DIVO EA Review

DIVO EA is a trading solution that works on the Forex market to make some profits. The presentation is short, but it includes some details, features, and other explanations about the system. We decided to check them and the trading results out.
DIVO EA |
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Type |
Expert Advisor |
Price |
$545 |
Strategy |
N/A |
Compatible Platforms |
MT4, MT5 |
Currency Pairs |
GBPUSD, EURUSD, EURGBP, AUDCAD, EURCAD, GBPCAD, and USDCAD |
Timeframe |
M15 |
Recommended Min. Deposit |
$100 |
Recommended Deposit |
N/A |
Leverage |
1:100 |
Trade length |
8 hours |
Trading strategy explanation
The developers provide us with information about the system and its possible features. They are grouped up in the following list.
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The advisor is a trading solution that works on the real market automatically.
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It can work with various currency pairs.
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The pricing will be increased from $545 to $995.
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This step doesn’t look welcome at all.
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It doesn’t work with Grid and Martingale strategies.
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We can get access to the private group to get files and instructions.
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The developer can provide us with all required support.
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There are bonus settings available.
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It trades during quiet periods of the market.
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The default settings are for GBPUSD on M15.
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The core pairs are GBPUSD, EURUSD, and EURGBP.
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The rest pairs are AUDCAD, EURCAD, GBPCAD, and USDCAD.
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It has a broker protection feature.
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It works with pending orders.
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There are fixed SL levels.
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There’s slippage and spread protection.
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It includes a self diagnostic feature.
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We can optimize settings if we know how.
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The Hedge account type is required.
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We have to work on a low spread and low slippage profile.
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It should be used on VPS.
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The minimum deposit requirements are $100 for every pair.
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The leverage should be 1:100 or higher.
Backtest data analysis
The system was tested on EURUSD on the seven-year data. It had 100% of the historical quality. An initial deposit of $3000 has become $1,953,765 of the total net profit. The maximum drawdown was 8.70%. The profit factor was 9.56 when the recovery factor was good as well–30.15. It has executed 3387 deals with a 85% win rate for short and 89% for long trading positions.
Live trading data analysis
Trading Results |
|
Myfxbook Account |
Real (USD), TickMill |
Started |
May 05, 2022 |
Deposit |
$4000 |
Balance |
$6908.79 |
Gain |
38.93% |
Daily |
N/A |
Monthly |
5.38% |
Drawdown |
7.7% |
Profitability |
1.64 |
The robot has been working on the live account on Tickmill automatically. The leverage is 1:500. It has 7.7% maximum drawdowns and 29.2% deposit load. There’s only 84% algo trading. This means that the dev trades manually here. The win rate is 76.2%. It has an absolute growth of 38.93%.
The system trades with different profitability. Its growth chart doesn’t look smooth.
The system uses a Hedge, Grid, and Martingale combo. It’s an insane level of risk.
The robot has closed 517 deals. The best trade is $286.62 when the worst trade is -$217.73. It has a recovery factor of 3.11 and profit factor of 1.64.
XAUUSD is the most actively traded cross pair.
The company
Anton Kondratev is a developer who registered not so far ago. He’s from Russia and his profile has a 3271 rate. The portfolio is rated as 4 based on 35 reviews.
Pricing
The system is available for $545. Alas, we have no subscription options to give it a try. We can download a copy of the robot to perform some backtests and check its settings.
Review summary
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Cons |
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DIVO EA is a robot that manages orders, working with a combination of three risky strategies. It trades XAUUSD that wasn’t mentioned in the presentation and most likely we don’t have settings for it to trade. The presentation doesn’t provide intel about settings, risks, money-management, etc.
Rating: 4/10
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