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USDBOT is a 2 in 1 EA for two currency pairs – EUR/USD and USD/JPY. The system is built around a strategy of a group of veteran Forex traders, which has taken them years to perfect. The robot was built using the adaptive neural network technology which takes into account common trading strategies in addition to its own. Thus the robot is able to adapt to different market conditions or trends.

The system is easy to install, it’s beginner friendly and most important of all, it comes with a live support chat for its users.

The live trading statements that I can see at the time of writing this are of a period of about a week and the USDBOT seems to be making several trades per day. Although this is only what I can tell from these statements, it seems that the EA makes most of the profitable trades at 10-100 pips (take profit being always set at 100 pips but the trades are closed early). The stop loss seems to be set also at 100 pips, but is often modified to 1 pip after the price moves (how much I can’t tell). That lowers the risk further.

While these statements are really too short to consider it as solid proof, it does look promising. I expect to see more live trading statements once the USDBOT starts selling.

Forex Exchange’s a complicated business. Most Forex traders spend many years to become great in it and still they occationally struggle to make decissions. Currency Exchange Trading applications such as IvyBot is developed to trade on auto pilot, but few people know that it may also offer help too. A trader doesn’t have to set the robot to trade on 100% auto, one can use it as a helper and use it as signals engine in trader’s trading strategy. Most traders use trading software to trade for them and don’t have much success. Despite that the experts are able to make use of it as an assistant and get the best use of it in their Currency Exchange trading.

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