The 4th evaluation factor in the Dukascopy Trader contest is the Dukascopy evaluation. It is meant to liquidate the misbalances arising from the excessive use of leverage to boost performance, scalping trades etc. Besides, it serves to adjust the total evaluation for the factors that Dukascopy values in the framework of the contest - i.e. reasoned trades with a high number of pips gained per position, adherence to one's forecasts (hence, closure of positions by SL/TP), justified entries etc. Finally, certain selected traders receive extra bonus points from Dukascopy in that evaluation category. With those points Dukascopy rewards the traders that were particularly outstanding overall in their activities during the contest month. The Dukascopy evaluation is by no means to be understood as an assessment of participants' trading "Quality". Instead, it is based on how the trader complies with the priorities currently set forward to the contest. These priorities are expressed in form of a set of trading statistics and subjective evaluation.

Starting from April 2011 Dukascopy discloses and recalculates the Dukascopy evaluation factors on an online basis and it is available all over the month (previously, this evaluation factor was published only after the end of the contest). The total Dukascopy that a trader receives is assigned basing on the following parameters:

1. Share of positions opened by conditional orders (the more - the better) - 25%
2. Share of positions closed by SL/TP (the more - the better) - 25%
3. Average amount of pip won/lost per position (all figures taken by modulus) - 25% *
4. Extra bonus points from Dukascopy (received only by selected traders) - 25%

Dukascopy evaluation points can be received by a maximum of 92 participants (just as other evaluation factors). In order to get eligible for the Dukascopy evaluation points one has to satisfy the following 2 criteria:

1. At least 10 closed positions
2. Equity not less than 100,000 USD

All eligible users get ranked by every of the composing criterias. Then their rankings are summed up and form their total score on the basis of which they get their Dukascopy evaluation points. Points received by any participant are relative and depends on the positioning of the participant amongst his competitors.

IMPORTANT NOTE: In the end of the month, before the announcement of the final results Dukascopy will add extra bonus points to selected participant whom it considers to deserve additional reward. However, these extra bonus points may not exceed 25% of the Dukascopy evaluation (i.e. 6.25% of the total trader's score).

* Detailed explanation of the 3rd parameter's calculation:

1. The average amount of pip points lost per position is calculated for negative trades
2. The average amount of pip points won per positions is calculated for positive trades
3. If the average negative pips (by modulus) are higher than positive ones - the participant receives a Zero for that category
4. If the average positive pips exceed the average negative ones - the following formula it used to define the standing of the participant: "(Average positive pips + Average negative pips) / 2". All figures are taken by modulus.
5. Participants are ranked and receive their scores on the basis of the derived figure.