A promo series based on best out 2 out of 3 or best 3 out of 5 is a system based on luck. It just requires to land in the promos enough times to eventually pass you forward. This is a frustrating system. If riot wanted to fix this, they would keep the promo system for master and/or challenger and allow all other ranks to just rank up. Why have a tournament style system when competing for such a low rank with no rewards? At least for Master/Challenger it makes sense to have, you're competing for the title to go Challenger, a limited placement spot. Bronze,silver,gold,plat and Diamond do not have these issues. So why a tournament system when the placements aren't limited?
As for Win streaks, the more frequently you go through a win streak, the higher the odds are for you to be paired up unfairly.
As for the Trolls/afk/feeders, I don't know how it is in other elos above gold, but I doubt they're the same rate as Bronze. I've been in S2 and it wasn't as bad. As for Tilters, I hear they're the worst at Platinum. elo.