de | cn | ru

Expert Advisors Reviews

Inertia EA Review - is it scam or good forex system?

Have you ever wanted to hire a professional price action trader to manage your funds? If so, the Inertia Trader may be your solution. Here is out our honest review of this interesting trading robot.

 

Strategy

 

The Inertia Trader looks for serious market moves and then uses a proprietary algorithm to asses the likelihood of a continuation. It follows the market’s inertia, as the name suggests. This makes it a “breakout system”. Although all trading strategies carry a certain level of risk, this one does not use tricky concepts, such as grids, martingale or hedging. On the contrary, it trades the same way a lot of manual traders would – it waits for a break of a key support/resistance level and follows up, if it believes it to be a real breakout.

 

When it comes to risk management, the system uses a risk to reward ratio of 1:3, according to the developers. The stop-loss and take profits are set when a new trade is being entered. While that may be the case a quick glance at the recent trades reveals not all of them are closed at a stop-loss or take-profit level.

 

Historical Performance

 

The track-record of the Inertia Trader is being tracked on a verified MyFxBook account, which is being traded at FX Choice. The gains for about a year and three months worth of trading amount to aproximately 723%, which is impressive. When looking at the growth chart we can determine a few things:

 

 

Most importantly, the developers appear to be honest about the strategy behind the Inertia Trader (do not take this for granted with all vendors). The chart has a fairly random-looking slope. This is what you should expect from such trading. Grid-based systems usually have a lot smoother charts.

 

Furthermore there is a prolonged period of time in which the system isn’t going anywhere. This is basically the first half of 2017.  Here is a zoom on this period:

 

 

While this may have frustrated the people running this robot, it is to be expected with such technical systems. The market does not always cooperate with the set-ups you trade. Here is a look at the drawdown chart, which illustrates the negative period:

 

 

The Inertia Trader frequently hovers around the 20% mark, with the peak being above 40%. Some traders will probably not be able to tolerate this, but keep in mind, this is a system which closes loosing trades with a hard-stop. It does not carry massive losing trades, hoping for a market turnaround.

 

The average pips per trade score of the Inertia Trader is very high, when compared to most of what is offered, 10.3. We do not recommend trading with EAs scoring under 3 pips/trade, while 5 is a more solid guideline. As a comparison, the Cash Cow Signal EA only scores 0.9 in this department, which makes it less viable of a system. 

 

Pricing

 

The Inertia Trader EA is being sold for $347.00. Additionally a 60-days money back guarantee is in place. 

 

Bottom line

 

The Inertia Trader follows the market’s price … Inertia. The aptly name system uses some kind of breakout trading algorithm and utilizes a solid 1:3 risk/reward ratio. As the historical performance has indicated, this system may experience prolonged periods of time in which it seems to be stuck in one place. This is normal four such a system, as it is for a manual trader. In fact trading with this system appears to be similar to investing in a solid, non-emotional breakout trader, similarly to how the Harmoics Trader EA is to doing so with a harmonic pattern trader. 

 

 

TAGS: inertia trader  inertia trader ea  inertia trader review  inertia trader scam  inertia trader ea review  inertia trader ea scam 
Broker Country Regulation Platform Min Deposit Review
Cyprus CySec MT4, MT5, Web $5 Review Website
Cyprus, Australia CySec, ASIC MT4, Web $100 Review Website
UK, Cyprus, Hong Kong FCA, CySEC, SFC MT4, Web,
PrimeTrader
$100 Review Website
UK, Cyprus FCA, CySec MT4, MT5 $5 Review Website
UK, Australia FCA, ASIC MT4, Trading
Station,
NinjaTrader
$50 Review Website
UK, Cyprus, UAE, South Africa FCA, CySEC, DFSA, FSB MT4, MT5, FxPro
Markets,
cTrader
$100 Review Website
Cyprus CySEC MT4, MT5, Web $1 Review Website
Belize IFSC MT4, MT5 $100 Review Website
Cyprus CySEC in-house mobile
app
$50 Review Website
Seychelles FinaCom MT4, Web $10 Review Website
Cyprus, UK CySEC, FCA eToro
WebTrader,
eToro OpenBook
$500 Review Website

More Forex Expert Advisors Reviews

Forex Gold Investor EA Review - Is it scam or good forex system?

Nov 01 2017 12:40:41

The Forex Gold Investor is an automated trading systems which, as its name partially suggests, trades gold. In this review, we will attempt to unveil its secrets. Read more

Forex Fury EA Review - Is it scam or good forex system?

Sep 27 2017 15:32:55

 The Forex Fury EA is a product which you may have heard about. The team behind it runs a website, which reviews other Expert Advisors and recommends two of their own. In this review, we will give you our unbiased opinion on the Forex Fury EA. Read more

FXCharger EA Review - Is it scam or good forex system?

Sep 26 2017 15:27:24

This will be a review of the FXCharger Robot, a relatively new and interesting Expert Advisor. While not much is known about the essence of this system, we will delve into it. Read more

Long Vision EA Review - Is it scam or good forex system?

Sep 12 2017 13:34:59

The Long Vision EA is a portfolio of automated systems, which trade the currency markets. The system is being offered by a company called Feycox Development S.L. In this review, we will try to get a better picture of its performance. Read more

Einstein Trader EA Review - Is it scam or good forex system?

Aug 29 2017 09:18:04

The Einstein Trader EA is an automated system which has performed well in recent times. That being the case we decided to take a closer look at it, and see if we can figure out how it generates the results. Read more

Funnel Trader EA Review - Is it scam or good forex system?

Aug 17 2017 11:24:02

We would like to present you the Funnel Trader EA, an automated system, which you can try for a very low price. But before we get to that, let’s take a look at the strategy behind it.   Strategy   The team which created the Funnel Trader does reveal much. Read more

Cash Cow EA Review - is it scam or good forex system?

Aug 15 2017 13:24:24

The Cash Cow EA is interesting not only fot the funny logo, which the developers have chosen. We will take a closer look at this system and reveal the basics of how it trades. The developers claim 98% of trading is automated, while the human element is still occasionally there. Read more

Minesweeper EA Review - is it scam or good forex system?

Aug 14 2017 11:23:42

 We would like to introduce you to the Minesweeper EA, a bit of a mysterious automated trading system. The team behind this project has not released much information about the way it operates, but we will do our best to reveal its secrets. Read more

Innovative EA Review - Is it scam or good forex system?

Aug 11 2017 13:29:19

AlgoTradeSoft is a developer of automated trading systems. One of their popular robots is the Innovative EA. Not much is known about the system, but we will do our best to debunk some of its mysteries. Read more

Lion FX Trader EA Review - Is it scam or good forex system?

Aug 10 2017 10:49:33

The Lion FX Trader automated system is a rather popular recent example of the dangers involved with grid-based trading strategies. We would advise you to read our basic explanation on the topic of grids, martingale and hedging, if you are not familiar with these terms. Read more

Forex
de | cn | ru