Account and policies
Limitations and risks
Edgoro's code and analyses are written by an AI model, and they can be wrong even when every check passes. Each check covers one thing: Edgoro Pine Check applies its own rules but isn't TradingView's compiler, a compile in MetaEditor shows that an Expert Advisor builds, and Python's py_compile shows that a file parses. None of them tests a strategy. Backtests describe the past, chart analyses read only a screenshot, and Edgoro is not a broker or an adviser: you run the code and carry the risk.
On this page
AI-generated code
- The builders' instructions (Pine Script v6 rules, the MQL5 checklist, the Python safety defaults, the prop firm guards) are followed by the AI, but only some of them are verified automatically. Read the inputs and the logic before you run anything.
- Code can compile and still do something other than what you described: wrong session times, a stop on the wrong side, an alert that fires too often.
- The automatic fixes stop after 2 per conversation; a fix can also introduce a new problem, which is why each fixed version is checked again.
- If the compile service is unavailable, MQL5 and Python code arrive without a check result.
What each check proves
| Check | Proves | Doesn't prove |
|---|---|---|
| Edgoro Pine Check | None of its 27 rules fired | That TradingView compiles the script, types, runtime limits, logic |
| Compiled in MetaEditor | The .mq5 builds with 0 errors | That orders go through at your broker, or the strategy's behaviour |
| Python syntax check | The file parses | That dependencies install, the exchange accepts the orders, or the logic is right |
Edgoro does not compile Pine Script: TradingView does, when you add the script in the Pine Editor.
Backtests and analyses
- Backtest Lab tests crypto spot pairs only, on candles, with a simplified fill model (next open, stop first when both are touched, fixed slippage) and no funding, borrowing, order book or partial fills.
- The AI translates your strategy into rules before the test; it lists its assumptions, and refuses what it can't simulate, but a translation can still differ from your code. Read the extracted rules.
- Results on one pair and one period don't predict the next; with fewer than 30 trades they're mostly luck.
- A chart analysis reads only the image: nothing off-screen, after the screenshot, in the order book or in the news.
- Copilot's data comes from free public sources; for indices, stocks and other markets read through Google Finance, it has the price and today's range but no history.
What Edgoro is not
- Not a broker or adviser. It never connects to a brokerage account, never holds money and never places trades. Nothing it produces is investment advice.
- Not a host. Expert Advisors run in your MetaTrader 5 and Python bots run where you start them, only while that machine and program are running.
- Not every platform. MetaTrader 5 only (no MQL4), and Python bots target Binance spot unless you ask for another exchange.
- No performance promise. Trading involves a substantial risk of loss. Test on a demo account first: a clean check shows that code builds, not that a strategy makes money.
The Risk Disclosure has the full statement.
Related pages
- Risk Disclosure
- Backtesting mistakes that inflate results
- What AI chart analysis can and can't do
- MQL5 EA risk checklist
- Algorithmic trading statistics
Trading involves substantial risk of loss and is not suitable for every investor. Edgoro is a software tool, not a broker or financial adviser: nothing it produces is investment advice, and past or backtested performance does not guarantee future results.
Something wrong or missing? Email contact@edgoro.com