IvyBot Review  

Reviewer: Joseph Wolfe

Rating  

Website Reviewed:  Ivybot, the Professional Forex Trading Robot

Ivybot is the newest automatic trading robot for the forex markets. It was developed by Ivy League Graduates, thus the name. This program not only analyizes the market, but it also decides on when to trade, execute the trade, monitor the trade, and exit at the right time to generate profits. This has to be appealing to many beginning traders and many who struggle with making the right choices in trading and are suffering as a result.

Ivybot uses trend analysis based on price action. How long the trend has been in place. Also Ivybot is 4 different robots in one. Thus each robot is associated with a curency pair. Most robots are a one sixe fits all, whereas Ivybot's robots are made for the following currency pairs: (Eur/Usd, USD/JPY, USD/CHF, Eur/Jpy)

Click Here for Ivybot the Professional Forex Trading Robot

IvyBot is an Expert Advisor program for the Meta Trader platform. This simply means that a trader has to use a broker that uses the Meta Trader platform. This platform is the most common trading platform in the Forex market, finding a broker on this platform will not be a problem. One feature I love is that Ivybot takes care of the Metatrader 4 FIFO rule change meaning your orders are direct and are not sitting to be processed.

There are quite a few robots on the market. Finding a good robot that continues to be successful long term has proven to be difficult. With the markets constantly changing it is almost impossible to find one program that keeps pace with the changes. IvyBot does have an edge over other robots. The creators realized the problems other robots had and have designed a robot that will update with the markets. The robot will adjust to fit the current market conditions. Unlimited adjustments to Ivybot will be made available to all owners at no additional charge. This is a huge plus to all owners of the robot, as the robot has the potential to always remain on the cutting edge.

Included with the purchase is a 27 page pdf install manual and videos which made it easy to install.

I think that if you are a beginner who is willing to learn, getting Ivybot from the get-go may be the best way to get started with Forex . Sure you will have to put in some work to figure it out, but that is true of Forex in general. Everything we preach on this website is about working and learning this craft.

So I say beginners can go ahead, and try it first on a demo account. Set aside some time to watch all of the videos before you start, read everything in the FAQ enough times so that you understand it all.. Don't put real money in before you are ready. Don't quit if you run into trouble setting up Ivybot. Just contact their support staff.

Click Here for Ivybot the Professional Forex Trading Robot