Comments on: IvyBot

By: German

German — Sat, 03 Jul 2010 13:45:19 +0000

I bought IVYBOT. I do not answer about my questions of the support center.

By: jay

jay — Sun, 11 Apr 2010 16:37:38 +0000

I had ivy bot and its been a big loser. They say they would keep it constantly updated but I havent received any updates that improve its performance. Any chance of getting a refund under the breach of contract laws??????

By: Hans

Hans — Fri, 26 Feb 2010 12:56:43 +0000

IVY BOT
Stay out of it if you want to keep your money. I have tried it for a long time on an FXDD account and the only success it make is drawing the account to the bottom and on Forex Peace Army test you can also see what bad result this EA have.
The backtest are very nice and profitable the same as most of the EAs on the market but real life account is something else.
Also be avare if you use EA today when the market got more volatility you must increase the stop/loss about 2,5 times more.

By: Jim

Jim — Sun, 07 Feb 2010 02:34:34 +0000

I use the “scalper” settings and get about 1 trade per pair day. I only trade the EUR/JPY & USD/JPY. On demo (since 1-21-10) Ivybot has placed 31 trades. It has won 22 trades for a 71% win rate. (2 of the losses were by a couple of pips otherwise they would have won) An average win is $254 and the average loss is $298. Again, this is a demo account, but I am close to trying this on a live account soon. (

One nice thing I do like about Ivybot is the fact that the average loss it close to same as an average win. Unlike Fapturbo where 1 stop loss wipes out around 10 wins.

It does have a fixed TP and a dynamic SL, but they can be adjusted to your liking. I figure if it can maintain a 70% or even 65% win rate, Ivybot could be a soild money maker.

By: tony bonn

tony bonn — Sun, 24 Jan 2010 23:01:12 +0000

ivybot is a money loser….i have run it in a play environment since 10/6/2009 during which time it has lost 47% of the initial capital of 5000usd…

i have used the default and recommended settings in the product documentation…

in no way whatsoever has it come close to fulfilling the wild claims of the ivybot website….

one release of its software (5.1) was a colossal disaster….i would not recommend ivybot for purchase…ivybot 5.2 has a ~100 usd cumulative loss – a far far cry from its preposterous claims on its website…emails to customer support result in glib and bland replies which usually arrive 3-7 days after being submitted….

By: EXCHNGR8

EXCHNGR8 — Sat, 02 Jan 2010 04:00:59 +0000

I have Ivybot and I first itrusted the signal and I trade live. And I place 2 big trades that week with that signal and they were losing trades for a lost of about 10K on eache trade, I have Megadroid as well and so far I only one trade I lost with Megadriod. I am Impress with it. Ivybot you need to do your home work before placing a trade.

By: KEVIN BEATTIE

KEVIN BEATTIE — Tue, 29 Dec 2009 16:56:16 +0000

I GOT IVYBOT ABOUT 4/5 WEEKS AGO AND IT DOES SEEM TO WORK QUITE WELL I HAVE PLAYED WITH IT QUITE A BIT AND IT HAS MADE SOME MONEY FOR ME BUT SINCE WATCHING IT FOR HOURS ON END I FOUND THAT I DO TRUST IT HOWEVER I HAVE INTERVENED AND CLOSED OUT TRADES WITH PROFIT EARLIER BECAUSE I HAD LEFT IT TRADE A FEW TIMES ON IT’S OWN AND IT WENT FROM 40 PIPS UP TO LOOSING SO I THINK IT’S A GREAT PRODUCT AND I WOULD RECOMMEND IT. I WOULD LIKE TO KNOW IF THERE IS ANY WAY TO PUT AN ALARM OR HAVE IT TEXT ME WHEN IT MAKES A TRADE OR EVEN BUY SOFTWARE FOR THIS ? I KNOW YOU CAN HAVE IT TEXT OR EMAIL WHEN IT CLOSES THROUGH META TRADER BUT I WANT TO DO IT WHEN IT BUYS A TRADE ????

By: admin

admin — Fri, 18 Dec 2009 14:43:32 +0000

It doesn’t hedge automatically as far as I know, so that shouldn’t be a problem.

By: Dean

Dean — Fri, 18 Dec 2009 03:49:32 +0000

Some broker do not allow hedging..can I use this EA

By: admin

admin — Thu, 22 Oct 2009 16:04:32 +0000

That’s funny, I never looked into their terms since I don’t sell anything myself. But if you go to their product catalog (you need an account) and search for “forex”, there are currently 426 products.