Mirrors experienced traders' strategies in real time.
Visual display of the strategies' performance.
Advanced tools for selecting strategies according to a trader's preferences.
Automatic mirror trading and manual trading in one platform.
T-Score - Indicates strategies that perform well under current market conditions.
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The Mirror Trader platform uses cutting edge technology to provide traders with a user friendly interface, rich graphic indicators and robust execution.
In addition, the platform offers innovative trading tools such as smart filters, T-Score and comprehensive, real-time strategy status cards, designed to assist traders in making educated trading decisions.
The Mirror Trader platform introduces Forex traders to the mirror trading concept, a new method in trading that enables traders to 'mirror' strategies developed by other experienced Forex traders.
In order to start trading, the trader adds the selected strategies to their portfolio. The platform will automatically execute and manage orders according to specific parameters and conditions as dictated by the chosen strategy.
What is the "T-score"?
The ability to accurately assess the performance of each strategy is key to successful mirror trading. Traders have to be able to combine and analyze many parameters such as strategy profit, maximum drawdown, win %, and risk adjustment ratio among others, to make wise trading decisions. Prior to T-score, there was no single parameter or scoring method that represented the strategy's overall performance.
In addition, there was no system that tracked fluctuations in the volatile Forex market and notified traders of the changes in the performance of their strategies.
For these reasons, Tradency invented the T-Score. By constantly evaluating all the strategies available on the Tradency platform, the tool assigns a unique T-score to the strategy providing the most accurate and up-to-date indication of each strategy's performance.
T-Score serves as a perfect tool for traders that use Mirror Trader's platform to evaluate the strategies. With the T-Score, traders are offered the opportunity to examine not only the profitability of a strategy, but also its stability, risk factor and how well it adjusts to changes in the market.
*Anwendbar nur bei den gewöhnlichen Marktbedingungen. Während normaler Marktbedingungen. Die Spreads sind nicht festgelegt und können wegen der Marktvolatilität schwanken.