Darwin Evolution Review

Jan 5, 2022 02:07 PM ET
Darwin Evolution Review

Darwin Evolution is an MT5 tool that assures high profits and minimal risk. As per the developer, Guillaume Duportal, this FX robot is designed to resemble manual trading as closely as possible. The strategy and setup of this ATS ensure you need not take high risks. The developer is from the United Arab Emirates and has 3 years of experience in developing FX products. He has developed one product and 15 signals. This FX EA was first published in September 2021 and is in version 1.5 now.

Darwin Evolution

Type

Fully-automated EA

Price

$999

Strategy

N/A

Compatible Platforms

MT5

Currency Pairs

28 currency pairs

Timeframe

M1

Recommended Min. Deposit

$200

Recommended Deposit

N/A

Leverage

1:30 or lower with a specific setting

Trading strategy explanation

Trading strategy explanation of Darwin Evolution.

As per the developer, this FX robot is not a fast scalper and is meant for a long-term vision. It CAN remain in standby mode for longer than a week to wait for the perfect opportunity. The ATS keeps open positions to optimize the drawdown and the returns. According to the developer, the profit factor and recovery are excellent with low risk. He mentions the use of over 8 indicators and filters. He does not name the strategy used, only revealing that two strategies are present. The lack of transparency raises suspicion regarding the reliability of the system.

Features and recommendations

The developer mentions the following features and recommendations for this EA:

  • It works on 28 pairs at the same time.
  • It does not need optimization, as set files are provided with the package.
  • It works in both directions, impulse, and correction.
  • The FX EA uses two different news filters.
  • Risk capital management is present. 
  • Trailing SL and closure of indicator by SL, by profit, by opening duration, and per hour are used.

Backtest data analysis

A past performance result is provided by the developer on the MQL5 site. Here is a screenshot of the results:

Past performance of Darwin Evolution.

From the above stats, we can see the total net profit was 518.61% and the profit factor was 7.77 for a total of 285 trades. The drawdown was 2.64% and the profitability was 89.12%. From the results, we can see that the profit factor and profitability are high with a low drawdown. The results are as claimed by the developer. However, past performance cannot be used to predict future performance.

Live trading data analysis

Trading results

MQL5 signals

Real (EUR), ThinkMarkets

Started

September 05, 2021

Deposit

5 000.00 EUR

Balance

5315.20 EUR

Gain

0.0%

Daily

N/A

Monthly

0.0%

Drawdown

5.8%

Profitability

92.85%

A live signal is present for this FX EA on the MQL5 site. Here is a screenshot of the results:

Live trading results of Darwin Evolution.

From the above stats, we can see the EA has generated a profit of 315.20 EUR for an initial deposit of 5000 EUR. The account shows 0% growth and has a maximum drawdown of 5.8%. For the entire duration of the signal which is 80 days, 14 trades have been completed with 92.85% profitability. The profit factor is 5.38. From the results, it is clear that the trading frequency is very low and the small sample makes it difficult to evaluate the effectiveness.

Pricing

Pricing details of Darwin Evolution.

You can buy this FX robot for $999. The developer also provides an annual rental costing $690. A free demo offer is present. As per the developer, the original price of this ATS was $1490, which is now available at a 30% discount of $999. There is no mention of a money-back guarantee. The absence of a refund policy makes us suspect the reliability of this EA. When compared to similar products in the market, we find the price is expensive.

Customer feedback

Unfortunately, there are no user reviews for this FX robot on trusted sites like FPA, Trustpilot, etc. There are 27 reviews present on the MQL5 site for this ATS with a rating of 5/5. Since the product is sold via the MQL5 site, there is a chance of the reviews being biased, so we do not consider them. 

Review summary

Pros

Cons

  • A fully automated system
  • The strategies used are not revealed
  • Live signal
  • Small sample size
 
  • Expensive price

Darwin Evolution claims to provide high returns with a robust drawdown control. The developer provides info on the features and recommendations. There are backtesting results and a live signal for this FX EA. However, he does not divulge the strategy. While the backtesting report shows good profits and a low drawdown, the real trading results show 0% growth. The trading frequency is too low to assess the performance. Other drawbacks include the expensive pricing, lack of user reviews, and the absence of a money-back guarantee.

Rating: 5/10


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