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Market Profile Trading: Should You Go for the Opening Types or the Initial Balance?

Nov 05, 2024 Mohamed Muzamil

Hey traders! Let’s dive into a big question today – is it better to trade based on the opening types of Market Profile or wait for the Initial Balance (IB) to form? Both approaches have their perks, and we'll chat about the pros, cons, and the best scenarios to apply each method.

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Market Profile – Is It Useful or Just Hype?

Jul 22, 2024 Mohamed Muzamil

Hey traders! Let’s get straight to it: Is Market Profile really worth the buzz, or is it just another overhyped tool? This post isn’t going to explain what Market Profile is (you can Google that!), but it’s going to explore whether it’s as useful as people claim.

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Please read these terms and conditions carefully before using Our Service.

Interpretation and Definitions

Interpretation

The words of which the initial letter is capitalized have meanings defined under the following conditions. The following definitions shall have the same meaning regardless of whether they appear in singular or in plural.

Definitions

For the purposes of these Terms and Conditions:

Affiliate means an entity that controls, is controlled by or is under common control with a party, where "control" means ownership of 50% or more of the shares, equity interest or other securities entitled to vote for election of directors or other managing authority.

Countryrefers to: Karnataka, India

Company (referred to as either "the Company", "We", "Us" or "Our" in this Agreement) refers to algoploy.

Device means any device that can access the Service such as a computer, a cellphone or a digital tablet.

Services refers to the Website.

Terms and Conditions (also referred as "Terms") mean these Terms and Conditions that form the entire agreement between You and the Company regarding the use of the Service.

Third-party Social Media Service means any services or content (including data, information, products or services) provided by a third-party that may be displayed, included or made available by the Service.

Website refers to algoploy, accessible from www.algoploy.com

You means the individual accessing or using the Service, or the company, or other legal entity on behalf of which such individual is accessing or using the Service, as applicable.

General Terms and Conditions

This Agreement sets forth the Terms & Conditions that apply to your access and use of the Internet Web site located at www.algoploy.com (“Algoploy.com”) owned & operated by Amanah Innovations LLP. All information, tools, features and functionality (together the “Service”) located on https://algoploy.com website constitute an “invitation to offer” and applies to you, whether you are a “Visitor” (which means that you simply browse the algoploy.com website) or you are a “Member” (which means that you have registered with algoploy.com). The term “you” or “User” refers to a Visitor or a Member. The term “we” refers to algoploy.com. In using the service of Algoploy.com, you agree to be bound by this agreement as well as any of its amendments from time to time in the future and you are deemed to have accepted the terms and conditions listed below and you represent that you have the capacity to be bound by it.

These are the Terms and Conditions governing the use of this Service and the agreement that operates between You and the Company. These Terms and Conditions set out the rights and obligations of all users regarding the use of the Service.

Your access to and use of the Service is conditioned on Your acceptance of and compliance with these Terms and Conditions. These Terms and Conditions apply to all visitors, users and others who access or use the Service.

By accessing or using the Service You agree to be bound by these Terms and Conditions. If You disagree with any part of these Terms and Conditions then You may not access the Service.

You hereby agree and confirm that

You represent that you are over the age of 18. The Company does not permit those under 18 to use the Service.
We hereby reserve the right to cancel any service without providing any reason. This will be regardless of whether the payment has been confirmed/received. Rescheduled dates of the service will be informed by email.
The user agrees to give the correct information which is true and authentic. We reserve the right to confirm the information provided by the user. We also reserve the right to disallow any user to use this website and may reject / cancel the booking of service without providing any reason whatsoever.
We will not be held liable for any credit card fraud that occurs on its website. Users have to use only their card when they make their payments. The liability of using a fraudulent credit card lies on the user and the responsibility to establish otherwise shall exclusively be the users.
We will not be responsible for any delay of the service days because of flood, fire, wars, act of God or for any reason that are beyond our control.

Your access to and use of the Service is also conditioned on Your acceptance of and compliance with the Privacy Policy of the Company. Our Privacy Policy describes Our policies and procedures on the collection, use and disclosure of Your personal information when You use the Application or the Website and tells You about Your privacy rights and how the law protects You. Please read Our Privacy Policy carefully before using Our Service.

Setting up of Trading Systems

All Instructions in relation to the Services shall be issued to/by the Customer through the Website or, Customer Care Number or, Submission of physical request forms or email by algoploy.com or in any other manner as may be specified by algoploy.com from time to time. The Customer agrees and acknowledges that any Instruction given or purported to be given to/by him/her is at his/her risk and algoploy.com is only providing the software platform for implementation of the same. algoploy.com may at its discretion not carry out any setups where algoploy.com has reasons to believe that the instructions are not genuine or are otherwise improper or unclear or raise a doubt. algoploy.com shall not be liable if any instructions are not carried out for any of the reasons stated herein. All records of algoploy.com generated by the transactions arising out of use of the Services shall be conclusive proof of the genuineness and accuracy and time of submission of the Instructions/recommendations.

Credit Card Transactions

You agree, understand and confirm that the credit card details provided by you for availing of services of algoploy.com will be correct and accurate and you shall not use the credit card which is not lawfully owned by you, i.e. in a credit card transaction, you must use your own credit card. You further agree and undertake to provide the correct and valid credit card details to algoploy.com. Further the said information will not be utilized and shared by algoploy.com with any of the third parties unless required for fraud verifications or by law, regulation or court order. algoploy.com will not be liable for any credit card fraud. The liability for use of a card fraudulently will be on you and the onus to ‘prove otherwise’ shall be exclusively on you.

Fraudulent /Declined Transactions

Algoploy.com reserves the right to recover the cost-of-service charges and lawyer’s fees from persons using the Site fraudulently. Algoploy.com reserves the right to initiate legal proceedings against such persons for fraudulent use of the Site and any other unlawful acts or acts or omissions in breach of these terms and conditions.

Electronic Communications

When you visit the Site or send emails to us, you are communicating with us electronically. You consent to receive communications from us electronically. We will communicate with you by email or by posting notices on the Site. You agree that all agreements, notices, disclosures and other communications that we provide to you electronically satisfy any legal requirement that such communications be in writing.

Intellectual Property Rights

The contents of Algoploy.com, including its graphic user interface & design (e.g., text, graphics, images, logos and button icons), photographs, editorial content, notices, software (including html- based computer programs) are property of Algoploy.com. The contents of Algoploy.com belong or are licensed to Algoploy.com or its software or data or content suppliers. Algoploy.com grants you the right to view and use Algoploy.com subject to these terms. Any distribution, reprint or electronic reproduction of any content from Algoploy.com in whole or in part for any other purpose is expressly prohibited. The Customer acknowledges that the software underlying the Website as well as other Internet related software which are required for accessing Algoploy.com Online Services are the legal property of the Algoploy.com and/or its vendors or contractors. The Terms underlying this agreement will not convey any proprietary or ownership rights in the above software. The Customer agrees that he/she shall not attempt to modify, translate, disassemble, decompile or reverse engineer the software underlying the Website or create any derivative product based on the software. The Customer further agrees not to use the name, logo or mark of Algoploy.com or its parent company Amanah Innovations LLP and any related patent, trademarks and service marks applications, design rights, copyrights, and all or any similar or equivalent rights arising or subsisting in any country in the world.

Links to Other Websites

Our Service may contain links to third-party web sites or services that are not owned or controlled by the Company.

The Company has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that the Company shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise You to read the terms and conditions and privacy policies of any third-party web sites or services that You visit.

Termination/Un-Registration of Services

The Customer may choose to terminate/un-register the Online Services by submission of written request for the same.
AlgoPloy.com may, at its discretion, withdraw temporarily or terminate the Services, either wholly or in part, at any time without giving prior notice to the Customer. AlgoPloy.com may, without prior notice, suspend the Services at any time during which any maintenance work or repair is required to be carried out or in case of any emergency or for security reasons, which require the suspension of the Services. AlgoPloy.com shall endeavor to give a reasonable notice for withdrawal or termination of the Services.
The closure of the Account of the Customer will automatically terminate the Services. AlgoPloy.com may suspend or terminate the Services without prior notice if the Customer has breached these Terms and Conditions or AlgoPloy.com learns of the death, bankruptcy or lack of legal incapacity of the Customer or in case there is any change in the account holders. In such event the Services may be restarted by following the process and submission of such documents as specified by AlgoPloy.com in this regard.

Online and Mobile Alerts

AlgoPloy.com may from time to time provide automatic alerts and voluntary account-related alerts. Automatic alerts may be sent to you following certain changes made online to your AlgoPloy.com account, such as a change in your Registration Information. Voluntary account alerts may be turned on by default as part of the Service. They may then be customized, deactivated or reactivated by you. These alerts allow you to choose alert messages for your accounts. AlgoPloy.com may add new alerts from time to time, or cease to provide certain alerts at any time upon its sole discretion. Electronic alerts will be sent to the email address you have provided as your primary email address for AlgoPloy.com. If your email address or your mobile device email address changes, you are responsible for informing us of that change. You can also choose to have alerts sent to a mobile device that accepts text messages. Changes to your email address or mobile number will apply to all of your alerts. Because alerts are not encrypted, we will never include your password. However, alerts may include your AlgoPloy.com Login ID and some information about your accounts. Depending upon which alerts you select, relevant financial information may be included. Anyone with access to your email will be able to view the content of these alerts. At any time, you may disable future alerts.

Rights You Grant to Us

By submitting information, data, materials and other content to AlgoPloy.com through the Service, you are authorizing AlgoPloy.com to solely use the submitted information for the purpose of providing the Service. AlgoPloy.com may store and use the content, but only to provide the Service to you. By submitting this content to AlgoPloy.com, you represent that you are entitled to submit it to AlgoPloy.com for use for this purpose, without any obligation whatsoever.

Indemnity

You shall defend, indemnify and hold harmless AlgoPloy.com and its officers, directors, shareholders, and employees, from and against all claims and expenses, including but not limited to attorney’s fees, in whole or in part arising out of or attributable to any breach of this Agreement by you. You agree to defend, indemnify and hold harmless AlgoPloy.com, its employees, directors, officers, agents and their successors and assigns from and against any and all claims, liabilities, damages, losses, costs and expenses, including attorney’s fees, caused by or arising out of claims based upon your actions or inactions, which may result in any loss or liability to AlgoPloy.com, any third party including but not limited to breach of any warranties, representations or undertakings or in relation to the non-fulfillment of any of your obligations under this User Agreement or arising out of the your violation of any applicable laws, regulations including but not limited to Intellectual Property Rights, payment of statutory dues and taxes, claim of libel, defamation, violation of rights of privacy or publicity, loss of service by other subscribers and infringement of intellectual property or other rights.

In consideration of AlgoPloy.com providing the Services, the Customer, at his own expense, agrees to indemnify, defend and hold harmless, AlgoPloy.com, its directors and employees, representatives, agents, vendors and contractors, as the case may be, against all losses, damages, expenses, actions, claims, demands and proceedings whatsoever, that customers may incur, sustain, suffer or be put to at any time as a consequence of acting on or omitting or refusing to act on any Instructions given by the AlgoPloy.com or otherwise for use of the Services.

Disclaimer of Recommendations, Representations and Warranties

AlgoPloy.com is a tool to help you analyze the stock/financial markets. It helps you make informed trading and investment decisions. Please do your own due diligence before you make any Trading and Investment decisions. We provide analysis on various established technical parameters. You agree to understand that these parameter does not provide you with absolute decision making. In lot of cases, these indicators give wrong advice. We, by no means discriminate against stocks of any company. Please note that tips / stock suggestion given in the site/forum is individual’s opinion.

Technical analysis can predict future prices of financial instruments only with certain level of accuracy. Therefore, before taking any financial decision, you are requested to consult with a financial expert. While we have taken good care on quality and accuracy of the data but it may contain typographic error and inaccuracies and we expressly disclaim liability for any errors on the site. We do not guarantee of continual of any content on the website. We may at our own discretion may change alter contents. AlgoPloy.com will NOT be held responsible or liable for any actions taken, losses or profits incurred, emotional or otherwise stress caused as a result of trading. Data and interpretation are provided for the purpose of information & helping users understand various financial products like Stocks, Mutual Funds, et al.

AlgoPloy.com uses its own technology to achieve the purpose of simplification using grading and rating techniques. The images, graphics, terminologies including but not limited to labels are for communication purpose only and they should not be construed as investment or trading advice. Investing or trading in Stocks & Mutual Funds is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital. Algo Trading System related financial products currently being offered or proposed to be offered in future by AlgoPloy.com also involve risks and may not be suitable for everyone.

All comments, posts & opinions made by AlgoPloy.com and the user community on AlgoPloy.com are for information purposes only and under no circumstances should be used for actual trading or investing. Under no circumstances should any person at this site make trading decisions based solely on the information displayed herein. By using AlgoPloy.com, you agree to consult with your financial advisor, prior to making any trading decision of any kind. Past performance results have certain inherent limitations & hence it is advisable to consult your registered Trading System/Financial advisor. Amanah Innovations LLP, its management, Individuals & Financial Investors in the Company and/or their employees take no responsibility for the veracity, validity and the correctness of the information, grades, ratings, news, announcements or other research.

Although we attempt to research thoroughly on information provided herein, there are no guarantees in accuracy. The information presented on the site has been gathered from various sources believed to be providing correct information. Neither Amanah Innovations LLP nor any of its data or content providers shall be liable for any errors or for any actions taken in reliance thereon.

Amanah Innovations LLP is not a registered broker-dealer and does not endorse or recommend the services of any brokerage company. The brokerage company you select is solely responsible for its services to you, the user. Amanah Innovations LLP shall not be liable for any damages or costs of any type arising out of or in any way connected with your use of the services of the brokerage company (commissions, fees & slippage). AlgoPloy.com has taken due care and caution in compilation of the Data provided herein. The Data has been obtained by AlgoPloy.com from sources, which it considers reliable. However, AlgoPloy.com does not guarantee the accuracy, adequacy or completeness of any Data and is not responsible for any errors or omissions or for the results obtained from the use of such Data. AlgoPloy.com especially states that it has no financial liability whatsoever to the users/subscribers/customers/ of this Data. AlgoPloy.com or any of its directors/ employees/ representatives does not accept any liability for any direct or consequential loss arising from the use of the Data contained herein.

The Content and All Services and Products Associated with AlgoPloy.com Or Provided Through the Service (whether Or Not Sponsored) Are Provided to You on an “as- Is” And “as Available” Basis. AlgoPloy.com Makes No Representations or Warranties of Any Kind, Express or Implied, As to The Content or Operation of AlgoPloy.com Or of The Service. You Expressly Agree That Your Use of The Service Is at Your Sole Risk.

AlgoPloy.com makes no representations, warranties or guarantees, express or implied, regarding the accuracy, reliability or completeness of the content on AlgoPloy.com or of the service (whether or not sponsored), and expressly disclaims any warranties of non-infringement or fitness for a particular purpose. AlgoPloy.com makes no representation, warranty or guarantee that the content that may be available through the service is free of infection from any viruses or other code or computer programming routines that contain contaminating or destructive properties or that are intended to damage, surreptitiously intercept or expropriate any system, data or personal information.

Alert Disclaimer

You understand and agree that any alerts (whether SMS, email, phone or otherwise) provided to you through the Service may be delayed or prevented by a variety of factors. AlgoPloy.com does its best to provide alerts in a timely manner with accurate information. However, we neither guarantee the delivery nor the accuracy of the content of any alert. You also agree that AlgoPloy.com shall not be liable for any delays, failure to deliver, or misdirected delivery of any alert; for any errors in the content of an alert; or for any actions taken or not taken by you or any third party in reliance on an alert.

Liability Disclaimer

The Customer agrees that AlgoPloy.com shall not be liable if:
- The Customer has breached any of the terms and conditions, contained herein or
- The Customer has contributed to or the loss is a result of failure on part of the Customer to advise AlgoPloy.com within a reasonable time about unauthorized access of or erroneous transactions by use of the Algo Trading System
AlgoPloy.com shall endeavor to provide the Algo Trading System on a best effort basis and the Customer shall not hold AlgoPloy.com liable for non-availability of the Services or non-performance by service providers/ vendors, if any, engaged by AlgoPloy.com or any loss or damage caused to the Customer as a result of use of the Algo Trading System for causes which are not attributable to AlgoPloy.com. AlgoPloy.com shall not be liable in any manner to the Customer in connection with the use of the Algo Trading System. Without limitation to the other provisions of this terms and conditions, AlgoPloy.com, its employees, agent, vendors or contractors, shall not be liable for and in respect of any loss or damage whether direct, indirect or consequential, including but not limited to loss of revenue, profit, business, contracts, anticipated savings or goodwill, loss of use or value of any equipment including software, whether foreseeable or not, suffered by the Customer or any person howsoever arising from or relating to any delay, interruption, suspension, resolution or error of AlgoPloy.com in receiving and processing any Instruction or any failure, delay, interruption, suspension, restriction, or error in AlgoPloy.com’s system and/or any third party who provides such services as is necessary to provide the Services. Notwithstanding anything in the contrary provided in this terms and conditions.
The Customer agrees that AlgoPloy.com may hold and process his personal information concerning his Account on computer or otherwise in connection with the Algo Trading System & analyze the information to improve its Trading System/algorithms, marketing efforts & enhance the overall service levels & offerings. The Customer also agrees AlgoPloy.com may disclose, in strict confidence, to other institutions, such information as may be reasonably necessary for reasons of fraud prevention, for complying with legal directive, statutory reporting, etc. as per regulations of Government of India, SEBI, NSE, BSE, MCX and all concerned authorities.
AlgoPloy.com will not be liable for:
- acting in good faith on any instructions received by AlgoPloy.com from or on behalf of the Customer in relation to the Algo Trading system;
- error, default, delay or inability of AlgoPloy.com to act on all or any of the Instructions given by the Customer
- loss of any information/instructions in transmission;
- unauthorized access by any other person to any information /instructions given by the Customer or breach of confidentiality;

Disclaimer for Trading Analysis Products

The Customer acknowledges the risk factors & agrees to have understood the following –

All securities Algo Trading System are subject to market risks and there can be no assurance that the user’s objectives will be achieved and the value of the securities may go up or down depending upon the factors and forces affecting the securities market. Past performance of the Securities Markets does not indicate the future performance of the Securities of any Exchange/Markets.

There is no assurance or guarantee to users nor are they offered any guaranteed / assured returns. The value of the securities may be affected, inter-alia by changes in the interest rates, trading volumes in relevant Stock Exchanges, settlement periods, transfer procedures and performance of individual securities and inter-alia be exposed to Price / Interest Rate Risk and Credit Risk.

Accuracy of Information

The Customer undertakes to provide accurate and complete information wherever required and shall be solely responsible for the correctness and completeness of information provided by him to AlgoPloy.com at all times, including, but not limited to, the Instructions for the purposes of availing of the Algo Trading System Services. AlgoPloy.com shall not be liable for consequences arising out of erroneous information supplied by the Customer. If the Customer suspects that there is an error in the information supplied by AlgoPloy.com to him, he/she shall advise AlgoPloy.com as soon as possible. AlgoPloy.com will endeavor to correct the error wherever possible on a best effort basis. While AlgoPloy.com will take all reasonable steps to ensure the accuracy of the information supplied to the Customer, AlgoPloy.com shall not be liable against any loss, damages, etc. for any inadvertent error, which results in the providing of inaccurate information.

Limitations of Service & Disclaimer

The Customer acknowledges & agrees to the following –

Information, Data, Portfolio or Algo Trading System/Performance Tracking/ Review/ Analysis/ Diagnosis/ Suggested Steps/ Recommendations & their visual interpretation is provided for the purpose of simplification, assistance & helping users understand various financial products. AlgoPloy.com uses its own technology on the Website to achieve the purpose of comparison using technical analysis and rating techniques. The data about past returns, images, graphics, terminologies including but not limited to labels are for communication purpose only and they should not be construed as trading advice of purchase or sell, guarantee of returns through capital appreciation, dividend or interest receivable. Investing or trading in Financial Exchanges/Instruments is inherently risky and the Customer agrees to assume complete and full responsibility for the outcomes of all trading decisions made by him/her, including but not limited to loss of capital.

Trading-related financial products currently being offered or proposed to be offered in future by AlgoPloy.com also involve risks and may not be suitable for everyone. All comments, posts & opinions made on the Website by AlgoPloy.com and/or the user communities are for information purposes only and under no circumstances should be used for actual trading. Under no circumstances should any person at this site make investing decisions based solely on the information displayed herein.

AlgoPloy.com, its management, Individuals & Financial Investors in the Company and/or their employees take no responsibility for the veracity, validity and the correctness of the information, grades, ratings, news, announcements or other research. Although it attempts to research thoroughly on information provided herein, there are no guarantees in accuracy. The information presented on the site has been gathered from various sources believed to be providing correct information. Neither Amanah Innovations LLP nor any of its data or content providers shall be liable for any errors or for any actions taken in reliance AlgoPloy.com has taken due care and caution in compilation of the Data provided herein. The Data has been obtained by AlgoPloy.com from sources, which it considers reliable. However, AlgoPloy.com does not guarantee the accuracy, adequacy or completeness of any Data and is not responsible for any errors or omissions or for the results obtained from the use of such Data. AlgoPloy.com especially states that it has no financial liability whatsoever to the users/subscribers/customers/ of this Data. AlgoPloy.com or any of its directors/ employees/ representatives does not accept any liability for any direct or consequential loss arising from the use of the Data contained herein.

THE CONTENT AND ALL SERVICES AND PRODUCTS ASSOCIATED WITH THE WEBSITE ARE PROVIDED THROUGH THE SERVICE (WHETHER OR NOT SPONSORED) ARE PROVIDED ON AN “ASIS” AND “AS AVAILABLE” BASIS. ALGOPLOY.COM MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, AS TO THE CONTENT OR OPERATION OF AlgoPloy.com OR OF THE SERVICE. THE CUSTOMER EXPRESSLY AGREES THAT HIS/HER USE OF THE SERVICE IS AT HIS/HER SOLE RISK.

AlgoPloy.com makes no representations, warranties or guarantees, express or implied, regarding the accuracy, reliability or completeness of the content on the website or any other material distributed by AlgoPloy.com about its service (whether or not sponsored), and expressly disclaims any warranties of noninfringement or fitness for a particular purpose. AlgoPloy.com makes no representation, warranty or guarantee that the content that may be available through the service is free of infection from any viruses or other code or computer programming routines that contain contaminating or destructive properties or that are intended to damage, surreptitiously intercept or expropriate any system, data or personal information.

It is also clarified that it is AlgoPloy.com endeavor to offer complete suite of facilities & features on its Website for all the needs of Customers. However, all the facilities may not be made available to begin with & the services or options that aren’t available today would be made available in future. By choosing AlgoPloy.com, the Customer acknowledges that he/she is aware of this limitation. Depending on future roadmap & AlgoPloy.com own plans, AlgoPloy.com will strive towards making the its service as comprehensive as possible in not-so-distant future.

Alteration to Pricing, if any AlgoPloy.com offers multiple suites of services to its Customers. Some of them are free at present while some of it are paid for. It is specifically informed to the Customer that AlgoPloy.com shall have the discretion to alter the pricing structure, if & as it may deem fit in future and may at its sole discretion, revise the fees for use of any or all of the Services, by notifying the Customer of such revision through the Website or in any manner as may be specified by AlgoPloy.com from time to time. The Customer shall be required to refer to the schedule of fees put up on the Website from time to time.

Termination of this Agreement

AlgoPloy.com may at any time, terminate its legal agreement with you:

if you have breached any provision of this Agreement (or have acted in a manner which clearly shows that you do not intend to, or are unable to comply with the provisions of this Agreement);
If AlgoPloy.com in its sole discretion believes it is required to do so by law Modifications of this Agreement AlgoPloy.com may modify this Agreement from time to time. Any and all changes to this Agreement will be posted on the AlgoPloy.com site. AlgoPloy.com shall have the absolute discretion to amend or supplement any of the Terms and Conditions, features and benefits in relation to the Services. AlgoPloy.com shall communicate the amended Terms and Conditions by hosting the same on the Website only. The Customer shall be responsible for regularly reviewing these Terms and Conditions, including amendments thereto as may be posted on the Website and shall be deemed to have accepted the amended Terms and Conditions by choosing to continue the use the Algo Trading System/Services. Any change in the Terms and Conditions shall be communicated to the Customer, in the manner as aforesaid, within reasonable time period before the date of their implementation. You are deemed to accept and agree to be bound by any changes to the Agreement when you use the Service after those changes are posted.

Governing Law and Jurisdiction

This User Agreement shall be construed in accordance with the applicable laws of India. The courts at Bangalore shall have exclusive jurisdiction in any proceedings arising out of, under or in relation to this agreement with AlgoPloy.com, or its officers, directors, employees, investors, agents or affiliates. Any dispute or difference either in interpretation or otherwise, of any terms of this User Agreement between the parties hereto, the same shall be referred to an independent arbitrator who will be appointed by AlgoPloy.com and his decision shall be final and binding on the parties hereto. The above arbitration shall be in accordance with the Arbitration and Conciliation Act, 1996 as amended from time to time. The arbitration shall be held in Bangalore, The High Court of judicature at Bangalore alone shall have the jurisdiction and the Laws of India shall apply. You understand that, in return for agreement to this provision, AlgoPloy.com is able to offer the Service at the terms designated, with or without charge to you, and that your assent to this provision is an indispensable consideration to this Agreement.

Miscellaneous

All covenants, agreements, representations and warranties made in this Agreement shall survive your acceptance of this Agreement and the termination of this Agreement.

Limitations of Liability

AlgoPloy.com shall in no event be responsible or liable to you or to any third party, whether in contract, warranty, tort (including negligence) or otherwise, for any indirect, special, incidental, consequential, exemplary, liquidated or punitive damages, including but not limited to loss of profit, revenue or business, arising in whole or in part from your access to AlgoPloy.com, your use of the service or this agreement, even if AlgoPloy.com has been advised of the possibility of such damages. notwithstanding anything to the contrary in this agreement, AlgoPloy.com’s liability to you for any cause whatever and regardless of the form of the action, will at all times be limited to nil.

"AS IS" and "AS AVAILABLE" Disclaimer

The Service is provided to You "AS IS" and "AS AVAILABLE" and with all faults and defects without warranty of any kind. To the maximum extent permitted under applicable law, the Company, on its own behalf and on behalf of its Affiliates and its and their respective licensors and service providers, expressly disclaims all warranties, whether express, implied, statutory or otherwise, with respect to the Service, including all implied warranties of merchantability, fitness for a particular purpose, title and non-infringement, and warranties that may arise out of course of dealing, course of performance, usage or trade practice. Without limitation to the foregoing, the Company provides no warranty or undertaking, and makes no representation of any kind that the Service will meet Your requirements, achieve any intended results, be compatible or work with any other software, applications, systems or services, operate without interruption, meet any performance or reliability standards or be error free or that any errors or defects can or will be corrected.

Without limiting the foregoing, neither the Company nor any of the company's provider makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You. But in such a case the exclusions and limitations set forth in this section shall be applied to the greatest extent enforceable under applicable law.

Disputes Resolution

If You have any concern or dispute about the Service, You agree to first try to resolve the dispute informally by contacting the Company.

Translation Interpretation

These Terms and Conditions may have been translated if We have made them available to You on our Service. You agree that the original English text shall prevail in the case of a dispute.

Changes to These Terms and Conditions

We reserve the right, at Our sole discretion, to modify or replace these Terms at any time. If a revision is material We will make reasonable efforts to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at Our sole discretion.

By continuing to access or use Our Service after those revisions become effective, You agree to be bound by the revised terms. If You do not agree to the new terms, in whole or in part, please stop using the website and the Service.

Contact Us

If you have any questions about this Privacy Policy, You can contact us:

By email: support@algoploy.com
By visiting this page on our website algoploy.com
By Phone Number: +91-9976515330

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Market Profile Trading: Should You Go for the Opening Types or the Initial Balance?

Market Profile – Is It Useful or Just Hype?

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