Ranking System
At this time we can sort performances by different filters. I am thinking that it would be nice if fxstat can implement a ranking system. It can be based on various things i.e. profit, DD, capital, strategy, No of trades and no of days, no of pips earned etc.
What do u think?
The good or ill of a man lies within his own will. – Epictetus
Good idea - also number of followers, and how much profit system has made for the followers.
yea more variables can be added. I support this idea.
At this time we can rank ourselves by prioritizing variables. But for beginners, yes, ranking system will help a lot.
Stick to your rules
Originally posted by ironicalAt this time we can sort performances by different filters. I am thinking that it would be nice if fxstat can implement a ranking system. It can be based on various things i.e. profit, DD, capital, strategy, No of trades and no of days, no of pips earned etc.
What do u think?
Suggestion earned 1 more vote![[grin]](/themes/default/images/smiles/grin.png)
and 1 more vote
Thank you for your suggestion.
COuld you please dig deeper in this and let us know more about the type of ranking you would like to have?
to develope a ranking, we will need to create an Index per account. The index it will be calculated based on many different factors.
Lets discuss this further ![[aww]](/themes/default/images/smiles/aww.png)
Thank you
The FxStat Team
FxStat, Power to traders www.FxStat.com
Well, i guess most important would be a correct statistic ;)
For example my account
http://www.fxstat.com/en/performances/view/System_1R-8091
It shows a max. DD of 81 % ....the real is around 6%
Or my Profit for June shows 0,01% but when u see the chart u can see that the high is nearly the All-Time-High
Or with my account;
http://www.fxstat.com/en/performances/view/Crazy_Money-10255
It shows a max DD of 51%
Good idea.
Actually different users have different preferences. Some may want to rank based primarily on DD. Some may want it to be based primarily on Average weekly or monthly profit.
In my opinion, fxstat can take into account all factors with balanced average. Also give users the option to choose how they want to rank.
I think that the best ranking index is the number of followers that has a Signal Provider, and capital that has been allocatedto each signal provider...
@mikjurado
i am not sure, because then the follower just follows the mass without checking the systems and strategies he need