Are you searching for the AlgoTradeSoft Innovative EA reviews in order to find out what is AlgoTradeSoft’s Innovative EA and how it works. The EA takes advantage of an adaptive trade management algorithm and costs nearly $30,000, so is it scam or legit? You are absolutely in the right place because here, within our Innovative EA review, you are going to find out the complete truth about Innovative EA.
Actually, we don’t recommend anyone to use Innovative EA. If you want to know why, then you can find the details within our Innovative EA review as below. If you don’t want to find out more details on it, but instead want to find out the legit Forex trading software, then you can click this link:- Best Forex Robots.
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OK, let’s begin with our Innovative EA review in order to find out what is Innovative EA in real.
Innovative EA Contact: No location displayed for the ISIT GROUP INC. Traders can get in touch with support by emailing [email protected]
AlgorTradeSoft Innovative EA Review
AlgoTradeSoft.com is a website that posses a great deal of the unknown, yet it still gives us small doses of its backtesting record suggesting that it is reputable. Innovative EA is the entity of a group called ISIT Group of Commpany. However, AlgoTrade Soft Innovative EA website generally operates an information portal for promoting a Forex system which the owner of this website claims will make you a lot of money since that they’ve back tested and optimized the software properly, to ensure that it has passed every single stress test they’ve put it through.
Innovative EA, in itself, is an expert advisor designed for the MT4 platform. This expert advisor is allegedly based on the breakdown of the most important support and resistance levels. This strategy is supposed to help the expert advisor connect to the market by using live data feed which is then used to decided whether or not a trade will be executed. They believe that through statistic collection and slippage control that they are able to control the quality of every single trade that is placed.
Innovative Ea is a Forex robot that functions as a support and resistance Forex strategy. This is according to the website. It is an expert advsior that can only trade on the EURUSD. It trades on the 30 minute time frame while employing trailing stop, specific operation hours and built-in money management for those that are interested in using it.
Just a small fraction of people out there would be 100% comfortable leaving Algotradesoft to do its thing.
Performance
There is a link to the Innovative EA’s “real account monitoring,” at the top of their sales page, but it no longer works. According to the page, the “EA signal is diabled and unavailable.” This is quite concerning, as it leaves us with nothing to go on except for a handful of old back test images. None of the back tests go beyond 2015, so they all need updates pretty badly.
With nothing but back tests, and the live account trading results no longer being available, I’m still searching for reasons to justify why this EA’s being priced so highly. I also have major concerns about why these live trading results are no longer available. We have to wonder if the account crashed, and if I paid for $30,000 for something to crash an account I’d be pretty upset to say the least.
Reactions
There are currently 13 reviews for the product, which makes for a total of 4 out of 5 stars. I assume at some point the product was being sold at a much smaller price point, and that’s when these traders were able to get their hands on it. There hasn’t been a review since mid 2016, so it’s been quite some time since this Forex robot was being actively traded.
Our best advise for you
At the current price point, with no real trading results to go on I can’t stomach purchasing the AlgoTradeSoft Innovative EA at this point in time. At the end of the day, these Forex robots will still win. We believe that trading must be a simple affair as opposed to an overly complicated thing. Also, we have tested those robots, so we are confident about them. Please leave your comments and questions below the article now.
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