New Ivybot EA Review (Ivy Bot Results)

Review of the Ivybot EA

EA NameCurrency PairsTimeframeStrategyECN4&5 DigitsTake ProfitStop LossHome Page
IvybotEURUSD / EURJPY / USDCHF / USDJPYH1Scalping / MartingaleNoYes39-110NoneIvybot Website

Performance (Ivybot results)

Default Ivybot Settings

Update: April 10th, 2010 (Account got blown, but with relatively high risk settings for this account size)

Update (Sunday, April 11th, 2010) – Looks like the -$2300.00 Floating P/L Ivybottook into the weekend didn’t make it on the Sunday evening market opening. Ivybot tripled the account size in less than two weeks, but at a very high risk. I am going to optimize for some new Ivybot settings and give it another shot because it’s not too often you get an EA that can triple an account within two weeks. I will post the settings I will be using when I get it up on a new mt4stats account.


Ivy Bot comes with unlimited license. As a proof of license you need to enter the clickbank receipt code.


Scalping with some martingale.

Recommended Brokers

Any and all brokers. Try FXOpen or IamFX for great spreads and execution, perfect for EA trading.


Default settings tripled the account in less than two weeks, but carried a $2300 floating PL into a weekend where it ended up wipping the entire account when the markets re-opened. I still think Ivybot has potential so I am not completely writing it off. Just stay away from the default settings. I will update this when I start testing my new Ivybot settings.

Update: (April 16th, 2010) New Ivybot test account is up with new custom, lower risk settings. So far its off to a great start, lets see if it can keep the drawdown at bay.

Safe To Buy?


Ivybot has been approved for you to purchase based on its profitability, refund policy, and my custom settings. (you can get the Ivybot settings from the VIP section for free)

Overall Rating

  • Phil Des Reply
    Jul 29, 2010 @ 20:04 pm

    Be warned that IvyBot was made by Mark Trenton…the same guy that sold USbot.

  • wildeactive Reply
    Jun 5, 2010 @ 9:46 am

    Hello Admin,have you heard about the Fx promaker?
    tks. wildeactive

  • Jorge Luiz Reply
    May 4, 2010 @ 18:33 pm

    Hello Admin!
    Congrats on the site very professional.

    I have some questions and requests to you.

    * Could you pass me the configuration used in the test IvyBot.
    * In your opinion which system is more secure and profitable, or Forex IvyBot Hacked?

    No more, thank you for response

    *** Could send me by email


    Jorge Luiz

  • arshadhmalik Reply
    May 3, 2010 @ 22:34 pm

    I am extremely disappointed! 2nd time account is wiped out. It was really doing great perhaps it need little tweaking to avoid such sharp corners as on sunday.

  • sarah Reply
    May 2, 2010 @ 3:44 am

    Hi Admin, great site! Same here, unable to locate your new Ivybot settings to have a look.
    Hi Arshad, what settings are you using? Default?

  • arshadhmalik Reply
    Apr 30, 2010 @ 0:21 am

    Hi, I am a new user on this great site. I have received VIP password but was not able to locate IvyBot settings. I would appreciate if you locate me to these new settings.
    I am very curious how would we see the current drawdown !
    At , Analysis tab doesn’t show any drawdown values. If you open account at, they show relative drawdowns very well.

  • Chad Reply
    Apr 28, 2010 @ 10:45 am

    which broker did u install the EA?

  • Matt Reply
    Apr 23, 2010 @ 3:21 am

    Not sure your settings for IVYBOT are clear. My version (both 5.0 and 5.2) do not have the variables your settings are suggesting. Am I missing something?

    • admin Reply
      Apr 23, 2010 @ 3:29 am

      I am using a much older version right now, I will be upgrading it to 5.2 soon and will update the settings accordingly.

  • Peter Nam Reply
    Apr 22, 2010 @ 4:43 am

    I have a Ivybot 5.2 . Can you tell me Which version did you test?

  • admin Reply
    Apr 9, 2010 @ 7:48 am

    Well Ivybot has tripled the account in less than two weeks, but at what cost? The current draw down is $1200+ right now. Not the safest way to trade that’s for sure. Perhaps some optimized settings will help, but I will let this account run it’s course on default settings for now.

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