Dear Trader contest participants,

Yesterday, due to a technical issue during a scheduled update an unplanned change was done to the Dukascopy points’ calculation procedure. It was the methodology supposed to be released later, in August, but which was erroneously deployed on July, 28th. Because of this unintentional mistake some traders were shifted up/down from their original positions, which created a lot of confusion.

Understanding the impermissible nature of such changes during the last days of the contest month we are restoring the calculation methodology to its initial state, as of July 28th, before the update.

We sincerely apologize for the confusion this situation might have created.

Also, taking this opportunity we would like to announce that changes in the evaluation system will come anyway and that is planned to happen in mid-August. Provisionally, these changes will include the following:
1. Win/Loss ratio will be added as the 5th parameter to the Dukascopy evaluation
2. The weight of the Dukascopy evaluation will be decreased from 100 to 50
3. The minimal order amount will be set to 100,000 (or higher).

P.S. Please note that in August the final standings will be presented on the 2nd week.

Best regards,
Dukascopy Forex community support

ranking as per "average negative pips" and "average positive pips" will still be there?

In regarding to recent manipualtion of dukascopy system points there is an obvious reason that the system is flawed, and the rule with conditional order it doesn't serve his purpose. And beside there are many traders like myself who doesn't use conditional orders because I'm always trading at the market.

Many here just open trades with conditional orders and close them imediately (with small losses or small profits )just to gain points.

There are many other reasons for those rules to be romved, just simply remove the average negative pips and conditional orders rules.

Many thanks

Best regards!

Trades with 200 pip SL and 10 pip TP are scalps and still get good points via conditional evaluation parameter. So my 2 cents: Addition of "Risk Reward Ratio" parameter

Justification for replacement: A positive R:R ratio is what professional traders look for in each trade.
Kindly include RR into Dukascopy scores, that would make competition near perfection, like real life trading. The winner here would really be winning big in live accounts.

Absolutely agree with you ritesh on the R:R calculation during evaluation.

The new rules is What I call Democracy.

The Risk/Reward situation ritesh describes makes good sense.

you may be in 100 pips negative but also can book 200 pips profit in the same trade. what profit you book at the end of the trade is important. you may have a positive R/R ratio at 1:3 but what if you lose all the trades just because of good risk reward ratio? even r/r ratio in the contest can be manipulated. that system was there initially but after the introduction of moving sl and tp they removed it.

So, in my opinion the evaluation points should be based on what trade a contestant takes and how consistent and successful he is in doing that. It should also be based on interlocking points like win/loss ratio with "weighted average pip gain". when a trader tries to manipulate one ranking, he will be losing in the other.

I really don't understand why dukascopy is stressing on conditional order trade which almost all the traders are manipulating. the more experienced a trader in the contest, more chances of he manipulating rules.

average pip loss is so hazardous. i found a guy with 2 losses with average 80 pips and average pip gain is 60 from 15 trades. just because he suffered 2 losses, how can he be penaliesd? i think it should be the weighted. i.e total pip gains/no. of trades and total pip loss/no. of trades.

let's see what new evaluation points look like in mid august.

Dear support,

How about moving stop loss...? if i have positive pips (example +100 pips), and to protect my gain i move my stop loss to +50 pips. Then market touch stop loss +50, i still have positive result. But how about win/loss ratio..? my position calculated win or loss..?

Instead of reducing the evaluation points to 50, keep it at 100. 50 for the automatic evaluation points and remaining 50 for expert evaluation points which is based on activity of the trader and over all performance and following rules. Keeping some points at your control will make a trader hesitate to manipulate evaluation points and try to follow rules as much as possible.

i had already made much earlier several proposals for a solution, but dukascopy used only parts of the ideas.

viewtopic.php?p=52563#p52563

viewtopic.php?f=48&t=25920

in their first attempt thy did not have conditional orders and interoreted the RISK REWARD ratio wrong. now they could improve the formula like i have proposed or use instead of that the average losing pips compared to the average winning pips to calculate a true risk reward ratio and find a constellation to compare that to the WIN LOSS RATO. add draw down and the evaluaiton would be perfectly easy and transparent!

thats all you need.

"Also, taking this opportunity we would like to announce that changes in the evaluation system will come anyway and that is planned to happen in mid-August. Provisionally, these changes will include the following:
1. Win/Loss ratio will be added as the 5th parameter to the Dukascopy evaluation
2. The weight of the Dukascopy evaluation will be decreased from 100 to 50
3. The minimal order amount will be set to 100,000 (or higher)".

Where are the promised changes in the evaluation system? It is already end-August, and they were planned for mid-August.

The changes' implementation has been shifted to September. The set of amendments remains unchanged and corresponds to the list presented previously.

I am still able to trade with 0.001M quantity. is't not changed to 0.1M still?
is win/loss ratio the part of evaluation system?

The amendments have entered into force last Friday. Please check the news.