Fapturbo and Forex Megadroid Ever since Fapturbo and Forex Megadroid came into the automated forex robots scene, they totally dominated this pie of the forex market. There wasn’t a decent forex robot that could really impress me. I mean there are many forex robots that do give you profits at the end of the month but I feel I could outperform them easily with my manual forex trading system. Ivybot Forex Trading System is the first forex robot that I seriously feel that could threaten these two kings of forex robots. If you look at my Top 3 forex trading robots, I could’nt find any forex robot to fill up the 3rd place ! The closest to that place was Forex Humanoid which I am still testing. The weekly demo account profits are currently standing at 25%+ . Hopefully Ivybot will change my mind as the whole package looks very good. Trading Methology The Ivybot trades with a combination of the following methods that professional forex traders love to use :
1. Trend analysis 2. Weighted price action 3. Technical price patterns 4. Market liquidity 5. Volatility 6. Forward projection scanning It is quite difficult for any manual traders to incorporate all the above at the same time while the forex market is moving. That is an advantage of using computers alerts to trade. The first to comprise 4 expert advisors into 1 automated forex trading system. The creators from IvyBot have improved a very important weakness of most forex trading robots.
There are mainly two types of forex robots. 1. One that only trades 1 specific currency pairs like EUR/USD. The results are often better but it doesn’t have many trades. And users are often very impatient not seeing their robot working. Example is Forex Megadroid forex trading software 2. The other type is where they used a SINGLE forex trading system for all the currencies pairs. Their account often do NOT hold on to profits for long. The profits from 1 currency would flow as losses to the other currency. This is because the range of movement and volatility is very different from 1 currency to another.
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