Risk Disclosure

Effective date: __EFFECTIVE_DATE__

Trading is risky. Read this before you use PineX with real money.

1. PineX is a tool, not advice

PineX is software that detects signals from a Pine Script strategy you chose and forwards them as keyboard shortcuts to TradingView Desktop. PineX does not:

• Recommend any strategy, security, instrument, or trade.
• Evaluate whether a strategy is appropriate for you.
• Promise any profit or any specific outcome.
• Verify the correctness of any Pine Script.
• Manage your account, monitor your positions, or close trades for you.

Every trade PineX fires is a trade you set up by choosing to run the strategy.

2. You can lose money. You can lose all of it.

Trading involves substantial risk of loss. Depending on the instruments you trade — especially futures, options, margin equities, leveraged ETFs, forex, or cryptocurrency derivatives — you can lose more than your initial investment. You should not trade money you cannot afford to lose.

3. Backtests are not reality

Backtested performance of a Pine Script strategy is not indicative of future results. Backtests typically:

• Assume perfect, instant fills at the price the bar closed at.
• Ignore slippage, partial fills, and broker latency.
• Ignore commission structures unless explicitly modeled.
• Don't account for survivorship bias, lookahead bias, or curve-fitting.
• Cover specific historical conditions that may never repeat.

Real-world results will differ from backtest results. Sometimes a lot.

4. Execution risk

PineX forwards signals as keystrokes to TradingView, which sends an order to your connected broker. Many things in that chain can go wrong:

• Your computer. Sleep, lock, hibernate, freeze, crash, blue screen, power loss — PineX stops firing. If a signal occurs while you're disconnected, the trade is missed.
• Your internet. Outages, slowdowns, ISP issues, Wi-Fi disconnections — all of these can delay or drop a signal.
• TradingView. Software updates, server outages, login issues, or changes to the desktop app's internals can stop PineX from reading the strategy or sending the order.
• Your broker. Order rejections (margin, risk limits, market closed, halted symbol), delayed fills, partial fills, or platform outages all happen and are outside our control.
• The market. Gaps, fast-moving news, illiquid symbols, and after-hours conditions can cause fills far away from the signal price.

You must monitor PineX while it's running. Watch the first few fills of any session, confirm broker fills match PineX's journal, and intervene if something looks wrong.

5. Pine Script risk

Pine Scripts are written by you, the TradingView community, or third parties. A buggy or misconfigured Pine Script can fire constant signals, fire opposing signals, fire signals at the wrong price, fire signals on the wrong symbol, or fail to fire at all.

PineX does not validate Pine Script logic. Before running a strategy with real money:

• Run it on Replay mode and watch every signal it generates.
• Paper-trade it for at least a week.
• Cross-check the signals PineX detects against what the strategy displays in TradingView.
• Understand the strategy well enough to know what should happen during major events (gaps, halts, earnings).

6. Mass-signal risk

TradingView re-emits historical strategy trades as fresh signals when the strategy is reloaded, the chart is refreshed, or the script is edited. PineX has a mass-signal guard that pauses execution when many trades arrive at once — but the guard can be disabled, and you must avoid triggering reloads while PineX is running. If you disable the guard and trigger a reload, PineX will fire every historical trade as a real market order.

7. Multi-pane risk

If you enable execution on two panes that track the same symbol with different strategies, PineX may fire opposing trades back-to-back as each strategy signals independently. You are responsible for understanding how your strategies interact.

8. Broker and exchange rules

Your broker and the exchanges they route to have rules about pattern day trading, margin requirements, position limits, order types, and acceptable trading practices. Some strategies that look profitable in backtest will violate these rules in practice — leading to rejections, margin calls, account restrictions, or worse. Know the rules of the venues you trade on.

9. Tax consequences

Trading creates tax events. The tax treatment varies by instrument, holding period, and jurisdiction. PineX does not provide tax records beyond what your broker generates. Consult a tax professional.

10. Regulatory

Trading is regulated. Depending on your jurisdiction, certain instruments may be restricted to accredited investors, may require additional disclosures, or may be prohibited. It is your responsibility to confirm that the trading you do is permitted in your jurisdiction.

11. No fiduciary duty

c21eservices and the operators of PineX are not your fiduciary, broker, investment adviser, or agent. We have no duty to monitor your account, alert you to market events, or intervene when a trade goes wrong.

12. Acknowledgement

By installing or using PineX you acknowledge that you have read and understood this Risk Disclosure and that you are solely responsible for any and all consequences of trading.

This Risk Disclosure has not been reviewed by an attorney or licensed financial professional. If you operate in a regulated capacity (RIA, IB, FCM, etc.) or sell to such users, you should have a securities lawyer review this document.