Live Account - If checked, indicates the account is verified as real and can be audited by Zipsignals. Other trading systems could be traded from live accounts, but the ones we can verify with trade logs sent directly from the broker are flagged.
Weeks Trading - Number of weeks since the trading system was created.
Avg. Week Trades - Total number of trades divided by the number of weeks traded. Represents the number of trades you could expect to take in any given week.
Total Pips - Total number pips gained from all open and closed trades. The order size is ignored and only the pips value is displayed here.
Total Return - Non-compounded total return expressed as a percent of starting balance. Each trade in Zipsignals has an order size percent that represents volume based on balance. For example, a 1% order represents 1 mini lot per $10,000 of account balance. All metrics asssume you calculate this order size using a fixed starting balance (non-compounded). Knowing this we can calculate the return based on the order sizes of each trade and the number of pips gained or lost. If a system has a Total Return of 100%, this means if you took every trade at the recommended order size, the value is similar to the return you would have seen in your account. With this example, if your starting balance was $1000 you would have $1000 in profit. If your starting blance was $5000 you would have $5000 in profit.
Avg. Month Return - Total return divided by the number of months traded. Represents the return you could expect in any given month based on current performance.
Max Draw Down - Maximum equity draw down, peak to valley, expressed as a percent of starting balance. For example, if a trading system has 100% draw down then at some point the equity was reduced by the same amount as the starting balance. This does not necessaritly mean the account was liquidated. For example, a trading system has a total return of 500% with a max draw down of 100% and your starting balance at the begining of the trade history was $5000 then you could expect a profit of $25000 and at some point an equity draw down of $5000. The reason we report this value as an expression of starting balance is this is the most accurate way to represent risk. For example, if you had started trading at the top of the peak, just before the deepest valley, and the max drawdown was 100% this could very well have ended in an account margin call. Knowing this, all trading systems can be traded with more or less risk by adjusting the settings on the subscription. So, in this example you can adjust the opened lot sizes to be less for this trading system.
Max DD Weeks - Number of weeks between the max draw down peak and the next highest peak.
Zipsignals Factor - The Zipsignals Factor is a score that ranges from 0 to 100. The higher the better. It takes the average month return and the max draw down ratio exponentially approaching 1 for half the value. The other half comes from weeks traded, exponentially, approaching 52. To score a perfect 100, the trading system must have a 1:1 avg month return to max drawdown ratio (or better) and trade history of 52 weeks or more.
Please note that over the counter retail foreign currency (Forex) trading may involve significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved before trading, and seek independent advice if necessary. Any opinions, news, research, analyses, performance strategies, prices, charts or other information are not necessarily predictive of any particular result and do not constitute advice. Past performance is no indication of future results. If you place additional trades in your account or you modify or cancel an order generated by your program you may achieve a materially different result than the Trade Leader(s) that you follow. Your trading program will follow the same leverage of each Trade Leader whose signals you have incorporated into your program; and that leverage can vary by Trade Leader and by trade. By increasing or decreasing the amount of capital you allocate to follow the signals of a particular Trade Leader, you may achieve materially different profits or losses than the Trade Leader and you may be increasing or decreasing the risk of your program.