STANCEL · LICENCE
Licence
INFORMATIVE TRANSLATION. The binding text is the Spanish one, «Licencia». This version exists so that an English-speaking reader can understand what they are agreeing to — if the two ever disagree, the Spanish version governs.
1. The parties
Provider: Eduardo Rodríguez. User: whoever installs or uses the program. Installing it means accepting this licence.
2. What is granted
A personal, non-exclusive and non-transferable right to install Stancel on as many of your own computers as you like, and to use it on up to two machines active at a time, at whatever tier your licence corresponds to. Installing it uses nothing up: the limit is how many machines are active at the same time, and you can release one yourself from your customer portal to activate another.
3. The two tiers
| Stancel Free | Stancel | |
|---|---|---|
| See the account, the challenge, the positions and the risk | Yes | Yes |
| Draw and calculate the plan | Yes | Yes |
| Own candles, mosaic and generic indicators | Yes | Yes |
| Trade: send, close, partials, OCO, trailing | No | Yes |
| The guardian acting: cutting, blocking, arming | No — it only informs (except as boxed below) | Yes |
| Analyser, almanac, templates and alarms | No | Yes |
| Phone alert (Telegram) when the guardian warns or a position closes | Yes | Yes |
| New versions and updated data | No | While the service runs |
Free informs; it does not protect. It shows the limit and what is left, and it does not cut. The program says so permanently on screen while the licence is free, and that notice cannot be hidden.
With one exception that protects the user: if Stancel opened a trade while the licence was paid or on trial, its brake stays with that trade until it is closed, even if the licence has returned to free in the meantime. Closing and modifying positions always work, at every tier.
And the other way round: on returning to Free, pending orders left by Stancel are cancelled, so that none executes later without protection.
When the service expires you do NOT lose the paid features: you keep them for good. What stops arriving is new versions, updated data and analyser improvements — you stay on the version you have, working in full. The program never switches off.
A licence returns to Free by four routes, and only these:
1. The 30-day trial runs out, because there was never a purchase. 2. The purchase is refunded (30-day guarantee). A refunded licence does not entitle you to a new trial. 3. The key is revoked for a serious breach (§8). 4. Stancel has been unable to check the licence for 3 days (the online permit expires). As soon as it checks again, the tier comes back.
In all four cases the program keeps working as Free and nothing is deleted.
4. What you may not do
Resell, rent, sublicense or distribute the program; decompile or reverse engineer it except as the law mandatorily permits; remove authorship notices; or circumvent the licence control.
5. The limits of the protection — the section to read
Stancel can close positions and block orders from being sent, but that depends on conditions it does not control:
1. That the terminal is open and logged in. 2. That there is a connection to the broker. 3. That the broker accepts the order. 4. That the market has liquidity and a price — in a gap, the close may execute worse than the level requested. 5. That the computer is on and not suspended. 6. That you have not switched the protection off yourself with the options the program provides for that. Those options start switched off; if you turn them on, the program warns you, and what happens with the protection off is your decision and your responsibility.
If any of those fails, the protection does not apply, or applies worse. Stancel reduces the likelihood and the size of a loss caused by carelessness or impulse. It does not remove it, and it is not sold as if it did.
6. No guarantee of results, and liability
The program does not guarantee profit, nor the absence of losses, nor passing any funding challenge, nor compliance with any funding firm's rules — those rules are set by each firm, can change without notice, and their interpretation is theirs.
Trading decisions are the user's, and so is the outcome.
The provider's liability is limited, so far as the law allows, to the amount paid for the licence in the last twelve months. None of this limits liability for wilful misconduct, gross negligence or personal injury, nor any rights that consumer legislation grants mandatorily.
7. Updates
No binary reaches your terminal unless you put it there.
The program does not update itself. New versions are downloaded and installed by hand: Stancel tells you when there is one, and the package is signed. Data (calendar, reference tables) may be updated while the service is running.
The licence check (§3, route 4) downloads no code and installs nothing: it only receives a signed permit. What it sends is in the privacy policy (§4).
If Stancel ever ceased to exist, before the licence server is switched off a last version that needs no check will be published, so that whoever paid keeps what they paid for.
8. Term and termination
Indefinite while it is complied with. On serious breach — above all §4 — the provider may terminate it, and the right to use the paid tier ends. The return to Free is preserved, except where the licence control has been tampered with.
9. Governing law
Spanish law, without prejudice to the mandatory jurisdiction rules in favour of consumers.
Version 1.0 · Last updated: 2026-09-12