Loss Disclosure

Words with a capital letter carry these meanings throughout the document.

Leverage

Holding a position larger than the cash behind it. Losses scale with it exactly as gains do.

Drawdown

The distance an account has fallen from its highest point. Every account that trades has one.

Margin call

A broker closing positions on its own because the account can no longer cover them.

Demo account

A broker account with pretend money, used to watch a Module before real money is involved.

Symbol suffix

The letters some brokers append to an instrument name (EURUSD.m, EURUSDpro). To a Module, a suffixed symbol is a different symbol.

Session clock

The input that confines a Module to a window of the day, set in the terminal’s own time.

1. B.1

   Trading leveraged markets can cost You part of Your capital, all of it, and in some conditions more than You deposited. Commit only money whose loss would change nothing about how You live.

2. B.2

   The Desk’s Modules are calibrated for retail leverage of 30:1 or lower. Even at that setting a run of losing trades can remove a large slice of an account, and a run longer than any You have watched is always possible.

1. C.1

   On Your account, at Your broker, under Your login. The Desk has no view of the balance, no access to the account and no power to close a position. What the Desk sold is a program; what You do with it is trading, and trading is Yours.

1. D.1

   what happens	result
   The Module is attached to EURUSD.m when the Datasheet says EURUSD, or the reverse.	It trades a symbol it was not calibrated for, or trades nothing at all, while You assume it is working.
   A session clock is left on the old offset after a daylight-saving change.	The window slides an hour; the Module trades the open it was told to sit out.
   A lot input is raised above what the Datasheet states.	It becomes a Module the Desk has never run and cannot speak for.
   The Module is switched off in the middle of a Drawdown.	The loss is locked in; whatever recovery might have followed is missed.
   It runs at a broker whose spread never fits the gate.	Few or no trades, or trades taken at costs the design did not assume.
   The Demo run is skipped.	The first surprise is met with real money.

1. E.1
   • A hosted server rebooted for maintenance at two in the morning, leaving an open position without its manager.
   • A weekend gap that opens far beyond a stop, so the stop fills where the market reopens, not where it was placed.
   • A thin book in a news minute, where an order fills badly or not at all.
   • A terminal update that restarts MetaTrader with the Module detached.
   • A full disk, a dropped line, a laptop lid closed.
   • A bug, because every program has one somewhere, and a strategy fitted to markets that will not return in the same shape.
2. E.2

   Code has no instinct for doubt. A rule that misreads the tape at 09:00 misreads it again at 09:05 and at 09:10, and carries on doing so until somebody opens the terminal and detaches it.

1. F.1

   A history describes what happened on one account. Every account that trades has losing trades, losing days and stretches under its previous high, and a good history followed by a large loss the next month is not a contradiction. Nothing on this Site or anywhere else turns a past into a forecast.

1. G.1

   Nothing on this Site is financial, investment, legal or tax advice, and nothing on it recommends any instrument. IndicatorEX is not a broker, an exchange or a regulated adviser. Advice on Your own situation comes from someone licensed to give it.

1. H.1

   Five statements. Every one should be true of You before You buy:

   • You will run every Module on a Demo account before real money sees it.
   • You will choose risk inputs You can tolerate, and leave them there.
   • You will keep the terminal running, or accept what happens when it is not.
   • You will keep to Your broker’s rules and Your own law.
   • You accept that a loss is a normal outcome of trading, with software or without it.

   If any of them is not true of You, do not buy a Module from this desk, or from anyone.

1. I.1

   Reading Our Results (T-05) explains what a published figure is and is not. The Purchase Conditions (T-01) and the Desk Licence Agreement (T-02) incorporate this document in full.