In July, 2009, the Ivybot - the very new Forex robot - was released to the general traders of Forex market. It has already created quite a hype among interested buyers because of the big data processing capacity it features. The Ivybot program highlighted its adaptable characteristics, it will change its trading strategy in all market situations. The one of a kind algorithm forms the actual IvyBot system by its design team. The algorithm contains the following variables: records of technical price movements and patterns, prediction of market liquidity, any market volatility, forward projection scanning, trend analysis, weighted price action. All these parameters are structured into the IvyBot system, fully run at any time, any where, and push its prediction accuracy as high as 98%.
The typical Forex robots analyze the market and look for the best moment to trade. For any inclination of winning, the robot will seize the moment and exit the trade automatically. The down side is these robots welcome the 'non-likeable' circumstances as they stayed on the same way of doing things, when the pattern becomes arbitrary, it is hard to obtain clear data. Most robots are programmed to suit a certain type of market situations, they can earn money when the time is right, but eventually customers will lose money when the market situation suddenly fluctuates and blurs out advantages or disadvantages, and nowadays this kind of transition phases between up and down motions are very common, and very often they have short durations.
However, the Ivybot wants to excel its peers by quickly adjust its understanding of the changing market situations. Of course there are winsome strategies already pre-programmed, but this machine also promised to react to market fluctuations in a positive way. Ivybot owners have updated version of their software, with recommendation on adjustment of strategies to deal with the good and bad conditions. When the update of the Ivybot is very new and frequent, then a certain group of users will have a relative advantage for quicker profit making in the market compared with other people since they know things in advance.
Though assuming victory by disseminating rapid information and analyze the moments of changes, Ivybots does not guarantee any money back when it fails to earn money for an owner. It could be quite a waste for those who do not know the product nature very well and not interested in Euro-dollar trading.
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