DIVO EA is a trading solution that was designed to help their owners with performing orders on Forex automatically. The presentation is going to provide us with all possible explanations about the system and its features. In addition, we have a backtest report and trading results provided.
Detailed Forex robot review
There are various details mentioned about how the system works and what we have to expect from it. For your comfort, we systemized them in the following list.
- DIVO EA can work completely automatically with our orders.
- We are allowed to trade various cross pairs,
- The robot isn’t involved in trading with risky strategies like a Grid and Martingale.
- We can receive access to private groups.
- There will be welcome support.
- There are bonus settings available.
- It prefers working during periods of low volatility.
- The core setup is GBPUSD on the M15 time frame.
- The main symbols to trade are GBPUSD, EURUSD, and EURGBP.
- Other possible cross pairs are AUDCAD, EURCAD, GBPCAD, and USDCAD.
- We have a broker protection so our orders won’t be hunted.
- It can work with pending orders.
- SL levels will protect all our orders.
- There’s protection from high slippage and spreads.
- There’s a self diagnostic feature applied.
- We can optimize settings as we want if we know how.
- It works on a Hedge account type.
- It should work on a VPS server.
- We have to start trading with a balance of $100 or more.
- The leverage should be set at 1:100 or higher.
Anton Kondratev is a russian developer with a low rate of 3371. His products have a 4 rate based on 38 testimonials.
Thorex strategy tests
We have a system tested on EURUSD on 7-year tick data. We don’t know what broker provided it. The modeling quality was 100% with actual spreads. An initial deposit of $3000 has turned into $1,953,765 of the total net profit. The maximum drawdown was 8.70% when the profit factor was 9.56. The recovery factor was great–30.15. DIVO EA executed 3387 deals with a 85.86% win rate for short and 89.70% for long trading positions.
Thorex live trading results
DIVO EA can perform orders on a real TickMill account. It trades with leverage of 1:500. The maximum deposit load is 24.5% when the maximum deposit load is 29.2%. There are no 100% algo trading. The accuracy is 63.7% only. The absolute growth has become 64.49%.
The growth chart doesn’t look predictable at all.
The advisor works with x5 Martingale to recover. We may note that it can easily lose several orders in a row.
DIVO EA has managed to trade 182 orders. The best trade is $35.78 when the worst trade is -$22.03. The recovery factor is 1.52 and profit factor of 1.40. These numbers aren’t high as for a paid advisor.
GBPUSD, USDJPY, and EURCHF aren’t profitable symbols.
The developer suggest we buy a robot for $545. Alas, there are no rental options provided. So, traders need have to pay the full price only.
There are mostly positive reviews written. People were satisfied with the robot quality and its performance.