Velocity Finder Neural Trader is a beginner-friendly robot that provides alerts on every possible trading opportunity. The website tries to convince traders with catchy images and opens up live chat support in a few minutes to answer any queries. After diving deep into the system, we can understand the real performance of the algorithm
The indicator is available for an asking price of $450, which is quite high for an algorithm that does not provide verified results. Similar systems in the market are generally available for free. A high cost of the system makes it inefficient to invest in it.
Velocity Finder Neural Trader Trading Strategy
Velocity Finder Neural Trader is an indicator that provides respective buy or sells signals on the chart when attached. After you make a purchase, the developer will send over the indicator file, which has to be placed in the indicator directory of the MetaTrader 4 or 5 platform. Refresh the indicator tab and place the system on the respective charts to get signals.
The developer constantly mentions that the indicator uses a unique and complex strategy based on volume. They fail to provide any further information on the game plan, which raises many red flags as most of the indicators in the financial industry fail to perform due to poor coding.
Velocity Finder Neural Trader Features
The indicator has the following features as mentioned on the websites:
- Suitable for all types of market conditions and withstands all fluctuations
- Works for both MetaTrader 4 and 5 platform
- Uses the best strategies that experts formulated
- The indicator is beginner-friendly. Traders with no experience can use it easily
Velocity Finder Neural Trader Backtesting results
As this is an indicator, there are no backtesting results to guide us on the performance for an early duration. The developer could have used third-party software that can test out the indicators by performing simulated trades and generating a report.
Velocity Finder Neural Trader Live Trading Results
There are no live trading results that can prove that the indicator performs on the claims made by the developer. This type of activity shows that the algorithm does not work accurately and is another one of the scam systems in the marketplace that are made to take money out of the pockets of retail traders.
It is possible for the developers to trade the system on a live account and then upload results on verified performance tracking websites such as Myfxbook. Lack of backtesting and live proof raises many red flags for the system.
Velocity Finder Neural Trader Reputation
Customer reviews are available for We Talk Trade on TrustPilot, which gives them a rating of 3.2 for a total of 36 feedbacks. Customers state that the company is constantly charging them after they handed over their credit card details on the website. Traders also mentioned that their signals are fake and are not profitable. There are several comments on the false claims that the developers have made on the website.
The reviews give more weight to our previous conclusions that the system does not perform well.
Velocity Finder Neural Trader Review Summary
- Strategy – 3/10
- Functionality and features – 3/10
- Trading results – 2/10
- Reliability – 2/10
- Pricing – 5/10
Conclusion
Velocity Finder Neural Trader does not provide convincing evidence of profitability. It has no verified results that we can use to analyze and get proof that the indicator works or not. Furthermore, there are many comments on the noted review forum TrustPilot that advise us that the sellers are scammers. Traders should not invest in the algorithm, and it would be better if they invest their hard-earned cash elsewhere.
