Terms and conditions
You agree to our terms by using https://bluechipalgos.com site and its products (web, desktop or any other form)
https://bluechipalgos.com is a copyrighted work and certain features of the site may be subject to additional guidelines, terms, or rules, which will be posted on the site in connection with such features, including, without limitation the company’s privacy policy, the platform services agreement, the subscription and sublicense agreement, all of which are incorporated by reference to these terms. All such additional terms, guidelines, and rules are incorporated by reference into these terms.
These terms of use (these “terms”) set forth the legally binding terms and conditions that govern your use of the site. By accessing or using the site, you are accepting these terms (on behalf of yourself or the entity that you represent), and you represent and warrant that you have the right, authority, and capacity to enter into these terms (on behalf of yourself or the entity that you represent). You may not access or use the site or accept the terms if you are not at least 18 years old. If you do not agree with all of the provisions of these terms, do not access and/or use the site.
This agreement requires the use of arbitration on an individual basis to resolve disputes, rather than jury trials or class actions, and also limits the remedies available to you in the event of a dispute. Please carefully read these terms of use before accessing the site or using any of the services. If you do not wish to be bound by these terms and conditions or if you cannot remain in compliance with such terms and conditions, you may not access the site or use any of the services and should immediately cease such access and use.
In order to use certain features of the site, you must register for an account (“account”) and provide certain information about yourself as prompted by the account registration process. You represent and warrant that: (a) all required registration information you submit is truthful and accurate; (b) you will maintain the accuracy of such information.
You are responsible for maintaining the confidentiality of your account login information and are fully responsible for all activities that occur under your account.
You are entirely responsible for any and all activities and conduct, whether by you or anyone else, that are conducted through your account.
You agree to immediately notify company of any unauthorized use, or suspected unauthorized use of your account or any other breach of security. Company cannot and will not be liable for any loss or damage arising from your failure to comply with the above requirements.
You are prohibited from soliciting or recruit any other users or members of the site, for any reason, unless you have requested and received permission to solicit or recruit in writing from the company. This prohibition includes a prohibition against soliciting or recruiting users of the site, to become members of competitive sites and services. If you violate this policy, the company reserves the right to terminate your account without notice and to take legal action to recover lost revenues plus applicable damages. By using the site, you specifically acknowledge that you agree to this prohibition.
Subject to these terms, company grants you a non-transferable, non-exclusive, revocable, limited license to use and access the site solely for your own personal use.
The rights granted to you in these terms are subject to the following restrictions: (a) you shall not license, sell, rent, lease, transfer, assign, distribute, host, or otherwise commercially exploit the site, whether in whole or in part, or any content displayed on the site; (b) you shall not modify, make derivative works of, disassemble, reverse compile or reverse engineer any part of the site; (c) you shall not access the site in order to build a similar or competitive website, product, or service; and (d) except as expressly stated herein, no part of the site may be copied, reproduced, distributed, republished, downloaded, displayed, posted or transmitted in any form or by any means. Unless otherwise indicated, any future release, update, or other addition to functionality of the site shall be subject to these terms. All copyright and other proprietary notices on the site (or on any content displayed on the site) must be retained on all copies thereof.
Company reserves the right, at any time, to modify, suspend, or discontinue the site (in whole or in part) with or without notice to you. You agree that company will not be liable to you or to any third party for any modification, suspension, or discontinuation of the site or any part thereof.
You acknowledge and agree that company will have no obligation to provide you with any support or maintenance in connection with the site, but the company reserves the right, on a case by case basis, to provide support or maintenance as the need arises.
Subject to the terms hereof, and excluding any non-public user content that you may provide, you acknowledge that all the intellectual property rights, including copyrights, patents, trademarks, and trade secrets, in the site and its content, whether provided by you, the company, or company’s suppliers, are owned by company or company’s suppliers. Neither these terms (nor your access to the site) transfers to you or any third party any rights, title or interest in or to such intellectual property rights. Company and its suppliers reserve all rights not granted in these terms. There are no implied licenses granted under these terms.
No investment advice; not an investment advisor; not a broker-dealer.
The company is not an investment advisory service, nor is it a registered investment advisor or broker-dealer and does not purport to tell or suggest the value of any securities or which securities customers should buy or sell for themselves. The users of the site may hold positions in the indices, stocks or industries. You understand and acknowledge that there is a very high degree of risk involved in trading securities. The company, the users, the authors, the publisher, and all affiliates of the site assume no responsibility or liability for your trading and investment results. Factual statements or publications on the site are made as of the date stated and are subject to change without notice. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by on the site are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of the site are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on the site are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the information in making any investment. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
Live trading risks
By using the site, you acknowledge and agree that live algorithmic trading has various risks and the company shall not have any liability for any losses incurred through using the site, such risks included, without limitation:
Design risks; errors in data, incorrect assumptions, logical program errors. Even if you designed a perfect strategy, past performance is no guarantee of future results.
Design risks; errors in data, incorrect assumptions, logical program errors. Even if you designed a perfect strategy, past performance is no guarantee of future results.
Loss of internet connectivity; resulting in disconnections from brokerage, trades not placed, not seeing the results of algorithm, orders failing to be placed.
Poor design of algorithm; resulting in runaway strategies, machine gun orders, run-time errors halting program operation, failure to trade when expected, termination of the algorithm.
Unexpected market conditions; resulting in poor fill prices, rapid losses (flash crashes), late exchange openings.
Data issues; broken, dirty, delayed or intermittent data connections causing algorithm errors. This includes data inaccuracies (exchanges sometimes publish bad/fictional trades).
Execution issues; orders submissions, updates and cancellations could be rejected or delayed. Trades could be disallowed by authorities without warning. Malicious activities; criminal activity could cause your algorithm to fail or your brokerage account to become compromised, leaking personal information, intellectual property or theft of your funds.
These events can cause the loss of all funds and holdings in your brokerage account. Algorithmic trading losses can occur faster than in manual trading and you should consult an investment professional to discuss these risks. You should continually monitor the operation of a live trading algorithm to ensure it is running properly.
Every time you use the site you agree that in all cases the company bears no responsibility for losses incurred, and offers no guarantees or expectations on your algorithm performance or stability.
Risk disclosure
BlueChip Algos is not responsible for any loss, including without limitation, any loss of profit, which might come up directly or indirectly from the use of or the dependence on systems and authorizations provided by us. BlueChip Algos cannot be held responsible for the accuracy of any tools, services and systems made accessible through the site.
Any news, analysis, research, opinions, prices, or any other information provided by BlueChip Algos through bluechipalgos.com cannot be established as an investment recommendation. BlueChip Algos cannot be held liable for any form of loss or damage, in addition to without limitation, any loss that may be encountered directly or indirectly from the utilization of or dependency on such information.
Trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading.
There is a very high degree of risk involved in trading. Past results are not indicative of future returns. bluechipalgos.com and all individuals affiliated with this site or channel assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for stock/nifty/banknifty observations are obtained from our own experience in market , but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the stock/nifty/banknifty observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein.you must consult your financial advisor before taking any action in stock market.
Past performance results are shown for illustration and example only, are hypothetical and as such have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. In fact, there are frequently significant differences between hypothetical performance results and the actual results subsequently achieved by any particular trading technique or methodology. One of the limitations of hypothetical performance results is that they are prepared with the benefit of hindsight. In addition, hypothetical trading 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 particular trading program despite trading losses are material factors which can adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which can not be fully accounted for in a preparation of hypothetical performance results and all of which can adversely affect actual trading results.
Offer Disclosure:
Though we support all our clients with great offers that are best in the industry, we would like to mention that in any unforeseen circumstances, we reserve the right to change or stop the offer any time before or after the client availing it. By availing the offer you agree to abide by this clause.
Technology risks:
You should be aware that using api service involves many uncertain factors and complex hardware, software, systems, communication lines, peripherals etc. The member broker and/or your software vendor do not make any commitment, warranty or promises that this api service will be available to you at all times without any interruption/fail.
We reserve all the rights to maintain disciplinary approach in case of any emergency you should carefully consider whether this api based trading is suitable for you in light of your financial condition or otherwise. Member broker/software vendor shall not be responsible for lost profits, revenues, or data; financial losses; or indirect, special, consequential, exemplary, or punitive damages. You are hereby informed, and by proceeding to trade duly acknowledge and accept that there can be no guarantee of profits or no exception from losses while executing orders by using the api facility. All trades are subject to market risk and are to your trading account. If your oder didnt go through due to api error , contact your respective broker.
Confidential information including credentials (such as passwords, api keys and secrets, and client ids) and order history (details of orders submitted, modified, cancelled) are stored on our servers and are not intended to reveal to anyone. You are fully aware of this flow process and if you do not wish to agree, you shall stop proceeding further and not register with us. Your software vendor may have access to diagnostic information related to application crash or performance issues which is used for betterment of api.
BlueChip Algos allows you to engage in live trading using the broker’s api access given to you by the broker. Engaging in live trading subjects you to:
The risks associated with trading generally, and
The risks associated with live algorithmic trading using BlueChip Algos.
The occurrence of any of the events associated with these risks, alone or in combination with any of the other risks described in this disclosure statement, could result in the loss of all of the money you have deposited in the brokerage account you use for live trading based on the strategies you write, test, and run on BlueChip Algos. Losses can happen more quickly when using algorithmic trading than other forms of trading. You should discuss with an investment professional the risks of trading in general and algorithmic trading in particular. You use any strategy in live trading at your own risk and it is your obligation to thoroughly and appropriately test any trading strategy before you deploy it and to continually monitor the operation of any deployed trading strategy to ensure it is running properly and in compliance with any applicable rules.
Other technology related terms and conditions:
Any or all of the systems comprising our infrastructure could entirely or partially fail, function erratically, or function very slowly (thereby leading to latency, i.e., delays in receipt of and response to user requests).
We may inadvertently cause a systems failure during planned or unplanned system maintenance.
We may undertake software upgrades, either planned or unplanned, that take longer to implement or that causes your computer system or internet connectivity to fail.
We may change or remove functions and features whose change or removal causes your system to fail, function erratically, or function very slowly.
Your computer system and your internet connectivity may fail.
Any of the components of your computer system and/or your internet connectivity could fail entirely, function erratically, or function very slowly. The result of any of these occurrences could make it difficult or impossible for you to access the BlueChip Algos site or services.
You may incur losses (or fail to gain profits) while trading securities. You should discuss the risks of trading with the broker-dealer where you maintain an account or other investment professional. BlueChip Algos provides you only with trading technology and can provide no investment, financial, regulatory, tax or legal advice.
Trading algorithms is subject to several risks, any of which can cause your algorithms to not function as you had intended or fail to achieve one or more of the objectives of your algorithms. Algorithmic trading is rapidly changing as a practice and as an industry. Models of markets used to write and test trading algorithms are inherently limited and often fail to perform as expected. In addition, trading algorithms are implemented in software programming code, and no matter how well designed and thoroughly tested, any such code can have logical errors and bugs that cause the algorithms to malfunction or suggest trades that, if executed, would result in losses. It is your obligation to thoroughly and appropriately test any trading algorithm before you deploy it and to continually monitor the operation of any deployed trading algorithm to ensure it is running properly and in compliance with any applicable rules
Your algorithm may be designed on the basis of an incorrect understanding of technical indicators which may not work as expected.
Your algorithm may contain logical errors in the way you understand the indicators and comparators.
Errors may exist in the data used for testing your algorithm or the applicable model of the market.
Your algorithm might appear to succeed in a backtesting environment using historical data.
Your algorithm might appear to succeed with some data sources, but fail when using other data sources in our system.
Your algorithm may not achieve the returns you anticipate. There are no guarantees, or even expectations, that can be made about the future behavior of an algorithm.p>
Backtesting cannot assure actual results.
It is not possible for a computer model to truly predict what might have happened if an algorithm-based trading strategy was in play in a live trading environment. For example, the implementation of such a strategy can itself have an impact on the market, and the model may fail to account for real-life factors that impact the model. Moreover, the model may fail to account for execution costs including broker commissions, fees, and trading slippage.
A promising model result does not necessarily predict a successful strategy. A backtest might be over-fitted to past data, and fail when the strategy is applied to new, live data. Your algorithm might not handle market conditions that cannot be reasonably anticipated, i.e., a “flash crash” or an exchange outage. These market conditions, by definition, will not have been tested.
The relevant market might fail or behave unexpectedly. Market centers in which you seeking to implement your trading strategy may fail or behave incorrectly because of technical reasons relating to infrastructure, connectivity, and similar factors.
Your algorithm might suffer from adverse market conditions. Those conditions can include a lack of liquidity and abrupt and unwarranted price swings. Also possible are late market openings, early market closings, market chaos, and mid-day trading pauses, and other such disruptive events.
You may receive incorrect information, or be unable to get information, about your orders, your positions, or market conditions. Incorrect actions may be taken, or corrective actions may not be taken, because of inaccurate or missing information. In addition, you may be unable to terminate or edit your algorithm.
Malicious and criminal activities might cause your algorithms and strategy to fail.
All computers and networks are subject to malicious “hacking” attacks and criminal activities designed to misappropriate the intellectual property, compromise personally identifiable information, steal funds, or any combination of such purposes. These attacks might be attacks on a target of opportunity or specifically targeted. Any such attack could cause the system so attacked to function improperly or not at all and could result in the misappropriation of your intellectual property, the compromise of your personally identifiable information and personal financial information, the theft of your funds and can cause your algo to be misbehave, malfunction or behave erratically. BlueChip Algos cannot be held liable and no legal action can be initiated against aforesaid website, in any case of an external attack by a malicious entity that leads to disclosure of personal data, algorithms or any other data a user has created, submitted or stored with BlueChip Algos. BlueChip Algos, in any case, be held liable to any loss of intellectual property, content, harm to reputation, damage, etc.
BlueChip Algos relies on third party services for market data eg. Data streaming via alice blue or zerodha subscribed by you (the user) for ticks, ohlcv, status updates, order execution etc. If these services are down or unsubscribed due to unforeseen circumstances or experience a down time due to various technical / non technical issues, BlueChip Algos might not be able to execute orders at all.
