Spotware Systems, the company behind the popular cTrader platform, today announces 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.

cTrader Copy is a copy trading service, which includes risk management tools and detailed strategy profiles. These can be used by providers to showcase their products. The service was introduced by Spotware in 2018 as an overhaul of its original mirror trading platform cMirror, and functions as a flexible investment platform and a fully-integrated feature of cTrader.