IvyBot
Honest review of IvyBot Forex Trading software
Creators
This trading software is a creation of Byron and a team of experts consisting of 5 professionals. This team is made up of two genius mathematicians who are John & Todd, Sam and Max are software programmers who did coding for MT4 platform. According to Bryon and his team they claim this trading robot includes cutting edge trading algorithm that combines a number of variables namely: Trend Analysis, technical value patterns, market liquidity, volatility, weighted value action, volatility, and forward projection scanning. This entire attributes come in a single thrust allowing the software to predict futures with a 98% accuracy level.
Features
The most vital aspect is that it comes with four separate robots for each four currency pairs namely: EUR/USD, EUR/JPY, USD/CHF, and USD/JPY. It further focuses on shortings and runs on 1H chart meaning 3-10 trades per week - that's quite low but remains to be accurate (at a minimum success rate of 78%). A short glimpse at a user feedback level shows that working with EUR/JPY and USD/JPY saw 22 trade winnings after IvyBot placed 31 trades which translate to be 71% win rate. In addition, it also comes with a Market Watch Custom indicator, $500 trading account top-up bonus, free life-time updates, and a session Profile Custom indicator.
It won't go unmentioned that this software also comes with adjustable settings allowing users to increase trading frequency to speeds they prefer - usually done by advanced users who understand risks of getting negative success rates).
The positives
This software comes with a number of pros that potential buyers will want to take a glimpse at before adding it to the cart.
- It is reliable - this trading programming is created by 5 intelligent minds who are graduates from Ivy League Universities. Also, inbuilt strategies went through extensive trading research, testing, and development. So it is fully automated for FX market with no much human intervention.
- It is uncomplicated to install and utilize, and furthermore gives out impressive results.
- The software also comes with a top icing on the cake as users are liable to weekly updates after being tweaked to ensure it works better; a measure that ensures it goes in tandem with the prevailing FX market.
- It is also relatively cheaper compared to other trading software that have flocked the market.
The Negatives
It uses 4 currency pairs only - although other robot trade on one currency pair, it would be a measure to stand out of the crowd if this software could have housed some more pairs to fetch the attention of many more traders.
Automation as a disadvantage - this makes traders lazy up which can lower profits in the long-run since craftsmanship of trading manually will become absolute. So it is important that traders don't rely on it and practice going through training guides and manuals.
The Bottom line
As long as automation remains to work then IvyBot is a real gem with proven success trades averaging 95 wins and 5 losses for every 100 trades.
Check it out and post a review further down here if you think it is any good and legit, or if it is a scam or a fraud. Also, watch out for occasional discounts and free promos such, as downloadable pdf ebooks.
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By The Numbers - Rankings, Stats and More
Release Date:2009-06-04ReviewCritical.com Sales Rank: #13381
Category Rankings:
#689 in Software & Services
#76 in Software & Services > Foreign Exchange Investing
Price:149.95 USD
Refund Period: 60 days
Vendor ID:IVYBOT
Charts
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Vendor Updates for Affiliates
Product description updates for affiliates (sales partners) by the owner. Usually short 1 sentence descriptions, with some stats focusing on the profitablitiy of the product trying to convince affiliates for promoting it.- 2011-09-05 : The most awaited Automated Forex Trading System has finally been released and Affiliates and Customers alike are Eating this Up! Revolutionary technology puts the power of 4 Robots into 1 Power Packed Money Making Machine. You can't miss this one!
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