I respect Alpesh Patel and have seen him go from strength to strength since about 15 years ago. Always went for rational simple practical approaches. Nice that he came from private retail investing too, not the corporate career track. Saw him deliver a concise presentation on his fund's strategy earlier in the year - its trend-following with MA's and pyramiding. Its worth millions.
As for pips predator, I'm certain he never even mentioned it, take from that what you will. Certainly though, he is a guy who proves that the old saying - those who can't trade, teach - is utterly unreliable.
My understanding is that pips predator is a trade signal software system to generate high probability trades based on technical indicators like macd and stoch's. This is coupled with guidance on trade management.
Alpesh is quite entertaining and flamboyant (some might say arrogant) particularly when interviewed on BBC for business etc - likes to take contrarian viewpoints.
I have never quite understood why a hedge fund CEO would take the time and effort to hawk a proprietary training system to the plebs - obviously to make (more) money but I would have thought his hedge fund (Praefinium partners) would deliver that.
That said I have not heard anything bad about his PP system yet.