ok the aggressive settings one close with a loss.
2009.08.12 21:36 buy 0.10 usdjpy 95.97 0.00 96.77 2009.08.13 07:36 95.93 0.00 0.00 0.00 -4.17
the default settings is still open and has a gain right now.
2009.08.13 03:09 buy 0.10 usdjpy 96.07 0.00 96.89 96.24 0.00 0.00 0.00 17.66
go figure?
BasicFX
2009.08.13 05:09:36 #1399972 buy 0.10 USDJPY at 96.07 sl: 0.00 tp: 96.89 closed at price 96.22
MetaTrader
2009.08.13 05:10:07 #75092806 buy 0.10 USDJPY at 96.06 sl: 0.00 tp: 96.88 closed at price 96.19
I don’t have a clue why Ivy closed these trades, but it’s better than a loss.
I have changed nothing in the settings since the losing trades… At least it wasn’t a train wreck.
my default setting also close @ 96.21 for a $14.55 profit
since monday
default setting
3 trades == 2 losses & 1 profit :: netting -$14.33
aggressive settings
3 trades == 2 losses & 1 profit :: netting -$21.77
Just doesnt appear to function as advertized.
Seems more Like “Slap Chop”
My Live Ivy Bot Stats
now i know why there isnt any stoploss. Because they remotely control the stop prices. One of my trades has been canceled off in a loss by IVYteam. no wonder there isnt stoploss settings. There u go. - im pissed! :mad:
how can you tell that they remotely control the stop prices? does it show any differently than if the program controlled the stop loss?
Thanks everybody for providing such a huge lot of information about it. It actually helps us alot to make more profit.Keep using
Theres a automatic cut off by the IVYBOT. Theres an alert they are closing the trade. Thats for me…i dont know about some of you guys out there.
All the trades that have closed have shown the same behavior. It is a good thing that the trade closed when it did as the price nosedived. Sure would have been good to sell into that dive on usd/jpy
Is holycreation actually saying that there is an outside force working on our trades in the person of the IvyBot Team?
“Theres a automatic cut off by the IVYBOT. Theres an alert they are closing the trade. Thats for me…i dont know about some of you guys out there.”
Did you mean to type That’s it for me as in you are getting a refund? 
but the cut off is part of the program not something remote telling it to end the trade.
Thank you, now running without Windows Update.
Doing backtests for a year of data, Ivybot shows good profits, but sometimes does lose a lot of money, as much as 300 pips in a single transaction.
The pips lost is never the same, so the stop loss is not like in fapturbo which is fixed at 540 pips in eurusd.
Each pair balance goes from $1000 to $2000 - $2500, therefore $9000 profits after 1 year, with 0.1 lots, and leverage 1:100.
At the end of the backtest it shows the indicators, so I have an idea of the strategy.
Exponential Moving Average 12 HL/2
Exponential Moving Average 13 Close
Average True Range 50
Average Directional Movement Index 14 Close
That`s for usdjpy.
usdchf uses 46 and 13 EMAs,
eurusd uses 26 and 13 EMAs, and
eurjpy uses 1 and 13 EMAs.
I suppose it is looking for trends.
Although some trades seems to be scalping, I think it`s because of the exit, I guess it waits a number of hours to reach target, otherwise just close the position.
I think it close the position when something indicates a reverse.
It definitely enter trades after the move, wait for retracement and then enter. That`s why I did not like the trade on Monday, after the move on NonFarmPayroll on Friday and the news during the day. I suppose we can close manually some trades if we are not happy with them. At the end of the day, it is our money at risk.
Have you done backtests ?
I am worry with the losses, most of them are in August - September 2008, and my real account only have $500, so 2 big losses get me out of the game.
it has been two weeks since ivy relesed and all of the trades are in usd/jpy.i wonder why.does anyone has an opinion about that?
i meant that was the case for me. because it ended the trade itself. Either Its Remotely set in this way or IVYteam terminated the trade. It was still in a loss. Therefore i found it quite bizarre as some trends are still unpredictable and yet it just end the trend by itself. so how can i leave IVY On by itself while i am away if it works like that? Market on these few days werent fluctuating alot. and yet IVY’s TP is really high. i doubt that can work. What do you think guys? With unseen SL settings i feel unsafe. Either u win alot or u lose alot. thats IMO though :rolleyes:
Metatrader opened it, but BasicFX missed it.
2009.08.13 17:23:06 order was opened : sell 0.10 USDJPY at 95.45 sl: 0.00 tp: 94.63
I intend to let it run. Win, lose, or even. This EA either works or it doesn’t.
hi,
new trade in the usdjpy tonight, short @ 95,45 time 2.23 cet.
this week about 170 pips by ivybot, not so bad…
guys…my IVY today went super insane. it made a insane profit of 842.55!! hehe. did anyone get the trade? my FSforex went 842.55. BasicFX/MetaForex still trading. currently only up by 22-28 profit. it was USD/JPY Pair ! i think thats what they normally trade on. . But FINE results~ hopefully to see somemore shockers soon =) Good profit Day !!
hi holy
nice to see the profit in which pair u got take profit…
But it finally opened a second trade on usd/jpy
Metatrader
2009.08.13 17:23:06 order was opened : sell 0.10 USDJPY at 95.45 sl: 0.00 tp: 94.63
BasicFX
2009.08.13 22:54:40 order was opened : sell 0.10 USDJPY at 95.32 sl: 0.00 tp: 94.50
How many pips was that trade and what time?
Based on what ukfx and others are reporting it seems this product might work better on a different broker than the 2 recommended by the IvyBot Team.