Darwin Evolution comes with multiple live and backtesting records. The algorithm is available on the MQL 5 marketplace and does not require any optimization as the developer provides all the set files. Traders can use it with a minimum deposit of $200. To better understand the product’s performance, we will review it in our article to see if it is profitable.
Darwin Evolution trading strategy
The robot can trade on 28 currency pairs simultaneously and uses a long-term approach to tackle the markets. It has more than eight indicators and filters to help it trade with all brokers.
From the history present on MQL 5, we can observe some use of grid methodology on trades. The algorithm places positions rarely and does not have a fixed stop loss for each execution. The average holding time of 24 hours refers to a day trading approach.
Darwin Evolution features
The robot has the following features:
- It comes 8 different indicators and filter
- Traders only need $200 to trade with the EA
- Risk capital management
- It trades on all 28 currency pairs
- The system optimizes profits and limits the drawdown
Price
The software comes with a one-time payment of $999, and there is no money-back guarantee. It is also possible to rent it for one year at $690. The asking price is way too high if we compare it with other systems in the market.
Darwin Evolution backtesting results
Backtesting results are available in the form of images for unknown currency pairs and duration.
For the period, the robot had a maximum drawdown of 2.64% and turned an unknown initial deposit into 518.61%. It had a winning rate of 89.12% with a profit factor of 7.77. The average amount of profitable trades was 2.34%, while the average amount of losing deals was 2.47% in a total of 285 executions. The modeling quality of the test is also not disclosed.
Darwin Evolution live trading results
We have live records on MQL 5 that show us information about the product’s performance from September 05, 2021 til the current date. The system made a total growth of 6 %, with a drawdown of 5.8%.
The winning rate stood at 93.3%, with a profit factor of 5.38. The average profitable trade was €27.79, while the worst was -€72.28 in a total of 15 trades.
The robot has a total algo trading percentage of 86, which shows that the trades are also being watched manually. This does not qualify the EA as fully automated. Beginner traders can have issues operating the system as it is required to monitor trades by hand.
Darwin Evolution reputation
Traders on MQL 5 community rate it with 5 stars for 30 reviews. One of the traders says that he has been using the robot with no trades. He will update the feedback after some time with the correct information.
Another trader says that the developer is politely responding to their question. They state that they will be setting up the EA soon to test it out on the live account.
Darwin Evolution review summary
| Strategy | 5/10 |
| Functionality and features | 7/10 |
| Trading results | 6/10 |
| Reliability | 5/10 |
| Pricing | 3/10 |
Darwin Evolution rarely trades on the market and has no fixed exit points for each position. There is a chance that it will use averaging if a trade turns into a loss. This can be extremely damaging if the market moves in one direction with momentum. As the live records are short, we will have to wait and see how the system will perform in the future.
