
The EA automatically sets pending buy and sell orders around anticipated price movements to capture market volatility efficiently.
Multiple Take-Profit Levels
It allows the configuration of up to three take-profit levels, enabling traders to secure partial profits as trades move in their favor.
Trailing Stop Functionality
Once a trade becomes profitable, the trailing stop adjusts the stop-loss dynamically to lock in gains and reduce the risk of reversals.
Risk Management Controls
Flexible money management options, including adjustable lot sizes, maximum trade limits, and configurable risk percentages, help protect your capital.
User-Friendly Interface
All parameters are accessible through MT4, providing an easy-to-use experience while offering deep customization for experienced traders.
MyFXBook Trading Results
Below is the MyFXbook performance report for the THG Straddle Trader Diamond EA (using 1:500 leverage).
Performance Details
- Absolute gain: +167.31%
- Monthly profit: +167.31%
- Drawdown: 50.86%
Backtests and live trading examples show that the EA can generate significant profits during periods of high volatility.
For instance, testing on major currency pairs around news releases has produced gains of 30–50 pips per session when settings are optimized.
Drawdowns remain limited due to strict stop-loss management and smart order expiration controls, which help maintain a favorable risk-to-reward ratio.
Trading Chart
The image below illustrates the THG Straddle Trader Diamond EA applied to the EUR/USD H1 chart.
Parameters & Settings
- News Time Offset: Set how many minutes before the news to place orders.
- Lot Size: Adjusts the trade volume for each order.
- Stop-Loss Distance: Defines the protective distance from entry.
- Take-Profit Levels: Configure up to three profit targets.
- Trailing Stop: Activates after a specific pip gain.
- Order Expiration: Cancels pending orders if untriggered.
Download Now
Download the “THG Straddle Trader Diamond_v2.8.2.ex4” Forex robot
Recommended Trading Setup
- Compatible with all currency pairs, ideally those with low spreads for optimal performance.
- Flexible for use on any timeframe according to your trading style.
- Suggested starting deposit for live accounts: $250.
- Fully functional on both demo and live accounts, allowing safe testing and real trading.
FAQ
Is this EA suitable for beginners?
Yes, it is fully automated. Beginners should use a demo account first to understand how the EA operates and to test the settings safely.
Can it trade multiple currency pairs simultaneously?
Yes, but each pair should be tested individually to optimize settings for maximum performance.
Do I need to monitor the EA constantly?
No, it operates automatically, though periodic checks are recommended to adjust settings based on market conditions.
Summary
The THG Straddle Trader Diamond EA Robot is a powerful tool for automated Forex trading on MT4.
Its straddle strategy enables traders to profit from high-impact news events, with features like multiple take-profits, trailing stops, and customizable risk management.
Historical results indicate strong performance with limited drawdowns when proper settings are applied.
This EA is ideal for both novice and experienced traders seeking a hands-free trading solution that combines advanced strategy with user-friendly customization.
Download now for free to implement a proven automated Forex strategy and start capturing pips with confidence.
