Stryke Trend EA is a Forex trading robot developed by a group called Creative EA Solutions Dev Team. The robot provides clients with automated trading of the EURUSD currency pair. The team believes this is ideal because the pair is quite volatile. Therefore, the team believes that the robot can earn traders great profits by speculating on the price.
Creative Solutions EA Dev Team is quite new to the market. Despite this, the developers claim to have enough experience in forex trading. Further, they say they are software engineers that spend hours working on their expert advisors to make them profitable.
However, we cannot verify that this team of developers has any kind of experience in the Forex marketplace. Creativesolutionsdevteam.com does not introduce us to any of the team members. This is a worrying fact. There are many risks involved in investing in mysterious individuals on the Internet.
Furthermore, many other aspects make it hard to trust this company and purchase their products. This review will give you a detailed analysis of the Stryke Trend EA from the Creative Solutions EA Dev Team. You will see why we cannot place it among the best Forex trading robots in the market. Stick to products that have been tried and tested for a long period.
Stryke Trend EA Review
Creativesolutionsdevteam.com is a professionally built website. However, it does not contain much information about the Stryke Trend EA system. The sales page is just a single paragraph about the software. Surely this is not enough. We do not understand why any professional developer would do that.
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Investors always want to know everything about a product before they decide to invest their money. A single paragraph does no justice in this matter. As it stands, the product seems unfinished. The developers must do a better job of informing their customers. Otherwise, no one will take them seriously.
Moreover, the company lacks transparency in critical areas. Any professional knows that it is crucial to reveal who is behind a company’s operations. That is the only way to verify that the people behind a product know what they are doing. The only thing provided is a Facebook account of one Jared Jacobson.
Sadly even that link is not reliable. The link leads you to a Facebook account called Torque Trading. This only confuses clients on who runs the company. More questions arise, and no answers are provided. One wonders whether Torque Trading is another company or the same as Creative Solutions EA Dev Team. Furthermore, are they planning to rebrand or anything like that?
As it stands, these seem like amateurs who are not sure what they are doing. They need to get their ducks in a line if they expect anyone to take them seriously.
On a good note, though, the company does provide customer support. This is an essential feature for companies that handle people’s funds. Clients can get in touch with the company through their email [email protected] Sadly, they do not say how long it takes them to respond to customer queries.
Pricing and Features
Creativesolutionsdevteam.com lists the price of Stryke Trend EA at $99. This is a discounted amount as the website sites a $199.99 without a discount. The main feature of the Stryke Trend EA is that it allows automated trading of the EURUSD currency pair. The company states that the robot works best in the H1 timeframe.
Sadly, the company does not provide any licensing information. We have no idea what we get when we purchase the product. This lack of enough information is a common theme on the website.
Stryke Trend EA Trading Strategy
The company provides a short description of how its trading robot works. This is a good thing because it allows investors to assess whether it best suits their portfolio. The company claims that the robot uses a mid-scaling strategy in the market. Basically, this approach enables the robot to trap the price behind you so that you are in profit. When it senses a change in direction, it will exit you with a small loss and re-enter you with the strength of the new trend.
The tool trades 1-5 times a week and runs only on the EURUSD currency pair. Further, it comes with a template that traders can apply to MT4. Clients can also adjust the settings of the system to best suit their needs. They can adjust the take profit and stop loss; however, they want.
We appreciate that the company provides and description of the strategy the software uses. However, the hype some of the features as if they are unique to the robot. But this is not the case. Many other forex robots have the same features. Moreover, this system lacks options in terms of the currency pairs it trades.
Stryke Trend EA Trading Results
The best way to convince traders to purchase a trading system is by providing impressive verifiable trading results. The company claims that they have back tests from January 1, 2020, to July 31, 2020. They say the robot turned a $3000 deposit into a $12931.31 at that time. However, they have no records to show this.
The company makes claims that they cannot back up. We doubt they performed any back testing on their system. Even if they did, back tests are not entirely reliable. They are based on mathematical data and do not factor in natural events such as weather conditions. We know that events such as hurricanes can affect the markets.
Therefore, what we want to see from the company is a live Myfxbook trading account. It takes just a few minutes to do this. They are not doing themselves any favor by avoiding this. Moreover, verifiable trading results make the purchasing decision more comfortable.
Customer feedback is very crucial in determining whether a product is worth purchasing. Sadly, we were not able to find any customer reviews about Stryke Trend EA. Creativeeasolutionsdevteam.com has a section for customer reviews on the sales page. However, even that section has zero reviews from customers.
As it stands, we have no data to form a stand on what the customer experience is like. Understandably, the product is not as popular because it is new to the market. They are bound to make mistakes that new companies make. Therefore, the wisest thing to do would be to wat them out and see how they perform long term.
While Stryke Trend EA seems legit, we cannot recommend it to you at this time. It is still a new product in the market, and it is better to wait it out before you put your money in it. Furthermore, the company behind this product displays a lack of transparency that is inexcusable. We have no idea who is behind its operations or where they operate. Additionally, they do not provide verifiable trading results.
These are not the features of a trustworthy company. There are better products on the market. Such products are developed by individuals that operate in complete transparency. You would be better off using the best Forex trading robots in the market. They will give you consistent returns without compromising on your peace of mind.