Infos and Rules

Con and Risk of an Expert Advisor (EA)?
Over-Optimization:
Con: Traders may over-optimize their strategies based on historical data, resulting in poor performance in real-time markets.
Risk: What worked well in the past may not necessarily work in the future.
Technical Failures:
Con: EAs can be susceptible to technical failures, such as connectivity issues, server problems, or platform malfunctions.
Risk: These issues can lead to missed opportunities or unintended trades.
Market Changes:
Con: Market conditions can change, rendering a previously successful strategy ineffective.
Risk: EAs may struggle to adapt to evolving market dynamics.
Lack of Intuition:
Con: EAs lack intuition and the ability to react to unforeseen events or news that might impact the markets.
Risk: Sudden, unexpected events may lead to losses that an automated system cannot anticipate.
Dependency on Programming:
Con: Successful use of EAs requires programming skills to create and modify algorithms.
Challenge: Traders without programming knowledge may find it challenging to fully utilize or customize EAs.
Overreliance:
Con: Traders might become overly reliant on EAs, neglecting the need for ongoing monitoring and evaluation.
Risk: Blind trust in automated systems can lead to significant losses during adverse market conditions.

It's important for users to carefully consider these pros and cons and make informed decisions about incorporating Expert Advisors into their trading strategies. Additionally, regular monitoring, maintenance, and adaptation of EAs are crucial to ensuring their continued effectiveness in dynamic market conditions.

Compliance with principles of proper accounting (GAAP) and financial regulations:
Creating general legal rules for an expert advisor (EA), often used in the context of algorithmic trading in financial markets, involves considering various legal aspects to ensure compliance and mitigate potential risks. This EA robot (AESV) complies with all relevant financial regulations in the jurisdictions where it operates.
Transparency:
We provide clear and accurate information about the EA's functionality, risks, and potential returns to users. The cost to use the robots is free. Only if you make a profit will they be charged the profits at 5%+VAT.
User Agreement:
All obligation are regulated from use the providers trading software. We are not responsible for the correct use of trading systems and Metatrader software. The results of the robots must controlled of a day basis. We have implemented security check parameters, so that the robot stops if excessive losses. This parameter settings and robot conntroll are user responsibility.
Data Privacy:
We take measures to implement Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons against the processing of personal data and on the free circulation of such data and the repeal of the Directive 95/46/EC (General Data Protection Regulation, hereinafter: GDPR), We incorporate the Directive (EU) 2016/680 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons against the processing of personal data by competent authorities for the purposes of prevention, investigation, detection or prosecution of criminal offenses or the execution of criminal sanctions and for the free movement of such data and the repeal of Council Framework Decision 2008/977/JHA Comply with data protection laws and ensure the privacy of user data. We collect informations of about users profits to calculate the charges.
Intellectual Property Rights:
© 2023 All Rights Reserved Estert
Risk Management:
We have implement risk management features within the EA to prevent excessive losses. The risk features are in obligation of users with setting adequate parameters. Changes in the metatrader(MT4) or provider data of expert advisor(EA) is in the responsibility of user. In some cases the robot cannot set a adequate stoploss so the results of the robots must controlled of a day basis
Security Measures:
We have implement robust security measures (passwords) to protect the EA and user data from unauthorized access. Additional we comply with regulatories Anti-Money Laundering (AML).
Record-Keeping:
All transaction logs are implemented and maintened by the provider or/and metatrader software. The provider ensure compliance with record-keeping requirements under applicable laws.
Dispute Resolution:
For resolution process is jurisdiction Athens to applicate law in case of legal disputes.
Regular Compliance Audits:
We conduct regular audits to ensure ongoing compliance with applicable laws and regulations. We update the EA and its documentation as needed based on regulatory changes.