Review Is Double In A Day EA Scam

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    Only For Experienced Traders. Review: Is Double In A Day EA Scam?

Double in a Day EA Review: this is the name of a Forex EA vendor and a trader trainer as well. Is legit?

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What Are Forex Signals or Indicators?

Most Forex indicators are created for the purpose of giving traders trading signals that are accurate as well as consistent. With a legit indicator system, traders can afford to spend less time monitoring the market.

Traders are provided with what can be termed expert advice from these robots, this is why they are called Expert Advisors (EAs). EAs are sold by indicator vendors.

The EA is developed with a Forex technique that is said to have the uncanny ability to double trading accounts in one Forex trade.

It is totally in character for Forex EA vendor to start out with claims of making clients richer. This is because everyone seeking out easier ways to trade effectively does so to make more profit.

However, traders need to be careful about believing everything they encounter in the business sphere. Some are geared to just deceive and steal their funds. Considering what is offered and proofs are effective means of discovering fraud as well as reading our reviews and comparing the offers to those of other legit vendors at the bottom of this article.

How Double in a Day EA Works

The Double in a Day EA is touted as being able to automatically add additional lots to a successful trade “on a risk free basis”. It comes with a trading course as they are said to be a “Joint Venture” between Expert4x and EAFactory.

According to the page, the EA was designed because of regular requests from clients of the several Expert4x live webinars. The Expert Advisor differs from most in the market because it is not made to be traded continuously on a set and forget basis. They state that it is for Forex traders with reasonable level of experience.

The trader identifies a market order or pending order entry price level for a trade by him/herself. Then Double in a Day EA completes the entire trade automatically. Strategies can be set using the Strategy Generator that comes with the robot. Preprogrammed strategies can also be added. It does the following:

Enter the trade at the price level specified by the trader
Places the initial stop
Moves the initial stop to breakeven to create a risk free trade
Adds additional trades using 1, 2 or 3 top up opportunities a risk free basis
Moves the stops to a level that guarantees a risk free basis continually
Closes all trades when the target for all open trades is reached

Traders can control many things on this EA like how many top up levels and where they should be. They can set how much they want to risk and the size initial stop they want to use. Others are:

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The minimum stop size
Initial break-even stop level
Gain % target (100% is for double)
Where entry should be made and which direction
Continuous trade or one at a time

The trading courses offered are also talked about in details. Interested traders can look this up by clicking here

Double in a Day EA Pricing Structure

It costs $299 to purchase the EA. But for traders who may have acquired any EA from Expert4x, they are offered a discount of 50% but does not include indicators, courses or other services. The discount applies to traders paying with Bitcoin as well.

Client Feedback

Although the page we find reviews from clients that are all praising the product. This is to be expected but not trusted because they could be fabricated. On FPA, we do not find any reviews yet and this is not encouraging, although as at when we compiled this review its profile was just 3 days old.


Traders willing to reach the vendor or the customer care support can do so by filling the message form on the page and get interactive replies like we saw on the page.


We like the way information is presented on the page of Double in a Day EA, the format is not high quality but informative. Reviews are missing for now and we find that the pricing is quite high because traders still have lot of work to do while using the product.

The Double in A Day Forex Technique and Forex EA

The Double in a Day EA and Forex Trading Technique

This EA and Forex technique has developed the name “ Double in a Day ” because its uncanny ability to double trading accounts in one forex trade (there are lots of examples of this on the website). It has the ability to automatically add additional lots to a successful trade on a risk free basis when currency trading, which is in fact its biggest strength. How to trade the Forex Market has always been a challenge. Read on for more information.

The Double in a Day EA and Course is a Joint Venture between Expert4x and EAFactory. EAFactory supplies and supports the EA and Expert4x supplies and supports the currency trading technique and course

History and background

In the last few years Expert4x has been promoting a some live webinars where Forex trading accounts were in fact doubled using a manual pending order method to double account balances. Over the years clients have been requesting an EA which would help them Double their account on an automated basis. This has led to the creation and development of the Double in a Day EA and trading course below a few years ago.

A further influence has been Bill Williams, whose family is independently wealthy from trading, who says that you can never become an exceptional trading success unless you add to your winning positions. He is so highly regarded in the trading community that MetaTrader has allocated a whole section of their standard indicators to the ones used by him. This EA does exactly that as it allows you to add to winning positions AUTOMATICALLY and at NO RISK whatsoever.

The Philosophy behind the EA

This Expert Advisor differs from most Expert Advisors in that it not designed to be traded continuously on a set and forget basis.

It is a trading tool designed to be used by a reasonably experienced Forex trader who is:

    • Already trading on a manual or automated basis to identify entry price levels
    • Want to enter the market using market or pending orders at these price levels
    • Wants to automate risk control and
  • Accumulate gains on a risk free basis.

What is achieved is that great Return on Risk ratios are created. There are many example where the return on risk ratio’s achieved were over 20. That means that if you only have 1 successful trade out of 20 like trades you will be profitable.

What the EA will do for YOU

Once the Trader has identified a market order or pending order entry price level for a trade, the EA will use a predetermined strategy using settings specified by the trader. This is done by a Strategy Generator that is part of the EA. Settings can be pre-programmed so there is no need to waste time. You can also add your own pre-programmed strategies. Once the strategy created by the Strategy Generator is accepted by the trader the EA takes over and completes the entire trade automatically by:

    • Entering the trade at the price level specified by the trader
    • Placing the initial stop
    • Moving the initial stop to breakeven to create a risk free trade
    • Adding additional trades using 1, 2 or 3 topup opportunities on a risk free basis
    • Moving the stops to a level that guarantees a risk free basis continuously
  • Closing all trades when the target for all open trades is reached.

The EA can be set to trade continuously to open a new trade when the previous trade is closed.

Comment below received from a Client in February. Straddling is a popular and easy strategy.

What you can control

This Expert Advisor will allow you to specify:

    • How many top up levels you want to use.
    • Where you want these levels to be.
    • How much of your account you want to risk,
    • what size initial stop you want to use,
    • The minimum stop size you want to use
    • When the initial break-even stop should activate
    • What % gain you want to target (100% to double but you can go for any other % such as 20%)
    • Where you want to enter the market and in which direction
  • Whether you want to trade continuously or one trade at a time

Double in a Day Course

The Double in a day Expert Advisor comes with a detailed 8 module course on how to use this Forex technique to your best advantage. The modules also contain links to 2 additional downloadable eBooks on finding high probability entries.

  • 5 modules cover trading the Double in a Day strategy and technique and the low risk high return long term approach.
  • 3 modules and the 2 eBooks cover ways to enter high probability trades for Double in a Day trading. It will also show you the best times to activate the EA for high probability trades.
  • Module 3 of the course also has a quick start process and checklist

In the end, it is still the traders responsibility to identify which trading technique to use and to identify trading opportunities. The EA will do the rest from then on.

In addition as an owner you receive this $66 Udemy course for free. For more information about this course please use this link: Udemy Double in a Day Course

Thorough user Testing process

As with most of the Expert4x EA’s and courses, they are thoroughly tested by our clients before they are formally launched. This process has happen for over a month and considerable feedback was received enabling us to make user improvements to the EA and the course.

Trading examples Results achieved in testing

Our most recent trades are available from the “DIAD Trades” tab on the above menu

There are 47 trading examples that you can access once doing the training.

There are Forex technique trading examples with results varying from 30% to 200% account gains off 1 initial trade. Click on the picture and links below.

20 Recent trades where

an 80 pip trend resulted

in a 100% gain: 80 pip trend

Example of the benefits of using the Double in a Day Forex technique

Let’s take an example of a swing trader who identifies a good trading opportunity that is likely to result in a 70 pips gain. If the trader were to trade in the traditional manner, possibly using a following stop etc., the risk return ratio is likely to be 2. He would risk 5% of his account to make 10%.

However by using the Double in a Day Forex technique which manages risk and the transaction automatically and tops up his winning transaction twice, he is able to generate a gain of 100% having risked 5%. This is a 20 return on risk ratio.


The Double in a Day EA is professionally supported. EAFactory supplies the EA and it has an automated download and update process. They also supply a detailed user guide and email support. A personalised Username and password (1) is used to control the download and upgrade the EA. The EA is download process uses your PayPal email to communicate with you.

The Double in a Day Course and technique is supported by Expert4x using email support. The web based training pages are password (2) controlled – the passwords are supplied in the Expert4x DIAD welcoming email.

The Expert4x Forum provides a great opportunity to view successful trades and discuss any matter relating to the Double in a Day EA and technique. The Forum can be joined once you become a Double in a Day EA owner.

Comments from testers

See how you can get the DIAD for free > FREE DIAD EA

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If you already an owner of an Expert4x Expert Advisor like the Grid Trend Multiplier EA or the No stop, hedged, grid Forex EA you can obtain a 50% discount by logging into your EAFactory webpage at for a special 50% PayPal button. Contact them at support(at) for assistance if you need any. Please note this discount does not apply to owners of Expert4x courses, indicators or users of Expert4x services .

New Expert4x Expert Advisor clients can use this PayPal button.

50% OFF : We also accept Bitcoin as a means of payment. Please use this link to pay with Bitcoin: BITCOIN

Please note that your purchase allows you unlimited use of the EA on as many accounts as you wish as long as you do not use more than 2 computers. These can be a combination of VPS services, desktops or laptops. Once purchased additional licenses can be purchased

After your purchase remember to visit the EAFactory webpage

to access the important “Getting Started” information

Questions and Answers

Question: Can Traders using US trading accounts use this EA.

Answer: The main restrictions US traders have are hedging and decreased leverage. There is no need to use hedging when using this technique. The reduced leverage allowed (50:1) will only impact you if your account is under capitalised or if you are risking too much of your account on any one deal. Most US traders will not be impacted by this. Aggressive US traders trying to double their account in 1 trade will have much fewer opportunities due the 50:1 leverage restrictions. When the EA closes transaction it does so in FIFO order so is US FIFO compliant.

Question: I don’t have time to time to trade. Can the EA be traded continuously?

Answer: Yes, the EA can trade continuously. That facility is available. Manual traders should be using this EA when trading their normal Forex technique. This EA is a more of a trading tool than a set and forget trading robot. Review Visit site


The DoubleInADayForex MT4 EA is a forex expert advisor. The Double In A Day Forex automated forex trading software for the MetaTrader platform places trades for you.

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