Hi guys,
According to the Post#9,318, these are rules for the September Contest:
Period: September from 6 to 24
Standard timeframe for checking contest's result: M15
Final Marks ≥ 5+INCR = 5 + 5 = 10
=> FINAL_GRADE_THRESHOLD% = 10 (it is the same for every month except April 2021)
1) Profit/Loss % issues
INCR1 = 2.0 % and INCR2 = 3.0%
Min Profit% = 23.6% + INCR1 x ( NumberOfMonth - 6 ) = 23.6 + 2x(9-6) = 29.6%
=> MIN_PROFIT_THRESHOLD% = 29.6
Max Profit% = 50.0% + INCR2 x ( NumberOfMonth - 6 ) = 50 + 3x(9-6) = 59%
=> MAX_PROFIT_THRESHOLD% = 59
if your profit are greater than 161.8 % , then you will be deprived from NEXT-MONTH-Contest
=> MAX_PROFIT_RED_LINE% = 161.8 (it is the same for every month)
2) Avgerage TakeProfit issues
INCR = 1 pip
avgTP = 23.6 pips + INCR pip x ( NumberOfMonth - 6 ) = 23.6 + 1x(9-6) = 26.6 pips
=> TP_THRESHOLD = 26.6
3) MCP issues
INCR = 5 Pips
MCP = 250 pips + INCR pip x ( NumberOfMonth - 6 ) = 250 + 5x(9-6) = 265 pips
=> MCP_THRESHOLD = 265
4) Diversification issue
PV_SINGLE_PAIR_THRESHOLD = 5 (it is the same for every month)
5) DrawDown issues
INCR1 = 0.30% and INCR2 = 0.20%
Max DD threshold = -38.2% - INCR2 = -38.2 - 0.2 = -38.4%
=> WORST_DRAWDOWN% = 38.4 (it is the same for every month from July)
Min DD threshold = -23.6% - INCR1 = -23.6 - 0.3 = -23.9%
=> SAFE_DRAWDOWN% = 23.9 (it is the same for every month from July)
And these are accounts for the September Contest:
According to the Post#9,318, these are rules for the September Contest:
Period: September from 6 to 24
Standard timeframe for checking contest's result: M15
Final Marks ≥ 5+INCR = 5 + 5 = 10
=> FINAL_GRADE_THRESHOLD% = 10 (it is the same for every month except April 2021)
1) Profit/Loss % issues
INCR1 = 2.0 % and INCR2 = 3.0%
Min Profit% = 23.6% + INCR1 x ( NumberOfMonth - 6 ) = 23.6 + 2x(9-6) = 29.6%
=> MIN_PROFIT_THRESHOLD% = 29.6
Max Profit% = 50.0% + INCR2 x ( NumberOfMonth - 6 ) = 50 + 3x(9-6) = 59%
=> MAX_PROFIT_THRESHOLD% = 59
if your profit are greater than 161.8 % , then you will be deprived from NEXT-MONTH-Contest
=> MAX_PROFIT_RED_LINE% = 161.8 (it is the same for every month)
2) Avgerage TakeProfit issues
INCR = 1 pip
avgTP = 23.6 pips + INCR pip x ( NumberOfMonth - 6 ) = 23.6 + 1x(9-6) = 26.6 pips
=> TP_THRESHOLD = 26.6
3) MCP issues
INCR = 5 Pips
MCP = 250 pips + INCR pip x ( NumberOfMonth - 6 ) = 250 + 5x(9-6) = 265 pips
=> MCP_THRESHOLD = 265
4) Diversification issue
PV_SINGLE_PAIR_THRESHOLD = 5 (it is the same for every month)
5) DrawDown issues
INCR1 = 0.30% and INCR2 = 0.20%
Max DD threshold = -38.2% - INCR2 = -38.2 - 0.2 = -38.4%
=> WORST_DRAWDOWN% = 38.4 (it is the same for every month from July)
Min DD threshold = -23.6% - INCR1 = -23.6 - 0.3 = -23.9%
=> SAFE_DRAWDOWN% = 23.9 (it is the same for every month from July)
And these are accounts for the September Contest:
