The Traderank statistical index allows assessing how consistent, predictable and sequential an iPA-Manager’s trading activity is. The higher Traderank index is, the more stable and qualitative an iPA-Manager’s trading strategy is.
Traderank is a composite index, which determines the degree to which an iPA-Manager’s trading strategy meets the rules and principles of the iPA trading. Traderank is calculated based on the iPA-Manager’s trading results over the last 4 weeks on all financial instruments for the Original account and for the Processed account separately. In addition, all the values of trading indices are considered: from the total profit to the consistency of trading.
There is a series of the iPA-Manager’s characteristics, which influence the Traderank value positively:
The Traderank index is calculated as the average value according to the following algorithm:
Only two composite values of the Traderank index are calculated for each iPA-Manager regardless of the number of activated trading instruments he/she uses when trading:
Thus, in the Long List of iPA-Managers, the Traderank index is displayed for all accounts of the iPA-Manager as shown in the figure.