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Simpletrader marketplace ranking

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  • Simpletrader marketplace ranking

    Can anyone explain what the ranking on the marketplace is based upon? I can't see any explanation on the site.

    Sorry I know this isn't specifically about this website or the copier software but given that the simpletrader site doesn't have a dedicated forum I figured this was the best place to ask.
    Consistant Profit (0.33x (NZD so really 0.5x)), Betatrader (5.0x (NZD so really 8.6)) - MyFXBook

  • #2
    Originally posted by GetRichQuickFX View Post
    Can anyone explain what the ranking on the marketplace is based upon? I can't see any explanation on the site.

    Sorry I know this isn't specifically about this website or the copier software but given that the simpletrader site doesn't have a dedicated forum I figured this was the best place to ask.
    I reckon it's pretty crap no one from the site has responded to this, BUT, it's 99% sure because they aren't even aware of it, I can't imagine Nick is actually trawling through every single forum thread. I'll email them and see if Dom or Nick can let us know, or if they let me know by email I can let you know.

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    • #3
      This is the full formula: Growth * ( Growth / Max DD ) / ( Max DD * Standard Deviation * Worst end of day drawdown )

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      • #4
        Originally posted by Big River Man View Post
        This is the full formula: Growth * ( Growth / Max DD ) / ( Max DD * Standard Deviation * Worst end of day drawdown )
        Interesting formula. Thanks BRM for explaining it.

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        • #5
          Originally posted by Big River Man View Post
          This is the full formula: Growth * ( Growth / Max DD ) / ( Max DD * Standard Deviation * Worst end of day drawdown )
          Hi Guys! I can confirm this formula above is correct.

          I apologize for this formula not being publicly available! We are looking at incorporating this into the "Rank" column on SimpleTrader soon.

          Thanks for your patience in the meantime!
          -"An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today"-

          Follow me on Quora for Q&A on Forex: https://www.quora.com/profile/Dominic-Gilbert-2

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          • #6
            I also I have the same problem
            Waiting for the correct answer
            Good luck
            افضل شركة فوركس تقوم تسجيل جميع عملائها ضمن الترخيص المركزي الخاص بها في الهيئة الاوروبية MFSA, وتحت رقابة MIFID , الشركة حصلت على ترخيص 27 دولة اوروبية

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