Spotware makes changes to cTrader Copy Strategy Rank calculation
Spotware Systems, the developer of the popular cTrader platform, announces that with the latest release of cTrader Copy, the company has introduced some changes in cTrader Copy Strategy Rank calculation.
The changes are the following:
- Extend Formula with Fee Parameters
Many traders consider the Performance Fee to be the most fair for the followers, so strategies which apply Management Fees and/or Volume Fees have been downgraded in the Rank calculation.
- Increase the Influence of the Current ROI over the Historical ROI
Strategy Rank has been modified to place more emphasis on the current ROI over the historical ROI. It is much more important for a follower to see strategies which are performing well here and now, and not those that once traded well in the past.
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.
The strategy rank is a proprietary method used to rank strategies in a comprehensive way, taking many parameters into consideration.