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Hi Ericbubb I have had Vp for about 1 yr I don't take much notice of neural index or predicted high low I will put an attachment on here for you to see how i use this software and what i look for just so you can see a different way to look at it.This is the best way i have found to use VP the PTLDiff must be on a high if going short and has started to turn to the down side if you zoom out over 3yrs you will see where the tops of the peaks are. If going long just the opposite
Hi RamanSL
Yes the only thing I don't like about these 2 trades is there's no divergence on the PTLDiff which makes me think they may continue on after a bit of a pull back but Im not sure as I lost my crystal ball but good luck to you and hope we make some pips!
Im in EG @ 80.20 SL @ 79.90 and GC @ 1.4980 SL @ 1.5020 (either way my short GBPUSD will and has covered these 2 trade if they hit my SL)
Price hit SL on both pairs -70pips
View attachment 5445View attachment 5446
VP only gives you one time frame to work off and that's a daily chart,after you download the data you can look for a trade using VP and enter by using the predicted high and low for the day.This is a huge disadvantage because you only have one time frame to work off and the predicted high and low are way off and sometimes price doesn't retrace back to get you in at a good price(refer back to my last trade idea on EURAUD)
Another big disadvantage using VP is because it's at least 24hrs behind live feed sometimes VP chart doesn't give a signal but on the live chart you do get a signal so you can enter off the live feed so there are a lot of trades you could miss using VP
So ask yourself what would you rather,use live feed or VP that's that's downloaded once a day?
In the attachments is a USDCAD VP chart with no trade signal and my live USDCAD chart with trades I took(I have closed one of these trades and will let the other run so even if the trade I have let run hits my SL I will still BE)
P.S. Also note where live chart indicators are and VP indicators are and you will see there is NOTHING predictive about VP indicators like claimed they are just normal indicators you can get FREE on any platform
View attachment 6531View attachment 6532
IMHO, dkami start it wrong when states: we all should know usdchf has been in downtrend for a long time etc
When using a software, a client can not give his own point of view about trading but must execute a an order according to the software signals.
Can not predict when usdchf in downtrend and when it will become in uptrend, instead what the software signals show.
The VP representative explained to me that for a beginner using the software, must only execute a short when the 2 lines cross and the Neural Index 0, long when 2 lines cross and Neural Index 1. The TSI and Diff are for added safety, no more and can be confusing sometimes when do not match the lines and index signal.
Price had to hit SL on both pairs, IMHO, dkami longed EG when he must had shorted it because the lines crossed down, only if he was using VP software signal not his system. dkami must had longed GC instead of shorting it because the lines crosses up.
Both examples do not give him a reason to say the software does not work.
Another mistake when dkami said: sometimes price doesn't retrace back to get you in at a good price(refer back to my last trade idea on EURAUD)
What you are actually saying is that you do not trade according to VP Software signal but choose a less risk execution price due to your personal trading or indicators signal. A VP client can miss a whole trend doing so.
UsdCad long ended in profit and before VP gave a signal because anyone could had known that, the same thing you said in the usdchf post, but that does not imply VP Software is bad or lack execution time compared to dkami system or couple indicators. That does not imply it will be an always case.
The problem replies in dkami comparing his indicators to VP Software but when evaluating a product if it works or not, must use the same signals VP gives apply it to trading and discover the pros and cons. This is how we can conclude that the 86% accuracy is a myth. Neither conclude VP software does not work.
What I found from most VP clients who had a negative view, they had not apply the software user guide and dvd's nor had insistence in using it for long months. Gave up quickly. Most had not say the software does not work but negative view reasons were basically: expensive, wide stop loss(they are scalpers, should not use VP), orders run for long time, and the leading indicators are not really predictive.
Expensive? Do not buy but that do not mean it doesn't work nor means the value is fair or worth the product.
Am not saying buy VP software or not, but when evaluating a product must be more fair in highlighting the pros and cons not one of both, and after executing the same orders the software signaled.