1. Read this before you connect a broker
This page describes the risks specific to using automation software like chartTrigger, in addition to the risks of trading itself. It is not a complete statement of every risk of trading and does not replace advice from a qualified, independent financial adviser if you need it.
2. Market and leverage risk
Prices in currency, commodity, index and other leveraged markets can move quickly and unpredictably. Leverage magnifies both gains and losses, and a small adverse move can produce a loss larger than the amount you deposited to open a position. Past price behaviour, including in any historical simulation, does not predict future price behaviour.
3. What automation adds, and does not remove
chartTrigger removes the need to watch a chart and click a button yourself. It does not remove:
- the risk that the condition you wrote turns out to be a poor predictor of anything useful;
- the risk that a rule fires exactly as designed, and the trade still loses money, because that is how markets work;
- the risk of a mistake in how you configured a rule — a stop set the wrong way round, a cohort pointed at the wrong accounts, a size larger than you intended; or
- the need to monitor your account, your broker's margin requirements, and your own exposure, even once a rule is armed.
A rule executes precisely what it is told, at machine speed, with no second thoughts. That is the whole point of it, and it is also why a mistake in a rule is carried out just as faithfully as a good idea. Use Ghost Mode and the Proving Ground, described below, before arming anything against real funds.
4. Proving Ground and historical simulation
The Proving Ground replays a rule against past price bars using the same evaluator the live engine uses, under spread and slippage assumptions you set yourself. It exists to catch broken logic — a rule that never fires, or fires constantly — not to estimate what a rule will earn. A simulation cannot capture everything a live market can do: real spreads and slippage vary with volatility and liquidity in ways a fixed assumption does not; broker execution can differ from a model; and a strategy that matched historical conditions may meet different ones going forward. Every Proving Ground result on this Service is labelled a historical simulation for this reason, and must never be read as an expected return, a projection, or a guarantee of any kind.
5. Connectivity, outages and broker risk
Rule evaluation and order execution depend on a working connection between our infrastructure and your broker's MetaTrader 5 servers, and on that infrastructure itself. Outages, maintenance, network issues, or a fault at your broker can delay or prevent an evaluation, an alert, or an order from being placed, modified or closed as intended, including a stop-loss or take-profit. We are not your broker, do not control broker execution or pricing, and do not guarantee that any order will be filled at any particular price or at all.
6. What stays your responsibility
- deciding what rules to build, test, and arm, and against which accounts;
- sizing positions in line with your own risk tolerance and your broker's margin requirements;
- testing a rule in Ghost Mode before letting it trade live funds;
- monitoring your account and using The Brake if you want execution stopped immediately; and
- understanding the instruments, leverage, and broker terms that apply to your own trading.
7. This is not advice
Nothing on charttrigger.com or in the application — including templates, sample conditions, or anything written by us — is investment, financial, legal or tax advice, or a recommendation to take any specific trade. We do not know your financial circumstances, objectives, or risk tolerance, and nothing here is tailored to them.
8. Contact
Questions about this disclosure can be sent through the contact form. This page should be read together with our Terms of Service.
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