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TERMS OF SERVICE for visitors, agreement.

General terms:

1. By accessing and using this website "tolmachev.com", you agree to all these terms and conditions. This website is owned and operated privately by Boris V. Tolmachev with his assistants.

2. All of the information on this website is for entertainment and educational purposes only. Mr. Tolmachev may make improvements and changes in the Information on the website at any time and regular updates of the site are not guaranteed. And while it is unlikely, any material or publication may be deleted or changed at any time.

3. All the information is provided "as is" and "as available" without express or implied warranty of any kind of merchantability, fitness for a particular purpose. Mr. Tolmachev does not guarantee that the information will be uninterrupted, that errors will be corrected, or that the website or the host-server are free of viruses or other harmful components.

4. Mr. Tolmachev, his assistants or partners shall not be liable for any direct or indirect damages without any limitation, that result from the use of, or the inability to use, any materials available on the website, even if tolmachev.com has been advised of such damages. If you are dissatisfied with tolmachev.com materials, or with any of the terms contained in this website, the only result may be your decision to stop using tolmachev.com. If Mr. Tolmachev, or his assistants or his partners are found liable in connection with a claim arising out of the services or the Information of the site, their liability in such an event shall not exceed the amount of the fees paid by you for use of the service during the month in which the event giving liability occurred.

5. Mr. Tolmachev has the right to change terms of service and add fees and charges for use. You have to review terms and conditions regularly. Such modifications or additions will start immediately upon posting on tolmachev.com website, or by e-mail. Continuing use of site means your acceptance of the changes that have been made.

6. The terms are issued and governed by the lows of Russian Federation, and all the possible arguments arising out of the website tolmachev.com are under jurisdiction of courts of Saint-Petersburg, Russia, where Mr. Tolmachev is located.

7. If any part of the text of these terms is invalid or unenforceable due to any reasons, then the warranty disclaimers and liability limitations mentioned here will be supposed replaced by a valid, enforceable provision that most closely matches the intent of the original provision and will continue the effect. This electronic text is admitted as any other printed business document for any administrative purpose and a copy exists in originally printed form.


1. All materials of tolmachev.com, including, but not limited to articles, charts and images, newsletters ("Information") are protected by copyright by Boris Mr. Tolmachev or his partners. You must access the information manually, not with macro programs or others.

2. All the Information available from this tolmachev.com website has to be for informational and educational personal use only. No part of the Information from tolmachev.com website may be copied, reproduced, republished, displayed, translated or modified in any way or reduced to any electronic-readable form, in whole or in part, without the prior written permission of Mr. Tolmachev.

3. Any usage for commercial purposes is prohibited.

4. You take all risks associated with investment decisions made on the basis of information from this website. You should understand that Mr. Tolmachev, his assistants and his partners may be traders and may have positions in any investment tool mentioned on this website. Prior to trading, you have to consult with your broker or other financial consultant. Mr. Tolmachev or his assistants shall have no liability for investment decisions based upon the Information of the site.

5. Web page owners may link to the public HTML pages on this website, except external links to non-public HTML files. The tolmachev.com website may contain links to other sites that can be interesting to readers, but Mr. Tolmachev does not responsible for the content on those websites.

6. tolmachev.com does not provide financial data for download because we are a educational service. Our agreements with the data sources prevent us from distributing stock data except in chart examples or articles for educational purposes only.


1. If you get a permission from Mr. Tolmachev, then on materials or charts with our indicators or/and comments copied of republished from our website our copyright notice should be plotted, visible and unmodified.

2. In any electronic media (website, blog, etc.) we request that the "tolmachev.com" portion of this notice be linked to our website at http://tolmachev.com

3. Pieces of information must be copied to your server. Tag links to our site are prohibited.

4. Data must be copied manually. Usage of scripts or programs is prohibited.

Feel free to This e-mail address is being protected from spambots. You need JavaScript enabled to view it if you have any questions about these terms and conditions.


New on the site:

NH-NL index of NYSE on July 22 - July 30, 2015 read

Tab "forecasts" is updated daily before the opening of main session of MICEX approprietly.

An Article "Has hunting season come?" Read more

25.06.14 New volume indicator Plot added


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