No. of Recommendations: 0
has anyone used this software

I use it and I would say I am a happy customer.

It does a good job of predicting(approximating) the ranges and the trend - but do not expect it to be the holy grail.
VP is based on neural network algorithms. Neural network systems work well in approximation and error-correction strategies. Like all other systems, they will inherently fail if you expect them to predict exact buy-sell signals.

If you trade using technical analysis, VP is a useful tool to have - especially to investigate the strength of a trend and for placing stops and profit targets.

The VP software is expensive(5-6 times nearest competitors) and is recommended only if you are a serious trader, spend serious time researching charts, trends etc and have a rough idea of the general market trends.

If you expect to make money with simple buy-sell signals then VP is useless.

Although I do not post my trades on these boards, here is one my previous(recent) trades - the overall trend and direction was confirmed using VP.

My complaint is that their interface is pretty primitive and I wish they allowed customization, searching, filtering, ranking based on trends etc.

Feel free to PM me if you want more specifics on my experiences.
Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.