Darwin Evolution is a Forex expert advisor that is sold on the MQL5 website. It is compatible with 28 currency pairs and, according to the vendor, is more efficient compared to other systems in terms of basic profits. The robot is compatible with both MT4 and MT5 trading platforms. While the MT5 version was released on September 9, 2021, the MT4 version was launched on November 23, 2021.
Darwin Evolution has a news filter with disconnection schedules before and after the news, as well as independent hours for main news like Fed, BCE, FOMC, etc. It also has a risk capital management functionality, but the vendor has not properly explained it.
Darwin Evolution trading strategy
This EA is not a scalper and it follows a long-term strategy. It can stand by for over a week waiting for the perfect opportunity. For optimizing drawdown and profits, it can keep the positions open for several days. There are over eight indicators and filters used by the EA, but we don’t know what these are.
Darwin Evolution backtesting report
For this backtest, the EA conducted 285 trades, winning 89.12% of them and generating a total profit of $25930.74. Apart from the high win rate, the robot had an impressive profit factor of 7.77. The drawdown of 2.64% was quite low, while the daily and monthly average profits were 1.26% and 10.58%, respectively.
Darwin Evolution live results
The vendor has not shared the verified trading results and we found this account after conducting our own research. Since January 15, 2022, the EA conducted only 33 trades through this account. Although the robot has a very high win rate of 97%, it is based on a very short trading history. At this moment, the daily and monthly gains are quite satisfactory at 0.17% and 5.25%, respectively. The drawdown of 9.61% is suitable for trading.
Analyzing the recent trading history, we can see that the EA has been winning profits at a steady rate. The account owner has hidden the lot size as well as other key parameters like profit, interests, balance, deposits, equity, and withdrawals. It’s not a good sign for the devs who want to gain trust and reputation among FX traders.
Some features of Darwin Evolution
The currency pairs supported by this system include AUDCAD, AUDCHF, AUDJPY, AUDNZD, AUDUSD, CADCHF, CADJPY, CHFJPY, EURAUD, EURCAD, EURCHF, EURGBP, EURJPY, EurNZD, EURUSD, GBPAUD, GBPCAD, GBPCHF, GBPJPY, GBPNZD, GBPUSD, NZDCAD, NZDCHF, NZDJPY, NZDUSD, USDCAD, USDCHF, USDJPY. It is recommended that you load the EA on M1 charts. You can trade with any hedging broker with a minimum capital of $200. The minimum leverage is 1:30 or lower with a specific setting.
Total return | 13.41% |
Maximal drawdown | 9.61% |
Average monthly gain | 5.25% |
Developer | Guillaume Duportal |
Created, year | 2021 |
Price | $999 |
Type | N/A |
Timeframe | M1 |
Lot size | N/A |
Leverage | 1:30 |
Min. deposit | $200 |
Recommended deposit | N/A |
Recommended brokers | Hedging brokers |
Currency pairs | 28 |
ECN | No |
Main things to consider if you invest with Darwin Evolution
If you wish to purchase this robot, you need to know the following:
Lack of vendor transparency
We don’t know much about Guillaume Duportal, the UAE-based developer. There is no official contact information. Also, the developer has not shared the identities of the other team members.
Short trading history
The live trading account has only been active for a few months. We cannot accurately gauge the profitability based on the results. The EA has not been exposed to different market scenarios.
Lack of strategy insight
We don’t know the exact strategy followed by the EA. The developer has not revealed what indicators it uses. Thus, we don’t know what trading style is most suitable for this.
Pricing details
At $999, this robot is more expensive compared to others. There is a $690 yearly rental option and a free demo, but there is no refund policy.
Customer reviews
There are no reviews for this EA on third-party websites. The ones on MQL5 cannot be considered authentic.