Blow up rate ?

[Evis Hadjipetrou]

Does anybody know, has estimated or calculated the signal failure rate on MQL5 ? If i were to choose 100 signals and spread my money equally among them, what is the blow up rate ( catastrophic loss, the signal blows the whole account) i  can expect in a month ?

By my estimation it can be as high as 10% for accounts with less than 3 month history, but just wondering if you have an opinion yourselves.

[Oleksandr Medviediev]

The reliability parameter for trading signals on MQL5 is calculated based on various factors such as the signal provider's trading behavior, performance, and risk management. The reliability index is a composite value that simplifies the comparison of signals in terms of investment reliability. It considers parameters like the maximum load on the deposit, monthly growth, and drawdown to assess the signal's trustworthiness.

NOTE: the correlation between a signal's rating and its reliability is not straightforward. A low rating does not necessarily mean low reliability, but it can impact the visibility and availability of the signal to subscribers. Continuously trading well and adhering to sound trading principles can improve a signal's rating and ranking over time

For more detailed guidance you can explore https://www.mql5.com/en/forum/293903  

Happy trading!

[Luca Norfo]

Evis Hadjipetrou:

Does anybody know, has estimated or calculated the signal failure rate on MQL5 ? If i were to choose 100 signals and spread my money equally among them, what is the blow up rate ( catastrophic loss, the signal blows the whole account) i  can expect in a month ?

By my estimation it can be as high as 10% for accounts with less than 3 month history, but just wondering if you have an opinion yourselves.

How much You risk for any trade gives Your risk of ruin. With the win rate, w/l ratio and risk per trade parameters You can calculate it.