http://www.forextradingarmoury.com Equipping yourself with different forex trading weapons Sat, 22 Oct 2011 20:41:02 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://www.forextradingarmoury.com/ivybot-reviews/ivybot-the-first-robot-to-use-4-expert-advisors-to-trade/ http://www.forextradingarmoury.com/ivybot-reviews/ivybot-the-first-robot-to-use-4-expert-advisors-to-trade/#comments Sun, 02 Aug 2009 17:48:42 +0000 Jill http://www.forextradingarmoury.com/?p=247 Arrival of the next Super Hyped Forex Trading Robot. It has been 5 months since the last super-hyped up robot to arrive at the forex market. Guess which was the last one? Forex Megadroid !

Before the launch of Ivybot Forex Trading System ,I have at least receive 20 different emails from the various automated forex trading review sites and vendors. The figures went up even higher during the launched period.

Well, if you want to know which is the biggest Forex Products launching, just look at the emails sent. Ivybot Expert Advisor has everything. The marketing, the sales-letter and all the promises of riches. So will it fufill our expectation like what Fapturbo and Forex Megadroid did fairly well? 4 Expert Advisors instead of the usual one

This was what strikes me first when I was looking for information on Ivy Bot. This forex trading robot uses 4 x expert advisors to trade the 4 currency pairs in the forex market. Usually, you will see automated forex trading robot using only 1 trading method which is equal to 1 expert adviser. The problem with using 1 expert adviser is you are trying to use the same tool to do different specialized tasks. Every currency has their own distinct characteristics and pinpointing them using one forex trading system is near impossible.

This is one of the main reasons why forex trading robots trying to trade many currencies with 1 forex trading system failed miserably. However if forex robot was to trade one currency like what Forex Megadroid does, you will not get many trades. Most forex traders are impatient and they expect the Forex Robots to open trades more often.

This is where innovation comes in, the Ivybot creators adopted a well-balanced approach by creating 1 expert advisor for each currency. You are now effectively getting 4 x Forex Trading Software to trade each currency pairs. Something new and refreshing.

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