I think the Current methodology of evaluation points looks absurd. Especially,
•Average pips lost on negative positions:
•Share of trades conducted with conditional orders

I’ve seen a lot of traders particularly those in top10 taking 1 or 2 pip loss just to bring down the average pip loss.
We have been seeing contestants cheating the trades conducted with conditional orders ever since the beginning of the contest.

Instead of this, can you use the following:
•win/loss ratio
•Average pips outcome from all positions
Which are now used only for information purpose.

Traders may try to increase the win/loss ratio by scalping, but doing so will reduce their average pips outcome which should discourage them to go for scalp trade.

Fixing the maximum number of trade to 100 or 150 will also make trader avoid scalping.

Points for pip gain per trade: Giving more points to those trades with pips gain may also be considered. But to be done on percentage of trade basis as absolute points may favor scalpers who do more trades.

You may divide the pip gain into 4 divisions. Like for those trades where gain is
1-30pips - 1 point
30-60 pips - 3 point
60-90 pips - 6 point
90+ may be given 10 points
And for losses a flat 2 points negative.

For e.g., if a trader has done 40 trades with 12 trades below 30 pips, 9 trades between 30 and 60, 7 trades between 60 and 90 and 4 trades over 90 pips and 8 loss trades. Then the points should be ((12*1)+(9*3)+(7*6)+(4*10)-(8*2)) =105 and the pip gain point should be 105*100/40= 262
If he gains same points with 60 trades then it should pip point will be 105*100/60=175

Encouraging traders to share in the screen shot of the chart with interpretation will help newbies to learn better.

Under general tab, currently performance, pips and popularity ranks are shown. Is it possible to show the dukascopy evaluation rank in that?

Thank you for your interesting proposal. We will take those into consideration for future possible implementation.

We do as well understand that here is a need for another change in the evaluation system. We are currently thinking about it. Although the final version is not yet decided upon, the next amendments are expected to take effect in mid-August.

We will later inform the participants on the details of the change.

If the goal is to eliminate scalping, have the software only consider pending orders X away from entry. For example, if the pending order entry is for .8650 long...then require the order to be placed no closer than .8630 if you demand a twenty pip lead.

I really do not see why you think a 91 PIP trade is far better then a 60 PIP trade if both trades are risking 4% and both trades are going for a 8% gain. If I even risk only 10 PIPS and my reward is 30 PIPS and I risk 4% I even make more. Your RR value is way more important then how big the PIP trade is.

One more reason to disalow scalping: some people are on here 16-17 hours a day. They obviously would enjoy a tremendous advantage over others that can't devote 100% of their time to this. The idea is to reward correct analysis, right? Not picking up bread crumbs.

I think you are not understanding the whole purpose of evaluation guest. well, your trading profit and pip gain will always be reflected in performance and pip gain. so, you are guaranteed of those points. here, with evaluation you have to satisfy the rules of the contest.

your proposal of risk/reward ratio works pretty fine if there is a fixed sl/tp (which they did have initially) but now, with moving sl/tp, it is much much more easier to manipulate that rule. for e.g., you initiate a trade with 200 pip sl and 30 pip tp. and then when you are at 25 pip profit, you can always change the sl to 10 and exit at 30 tp making it look like you have a great risk reward ratio which is certainly not advisable.

@NagarajaAdiga
1. RR are just as valuable
2. A 60 pip trade is just as good as a 300 pip trade if both are risking 2% and reward is 6%.
3. A 60 pip trade is as good as a 1000 pip trade if both are risking 2% and reward is 6%.
That may not follow the logic of the rules here, but it follows the logic of math.
They all ready have pip expert. That is enough for awarding pip counts. Total pip count is very hard to manipulate unless you want to shot yourself.
Anyways, I just used RR as an example. There are tons of ways for evaluation. For example, they should not use an average value of leverage, but a total leverage count. When you start to average anything out, it can be minipulated. Total account worth and pip expert work very well here. Run things in totals rather then in averages. It is really sad that DUK has to go to all this trouble just to keep cheaters from cheating. I really hope people do not do this in there real accounts. Averages do serve a good purpose to see what you need to improve on. But really, they cannot be used here since there are cheaters here. A person can have a trade open for 10 days and only make 1 pip. Or like today, someone could make 300 PIPs in 5 hours. I would pick the 5 hour trade over the 10 day trade. It is all about velocity= distance X time. Short time, long distance is the way you want to run your velocity. You have only 30 days.

Well, I think you should’ve been dared enough to put your nick. But by the way you insist on RRR so much, I can make out who it is.

Well, I have already asked about how you calculate RRR. If it’s based on previous trades, it’s been taking into consideration separately viz., risk factor is evaluated in “average pip loss” and reward is evaluated using “average pip gain”. If it’s based on the sl/tp you enter while entering the trade, it’s a joke as you can move sl at any time now.

I really didn’t understand what you mean by this 2 statement.

How can a 60 pip trade is same as 300 and 1000 pips when both Risk and Reward are same?

The last paragraph simply doesn’t make any sense here. What profit and pip you book at the end of the trade is what is important than how many minutes or days you hold it.

Performance points certainly show your money management you are adopting. Too aggressive you are, your chances of wiping out the account is more and too conservative you are, your chances of seeing in top10 is much less. It encourages you to take proper money management strategy you adopt.

Even the totals can be manipulated. If you are looking at highest pip gain, I trade with min volume with 20 pips for ‘n’ no of trades and if you want highest performance, I trade with highest volume with even lesser pip gain.

For your info, the totals are already reflecting in the performance and pip expert points. The evaluation system should only analyse how the performance and pip achieved with your trades.

A 60 pip trade is just as good as a 300 pip trade if both are risking 2% and reward is 6%.
A 60 pip trade is as good as a 1000 pip trade if both are risking 2% and reward is 6%.

Anyone who fails to grasp this concept needs to rethink it.

And a 30 pip trade is as good as a 1000 pip trade if both are risking 2% and reward is 6%.

Why? Different time frames require risking different amounts of pips. Think about it. The math is indisputable.