Posted by admin on Feb 8, 2010 in
Main Content Want the real truth on IvyBot program? Below are 3 simple reasons to order IvyBot today-
1. “bviously the more the currency pairs you can handle at any given point of time the more are your profits and large forex brokers have offices with expert staff handling various pairs of currencies of the world. This helps them to earn and maximize their revenues and earn the profits. Ivybot does not require any specific knowledge to operate. It just has to be switched on and it will remain on and trap all the minute favorable movements in the trading of a foreign exchange. Forex trading robots are so perfect in their deals and timings that they are becoming popular by the day.” – portion of exinearticle by Forest Lopez
2. “IvyBot is the only automated forex robot to use 4 expert advisors at the same time. Every robot on the market today has 1 system trading multiple currency pairs. IvyBot is a robot that is specifically designed and optimized to trade each of the 4 currency pairs: USD/JPY, USD/CHF, EUR/USD and EUR/JPY.” – portion of exinearticle by Arek Zbikowski
3. “For anyone who tries their hand on the IvyBot it looks a bit complicated for the first time but once you get your hands on it is quite a smooth sailing. To your surprise it has so far not reported any sort of inconvenience from its users. The IvyBot is user friendly and the installation takes only a few minutes of your time. You need not worry about the trading with this robot going outdated since it gets weekly updates and so the system is upgraded.” – portion of exinearticle by John M Williams
The above IvyBot Review just highlights the positives of using an autopilot system, especially when it is effective and easy to use.
Last pointer, here’s another good truth to IvyBot, read this article – http://ivybotreviews.net/ivy-bot-review-does-ivybot-work/
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Tags: Autopilot System, Currencies Of The World, Currency Pairs, Expert Advisors, Expert Staff, Few Minutes, Foreign Exchange, Forex Brokers, Inconvenience, John M Williams, Pointer, Profits, Real Truth, Robot, Robots, Smooth Sailing, Surprise, Tungsten Wedding Bands, Weekly Updates, Zbikowski
Posted by admin on Jun 10, 2009 in
Main Content This Forex Megadroid review takes a close look at the expert advisor software that claims it is “seeing into the immediate future with 95.82% accuracy”. Artificial intelligence is one thing – predicting the future is another. So how does the ‘droid measure up in practice? Can it really foretell the movements of the markets?
How It Works
Developed by John Grace and Albert Perrie from out of 38 years’ combined experience in the forex markets and launched in the spring of 2009, Forex Megadroid uses what is called ‘market adapting intelligence’ to make it flexible enough to achieve a high level of accuracy in a fluctuating market.
The criticism thrown at most automated forex software by many traders is that the robots can only make money if the markets are consistent. The old style of robot that was based on inflexible rules was not able to cope with major changes in the patterns of market fluctuations.
However, the new market adapting intelligence, as you might guess from the name, allows a new generation of forex robots to learn from these changing patterns so that they can adapt to a certain amount of inconsistency in the markets and refine their trading rules to fit. This gives your funds a much better chance of surviving when things become more than usually volatile.
Of course we are not talking about long term predictions. Forex Megadroid’s ‘reverse correlated time and price analysis’ (RCTPA) aims to predict market movements in the next 2 to 4 hours.
Results
At the time of writing, this EA has only been out for about 6 weeks so it is early days, but reports from users on the foreign exchange trading forums are very good. Many people are seeing 90% or more successful trades.
The bot needs to win 5 trades for every loss so a ratio of 90% will make good profits. Keep in mind though that this does not mean always 9 wins followed by 1 loss. You could have a couple of losses in short succession which will eat into gains and could frighten off beginners. Experienced traders know that losses are part of the game and you must be prepared for them.
In terms of percentage gains, users report 10% to 20% increase on live accounts over one month. That is a healthy profit.
Disadvantages
Users report that the Megadroid did not at first make as many trades as they expected. People were only seeing 3-4 trades a week. This meant that unless you wanted to risk large sums, you would not have a chance to make a lot of money in a short time, which many people starting out in forex want to do. So this was frustrating for many users.
However, a slow and steady approach is much more likely to lead to long term growth. If this software teaches beginners to look to the long term instead of trying to make a fortune overnight, it will be doing us all a service. So have patience while your bot is sitting there waiting to trade.
Anyway with the recent release of version 1.1, long gaps between trades do not seem to be so much of an issue and users are reporting up around 10-12 trades a week now.
Price
Given all that it does and the research and development that has gone into this, I was expecting it to cost more than the average forex robot. But it doesn’t. At the time of writing it is available for just $97 and even if you miss that price it is worth plenty more.
Guarantee – 100%
There is a 60 day 100% refund guarantee and you can claim this from the vendor Clickbank. You do not need to contact the product developers.
Forex Megadroid Review Summary – 5 stars
Automated forex software is constantly evolving but this one does genuinely seem to be the leader of a new generation. While there are others that use the same approach, Forex Megadroid seems to be getting the best results. With 60 days to play with it before you have to decide to return it or keep it, you can try it out without risk. Go for it.
Tags: Advisor Software, Artificial Intelligence, Better Chance, Changing Patterns, Expert Advisor, Foreign Exchange Trading, Forex Markets, Forex Software, Immediate Future, Inconsistency, Inflexible Rules, John Grace, Market Fluctuations, New Generation, Old Style, Perrie, Predicting The Future, Robots, Succession, Term Predictions