In this review, the analyst evaluates Dark Algo by DARKEAS, an automated scalping solution for EURUSD and GBPUSD. It combines stochastic signal detection with advanced noise filtering. Historical backtesting offers insights into potential performance, while a 3-year conservative live signal demonstrates consistent low-drawdown results and effective risk management.

Trading Idea

Dark Algo implements a precision scalping strategy using the stochastic oscillator to identify micro-trend reversals on EURUSD and GBPUSD. Advanced filtering algorithms eliminate noise and false entries, ensuring the EA engages only on high-probability signals. This approach balances trade frequency with disciplined risk control to maximize consistent scalping returns.

Specifications

License

The EA license is tied to the MetaTrader account number and permits use on 5-10 trading accounts simultaneously with lifetime activation. Unlike MQL5, where downloads and licensing are separate per version, this purchase includes both MT4 and MT5 compatibility without additional fees.

Broker and VPS

It's advisable to select a reliable broker that supports your chosen platforms and trading needs, such as Tickmill, and Scope Markets. We also recommend using TradingFX VPS VPS for optimal performance.

MT5 Version

In addition to the MT4 terminal-compatible version, an MT5 terminal-compatible version is available from the EA developer.

User Guide

Upon purchase, users receive a detailed manual with step-by-step instructions, graphics, and practical recommendations to maximize success using the EA.

Future Updates

Investors benefit from free lifetime updates that optimize settings and enhance performance, ensuring the EA stays current with evolving market conditions.

Starting Balance

A minimum deposit of 1000 USD is recommended for stable EA operation. For smaller budgets, cent accounts such as those offered by IC Markets are supported.

Account Criteria

The EA is compatible with both real and demo accounts. License activation occurs via account number, allowing seamless switching between accounts.

Refund Policy

All sales are final and no refunds are offered under any circumstances, reflecting the developers’ confidence in the product.

Supported Currency Pairs

EURUSD and GBPUSD

MetaTrader Chart Timeframe

H1

Dark Algo's Live Trading Results, Verified by MyFxBots

Live trading results of Dark Algo are fully verified via MyFxBook. The conservative 3-year signal demonstrates consistent performance with low drawdowns, reflecting the EA’s robust risk management in real market conditions.

Started On
Feb 06, 2025
Leverage
1:500
Starting Balance
$900
Total Gain
+912.59%
MyFxBook (Test Hoster)

Live Test Summary

Started On
Feb 06, 2025
Account Leverage
1:500
Profit Factor
2.68
Total Gain
+912.59%
Absolute Gain
+113.46%
Monthly Gain
46.23%
Daily Gain
1.26%
Total Pips
1,621.0
Total Trades
758
Profit Amount
$1,021.13
(%) Won Trades
1,621.0
Drawdown
49.11%

These live results confirm Dark Algo’s ability to maintain low drawdowns while generating consistent scalping profits, validating its algorithmic stability and market adaptability.

Trading Strategy of Dark Algo:

  1. Signal Generation with Stochastic Oscillator The EA monitors the stochastic oscillator on selected timeframes (e.g., M5) to detect overbought and oversold conditions, pinpointing precise entry levels.
  2. Advanced Noise Filtering Custom filtering algorithms remove market noise and false oscillations, ensuring only high-confidence signals trigger trades.
  3. Conservative Position Sizing Risk per trade is set conservatively to limit drawdown; lot sizes adjust dynamically based on account equity and volatility.
  4. Hidden TP and SL Take profit and stop loss levels are internally managed and hidden from the broker to prevent stop hunting and protect positions.
  5. Multi-Pair Execution Trades are executed simultaneously on EURUSD and GBPUSD, allowing diversified scalping opportunities.
  6. Real-Time Performance Monitoring Ongoing performance metrics are tracked and can be reviewed via MyFxBook integration for transparency.
  7. Automated Session Management The EA can be configured to pause during holidays or high-volatility events to avoid unpredictable conditions.

Conclusion

Overall, Dark Algo by DARKEAS presents a robust automated scalping solution for EURUSD and GBPUSD. Its stochastic-based entries, noise filtering, and hidden risk management features deliver consistent low-drawdown performance. Verified live results via MyFxBook affirm its reliability. Ideal for traders seeking disciplined, algorithmic scalping with ease of use on MT4 and MT5.

Risk

Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.

Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.