Informational and educational purposes only
We are not a registered financial advisor. Our tools, content and information are not financial advice, buy/sell signals or standalone trading strategies. Nothing we provide substitutes knowing how to evaluate and make sound trade/investment decisions. The tools, content, and information we provide are general in nature, not customized for any individual needs and strictly meant for informational and educational purposes. Example use cases and example charts presented are hypothetical scenarios under idealized conditions, used for demonstration purposes only and are not guaranteed to repeat as they are presented.
Trading/investing is inherently risky and can lead to monetary losses, a fact which our tools and other content provided do not and cannot erase. By using our tools and other content provided by us, you do it at your own risk and fully acknowledge that you alone are responsible for your own research and financial decisions.
The tools we provide assist in analyzing charts. Our tools do not not indicate or guarantee any result. Our tools are designed to detect set of conditions in chart data associated with potentially useful information. Detecting these events is done using purely technical means and can be erroneous. Personal judgement and discretion is always needed when evaluating the validity of indications provided by our tools.
Behaviour of certain functions in our tools, if applicable, is backtested using metrics that we deem to reasonably depict expected behaviour. Backtesting is done first and foremost to exclude scenarios where historical performance is clearly poor, in which case given tool cannot be considered to provide useful information. Hypothetical or simulated performance results have certain limitations like benefit of hindsight and possibility of seemingly good results being pure luck. Hypothetical or simulated performance does not represent actual trading and past results do not guarantee future performance.
We are an independent script vendor operating on a web based charting platform Tradingview. TradingView has no affiliation of any kind to us or our products. TradingView® is a registered trademark of TradingView, Inc. www.TradingView.com.