Ivybot -- Comments? success? settings?

Hi holycreation,

Got the same trades as you, LOL I also feel the same as you about the refund thing… :smiley: So far my FapTurbo has been performing very decently though. Got it on a small $500 GallantFX demo account, steady small profits.

I have Ivy running on two demo accounts, ForexMeta, BasicFX, same settings, different results. But still only 3 trades of FM & 2 on BFX. Jeez my petience is running out…

Maybe we just need to be patient though, I guess we weigh our options against lotsa small trades/few large trades depending on how patient we are :cool:

In the end a system can only be that good and at the end of a year you maybe see 400 small trades on one system with and avg return of 50%/month OR 40 large trades on another with avg return of 50%/month!

I have read so many articels/reviews & done backtests my eyes hurt but in the end I come to the same conclusion: The current best systems out there seem to be FapTurbo, Forex Megadroid (I’m almost scared of mentioning this one but there’s proof it works…) & hopefully Ivybot :confused:

I dare you to wait out the 60 (or maybe 50 LOL…) days with me!

I know that having specific brokers will drive to better transactions with some EAs, normally the best results won’t appear on the recommended brokers, but with IvyBot it’s way too bad…i got the usdjpy trades but none of the eurjpy and friends of mine got trades on the eurjpy and none on the usdjpy…

:confused::confused::confused::confused:

Ivy ivy…

Hahahahha! I know, I think I’ll be trying Ivy on GallantFX soon as they come highly recommended by some of the top auto-traders, can’t hurt to try anyway…

I’ll give my feedback as soon as trades start to happen, altough that could be in 61.385 days :stuck_out_tongue:

[B]So far I am down $ 527.00 since Ivybot was released.

I downloaded and installed Ivybot the day it was released with the default settings.

I set the Ivybot Four Lot Sizes to 0.5 as stated in the Ivybot PDF User Manual with a account balance of $ 1,500.

I have an live user account with FXDD with a $ 1,500 balance which is now down to $ 1,000.

The first week Ivybot made one trade for $ 64.00 profit.

The second week Ivybot made no trades.

This week Ivybot made three trades for a loss of around $ 587.00.

All of the Trades have been USD/JPY.

I just lowered my Four Lot Sizes from 0.5 to 0.4.

Jonathan[/B]
:mad:

three profitable trades on my account(forex meta) 10 pips each with ivybot on 10.08.2009.

happy with the kind of trading.

with recommended brokers it trades well,with default settings.

U mean you tweaked each trading currency pair to just 10 pips TP?

hi in forexmeta another trade in usd/jpy [email protected] now $60

nope i didnt get that trade =( anyone is same as me? my basicfx…forefx, metatrader didnt get it at all.

usd/jpy [email protected] and its reached take profit at 96.07
:)thats a good sign

when did this trade open?

I got one trade:

usd/jpy [email protected] TP: 96,70

:S

Got it the day it came out. Have it on basic fx. 2 demos one aggressive one default. have gotten a few reasonable trades but then big drawdowns that take days to make up. Actually still haven’t made them up. I am going to give it a little time but beginning to feel like its like most of the EAs out there.

I trade since 2006 on Spread Bets Companies, and they have fixed spreads, so now that I opened for the first time an account in the US, it is FXDD or ForexMeta as they want to be called, I see the spreads jumping all over the place during the day. I don`t have these short trades you had.

So, what`s the point of having floating spreads?

BasicFX
2009.08.12 17:10:11 order was opened : #1399972 buy 0.10 USDJPY at 96.07 sl: 0.00 tp: 96.89

MetaTrader
2009.08.12 17:10:43 order was opened : #75092806 buy 0.10 USDJPY at 96.06 sl: 0.00 tp: 96.88

So many other possibilities today to make money and Ivy picks this?

I intend to ride it out.

2 more trades on basicfx

defaults:
1399869 2009.08.13 03:09 buy 0.10 usdjpy 96.07 0.00 96.89 96.10 0.00 0.00 0.00 3.12

aggressive:
1397724 2009.08.12 21:36 buy 0.10 usdjpy 95.97 0.00 96.77 96.06 0.00 0.00 0.00 9.37

got 1 trade in basic fx

1397990 : 2009.08.12. 21:36 buy .10 usdjpy 95.97 95.47. tp 96.77. p96.02 .= 5.21

Hi all,

I am a forex newbie. I bought and installed both FapTurbo & Ivybot last month. Just 1 trade with Ivybot so far (almost 2 weeks now) for -$19 :confused:

FapTurbo does pretty good trades, though I don’t understand how the profit is calculated. Can someone please help me understand how profit is calculated in the below scenarios?

Type Size Item Price S/L T/P Price Profit
sell 3.00 eurgbp 0.85721 0.87320 0.85280 0.85728 -34.35
buy 0.10 eurusd 1.44195 1.39174 1.45600 1.43613 -58.20

Thanx

-Gctex

my trade is closed at a loss of -4.17. anyone having losses with ivy?

Hi to all

At 3am (00.00 GMT) in ForexMeta Ivybot opened a 0.10 buy usdjpy 96.06, TP 96.88.

So I went to sleep, leaving the bot in charge. When I woke up this morning, my computer was restarted by an Update of Windows XP.

This is not in the book!!!

I will have to disable Windows Updates…

Luckily the position is in profit, though not very strong the move. It is struggling to pass 96.50 and now coming back down.

Anybody having problems with Windows Updates, or is just me ?

Update, I close it manually to break even. It`s hard to be watching the trade go wrong.

I am running about 11 computers with demo accounts (anyone know a better way?). I had to disable windows updates on all of them. I got bit last month with the updates. Now i have to install them manually.