Risk disclosure, disclaimer and privacy

Risk disclosure

Contracts for difference (CFDs) such as gold (XAUUSD), and other leveraged instruments, are high-risk products in which small price movements can lead to large profits or losses in your account. The great majority of retail investors who trade with leverage lose money; you could lose all of the capital you invest. TULPAR BOT is software that runs in the user's own MetaTrader 5 terminal, on an account chosen by the user and with settings determined by the user. The user decides which account it is used on, with which risk setting and for how long; any resulting profit or loss belongs to the user.

Automated trading software can cause unexpected losses due to sudden price gaps, variable spreads, slippage, order latency, low liquidity, economic news periods, internet or VPS outages, broker server problems, platform updates and software bugs. A stop loss limits losses but does not eliminate them. Only trade with money you can afford to lose; if you are unsure, consult an independent, licensed professional.

Prices shown on the site are delayed and for information only; they are not investment advice and should not be used to make trading decisions.

Important note on simulation (backtest) results

Backtest results are generated with the MetaTrader 5 Strategy Tester in an environment where past prices are known; they are not a record of real trades and benefit from hindsight. The settings were chosen using data from the same period; there is no separate validation period, and the data was taken from a single broker's server. The Medium and fixed lot results are the same test trades recalculated with the respective lot rule. In scenarios where the lot size grows as the balance increases (compounding), most of the total profit is generated toward the end of the period and at very large lot sizes: in this test, on the Maximum setting, 98% of net profit was generated in 2026 and 79% in 100-lot trades. In real markets, orders of this size may not be filled at the same price, and brokers' lot, margin and leverage limits may come into play.

The drawdown figures shown are balance drawdowns based on closed trades; equity drawdown, which also counts the floating losses of open positions, is deeper (−42.3% on the Maximum setting according to the MT5 report). Although the test includes commission, it does not exactly reflect variable spreads, slippage and order latency under real conditions. In a test with 300 ms of latency added to every order, results fell significantly. The same strategy may produce very different results on another broker's data, with a different server time or with different settings. No claim is made that any account will or is likely to achieve profits or losses similar to those shown.

Live account results

The trades in the “Live trades” section were opened and closed automatically by TULPAR BOT, running on a VPS, on a MetaTrader 5 account trading with real money. Real market conditions such as slippage, spreads and order latency affect the results; on a different account, at a different time or with a different broker, results may differ. The table does not consist of selected trades; it includes all trades (profitable and losing) from the start date to the last update. The period is short and does not constitute a statistically meaningful performance record.

Disclaimer: not investment advice

The information, charts, statistics and comments on this site do not constitute investment advice and are not recommendations to buy or sell any capital market instrument. Investment advisory services are provided under an investment advisory agreement signed between the client and brokers, portfolio management companies or non-deposit-taking banks authorized by the SPK (Capital Markets Board of Türkiye). The content here may not suit your financial situation or risk preferences; making decisions based solely on this information may not lead to results that meet your expectations.

About Forexhane

Forexhane is an education and sharing community focused on market literacy and algorithmic trading. It is not a broker, investment advisor or portfolio manager; it does not open accounts, does not accept money for investment purposes, does not provide trading signals and does not ask for access to user accounts. It does not offer copy trading or account management services. Residents of Turkey may trade leveraged products only through institutions authorized by the Capital Markets Board of Türkiye (SPK); the list of authorized institutions is available at spk.gov.tr. TULPAR ALGO TRADE BOT, which Forexhane produces, licenses and sells, may refer users to tested brokers so that it can calculate variables such as spread, slippage and server latency as precisely as possible. This referral is not investment advice; using the suggested broker is not mandatory, and the choice is entirely the user's.

Responsibility and age restriction

This site is not intended for persons under 18. The decision to use TULPAR BOT, to determine its settings and to choose which account to run it on rests entirely with the user; responsibility for any resulting profit or loss lies with the user. Telegram and MetaTrader are independent third-party services, and their own terms apply. The TULPAR BOT and Forexhane names and logos may not be used without their owners' permission.

Privacy

This site uses no forms, memberships, cookies or tracking pixels; we do not collect data directly from visitors. Fonts are loaded via Google Fonts; if you select “Accept” in the cookie notice, your browser's IP address is sent to the servers of Google LLC (USA), and if you select “Decline”, this transfer does not take place at all. Your theme preference (light/dark) and your response to the cookie notice are stored only on your own device, in your browser's local storage (localStorage); this information never reaches us. For the identity of the data controller, data transfers, the legal basis and your legal rights, see the KVKK Privacy Notice below (KVKK: Turkish Law No. 6698 on the Protection of Personal Data).

KVKK Privacy Notice

This section is the notice provided under Turkish Law No. 6698 on the Protection of Personal Data (“KVKK”) regarding the limited data processed during the technical operation of the site.

Identity of the data controller. Forexhane is not a registered company; it is an education and sharing community run on a voluntary basis. To protect the safety of community members and prevent unwanted one-to-one contact, the identity details of the founders/administrators are not shared on this site; the official contact channel at the end of this section is our point of contact for all requests under the KVKK.

Data processed and purposes. When the site is accessed, only the following data is processed, for the stated purposes: IP addresses and technical access logs may be kept automatically by our hosting provider for security and service continuity. If you select “Accept” in the cookie notice, your browser's IP address is sent to the servers of Google LLC (USA) so that the fonts can load; if you select “Decline”, this transfer does not take place at all and system fonts are used. Your theme preference (light/dark) and your response to the cookie notice are stored only on your own device, in your browser's local storage (localStorage); this information never reaches us.

Transfers. The IP data above is transferred to Google LLC (abroad) solely for the font request. Our hosting provider may keep technical access logs under its own security policies. Apart from these, no data is shared with or sold to any third party or organization for marketing purposes. When you click a Telegram link, you are redirected to Telegram; any information you share there is subject to Telegram's own privacy terms, and no data is transferred to Telegram through this site.

Collection method and legal basis. The data described is obtained by automated means through browser requests during the technical operation of the site. The legal basis for processing access logs is the data controller's legitimate interest under KVKK Art. 5(2)(f) (ensuring the security and continuity of the site); for the font request specifically, it is the explicit consent you give in the cookie notice.

Your rights (KVKK Art. 11). Anyone whose personal data is processed has the right to: learn whether their data is processed; request information about it if it has been processed; learn the purpose of the processing and whether the data is used in line with that purpose; know the third parties in Turkey or abroad to whom it has been transferred; request its correction if it has been processed incompletely or inaccurately; request its erasure or destruction under the conditions set out in the KVKK; request that the third parties to whom the data was transferred be notified of these actions; object to any adverse outcome arising from analysis exclusively by automated systems; and claim compensation for damages suffered due to unlawful processing. You can submit requests regarding these rights through our official Telegram channel, stating your request clearly and understandably; requests are resolved within the period set out in the KVKK, and within 30 days at the latest.

Security

Our admins will never message you privately to ask for your password, money, card or account details. If you receive a message like that, it is a scam attempt; don't reply, and report it to the community.