Risk Disclosure Statement

1. Nature of Our Services

Indikator is an automation technology provider. We provide software that executes your own trading strategy automatically across your broker (Zerodha, Angel One, Upstox, Dhan or Fyers). We do NOT:

• Provide investment advice or recommendations
• Offer trading tips or signals
• Conduct research analysis
• Manage portfolios or funds
• Guarantee any trading results or profits

We are NOT registered with SEBI as a Research Analyst, Investment Adviser, or any other regulated entity.

2. General Trading Risks

2.1 Market Risk

Securities markets are subject to various risks including:

• Market volatility and price fluctuations
• Economic and political events
• Changes in government policies and regulations
• Global market conditions
• Liquidity constraints

2.2 Loss of Capital

You may lose some or all of your invested capital. Past performance does not guarantee future results. Historical backtesting results do not ensure similar performance in live trading.

2.3 Leverage Risk

Trading with leverage (margin) can magnify both gains and losses. You may lose more than your initial investment.

3. Equity Market Risks

• Price Risk: Stock prices can fluctuate significantly
• Company-Specific Risk: Individual company performance affects stock value
• Sector Risk: Entire sectors can decline
• Liquidity Risk: Some stocks may be difficult to buy or sell
• Derivatives Risk: F&O trading involves additional complexity and risk

4. Commodity Market Risks

• Price Volatility: Commodity prices can be highly volatile
• Supply and Demand: Global supply/demand dynamics affect prices
• Weather and Natural Events: Agricultural commodities are affected by weather
• Geopolitical Risk: International events impact commodity markets
• Storage and Delivery: Physical commodity risks

5. Algorithmic Trading Risks

5.1 Software Risks

• Technical Failures: Software bugs, system crashes, or connectivity issues
• Execution Risk: Orders may not execute as expected
• Slippage: Difference between expected and actual execution price
• Latency: Delays in order transmission and execution

5.2 Strategy Risks

• Overfitting: Strategies optimized for past data may not work in future
• Market Regime Changes: Strategies may fail when market conditions change
• Parameter Sensitivity: Small changes in parameters can significantly affect results
• Black Swan Events: Unexpected market events can cause significant losses

5.3 Backtesting Limitations

Backtesting has inherent limitations:

• Historical data may not reflect future market conditions
• Backtests assume perfect execution (no slippage, no latency)
• Transaction costs may be underestimated
• Survivorship bias in historical data
• Look-ahead bias in strategy development

6. Technology and Infrastructure Risks

• Internet Connectivity: Loss of internet connection can prevent trading
• Power Outages: Electrical failures can disrupt trading
• Hardware Failures: Computer or server malfunctions
• Broker Platform Issues: Broker system downtime or errors
• Cybersecurity: Risk of hacking or unauthorized access

7. Regulatory and Legal Risks

• Changes in securities laws and regulations
• Tax implications of trading activities
• Compliance requirements
• Legal disputes and litigation

8. Your Responsibilities

As a user of our software, you are responsible for:

• Understanding the risks involved in trading
• Making all trading decisions independently
• Monitoring your positions and account
• Setting appropriate risk parameters
• Complying with all applicable laws and regulations
• Maintaining adequate capital and risk management
• Regular testing and monitoring of the software
• Keeping software and systems updated

9. No Guarantee of Performance

We make absolutely no guarantees regarding:

• Profitability of trading strategies
• Accuracy of signals or indicators
• Software performance in live markets
• Consistency of results
• Achievement of any specific returns

Past performance is not indicative of future results.

10. Suitability

Algorithmic trading may not be suitable for everyone. Consider whether it is appropriate for you based on:

• Your financial situation and resources
• Your investment objectives
• Your risk tolerance
• Your trading experience and knowledge
• Your ability to sustain losses

11. Professional Advice

We strongly recommend that you:

• Consult with a qualified financial advisor
• Seek independent legal and tax advice
• Thoroughly understand the software before using it
• Start with paper trading or small positions
• Never invest more than you can afford to lose

12. Acknowledgment

By using our services, you acknowledge that:

• You have read and understood this Risk Disclosure
• You understand the risks involved in trading
• You accept full responsibility for your trading decisions
• You will not hold Indikator liable for any trading losses
• You are using the software at your own risk

13. Contact Us

If you have questions about these risks, please contact us:

• Email: help.indikator@gmail.com
• Website: indikator.in

Note: We can answer questions about our software, but we cannot provide trading advice or recommendations.