How reliable is Reliability metric of Signals
There is one thread about it: Signals - Reliability (and about some limitations as well).
Signals - Reliability
- 2018.12.07
- www.mql5.com
How do I understand the Reliability Index for Signal providers...
Sergey Golubev:
There is one thread about it: Signals - Reliability (and about some limitations as well).
There is one thread about it: Signals - Reliability (and about some limitations as well).
Thank you, I have seen this article. It says that MAE is taken into account along with other metrics. Its a combination of the Risk and Growth. Perhaps Risk does not have enough weighting. Its just a matter of time when that price does not come back for a very long time.
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I found MAE plot is extremely useful. It shows how much trader is willing to risk to make profit.
But I have seen some signals with top Reliability 5 when MAE shows for example some trades risking -$200 to make $15. This is very risky trading, subject to busts, just a matter of time.
This type of trading should not have top Reliability score. It does not seem Reliability score takes MAE metric with enough weight if any.