Risk Disclaimer

Flick Trader shows public market data and computes analytics from it. That is the whole of what it does. A green “Buy” on a signal grid means one thing only: the indicator rules behind that column evaluated to true on the data we had. It is not a view about the instrument, a forecast, or an opinion that you should own it.

We do not know who you are, what you hold, what you can afford to lose, or what your tax or regulatory position is. Nothing here is tailored to you, and it cannot be. If you need advice, consult a licensed financial adviser in your jurisdiction.

You should also check that trading the instruments shown here is lawful for you where you live, and what taxes apply to you. We do not.

All market data in this product comes from free, public sources. None of it is a licensed professional feed, and each market has real limitations you should understand before you read anything into a chart.

Foreign exchange — one price per business day, and no spread

FX rates are the European Central Bank’s daily reference rates, retrieved via Frankfurter. That has four consequences, and they are not small:

• One point per business day. The ECB publishes a single fixing at around 16:00 CET. There is no intraday data anywhere in the FX tools — no 15-minute, 1-hour or 4-hour view is possible, and the highs and lows you see are the highest and lowest daily fixings over the window, not real session highs and lows.
• It is a mid rate. There is no bid, no ask and therefore no spread anywhere in this product. It is an indicative reference, not a dealable price. You cannot trade at it, and the price your broker shows you will differ.
• Crosses are derived arithmetically from the ECB’s published matrix rather than observed in the market, so a cross rate is a calculation, not a quote.
• There are no weekend or holiday points. A “20-day” window in the FX tools means 20 business days, not 20 calendar days.

Borsa İstanbul — a free retail quote, and end-of-day history

• Quotes come from a free public retail source, with fallbacks to daily-history providers when it is unavailable. This is not Borsa İstanbul’s official real-time feed. It may be delayed, it can be stale, and when the primary source is refusing requests a “quote” may be derived from the last two daily closes instead of a live price. Where a row is showing seeded or derived data rather than a live quote, the interface says so — read those labels.
• Charts and every calculated indicator are end-of-day. They are built from daily closing prices. Nothing on a BIST chart reflects intraday movement.
• History may not be adjusted for corporate actions. We cannot warrant that splits, bonus issues, rights issues or dividends are reflected in the price history, and an unadjusted series produces wrong returns, wrong indicators and wrong backtests around those events.
• There are no dividends, earnings dates or corporate-action calendars in this product, because no free machine-readable feed of them exists. We link you to KAP rather than print a number we invented.

Crypto — public exchange endpoints, polled and cached

• Prices, candles, trades, funding rates and long/short ratios come from the public endpoints of a handful of exchanges and from a free aggregator. They are polled and cached, not streamed — there is no live tick feed here, and what you see can be seconds to minutes old.
• A price is one venue’s price. The same pair trades at different prices on different exchanges, and an aggregator’s average matches none of them. The venue you actually trade on will show something different.
• Crypto markets are largely unregulated, trade 24/7, and can move violently with no warning and no circuit breaker.

All markets

Free public sources fail. They go down, rate-limit us, return gaps, change format without notice, and occasionally return values that are simply wrong. We cache responses to stay within their limits, which means what you are looking at is not live. We do not independently verify any of it, and we do not warrant that any number on this site is accurate, complete or current.

Hypothetical results have a well-known bias: they are prepared with the benefit of hindsight, and no simulated record can account for the effect of real financial risk on real decisions. Specifically, our backtest engine works like this:

• Entries and exits are filled at the closing price of the bar that produced the signal. In reality you cannot act on a bar until after it has closed, so a real fill would come later and at a different price. This alone flatters results, especially on short timeframes.
• Stops and take-profits fill exactly at their trigger price. Real markets gap through stops. A stop that fills 2% below where you set it is ordinary; the simulation never does that.
• There is no slippage and no spread model. A commission percentage is applied — the one you set in the strategy configuration — and nothing else. If you leave it at zero, the backtest is charging you nothing to trade.
• Orders always fill, in full, instantly, at any size. There is no order book, no partial fill, no liquidity constraint and no market impact. Your simulated position never moves the price; a real one does.
• No funding, borrowing or overnight costs are modelled, and no taxes.
• Data quality flows straight through. Every limitation in section 2 applies to the backtest too. A daily-fixing FX series or unadjusted BIST history produces a backtest built on the same weaknesses.

There is also the risk you bring yourself: overfitting. Adjusting parameters until the equity curve looks good produces a strategy fitted to the past, and the better it looks after enough tuning, the less it usually means.

Paper bots are simulations. No order is ever sent anywhere, no exchange is contacted, and no money is at stake. Paper performance is not a track record and should not be treated as one.

A simulated bot differs from a real one in every way that costs money:

• it fills at a data-feed price rather than at whatever the order book would actually give it, with no slippage and no spread;
• it never has an order rejected, never hits an exchange rate limit, never encounters an outage or a withdrawal freeze, and never suffers latency;
• it pays no exchange fees beyond a modelled commission, no funding on perpetuals, and no financing;
• it trades a market that does not know it exists — a real position affects the price it is trying to get;
• and the trader running it feels nothing. Executing a plan through a real drawdown is a different act from watching a simulation do it, and it is where most strategies actually fail.

Technical indicators, signal grids, screener rankings, currency-strength meters, correlation and seasonality studies, volatility regimes and breadth measures are all arithmetic over past prices. They describe what has already happened. They do not know why it happened and they do not know what happens next.

Seasonality and correlation deserve a specific warning: both are computed over a finite historical window, both are unstable, and correlations in particular tend to converge toward 1 in exactly the market conditions where you were relying on them for diversification.

Nothing in the product is a ranking of what to buy. Where a tool sorts instruments, it is sorting by the metric named at the top of the column — nothing more.

Where the product lets users publish strategies, results or commentary, that content belongs to the user who posted it. We do not verify it, endorse it or check whether the results shown are real. Anyone presenting themselves as a successful trader on the internet may not be one, and published performance may be simulated, selective or fabricated. Treat it accordingly.

You are solely responsible for your trading and investment decisions and for any losses you incur.

By using Flick Trader you accept that you use its data and analytics at your own risk, that we accept no liability for any loss arising from your reliance on them, and that you will do your own research and, where appropriate, seek licensed professional advice before committing money to any market.

Never trade with money you cannot afford to lose. See the Terms of Service for the full limitation of liability.