Software Products:
The creator is a software development company and does not provide investment advice or brokerage services. The creator makes no representations concerning the suitability of the software for use by the end user. The end user should determine for herself or himself whether the use of the software is suitable for the end user and should consider whether they understand how the product works and whether they can afford to take the high risk of losing money. The end user understands and acknowledges that there is substantial risk in trading securities, commodities, futures, ETFs, options, currency, crypto assets, and other instruments with or without the software, and that past results are not necessarily indicative of future results or performance. Using this software product or other information when live trading is with the absolute discretion of the end user and such end user agrees to indemnify the creators and any of its employees or directors against any potential losses that may arise from the use of the software products for incidental losses of any kind. This software product is not intended for use as a source of investment or trading advice and should not be construed as a recommendation or solicitation to buy or sell any asset, crypto-asset, currency, ETF, futures contract, option, or stock. The creator of this software makes no representation as to, or accepts any responsibility or liability for, any action or decision taken by any end user or any other third party. It is up to the end user to make their own trading and investment decisions or to consult with a registered investment advisor or other financial professional. The end user is responsible for their own trading results, and individual results may vary.
Trading and investing involve significant risk of loss. Traders and investors can lose more than their initial investment. No system or methodology has ever been developed that can guarantee profits or ensure freedom from losses. No representations, implications or guarantees are being made that using the software will generate profits or ensure freedom from losses, nor that using the software will or is likely to achieve profits or losses. Please consult an investment professional to explain all risks before making any decisions relating to the purchase or sale of any securities, commodities, futures, options, currency, crypto assets, and other instruments. If the end user relies on the creator’s information, it is at the end user’s own risk and the creators will not accept liability of whatever nature and howsoever arising in respect to any claim, damages, loss, or expense, whether direct or indirect including consequential loss or loss of profit, arising out of or in connection with the reliance by the end user on the software or information associated with the same. The software does not give any financial, investment or trading advice and should not be construed as a recommendation or solicitation to buy or sell any asset, crypto-asset, currency, ETF, futures contract, option, or stock. The creators may discontinue or change the software or any of its features at any time.
All forms of historical, hypothetical, and simulated trading performance results – all of which are included within this software, including backtested and forward tested hypotheticals - have certain inherent limitations. All forms of historical, hypothetical, and simulated trading results including backtests and forward tests are generated with the best benefit of hindsight and unlike an actual performance record, they do not represent actual results and should not be interpreted as an indication of actual performance. Also, because historical, hypothetical, backtested, forward tested and otherwise simulated results are derived from data, they may under-compensate or over-compensate for the impact, if any, of various market forces such as lack of liquidity on actual trade executions. Backtests, forward tests and other sorts of simulated performance are hypothetical and do not reflect trading in actual accounts. As such, backtests, forward tests and any other sort of simulation results are provided for informational purposes only to indicate historical performance had particular investments strategies and trading systems been utilized over the relevant time frame. All sorts of simulated returns do not represent the performance results of actual trading or investing and are calculated through retroactive application of specific systems and strategies, designed with the benefit of hindsight. Since historical, hypothetical, backtested, forward tested and simulated performance results do not represent actual trading, they may not reflect the impact that material economic and market factors might have had/would have on the decision-making of a trader or investor. There are frequently significant material differences between backtested, and simulated performance results and performance results subsequently achieved by following a strategy. In addition, all forms of simulated performance does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk in actual trading. For example, the ability to withstand losses or adhere to a trading or investing system despite 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 or investing system which cannot be fully accounted for in the preparation of simulated performance results of any sort and all of which can adversely affect actual trading results. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown by this product. The creators and distributors of this software product do not guarantee any minimum level of trading or investment performance, nor the success of any client, client account or trading or investment strategy or system. Past performance does not guarantee future results. Backtested, forward tested and other simulated results do not guarantee future results.
The creators and distributors of this software product may or may not take a position, or already have a position, in the assets, systems and strategies shown in this software product based on their own personal trading and investing discretion at any given time. The end user should assume that these positions may be substantial enough to be material. The creators and distributors of this software product assume no duty and do not undertake to disclose or update their positions, which are subject to change over time.
Trading through an electronic trading system exposes a trader to risks associated with system or component failure. In the event of system or component failure, it is possible that a trader may not be able to enter new orders, execute existing orders, or modify or cancel orders. System failure may also result in the loss of orders or order priority. The creators of this program shall not be liable for, neither to the end user nor any person on behalf of the end user, any technical problems, system failures and malfunctions, communication line failures, equipment or software failures and malfunctions, and other similar problems or defects related to the software or any problems or defects with the end user’s computer or technology. The software is provided “as is,” and the creators disclaim and end user hereby expressly waives, all warranties, express or implied, including any warranties or guarantees with respect to the software, including without limitation, warranties of merchantability or fitness for a particular purpose.
As an end user, your access to or use of this software indicates your acceptance of these disclaimers and your agreement that you are solely responsible for your trading and investment results. In addition, your access to or use of this software and its related materials indicates that you agree to hold harmless The Systems Lab Inc., William Scheidt, Jeffrey Boccaccio and all other parties affiliated with this software. Nothing in this disclosure, terms or conditions shall be construed to create any rights or obligations in, or otherwise on behalf of any third parties.
Adherence to applicable laws, regulations, and jurisdictions is the sole responsibility of the end user of this software. Under no circumstances should it be assumed, implied or inferred that the information presented is to be considered as legal or tax advice. Should any end user require legal or tax advice it is strongly recommended that they contact a professional in those fields to assist them.
The end user has purchased the right to be able to use the strategies and indicators within this software for personal use only. Commercial use is prohibited. All materials related to this software are copyright protected. End users have no rights to reproduce, distribute, teach or sell any material contained within or related to this program in whole or in part without express permission in writing from The Systems Lab Inc.