Legal Disclaimer

1. Important Notice & Scope

This Disclaimer ("Disclaimer") governs your use of OwnAlgo's website, services, and products (collectively, the "Services"). By accessing or using our Services, you acknowledge that you have read, understood, and agree to be bound by this Disclaimer.

Scope of Services: OwnAlgo specializes in developing custom algorithmic trading solutions, including but not limited to:

• Custom trading algorithms for MT4, MT5, TradingView, and Python platforms
• Technical indicators and analysis tools
• Backtesting and optimization services
• Automation and API integration solutions
• Code review and optimization services

Nature of Service: We are a technical development service, not a financial advisory service. We implement trading strategies based on client specifications but do not design, recommend, or endorse specific trading strategies.

2. No Financial Advice

OwnAlgo does NOT provide financial advice, investment recommendations, or trading signals. Our role is strictly limited to:

2.1 Technical Implementation Only

• Converting client-provided trading strategies into functional code
• Implementing technical specifications as requested by the client
• Providing technical support for code functionality and performance
• Ensuring code quality, efficiency, and platform compatibility

2.2 No Strategy Development

• We do not design, develop, or recommend trading strategies
• We do not provide market analysis, forecasts, or trading signals
• We do not advise on entry/exit points, position sizing, or risk parameters
• We do not evaluate the profitability or viability of trading strategies

2.3 Educational Purpose

Any examples, demonstrations, or educational content provided are for illustrative purposes only and should not be construed as financial advice or trading recommendations.

3. Trading Risk Warning

Trading financial markets involves significant risks that you must understand and accept:

3.1 Market Risks

Risk Type	Description	Risk Level
Capital Loss	Possibility of losing some or all of invested capital	HIGH
Market Volatility	Rapid and unpredictable price movements	HIGH
Leverage Risk	Amplified losses when using leverage/margin	VERY HIGH
Liquidity Risk	Inability to enter/exit positions at desired prices	MEDIUM
Gap Risk	Price gaps causing unexpected losses	MEDIUM

3.2 Performance Disclaimer

• Past performance does NOT guarantee future results
• Backtested results are hypothetical and have inherent limitations
• Live trading results will differ from backtested results
• Market conditions constantly change and may render strategies ineffective
• Historical data may not accurately reflect future market behavior

3.3 Emotional & Psychological Risks

Trading can cause significant emotional stress, including:

• Fear, greed, and other emotional biases affecting decisions
• Stress from monitoring markets and positions
• Potential for compulsive trading behavior
• Impact on personal relationships and mental health

4. Client Responsibilities

As a client of OwnAlgo, you acknowledge and accept the following responsibilities:

4.1 Strategy Development

• You are solely responsible for developing or selecting trading strategies
• You must ensure strategies are appropriate for your risk tolerance and goals
• You should thoroughly test strategies before live implementation
• You must monitor and adjust strategies as market conditions change

4.2 Risk Management

• You must implement appropriate risk management measures
• You are responsible for setting position sizes, stop losses, and take profits
• You must manage leverage/margin usage appropriately
• You should diversify investments to manage risk exposure

4.3 Live Trading Decisions

• You make all final decisions regarding live trading
• You decide when to activate/deactivate trading algorithms
• You monitor live trading performance and intervene when necessary
• You adjust trading parameters based on market conditions

4.4 Compliance & Legal Responsibilities

• You must comply with all applicable laws and regulations in your jurisdiction
• You are responsible for tax reporting and compliance
• You must ensure trading activities are legal in your country/region
• You should consult with legal and financial professionals as needed

5. Performance Guarantees

5.1 No Profit Guarantees

• We do not guarantee that any algorithm will be profitable
• We do not guarantee specific returns on investment
• We do not guarantee that losses will be limited to certain amounts
• We do not guarantee consistent performance over time

5.2 Backtesting Limitations

• Backtesting uses historical data and hypothetical scenarios
• Historical performance does not predict future results
• Backtests may not account for all real-world trading conditions
• Transaction costs, slippage, and other factors may reduce actual performance

5.3 Forward Testing Requirement

We strongly recommend extensive forward testing (demo/practice trading) before risking real capital. Forward testing helps identify issues that may not appear in backtesting.

6. Platform & Broker Risks

OwnAlgo is not responsible for issues related to trading platforms, brokers, or execution:

6.1 Platform Risks

• Platform Malfunctions: Trading platforms may experience bugs, crashes, or errors
• Connectivity Issues: Internet or server connectivity problems affecting trading
• Data Feed Issues: Inaccurate or delayed price/data feeds
• Platform Changes: Updates or changes to platform functionality

6.2 Broker & Execution Risks

Risk Type	Description	Impact
Slippage	Difference between expected and actual execution price	Increased costs, unexpected losses
Rejections	Order rejections by broker or liquidity provider	Missed trading opportunities
Latency	Delays in order transmission and execution	Poor execution prices
Broker Risk	Broker insolvency or regulatory issues	Loss of funds, account restrictions

6.3 Third-Party Services

We are not responsible for third-party services, including:

• Trading platforms (MT4, MT5, TradingView, etc.)
• Brokers and liquidity providers
• Data feed providers
• VPS hosting services
• API services and integrations

7. Technical Limitations

All algorithmic trading systems have technical limitations:

7.1 Code Limitations

• Algorithms execute based on predefined logic and cannot adapt to unforeseen market conditions
• Bugs or errors in code may cause unintended trading behavior
• Platform-specific limitations may affect algorithm performance
• Performance may degrade during high volatility or unusual market conditions

7.2 Monitoring Requirements

• Algorithms require regular monitoring and maintenance
• Market conditions may render algorithms ineffective
• Regular updates may be required to maintain functionality
• You should have contingency plans for algorithm failures

7.3 No AI/Adaptive Intelligence

Unless specifically developed and agreed upon, our algorithms do not include artificial intelligence, machine learning, or adaptive learning capabilities. They execute based on fixed logic and parameters.

8. Regulatory Compliance

8.1 Jurisdictional Restrictions

• Some trading strategies or instruments may be restricted in certain jurisdictions
• Algorithmic trading may be subject to specific regulatory requirements
• Certain countries prohibit or restrict Forex/CFD trading
• You should consult with legal professionals regarding regulatory compliance

8.2 Professional Advice Requirement

We strongly recommend consulting with qualified professionals, including:

• Financial advisors for investment advice
• Legal professionals for regulatory compliance
• Tax professionals for tax implications
• Risk management specialists

9. Liability Limitations

9.1 Types of Excluded Damages

• Direct Financial Losses: Trading losses, lost profits, capital loss
• Indirect Losses: Lost opportunities, business interruption
• Consequential Damages: Stress, emotional distress, reputational damage
• Incidental Damages: Costs of alternative services, investigation costs

9.2 Maximum Liability

In no event shall OwnAlgo's total liability exceed the amount paid by you for the specific service giving rise to the claim. Some jurisdictions do not allow limitations of liability, so this limitation may not apply to you.

9.3 No Warranty

Our services are provided "as is" and "as available" without warranties of any kind, either express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, or non-infringement.

10. Acceptance of Terms

10.1 Continuing Agreement

This Disclaimer constitutes a continuing agreement. Your continued use of our services constitutes ongoing acceptance of this Disclaimer and any updates or modifications.

10.2 Severability

If any provision of this Disclaimer is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall remain in full force and effect.

10.3 Governing Law

This Disclaimer shall be governed by and construed in accordance with applicable laws, without regard to its conflict of law provisions.