In modern day trading, traders (even the less experienced ones) can develop their own trading strategies with the help of platforms that provide such services to traders. NeuroShell Trader is claiming to provide traders with this solution.
It’s basically a Forex development softwar that makes “algorithmic and artificial intelligence trading” easy. The purpose of the software, is to allow traders to build their own trading systems without coding experience in a relatively short period of time, where developing a system regularly takes days or weeks.
Today we will be providing an in-depth review, and letting you know if this software can be used by the average trader to truly developed an effective automated trading system.
The service is created by Ward Systems Group, INC. this company is also behind other advanced trading software like the ChaosHunter, NeuroShell Predictor, NeuroShell Classifier, GeneHunter, AI Trilogy and more. They are located at Executive Park West, 5 Hillcrest Dr., Frederick, MD 21703. To get in touch with support, traders can email [email protected] or phone (301) 662-7950. They also have a sales only Skype account, ward systems. If you’d like to trade with a reliable Forex system that makes money consistently, we advice you to take advantage of these tools.
The above trading products and services are for traders who don’t want to undergo the hustles of trying to figure out the strategy that works. They are a ready made solution for traders who are satisfied with what they can make even if it’s just 5% of their capital in a month.
NB: Interested In Mining Bitcoin And Other Cryptocurrencies for Profit? Now, You Can Mine Better, Faster and Smarter for More Profits With The Ready to Use, "High Performance", and Approved IQ Mining BTC Cloud Service For Miners. With This Mining Service, You Will Get Up to 128% Yearly ROI from Mining Bitcoins Alone Without Having to Buy Any Expensive Mining Hardwares and Softwares! Not Only That, You Will Get Your First Payout In First Few Hours After Buying a Plan With IQ Mining. You’re Also Given a Dedicated Account Manager After You Buy A Plan Who Will Help You With the Best Pool Allocations and Account Setup Plans To Get the Most Out of Your Purchase.
It is crystal clear that the NeuroShell Trader is a very powerful trading tool because of the sheer amount of features that it provides to clients. Traders can easily point and click using the chart based interface to build complex strategies with no coding knowledge.
The system comes with over 800 indicators built in, third-party add-ons, and custom indicator API’s. There are simply too many features breakdown each one, so he will provide a list of some of the features that we appreciate most.
One of the main aspects of the NeuroShell Trader is that they claim it is “designed for everyone from novice to professional traders.” They feel that their strategy wizards, how-to video library, intuitive tutor and extensive documentation make it very simple for traders to build their own trading programs. Yet, they do have advanced hybrid models, market neutral hedging, walk forward optimization and many other features that will be suitable for advanced traders as well.
The only real question that we have at this time, is about what is being output. The program allows traders to create and save custom indicators, but we aren’t sure of the platform these are created for. Are they built for MT4, MT5, cTrader or Ninja Trader? This doesn’t seem to be mentioned on the website, and it’s extremely important, as you want to create a trading system for a platform you aren’t even going to use.
Traders interested in this system, would likely also be interested in ForexSB and Algominr as well.
Based on the compatible brokers section, it doesn’t seem like you can create MQL4 or MQL5 files that can be plugged in directly to Metatrader. If you are using Interactive Brokers, FXCM, TradeStation or ZagTrader, there are “connections built into NeuroShell for automatic (integrated) trading.” So, you don’t just create the strategy, and move back to your platform. You will have to utilize the NeuroShell Trader in order to access your strategy whenever you want to use it.
This is not a major issue, as it’s just another piece of software running in the background that doesn’t seem to take up much in terms of resources.
It’s clear that the NeuroShell Trader is a very powerful trading tool because of the sheer amount of features that it provides to clients. Traders can easily point and click using the chart based interface to build complex strategies with no coding knowledge.
It comes with over 800 indicators built in, third-party add-ons, and custom indicator API’s. There are simply too many features breakdown each one, so he will provide a list of some of the features that we appreciate most. Here they are:
The program provides everything you need in order to create and develop a trading strategy using many indicators.
Access to the NeuroShell Trader isn’t cheap. There are 6 different plans available ranging from $495, to $3495 for a lifetime license. The basic plans go for $495 or $995. They offer a smaller indicator library and have very limited access to the features available.
The professional plans are likely the most popular as they go for $1495 or $2495, and provide close to full access to all of the available features. The last plan, is the powerful user plan which goes for $2295 or $3495. With this plan traders get access to every feature including multiple time frame analysis, advanced money management, walk forward optimization, batch processing and position scaling.
The NeuroShell Trader is a very powerful and impressive system, but that doesn’t mean that we recommended for everyone. While the program is advertised as a system that can work for novice traders, we don’t think that’s their true market. A tool like this one will have a steep learning curve, and take a lot of effort.
So, we recommend this to more advanced traders that are willing to put in the necessary time in order to learn and use it properly. This is a very expensive program, so if you decide to purchase it, you should take it very seriously.
If you have anything you would like to add to the review, please leave your questions and remarks below the article now. Otherwise, we still recommend these trading products as they have stood the test of time.
Help Us Fight Scams. Please Donate to Support Our Work. No Amount is too Little or too Big. Thank You..
February 8, 2019 By Ghazanfar
The phrase ‘Necessity is the mother of invention’ seems true for Iran. This is because Iran has unveiled its own...
February 8, 2019 By Ghazanfar
In spite of long bear market, Bitcoin transactions per day are increasing. Today the level of these transactions has touched...
February 4, 2019 By Ghazanfar
Although bear market in crypto world is extending, yet many fiat currencies are facing the threat of destabilization. This is...
February 4, 2019 By Ghazanfar
In spite of mix signals from the cryptocurrency world about the future of cryptocurrencies, many countries are planning to test...
February 3, 2019 By Ghazanfar
The idea of Bitcoin adoption as an international currency is not at all new. Over the years, many financial experts...
February 2, 2019 By Ghazanfar
Bitcoin’s entry into the longest ever bear market in history is one of the most burning issues of today. The...
Valforex.com cannot be held liable for any damages incurred due to the usage of any information displayed on this website. The information and trading guides found on the website constitute the authors’ opinion only. Both Forex and Binary options involve high-risk and are not suitable for all investors. Either Forex or Binary options may not be legal in your jurisdiction. It’s visitors’ responsibility to make sure these entities are legal in their jurisdiction before engaging in trading activity… Read More