New Strategy Rank Has Been Released

Spotware's avatar

Spotware since: 23 Sep 2013;

  04 Oct 2021, 08:58
New Strategy Rank Has Been Released

Dear Trader,

We are pleased to inform you that a new version of cTrader Copy has been released, which includes a new method for sorting strategies, called Rank.  

The strategy rank is a proprietary method used to rank strategies in a comprehensive way, taking many parameters into consideration. For the calculation of the strategy rank, the following strategy parameters are considered:

  • ROI. Considers the all-time profitability of the strategy. The value of All-time ROI is used.
  • Equity Based ROI. Considers the amount of funds that the provider used to achieve the ROI result i.e. how much of the provider’s own funds were used for each 1% of ROI. The average value is used.
  • Trade Duration. Considers the number of trading days i.e. number days when the strategy provider was trading. The more active a strategy, the higher it will be placed in the rank.
  • Number of Profitable Months. Considers the number of months in which the strategy had positive ROI minus the number of months in which the strategy had negative ROI. This parameter allows evaluating the long term success of a strategy. 
  • Risk. Evaluates the degree of riskiness of the strategy and, accordingly, the risk of losing the investment
    • Equity Drawdown. The lower the equity drawdown of a strategy, the higher the strategy will show on the rank.
    • Risk Reward. The higher the risk reward ratio of a strategy, the higher the strategy will show on the rank.
  • Invested Funds. The more live followers funds are invested, the higher the strategy will show the rank.
  • Number of Live Followers. The more live followers a strategy has, the higher the strategy will show the rank.
  • Own Funds. The more funds the strategy providers invest in their own strategy, the higher the strategy will show the rank.

Launch cTrader Copy

TRADERS FIRSTâ„¢ Vote for your favorite features: https://ctrader.com/forum/suggestions

K2Team since: 06 Oct 2021;

  06 Oct 2021, 08:16
For more transparency

For more transparency, please give the formula for calculating RANK

PanagiotisCharalampous's avatar

PanagiotisCharalampous since: 13 Jan 2017;

  06 Oct 2021, 08:36

Hi K2Team,

We do not plan to release the formula in order to preserve the integrity of the ranking.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

Head of Community Management at cTrader

K2Team since: 06 Oct 2021;

  06 Oct 2021, 08:46
RE:

PanagiotisCharalampous said:

Hi K2Team,

We do not plan to release the formula in order to preserve the integrity of the ranking.

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

It is not transparent if cTrader does not release the formula.
Look at the "ichi" strategy, it doesn't make sense for it to take first place.
This strategy just went through a huge drawdown.
Even the "IMFC 1" strategy is losing money if you filter by 1 month and still take the first positions.

PanagiotisCharalampous's avatar

PanagiotisCharalampous since: 13 Jan 2017;

  06 Oct 2021, 08:58

Hi K2Team,

Releasing the formula will open the doors to manipulation. Does Google release their ranking algorithm anywhere?

Best Regards,

Panagiotis 

Join us on Telegram and Facebook

Head of Community Management at cTrader