Trade Vantage – Scam or Not?

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Hey Guys,

Today I received a bunch of emails from Trade Vanatage, a new site claiming to be selling an artificial intelligence based trading robot. After taking a look around the site I noticed something suspicious about the trading software. In the video below I explain exactly what I noticed and why you might want to think twice before shelling out a fortune for this software.

Below is a screenshot of the Trade Vantage video and a screenshot of a chart with two moving averages. As you can see adding two simple moving averages replicates the signals given by this extremely expensive piece of software.

What does this tell us? Is Trade Vantage really artificial intelligence based or is it just another scam? You decide, share your opinion by leaving a comment below!

Trade Vantage Example – EUR/JPY Daily Chart January 13th 2012
EUR/JPY Daily Chart January 13th 2012

My Chart – EUR/JPY Daily Chart January 13th 2012
EUR/JPY Daily Chart January 13th 2012