Software Competence and Informed Consent Agreement

Explains exactly what your fee covers, the knowledge and condition you must be in to use this software, the limits of historical data, and the harm that can result if you do not understand these.

Last updated: 2026-07-28

This is not a formality. If you do not meet the conditions below, DO NOT BUY and DO NOT USE this software. We accept no liability for losses arising from use without meeting them.

1. Exactly What Your Fee Buys

Your subscription fee is consideration SOLELY AND ONLY for the right to use the software, indicators and web terminal for the duration of the subscription.

What your fee does NOT buy:

  • Profit, return or gain — never promised, in any amount, for any period, with any probability
  • Investment advice or recommendations — we do not tell you what to buy, when to enter, or what size to trade
  • Portfolio management — your account is not managed and no orders are placed for you
  • One-to-one training, coaching or mentoring — educational content included in a plan is general and carries no promise of personal instruction
  • A signal subscription — indicator outputs are not recommendations issued to you by a person
  • Compensation for losses or capital protection — no loss is ever reimbursed
  • Maintenance of any particular success rate — no historically measured rate is promised for the future
  • Any warranty that the software will run uninterrupted, error-free or at a given speed

In short: you are renting a tool, not buying an outcome. How, when and whether to use it is entirely your decision.

2. This Software Is Not for Beginners

PriceAlgo is a professional tool built for users who already understand markets and technical analysis. It accelerates and visualises calculation; it does not teach, manage, or decide for you.

To use it meaningfully you must already be familiar with the concepts below. If you are not, the outputs will mean nothing to you — and worse, when misread they lead directly to loss:

  • Risk management and position sizing — if you cannot calculate what percentage of your capital a trade risks, no indicator will protect you
  • Stop-loss logic — why and where a stop is placed
  • Leverage, margin and liquidation price — that leverage magnifies losses and can wipe out your margin entirely
  • Candlestick charts, timeframes and trend concepts
  • Support/resistance, moving averages, ATR (volatility), RSI-type oscillators and what Fibonacci levels actually measure
  • Futures market mechanics: funding rate, spread, slippage, order types and the possibility that an order is not filled
  • Reading a backtest and judging the limits of a hypothetical result
  • Overfitting — why the best of many tested parameter sets may fail in future
  • Insufficient sample size — why a win rate measured over few trades can be meaningless

If you do not know these concepts, learn them first from FREE and independent sources, then practise for a long period without risking real money (demo/paper trading). This is honest advice given at the cost of a sale.

3. Concrete Harm That Lack of Knowledge Causes

The following are not hypotheticals; they are common outcomes when tools of this kind are misused:

  • Treating an arrow or the word 'BUY' as an instruction and opening a position without any risk calculation, losing a large part of capital in a single trade
  • Entering with high leverage and no stop, and losing the entire margin through liquidation
  • Mistaking a high backtested win rate for a future expectation and inflating position size accordingly
  • Revenge trading after a loss and compounding the damage
  • Overtrading — forcing trades when no setup exists and bleeding out through commissions
  • Choosing arbitrarily between conflicting outputs from several tools at once
  • Mistaking a repainting signal (one that changes before the candle closes) for something that was available in real time

None of these is a defect of the software and no liability is accepted for any of them. If you do not understand these risks, this product is not for you.

4. PriceAlgo Is Not a Secret or Proprietary Formula

For the sake of transparency we state plainly: PriceAlgo is a software packaging of publicly known technical-analysis strategies that have existed in the literature for decades, with their calculation automated and visualised.

The approaches used (moving averages, volatility bands, momentum oscillators, Fibonacci ratios, volume and funding analysis, and so on) are methods available to everyone and owned by no one.

Our added value is calculating them quickly, consistently, across many pairs and timeframes at once and without human error. Our added value is not the prediction of markets — because no software can predict markets.

We make no claim to possess a hidden formula, inside information or a system that produces certain outcomes, and no statement of ours asserts such a thing. If you hear such a claim, it did not come from us.

5. There Is NO Causal Link Between Past Data and the Future

PAST PERFORMANCE IS NOT AN INDICATOR, GUARANTEE OR PREDICTOR OF FUTURE RESULTS. The fact that a strategy made money in the past gives NO probabilistic assurance that it will do so in future.

All indicators, scanners, optimisation outputs and scores are computed exclusively on PAST price data, without exception. They contain no information about the future and cannot do so.

This is not a technical shortcoming; it is the nature of markets:

  • Market conditions change regime — a setting that works in trends can lose systematically in ranges
  • Events never seen before (regulation, exchange failure, attack, macro shock) appear in no historical dataset
  • As a method becomes widely used the market adapts and its former edge can disappear
  • Historical data is finite and selected; the period you tested need not resemble the period ahead

6. How Past Data MISLEADS You

Backtested results are not merely incomplete; they can be actively misleading. The distortions you must know:

  • Hindsight bias: looking back at a chart, the entry looks obvious; in the moment it was ambiguous. Every arrow drawn retrospectively creates an ease that never existed.
  • Overfitting: the optimiser tests 288,000 combinations and picks the best. With that many trials it is mathematically inevitable that part of the winner's edge is pure chance.
  • Survivorship bias: the pairs on the list today are the ones that survived. Those that collapsed and were delisted never appear in your test.
  • Missing costs: commissions, spread, slippage and funding materially reduce real results and are not fully reflected in hypothetical tests.
  • Assumed fills: in a test every order fills; in reality it may not, in thin liquidity or fast markets.
  • Absence of psychology: a test never hesitates. In reality, sticking to a plan through consecutive losses is the hardest part — and the test measures none of it.

Therefore every win rate, score and equity curve you see means 'this is what happened in the past'; it does NOT mean 'this is what will happen.'

7. Psychological Fitness and Mental Health

Any trading you may undertake, and any leveraged trading in particular, creates serious pressure and can aggravate existing vulnerabilities. We do not recommend that you engage in such trading. If you nevertheless choose to, you must meet the following conditions:

  • Not be in a state that impairs your judgement — never trade under the influence of alcohol, drugs or medication that affects judgement
  • Not have a gambling addiction or tendency towards one. Leveraged trading can become gambling behaviour in those predisposed to it
  • Be psychologically resilient enough to absorb losses — consecutive losses are an unavoidable certainty
  • Be able to recognise and stop the revenge-trading impulse
  • Consult a health professional before trading if you have a diagnosis of severe stress, panic disorder, depression or similar

Trading is NOT gambling — but it can be used like gambling, and that depends on the person. If you are increasing your size as you lose, hiding losses, trading with borrowed money, or unable to stop when you know you should, PLEASE STOP TRADING and seek professional help. Do not use this software.

PriceAlgo cannot detect these states and declares that it cannot. We do not know you, we do not monitor your behaviour, and we have no mechanism to stop you. Only you can make this assessment.

8. Financial Suitability

Trade only with money you can afford to lose entirely. Never trade with credit, debt, credit-card cash advances, funds set aside for essentials (rent, food, health, education) or money belonging to someone else.

The subscription fee is itself a cost and is not promised to be recovered. If paying it is a strain, do not buy.

9. Your Declaration and Consent

By purchasing and using this software you declare and accept that:

  • You are at least 18 and have legal capacity
  • You have read this document in full and understood it
  • Your fee is only a right to use software and carries no promise of gain or outcome
  • You are familiar with the concepts in section 2, or you fully assume the consequences of using it without them
  • Past data has no causal link to the future and can mislead you
  • PriceAlgo implements publicly available strategies and claims no secret formula
  • You meet the psychological fitness conditions in section 7
  • You will trade only with money you can afford to lose
  • All trading decisions and their outcomes are exclusively yours

Contact and Support

Any question, objection, request or complaint regarding this document may be sent to support@pricealgo.ai.

You can also open a ticket from the Support section of your member panel, where the entire correspondence is recorded and can be tracked.

E-mails and support tickets are answered within 24-48 hours. This may take longer at busy times, in which case you will be informed. Statutory deadlines stated in the relevant sections apply to formal applications (GDPR/KVKK requests, refund claims).

Support is limited to technical matters: access, setup, billing and use of the software. Our support team does not provide investment advice and will not answer questions about which asset to buy, when to enter a trade, or what position size to use.

This document must be read together with the PriceAlgo Terms of Use and Disclaimer; in the event of conflict, the provision more protective of the user prevails.