Every Single Tick

Legal

Risk disclaimer

Please read this disclaimer carefully before using our website or engaging our services. By using this website or our services, you acknowledge that you have read, understood, and agree to the terms below.

No investment advice

Every Single Tick provides software development, research tooling, and technical consulting services only. Nothing on this website or in any materials we produce — including but not limited to strategy specifications, backtest reports, trade logs, code, documentation, articles, case studies, or communications — constitutes investment advice, financial advice, trading advice, or any other form of professional advice.

We are not a registered investment advisor, broker-dealer, commodity trading advisor (CTA), commodity pool operator (CPO), or financial planner in any jurisdiction. We do not recommend, endorse, or suggest any specific securities, commodities, currencies, or trading strategies. We do not manage client funds, execute trades on behalf of clients, or monitor client trading accounts.

You should consult a qualified, licensed financial advisor before making any investment or trading decisions. Any decisions to buy, sell, hold, or trade in securities, commodities, currencies, or other financial instruments are made entirely at your own risk and discretion.

Trading and investment risk

Trading and investing in financial markets involves substantial risk of loss and is not suitable for every person. You should carefully consider whether trading or investing is appropriate for you in light of your financial condition, experience, and risk tolerance.

  • You may lose some or all of your invested capital. Never trade with money you cannot afford to lose.
  • Leveraged products (including forex, futures, and CFDs) carry a high degree of risk. Losses can exceed your initial deposit.
  • Automated trading systems, including Expert Advisors and algorithmic strategies, can amplify both gains and losses. Software errors, connectivity failures, and unexpected market conditions can result in significant financial loss.
  • Past performance — whether actual or simulated — is not indicative of future results.
  • Only risk capital — funds that you can afford to lose without affecting your financial security or lifestyle — should be used for trading.

Hypothetical performance and backtesting limitations

HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. For example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results.

There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all of which can adversely affect trading results. Specific limitations include but are not limited to:

  • Execution assumptions: Backtests typically assume orders are filled at exact prices. In live trading, slippage, spread widening, partial fills, requotes, and latency affect execution quality.
  • Data quality: Historical data may contain errors, gaps, survivorship bias, or inconsistencies that inflate apparent performance.
  • Market impact: Backtests do not account for the effect of your own orders on market prices, which becomes significant at larger position sizes.
  • Regime changes: Markets are non-stationary. Strategies optimised for past conditions may not perform similarly under different market regimes.
  • Overfitting: Strategies with many parameters or optimised over limited data may capture noise rather than genuine market patterns.
  • Operational risk: Live trading is subject to platform outages, connectivity issues, broker limitations, and other technical failures not reflected in backtests.

Software and technology risks

Automated trading software, including Expert Advisors (EAs), indicators, scripts, and algorithmic systems, is subject to inherent technology risks:

  • Software may contain bugs, errors, or unexpected behaviour that could result in unintended trades or financial losses.
  • Internet connectivity, server uptime, VPS reliability, and broker platform stability are outside our control and can affect trading execution.
  • Data feeds may be delayed, incomplete, or incorrect, leading to erroneous trading signals.
  • Broker-specific behaviour (order types, margin rules, swap rates, symbol naming) may differ from assumptions made during development and testing.
  • Updates to trading platforms (MT5, TradingView, broker APIs) may require code modifications to maintain functionality.

It is your responsibility to thoroughly test any software in a demo or simulated environment before deploying it with real capital, and to implement appropriate risk controls including but not limited to position size limits, maximum drawdown thresholds, and kill switches.

No performance guarantees

We do not guarantee, represent, or warrant that any strategy, system, indicator, or software will generate profits, avoid losses, or achieve any particular level of performance. We guarantee engineering deliverables (documentation, source code, and testing outputs) as defined in the written scope of work agreed with each client.

Any performance metrics, statistics, or results presented on this website, in case studies, or in reports are provided for illustrative and educational purposes only. They may use hypothetical data, simulated conditions, or placeholder values and should not be interpreted as promises or projections of future performance.

Your responsibility

You are solely responsible for:

  • All trading and investment decisions you make, including decisions to use, modify, deploy, or discontinue any strategy, indicator, or automation system.
  • Evaluating whether any software, strategy, or service is appropriate for your financial situation, experience, and objectives.
  • Conducting your own due diligence, including seeking independent financial, legal, and tax advice where appropriate.
  • Ensuring compliance with all applicable laws, regulations, and broker terms of service in your jurisdiction.
  • Implementing and maintaining appropriate risk management controls when deploying automated trading systems.

Limitation of liability

To the maximum extent permitted by applicable law, Every Single Tick, its owners, employees, contractors, and affiliates shall not be liable for any direct, indirect, incidental, special, consequential, or exemplary damages arising out of or in connection with:

  • Your use of or reliance on any information, content, software, or services provided through this website or our services.
  • Trading losses, missed opportunities, or financial damages resulting from the use of any software, strategy, or system we develop.
  • Technical failures, software errors, data feed issues, connectivity problems, or any other operational disruptions.
  • Differences between backtested, simulated, or hypothetical results and actual trading results.

Third-party platforms and services

We develop software for third-party platforms including MetaTrader 5, TradingView, and various broker APIs. We are not affiliated with, endorsed by, or responsible for these platforms. Your use of third-party platforms is governed by their respective terms of service, and we accept no liability for changes, outages, or limitations imposed by these platforms.

Links to third-party websites, tools, or services on this website are provided for convenience only and do not constitute an endorsement or recommendation.

Educational content

Articles, guides, case studies, and other content published on this website are provided for educational and informational purposes only. They reflect our opinions and experience at the time of writing and should not be construed as personalised recommendations or professional advice. Market conditions, regulations, and best practices change over time, and published content may not reflect the most current information.

This risk disclaimer was last updated on 25 February 2026. We reserve the right to update this disclaimer at any time. Continued use of our website or services constitutes acceptance of any changes.

If you have questions about this disclaimer, please contact us at [email protected].

This disclaimer does not constitute legal advice. You should consult qualified legal counsel for advice specific to your situation and jurisdiction.