It seems that some graduates from Ivy league colleges have been quietly developing a Forex trading robot of their own and named it IvyBot.
I still haven’t dug up all the details about this robot but you can check out this short video about it and see for yourself:
I happen to think that IvyBody is a pretty stupid name. I mean, just because you went to an ivy league school doesn’t mean that your Forex robot is going to be better than any of the rest.
However, just because this program has a silly name doesn’t mean that there aren’t some interesting things about it:
This isn’t a static robot which runs the same software over and over again. The robot is updated weekly by a team of traders and developers who constantly monitor the market to make sure that the robot works well in current conditions.
This is a powerful concept: a fully automatic robot which is constantly being updated and tweaked to perform better. I like this concept and will keep you informed as I learn more.
In the meantime, go ahead and watch this short video:
