IvyBot? - Pip Cop

**hotsawce** · 2010-01-06, 12:50 PM

I've heard recent raving about IvyBot. Anyone familiar with this EA? Heard it was relatively new, and pretty good (plus, forex-robots.com shows it to be a strong performer as well.)

**PipCop** · 2010-01-06, 01:03 PM

I've seen it being advertised, but as usual there is no way to demo it. If it seems to be a strong performer, I guess there is only one way to find out. Buy it and stick it on review here on the home page.

**hotsawce** · 2010-01-06, 01:07 PM

I'm starting easy with Megadroid

I was wondering about Ivy, though.

2010-01-06, 02:48 PM

Waiting to see if anyone reviews IvyBot..
Been having good success with Pips Miner though, anyone else?

TheTraderDude · 2010-01-07, 09:02 PM

Im running IvyBot on a real FXCM acct. I'll try to start a review.

**hotsawce** · 2010-01-07, 09:10 PM

Alright, awesome.

Isn't FXCM NFA regulated, though?

2010-01-07, 09:34 PM

hi hotsawce, not if you open up through their uk brokerage..

Trader Dude, what are your initial thoughts on Ivy Bot... (you know, maybe some 'pre-review' comments)?

..good trades,
Bot

TheTraderDude · 2010-01-07, 09:41 PM

MT4 accounts are run through FXCM UK (not under NFA regs). Correct me if I'm wrong.

Quote:

Originally Posted by hotsawce

Alright, awesome.

Isn't FXCM NFA regulated, though?

**hotsawce** · 2010-01-07, 09:56 PM

The thing about ivybot is some of the backtests arent all that great, so it might be lucky.

So far, megadroid and robominer seem to be the most proven. I've heard good things about equity builder, but i think that needs more testing, too. It uses a limited martingale strategy. backtests on that are iffy, too though.

2010-01-07, 10:09 PM

your right trader dude, fxcm through uk is not NFA regulated..

hotsawce, I am using Pips Miner. And I am blown away at this point

. I am still testing it, but has been putting out amazing results. I put a review up on this board, you should check it out.

here is the review so far..
http://www.pipcop.com/forums/current...g-results.html

I also use maga droid. I like it, it is consistent, but it isnt active enough for me, I think it only opened two or three trades in the last few weeks. That is another reason I have been liking Pips Miner. It opens about 4 trades peer day. Its up about +540 pips in about three weeks. And it has a money back guarantee, I only use robots that i can get my money back if iI don't like.

I havent tried robominer yet. how is that been for you?

...good trades,
Bot