Ivybot The Strengths

Type: Forex Trading Robots Product: IvyBot TradersFactory.com Review Rating Rank: New and Under Testing Profitability: 7/10 (backtesting and 1st month testing) Reputation of Creators : 9/10 (Creators from Surefire Trading Challenge ) User Friendly : 9/10 (typical 5-10 minutes installation) Support : 8/10 (From personal experiences with the team handling Surefire)

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” The Strengths of Ivybot “

Consistently profitable over a period of 9 years

Although the backtest results for IvyBot doesn’t indicate what the future holds but that is only what we can base on for now.

The backtest over the past 9 years have been very profitable.   The forex robot has been scoring an average of 664.4% throughout the 9 different economy climate.

At least we do know that the trading system used are suited to trade in the forex market.

So now lets explore what are the factors that made Ivybot so successful over the past few years.

 

1-to-1 trading system vs currency

If you have been trading manually, you will hear advices from veteran traders to stick to 1 currency. That is to learn and master them before you switched to another.

Ironically, most forex robots love to trade many currencies at one time to impress their customers. The worst thing is that there is only 1 type of forex trading system coded within.

Yes, the forex robot may still be profitable from one currency but it is very likely to give back to another currency behaving differently. You absolutely need different set of rules to deal with different currencies!

What Ivy bot does here is very unique and unheard of. It caters a dedicated forex trading system for each currency. (4 in total)

In other words, Ivybot consists of 4 sets of expert advisors coded with different set of rules.

By using the rule of specialization, your winning rate and profits would likely to increase.

 

Overall High accuracy winning

This is the benefit of focusing 1 currency with each trading system.

When I did a backtest, I found out that this forex robot has an unusual high winning rate which you don’t normally see with short term scalping system.

If you look at the end report in the backtest video section, you will see that for every 100 trades, Ivybot is scoring 94 wins out of 100 trades. That is an impressive 94% winning rate. Considering that this forex robot does open many trades at certain times.

 

Constant updates to the Expert Advisers

The creators have highlighted that Ivybot is an ongoing project and they will continue to tweak the settings to improve performance. As the creators are linked to the Surefire Trading Challenge, I believe they do hold their words strongly.

Luckily trends are alway strong and likely to stay for months, so if the vendors stay on the toes and carry to monitor the results, I am sure we will be extracting good profits consistenly and a very long time.

If you have seen the video on the homepage, you will see the forex software keeps on collecting data on the backend for analysis. Good to see that for the first time.

 

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