MyFxTools
  • Expert Advisors
    • Reviews
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading
No Result
View All Result
  • Expert Advisors
    • Reviews
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading
No Result
View All Result
MyFxTools
Home Expert Advisors

Dynamic EA Review

by Myfxtools
May 21, 2021
in Expert Advisors
0
Dynamic EA
0
SHARES
12
VIEWS
Share on TwitterShare on Facebook
Celestial Trading Tools

Dynamic EA is a trading advisor, represented by Celestial Trading Tools. Its presentation has a low level of information. There’s no main claim, just several little ones that inform us that everything will be great as soon as we start using this robot. 

forex ea chart
Would you like to try out trading with an Expert Advisor?
Check Out Best Forex EAs Here

Features

The presentation has a few features even after it got updated:

  • The system works automatically for us. 
  • It makes decisions about when to Buy or to Sell.
  • The robot consistently spots trend-based trading opportunities. 
  • It’s designed to execute orders on the Metatrader 4 platform. 
  • We may not overwatch the system during the performance. 
  • The advisor is good for all types of traders, from beginners to professional traders. 
  • The dev points out that ROI should be up to 220%. 
  • The advisor is introduced with the trading results provided. 
  • It works with five cross pairs. 
  • The system checks breakout levels to follow a trend. 
Dynamic EA features
Dynamic EA features
Dynamic EA features
  • It works 24/5 on the MT4 terminal. 
  • There’s an inbuilt money management system. 
  • It has ‘efficient risk management’. 
  • The default settings are everything we need. 
  • The robot is easy to set up. 
  • We may trade without a need to customize some settings. 
  • There’s welcome and dedicated support. 
  • There’s Stop Loss, Trailing Stop and Take profit levels. 
Dynamic EA charts
  • We’d like to note that these charts are based on fake data. 

How to start trading with Dynamic EA

We have to do some logic steps:

  • Purchase the robot. 
  • Receive approval to trade. 
  • Register a real or demo account on a broker we want to trade with. 
  • The deposit, most likely, should start from $1000.
  • The EA has to be set on the proper charts and time frames. 
Dynamic EA price

The offer looks weird. It’s unclear how much we have to pay and if this is for a lifetime license or for a monthly subscription. Everything is out of place. We have to ask many questions.

Backtests

The system is delivered without backtest reports. It’s a problem because we don’t know if the robot was truly well tested before release. 

Verified Trading Results of Dynamic EA

Dynamic EA Myfxbook

The robot has an account on IC Markets where the system works automatically with 1:500 leverage on the MT4 platform. The account was created on August 25, 2020. Since then, the total gain has become 62.17%. An average monthly gain is 5.59%. The maximum drawdown is 9.28%. 

Dynamic EA advanced statistics

Dynamic EA traded 956 deals and 2836.7 pips. An average win is 15.34 pips when an average loss is -16.80 pips. The win rate is 61% for both directions. An average trade length is 19 hours and 51 minutes. The Profit Factor is 2.01. 

Dynamic EA trading results

The advisor works with EURJPY, EURUSD, GBPUSD, NZDUSD, and USDCHF. The most-traded is EURJPY with 266 deals, while the most profitable is GBPUSD with 820.1 pips. 

Dynamic EA trading results

It focuses on opening orders during European trading hours. 

Dynamic EA trading results

Friday (233 deals) is the most frequently traded day. 

Dynamic EA trading results

The robot has to lose 72 deals to lose 10% of the account balance. 

Dynamic EA trading history

Trading activities are hidden. 

Dynamic EA monthly gain

The system makes little profits monthly. 

People feedback

Dynamic EA People feedback

There’s a profile of Celestial Trading Tools on Trustpilot. The rate is only 2.2 based on 138 reviews.

Dynamic EA People feedback
Dynamic EA People feedback

As we can see, no one became profitable with Celestial Trading Tools.

Is Dynamic EA a viable option?

ProsCons
Real-account trading resultsNo team revealed
No settings explanations provided
No risk advice given
No money-management details explained
No backtest reports provided
The advisor is too young
Weird pricing
No refund policy
Much negative feedback

Summary

Dynamic EA couldn’t convince people and prove that the account can grow under its management. The presentation isn’t informative and pricing is weird, keeping many questions unanswered. The site lacks feedback, but there are many negative testimonials on Trustpilot.

forex ea chart
Would you like to try out trading with an Expert Advisor?
Check Out Best Forex EAs Here
Previous Post

Gold VIP Signal Review

Next Post

Forex Affiliate Programs — How Do They Work?

Next Post
Forex Affiliate Programs — How Do They Work?

Forex Affiliate Programs — How Do They Work?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

12 − 4 =

Automated Trading Systems

TechBerry 90%
Trade Explorer 82%
Forex Gump 80%
FXGoodway 75%
Dragon Expert FX 65%

Recent Posts

  • Man charged in New York with 3-week kidnapping to try to steal Bitcoin
  • Goldman Sachs Expert Predicts Significant Gold Price Surge by 2026
  • Second suspect in New York bitcoin kidnapping surrenders to police
  • Apple to debut dedicated gaming app within days of Nintendo Switch 2’s arrival
  • Satoshi Nakamoto, BlackRock, and TechBerry — a new investigation by Newsweek
  • About Us
  • Contact Us
  • Privacy Policy
  • Risk Disclosure
Best Forex Tools

© 2023, Myfxtools

No Result
View All Result
  • Expert Advisors
    • Reviews
  • Forex Signals
    • Best Forex Signals
  • Forex Brokers
  • Forex Trading
    • Forex Guides
    • Analytical Tools
    • Charting Software
  • Crypto Trading

© 2023, Myfxtools