Darwin Evolution Robot Review: Does It Win or Lose?

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Darwin Evolution Robot

Darwin Evolution Robot trades on the MetaTrader 4/5 platform while using indicators and options to maximize profits and minimize the drawdown value. The latest version of this robot contains a specific news filter for nocturnal news. It trades across 28 currency pairs. Read our review below for further details about this robot. 

What is Darwin Evolution Robot?

The EA has the following features: 

  • Trades across 28 currency pairs simultaneously
  • Comes with Trailing SL, indicator closure features
  • Risk capital management service is provided
  • Integrates 8+ indicators and filters

The seller recommends using the EURUSD M1 for trading. Also, it is suggested to use this bot with brokers who support hedging. The minimum leverage recommended for this system is 1:30, but it can be lowered. The minimum capital requirement is 200 USD. 

Official Darwin Evolution Robot website

Darwin Evolution Robot is listed for sale on the MQL5 website. This item’s web page contains basic information about the robot-like features, pricing, backtest screenshots, and links for live trading results. 

Guillaume Duportal is the developer behind this expert advisor. He is based in the United Arab Emirates. This individual owns 2 products, 21 signals, and 2081 demos. Guillaume has 3 years of experience. No information about company whereabouts like an address or contact information like a telephone number or email address is provided. This shows that this seller is not very transparent about his brand. 

How can we use Darwin Evolution Robot? 

Follow these steps to operate the system properly:

  1. Download the EA from the MQL5 website
  2. Launch the MT4/5 platform on your PC
  3. Drag the downloaded files for Darwin Evolution onto the charts section
  4. Begin auto-trading

Pricing & refund

This robot is sold in two packages. Customers may choose to pay 999 USD upfront to access lifetime usage. They may also purchase a yearly subscription for a total of 690 USD. The seller accepts payment through PayPal, Visa, MasterCard, and Union Pay. All traders are entitled to use a demo version for free. There is no information about the availability of a money-back guarantee or a user manual. This system is priced a bit higher when compared to its competitors in the market.

Pricing of the EA
Pricing of the EA

Trading strategy

The seller claims that this expert advisor is best suited for long-range goals because it tends to avoid fast scalping strategies. It can keep positions open for several days which means that it has a swing trading approach. 

The history on Myfxbook shows us that it uses averaging and martingale strategies. The average trading length of this bot was 16 hours and 19 minutes.

Backtests on MQL5 website
Backtests on MQL5 website

Backtests results have been provided as images on the MQL5 website. These appear to be unverified. Hence, they might be subject to manipulation. It is clear that these track historical performance from January 2017 till April 2021. Reporting has been done in USD. 

Upon analysis, it can be seen that the total profit stood at 25930.74 USD. CAGR was shown as 43.97% and the algorithm had a profit factor of 7.77. Sharpe ratio stood at 0.67 with a maximum drawdown value of 16.66%. The largest loss had a dollar value of 392.68 USD. The product won 254 trades and lost 31. 

This service’s Z-score was 1.92. The service had a stagnation of 34 days during operations. The average daily profit was written as 1.26%. 

Backtests on MQL5 website
Backtests on MQL5 website

Current performance 

We could locate verified live trading results for Darwin Evolution EA on Myfxbook. These are from Sep 05, 2021, till Mar 15, 22. From these results, it can be inferred that the monthly gain rate was 4.64%. However, a 17.68% drawdown value does indeed raise some concerns. A leverage value of 1:500 was used in this account. It is very peculiar that many key statistics like equity, profit, interest, deposits, and withdrawals are hidden from sight, which signifies that the seller has something suspicious to hide. 

During this period, the robot participated in a total of 29 trades. Out of these, 93% were profitable, but since the profit numbers are hidden, we cannot know whether it was substantial enough. The system showed a profit factor of 7.90, with a sharpe ratio of 0.77. Lot value stood at 2.89. 

Live trading results on Myfxbook
Live trading results on Myfxbook

What are the real customers saying about Darwin Evolution Robot?

We could not find any reviews about this robot on third-party sites like Forex Peace Army or Trustpilot. However, customer reviews are present on the MQL5 website for this EA. But many of them seem to contain nothing. 

Customer reviews on the MQL5 website
Customer reviews on the MQL5 website

What we like and what we dislike

LikeDislike
Live trading results are availableUnverified backtests
Lack of transparency
No money-back guarantee
No clear explanation of strategy 

Summary: is Darwin Evolution Robot a trustworthy EA?

Darwin Evolution Robot
2.4 5 0 1
Darwin Evolution EA is not very clear about its strategy. Also, there are no verified backtests to certify that this bot has shown stable performance in the past. Moreover, a lack of transparency from the seller, like contact info and email address, reduces the level of trustworthiness of this algorithm.
Darwin Evolution EA is not very clear about its strategy. Also, there are no verified backtests to certify that this bot has shown stable performance in the past. Moreover, a lack of transparency from the seller, like contact info and email address, reduces the level of trustworthiness of this algorithm.
2.4 rating
2.4/5
Total Score
  • Strategy
    2.0 rating
    2/5 Bad
  • Features
    3.0 rating
    3/5 Neutral
  • Trading Results
    3.0 rating
    3/5 Neutral
  • Reliability
    2.0 rating
    2/5 Bad
  • Pricing
    2.0 rating
    2/5 Bad

Like

  • Live trading results are available

Dislike

  • Unverified backtests
  • Lack of transparency
  • No money-back guarantee
  • No clear explanation of strategy
Total
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