We’ve noticed some issues with the way we ranked public strategies in the “Top Performers” list in the “Discover” tab.
Therefore we have come up with a new rating system to rank public strategies with. Internally, we call it the “Discover Rating (DR)”. The specifics of how DR is calculated will not be publicly disclosed due to potential abuse of the system, however, I can say that it is based on a couple of parameters:
DR is based on Return %, SLI, Like/Dislike ratio and the number of closed positions.
Oh, and a fun little detail: strategies with a " " in their name will receive a 10% boost to their DR.
Star strategies are very rare “drops” from the Generator (about 0.1% chance). The only special thing about them is their unique name and the slight boost to their Discover Rating.
We believe the introduction of Discover Rating (not visible as a metric in the app for now) will lead to a better overall experience for everyone - a fairer ranking for Strategy Managers and higher quality strategies for the community to follow.
Feel free to discuss this here!