The Latest Forex Robot Reviews
Now I don’t use a Forex robot but thoght I would take a look at some reviews for you…
IvyBot seems to be the one of the most popular. So let’s take a look at these reviews to find out more about using a Forex robot to trade…
One of the main features of IvyBot is that it has four settings so you can use it for 4 different currency pairs.
Most Forex robots are configured around the EUR/USD pair…however, IvyBot has individual robots developed specifically for 4 pairs. This means you can be very targeted in your trade set up and maximise the return on your investment after buying the product.
IvyBot Features
Following are the main features of Ivy Bot Robot.
- Automated Trading Robot – Completely Hands free
- Profitable trading system
- Automated Risk Scaling
- Active Trading
- High Spread Protection System
- Easy Installation. Ivy Bot is very easy to install.
- Trades multiple currencies
- Four unique trading robots for 4 currency pairs.
- Ivybot got Build in Loss Prevention
- Extremely low Drawdown
- Profits with real money.
The Ivy Bot Package includes the following:
- 4 Ivybot Forex Robots for four currency pairs
- 25 Page Installation guide with detailed instructions.
- 3 step by step Ivbot Installation Videos
- Free Scalper settings for Ivybot robots. Ivy Bot offers high accuracy scalping system.
- Life time Free updates.
OK so a couple of things to consider…
- You still have to press the button to enter/exit the trade! This still requires you to be detached from the market and take the risk on the software.
- Personally I don’t believe that ANY strategy is 100% accurate. The market gives what it does and you have to take what you can when you can.
I hope that helps. Take a look at the Ivybot site by following the link.
Further reviews can be seen here:
http://www.forexnewschannel.com/ivybot
Good trading to you all.
Annabel
Popularity: 24% [?]
Leave a Comment
If you would like to make a comment, please fill out the form below.
Great read, you can always learn something new about forex!
Hi,
That was a great article on the Ivybot. But have you really tried it out yet? There are so many hype out there and I believe this may be another one of them.
I have been a full time trader for some years and I can say so far only technical analysis and price action works for me. What about you? I have written quite a number of articles in my blog and you can take a look.
Regards,
Dan
Hi Dan
Thanks for adding your comment.
No I haven’t tried Ivybot. I agree with you that price action and technical analysis works as I too have been trading for some years now too! I think for some the psychology of trading can be an issue so using the robot software or an automated system is a good tool. I was impressed with the Ivybot as it offered 4 different currency pairs to its portfolio. As far as I’m aware, its the only software on the market to do this. As we both know from trading technicals each currency pair has its own identity and think the creators of Ivybot have done well to address this.
What are your thoughts about Forex robots and automated systems? My view is that there must be a demand otherwise it wouldn’t be worth the cost implications in developing new software. Quite a few Forex brokers offer some kind of automated systems…..there must be a demand! You can see from these Forex Broker reviews how many offer this service.
Let me know your thoughts and good trading.
Many thanks
Annabel