EA review - InertiaExtra
|Vendor link | Price:||$299 (2019.10.28)|
|Trading strategy:||S/R levels|
|Vendor live account:||Yes|
|Own live account:||No|
|Latest tested version:||v1.0|
|Latest tested date:||2019.10.28|
|Risk factors:||Slow execution of pending orders|
InertiaExtra trades the support and resistance areas of the EURUSD pair on H1 timeframe. Other pairs are not supported yet.
It uses market orders to enter the market and a trailing logic to set an SL level if the price moves into the profitable zone.
Normally, the trades are closed within a few seconds, therefore a broker with good execution and low spreads is necessary.
The author offered similar EAs with the same trade logic under different names in the past. It seems that he prefer to replace an EA with a new one instead of updating an already existing one. Keep this in mind if you think about purchasing one of his EAs.
Our opinionThe backtest is very good. However, tests on other major pairs do not look convincing and if a strategy only works on one currency pair, it can also be a warning sign. The author offers a live forward account, but it still has a very limited trading history. The strategy is very broker dependent and should be tested with small volume first on a live account. However, there is a good chance that this strategy could be profitable in the right environment.
Fixed lot size backtests
Why do we use fixed lot size (0.1 lots)? Check our educational page.Dukascopy 2019.10.28, version v1.0
|Symbol||EURUSD (Euro vs US Dollar)|
|Period||1 Hour (H1) 2010.01.07 06:00 - 2019.10.09 23:00 (2010.01.01 - 2019.10.10)|
|Model||Every tick (the most precise method based on all available least timeframes)|
|Parameters||Magica=10000; ShowInfoPanel=true; ea_comment=""; lot_mode=2; Risk=15; Lot=0.1; SL=200; Spread_contr=8; GMT=2; TrailingStop=7; TrailingStep=2; BrokerQuotesShift_USE=false; BrokerQuotesShift_auto=false; BrokerQuotesShift_Custom=0;|
|Bars in test||60951||Ticks modelled||188313415||Modelling quality||99.90%|
|Mismatched charts errors||0|
|Total net profit||1461.68||Gross profit||2060.29||Gross loss||-598.61|
|Profit factor||3.44||Expected payoff||1.57|
|Absolute drawdown||9.58||Maximal drawdown||42.47 (0.41%)||Relative drawdown||0.41% (42.47)|
|Total trades||932||Short positions (won %)||476 (73.53%)||Long positions (won %)||456 (70.39%)|
|Profit trades (% of total)||671 (72.00%)||Loss trades (% of total)||261 (28.00%)|
|Largest||profit trade||23.65||loss trade||-21.88|
|Average||profit trade||3.07||loss trade||-2.29|
|Maximum||consecutive wins (profit in money)||22 (52.45)||consecutive losses (loss in money)||5 (-6.30)|
|Maximal||consecutive profit (count of wins)||118.26 (16)||consecutive loss (count of losses)||-25.49 (4)|
|Average||consecutive wins||4||consecutive losses||1|
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