Trends come and trends go and nowhere is this more true than in the realm of forex trading. It seems that everyone and their uncle is telling you that a given market is predictable and they have a secret, either better research or a magic algorithm, and they want to bundle it into a picker program or a trading robot. The promises are all the same – "You can be an idiot and let the software do all the work for you…"
IvyBot is the latest contender in the ‘trading robot business’. Put together by a quartet of Ivy League students who lived mathematics in their dorm room and traded forex currency markets, first to cover expenses, and then to make a living, it’s the culmination of years of research and tried and true experience on the market between two top flight quantitative analysts and market researchers and two computer programmers (there are now a few more coders who handle the updates, but the fundamentals remain the same).