Collective2 rates every trading advisor in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating.
One of the most important factors is the length of time we have been able to observe the performance of the trader.
Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index.
Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent trader will be rated more highly than a trader with erratic results.
Exceptional system and service!!! The system provider has very clever risk controls in place, which allows to control drawdown to acceptable levels. The equity curve is the smoothest one I have seen anywhere. Risk management is the key to the kingdom of financial independence.I love the system provider's feedback and market analysis, which he sends to subscribers almost on daily basis. Honestly, I have not seen this levels of service excellence in my life. No doubt, a five star system!!!
Feb 19, 2010 from AutoTrader
Good communication with the system vendor.
I had absolutly no problem trading this system with InteractiveBrokers, but you definetly need a consistent broker, because you are reliant on a good fill.
I have chosen this system, because it keeps drawdowns to a acceptable minimum and has perfect stats, as I am writing this review.
One star dump, because the system is just 4 months old and I think it could be difficult to trade it with less than 20000USD, but for those who have large capital, this is a exceptional system.
System Description
FxTiming :System`s Goal is to consistently maintain good Sharpe and APD ratios trough the use of propietary algorithms to trade swings that will last from 4 hours to 4 days.All Forex pairs are traded.No specific timing for the signals,usually they will be delivered during the first 2 hours of either the European session or/and American session.Most trades will be opened Monday to Wednesday and closed Wednesday to Friday.Usual Risk and MaxRisk per trade are ,respectively,3% and 5% and Usual Risk/Max Risk per global position,in case of multiple simultaneous open positions,are,respectively 7% and 12%.
The system ALWAYS uses Stops based on either a ratio or a multiplier of D1 volatility of the pairs traded.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
Subscriptions cost $200 per month. (That is, we will charge you every 30 days - not when the month name on the calendar changes. So it's okay to sign up towards the end of a calendar month. You'll still get a full 30 days.)
All FX pairs.Focus on low risk consistent returns.Trades last from 4 hours to 4 days.Propietary algorithms to generate trading signals.Risk control per trade and per global position. read more...
- This text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified the Overview text above. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.