Simpletrader marketplace ranking

[Guest]

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.

[Big River Man]

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.

[Big River Man]

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

[FX Magician]

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.

[Dom]

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!

[bestforexbroker]

I also I have the same problem
Waiting for the correct answer
Good luck