by Fritz
(brainyforex.com)
Brainyforex can confirm that the live trading results produced by Inertia Trader EA on their third party verified account at myfxbook are reported accurately.
Our testing started on 19 December 2016 with a $1,000 demo account with IC Markets and ceased on 13 March 2017 with $726.50 balance. ie a -$273.50 loss for the period. 64 trades. 19 winners and 45 losers.
Unfortunately brainyforex testing was during a drawdown period BUT our main objective was to verify that the results as shown through myfxbook were those produced by Inertia Trader EA.
Even though this system has produced a loss for the prior three months it still may recover from these losses and produce profits into the future. It is worthwhile to continue to watch how this EA performs. If it does do well over the next 6 months I will purchase a personal copy.
During testing the program functioned well and setup was straight forward. The upsell currency GBP/USD did produce a profit of $80.24 (26 trades) ie 8% for 10 weeks as I added GBP/USD in early January 2017. I also noticed that this system has the ability to recover fast once it gets a few winning trades.
Overall, I look forward to watching it's future performance as I think it may have potential? I have limited space on my VPS and hence need to put other EA's on test so testing finishes for this system.
My conclusion on this system is a recommended buy if you like the results over the next 6 months as reported through myfxbook. http://www.myfxbook.com/members/babyjake1961/inertia-trader/1637649
Fritz
Brainyforex.com