Forex IvyBot EA Review

The Forex Ivybot is unlike most Forex Robots, because unlike others it is not considered to be a scalping robot. Instead Ivybot utilises two algorithms that measure the differing strength of trends at preset time frames, and takes a position in the trend when price variations take place. There are other technical indicators that contribute to the decision when these trades take place, such as volatility and time.

When using Forex Ivybot you can trade EUR/USD, EUR/JPY, USD/JPY and USD/CHF. The decision to run Forex Ivybot on 4 currency pairs was based on 2 reasons; firstly, you can encounter margin requirement issues if you run the robot on more than 4. However if you were to trade on less than 4 you would miss profitable trades, meaning less overall profit.

Doing it this way enabled the Ivy League developers to design each bit of code so that it was fully optimized to each currency pair, giving the robot the accuracy to suck as much profit as possible out of each trade.

One of the main things which make Forex Ivybot so special is that it is monitored by a group of developers who tweak it on a regular basis to perform better with the prevailing market. This isn't just a Forex Robot which is allowed to run on the market regardless of how things are going but a complex bit of software which is continuously impoved to help make it better.

Latest Forex IvyBot EA Reviews

Susan Bridge
7 Sep 2010

Forex Ivybot

Rating: 9/10

I bought it the day it was Forex Ivybot system released. Since then I have had the best results ever received since I started trading in the Forex market.

I was a little scared, well apprehensive using the IVYBOT Forex robot at first, but I had heard many great things about it so I decided to give it a go. I was a little confused at first, since its the first robot I have used but after talking to a person on their support team I was set up and ready to go. By the end of the first day trading I had profited $324.89, that's actual profit after investment. I am amazed by this Forex robot and recommend everyone looking to make money Forex trading to jump on board.

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