Terms & Conditions

General remarks on indicator code

The sole purpose of this website is to discuss MIDAS approaches to the financial markets, including MIDAS techniques in the book. Andrew Coles and David Hawkins are not computer programmers and they will not code indicators belonging to other traders or other technical analysis approaches. They have no interest in other indicators or other technical systems beyond MIDAS. You are visiting this site on condition that you understand this commitment and that you do not contact Andrew Coles or David Hawkins requesting indicator code. Emails received by either of us that ignore these Terms & Conditions will be mutually ignored and deleted. We will not enter into any correspondence with parties visiting this site who do not take this warning seriously.

Andrew Coles

The comments and posts published in this website, blog and emails ARE NOT trading recommendations. They can NEVER be considered as trading calls or advice. If you decide to use the information offered here for your real trading it is at your own risk.


Trading foreign exchange and futures on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange and futures you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading and seek advice from an independent financial advisor if you have any doubts.


The MIDAS blog posts and other research and analysis on this website, including emails and Twitter information, are for research and information purposes only and should not be considered as investment advice. Nothing we say in the aforementioned content should be assumed to be profitable. Reliance upon information provided by us is at your own risk and we shall not be held liable for any loss due to posted market commentary and related analysis.


Further, we are not registered with any association in any capacity to give investment advice. We make no representation, warranties or guarantees, explicit or implied, regarding the accuracy or completeness of the information displayed on this website or in our reports or external articles, or any other information sent by email or in any other form.


All information is supplied under the condition that no obligation, responsibility or liability shall be incurred by us for any loss or damage, whether incidental, indirect or consequential, in connection with, caused by or arising from any use of or reliance upon the information supplied.


Further, all those who view said information agree irrevocably in advance that only general market information is being provided and that if they choose to use this information to trade securities in their own account they do so entirely at their own risk.


All website visitors are urged to seek professional investment advice in order to properly evaluate the information provided. Past performance does not in any way guarantee future performance.


Our comments regarding the market are an expression of opinion only and should not be construed in any manner whatsoever as recommendations to buy or sell any type of financial instrument at any time.


A qualified investment advisor should be consulted prior to making any investment. The information contained herein is provided solely to enable you to make your own investment decision and does not constitute any recommendation or advice to enter into any investment agreement or transaction.


No recommendation is made (directly or indirectly or by implication) as to the merits of or the suitability of any investment or transaction and no warranty is given as to the completeness or reliability of this information. All information provided is only to be construed as opinions and to be used as an information service only.


David Hawkins


I am not a financial planner, I am not an investment advisor, I am not a broker. I do not advise people on their retirement planning and I do not manage anyone else's money nor do I seek to. I do not advise the purchase or sale of any security. You should not rely solely on the material presented here for your trading and investment decisions. You should perform your own due diligence in accordance with your trading system before making any trade or investment.


The purposes of my posts here are threefold. First, they are educational – to show you how to use technical tools in analysing securities and markets. Second, they’re used to express my opinions about the state of the markets and certain securities. And third, they’re to promote the sale of my publications. There is no other purpose, implied or expressed.


I am fallible. Although I make a best efforts to be correct in my postings here I can be and sometimes am wrong.


The data I use in constructing these posts come from sources that are generally deemed to be reliable. But I cannot guarantee their accuracy and data errors can lead to false conclusions.  


I am an active trader in the markets. I may hold positions in the securities mentioned in my posts. I may trade in and out of those positions at any time without notice. I do not disclose my holdings or my trading activities.  My activities in the markets may indeed bias my opinions expressed here.


Markets are continually changing, as are my opinions of them and of individual securities. I may post an opinion of a security and later change that opinion without posting that change, and then go ahead and trade in accordance with my new opinion, which may be at odds with my original posted opinion. Therefore you should not use my posts as trading or investment advice.


You are solely responsible for the outcomes of all of your trades and investments, regardless of what I may post here.