Consistent and verified results are the key promises of Dynamic EA from Celestial Trading Tools. This EA is developed to capitalize on every trading opportunity. Long-term and sustainable results are assured by this FX robot with its adaptive and innovative design.
The MT4 trading tool is easy to install and uses versatile strategies to provide real-time returns. CTT claims to use time-tested and advanced trading approaches that give traders an easy and profitable experience. The company offers another EA named Sirius besides this FX robot.
Detailed Forex Robot Review
As an ATS that uses market trends to identify the right trades, Dynamic EA works by automatically copying trades to the user’s MT4 account. The absence of human involvement ensures precise execution of orders is achieved. Newbies, as well as professional traders, will find this FX EA productive with the consistent returns it delivers.
As per the vendor, the MT4 trading tool has been tested for 12 months and the testing has revealed that it is consistent and dependable. The returns provided by the EA were more than 220% since the testing began in September 2019.
Features of the ATS include 24/5 trading that is hands-free and automates user income, the ability to earn from anywhere and at any time, and enhanced financial benefits.
While the vendor does not provide a location address, the customer support options include a WhatsApp number, live chat, and email addresses for billing and partner support besides customer support.
Dynamic EA Strategy Tests
While the vendor does not provide backtests, we could find a vague explanation of the strategy used. As per the info on the site, this EA trades just five currency pairs. It uses market analysis and identifies a breakout phase for making a trade order on the continuation. As you can see there is not much to reveal about the trading approach. The lack of strategy explanation and absence of backtests make us suspicious of the reliability of this FX Robot.
Real Live Account Trading Results
This FX EA displays a real live account with a verified track record and trading privileges by the myfxbook site. Here are screenshots of the results.
From the above screenshots, the total gain is 67.72% and the absolute gain is 45.49%. We can see there is a difference in the total gain percentage and the value of the absolute gain. The daily and monthly gains stand at 0.18% and 5.66% respectively.
A drawdown of 9.28% is present. What we find suspicious is the hidden data for the balance, equity, deposits, etc. We could not find info on the lots, average win and loss values and the lot sizes used. The hidden data and the discrepancy in the gain and absolute gain percentages denote that the performance is not as assured by the vendor. This raises a red flag.
For an amount of £ 15 PCM, you can subscribe to this FX EA. Features that come with this plan include trading five currency pairs and use of a lot size of 0.01 for £1,000 on a standard account with a minimum deposit requirement of £1,200. The plan assures a return-on-investment percentage of 244.75. No refund option is provided by the vendor which compares to most of the EAs that are available in subscription format.
We found 141 reviews for the Celestial Trading Tools company with a rating of 2.2/5. The reviews reveal more negative than positive reviews. Here are screenshots of a few of the reviews:
From the negative reviews, it is clear that this company is a scam. The reviews indicate poor communication, performance, and huge loss of investment. The obvious conclusion from the feedback is that the trading strategy used is not working as the users end up losing or blowing up their account entirely. A few of the positive reviews indicate consistent results. But a majority of the recent reviews show that this is an EA to avoid.
Dynamic EA from Celestial Trading Tools is not an MT4 trading tool you should depend on. The vendor tries to lure traders with false promises of consistent results and huge profits. While CTT provides verified results and mentions testing the system for 12 months we do not see proof of its profitability.
Rather most of the results shown reveal hidden values indicating the vendor is not transparent about the approach used and the performance. The absence of backtests and negative user feedback further corroborate our suspicions that this is an FX EA that traders will do well to avoid at all costs.