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EA Review: CombatGuard

As a reemerge from a brief break of reviews, I’m intrigued by a new expert advisor that promises reliability and dependability above all else, CombatGuard Forex EA. The developers believe that they have an edge over other Forex robot producers, because their trading software is uniquely designed to be as user-friendly as possible. They believe that every single trader in this market should own it, especially if they don’t want to be left behind.

It is unknown who the developers of this EA are, there is little to no information about the company, or their location. All we do know, is that they can be emailed directly via support@combatguardforexea.com.

CombatGuard Forex EA Review

The creators of the CombatGuard EA are telling traders that this system can virtually see into the future. Obviously, this is an exaggeration, because they aren’t promoting themselves as fortunetellers. Yet, they claim that they can see about 2 to 4 hours in the future, which gives them the ability to predict the market with a high level of accuracy.

There isn’t much information about the strategy itself, but they do provide us with 6 features of the software, that they believe are important to better our understanding. They tell us that the software works around-the-clock, is 100% automated, dependable, user-friendly, perfect for traders without a lot of time and the ability to profit and manage risks efficiently.

Personally, I prefer a much more intricate and detailed explanation of the trading strategy being put forth, but this is currently unavailable to us.

Breakdown

  • Type: Forex Robot
  • Price: $179-299
  • Strategy: Undisclosed
  • Timeframe: M30
  • Pairs: EURUSD, GBPUSD

The CombatGuard Forex EA is currently being sold for $179 for one license, and $299 for 2 licenses. Account numbers can be changed at any time, so you do not have to purchase another license if you change your trading account, or brokerage. This is generally the case with most systems, but they do mention it on their order page, so I figure it’s something they want to make sure traders are aware of.

Trading Results

Currently, the vendor is providing us with one trading account hosted with FX Blue. This account shows that the CombatGuard EA is providing a weekly return of over 12%, and a monthly return of over 65%, but the sample size is quite small it just 40 days. It’s hard to know at this point in time, if this account will continue on an upward projection, because the first few months of any trading software can be quite fleeting. If I knew more about the strategy, I be able to better evaluate the system’s functionality, and overall likelihood of long-term success.

Generally I prefer accounts hosted with Myfxbook, but the vendor is also doing a performance test with FPA, so there are multiple levels of verification here.

I believe that all accounts being provided at this point in time, are demo accounts.

Client Feedback

Considering how new the software is, there is no real client feedback at this point in time. I will update the review with client feedback from other websites, soon as it becomes available. Until then, please leave your feedback here for the Forex Robot Nation readers.

Conclusion

As this robot is still in its development stages, I won’t be signing up with the CombatGuard Forex EA today. I will however, continue to analyze this software as the weeks and months go by, so that I can update you on his performance. Hopefully the vendors will provide us with more information about the service, and add some live accounts to their current tests.

Thank you for stopping by, and please let me know if you’ve anything you would like to add to the review.

About Patrick Ryan

Patrick is a Forex enthusiast, with over 10 years of experience in finance, and market analysis. He's eager to help traders achieve their investment goals, whether they are short or long-term. Patrick's penned thousands of reviews, and is always available to discuss trading with anyone who's interested.

3 comments

  1. Matthew Todorovski

    So far I am finding operation of this EA smooth and uninterrupted (unlike Finwe EA). Despite both EAs coming out about the same time, the payment processors are different and it doesn’t look like the same developers for both.

    This EA seems more promising than Finwe. I am not concerned about this EA, it seems to be working as it should and performance is slow and steady.

  2. This robot is using the Martingale strategy. I’m using it for a week. I have started with a 750 euros live account on monday, and on fryday i have 970 euros in the account. I have to say that I have some trades that are still opened, that are not going so well, -80 euros at this time. I hope that on moday to win this positions.

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