Dear HTX Users,
HTX will soon implement an upgrade to the Leaderboards and Data Rules of the Futures Copy Trading System. The specifics of the upgrade are outlined below:
I. Enhancement of the Copy Trading Leaderboards
The platform will soon upgrade the Copy Trading Leaderboards with multi-dimensional rankings and advanced filtering tools. These enhancements offer a more comprehensive view of lead traders' performance across key metrics, including PnL, risk management, follower PnL, and trading activity.
Furthermore, the platform has refined several core indicators and data presentations, including:
- PnL%
- PnL
- Max Drawdown
- Followers' PnL
To enhance the accuracy and fairness of the leaderboard, the ranking methodology has been updated. Lead traders will now be ranked based on a comprehensive evaluation across PnL, risk management, trading activity, and followers' PnL.
II. Optimization of the Lead Trader Profile Page
Users can access a lead trader’s historical trading records and fund transfer history, and review key metrics such as PnL%, Max Drawdown, and Followers' PnL across different time periods.
III. Upgrade to Core Data Metrics
The calculation methodologies for core indicators have been refined as follows:
- PnL%
PnL% = PnL ÷ [Initial Assets + Max (Net Transfers In during the Period)]
Where: Net Transfers In = Cumulative Transfers In − Cumulative Transfers Out
This revised PnL% calculation more accurately reflects the lead trader's actual performance.
- Followers' PnL
Followers' PnL = Total Profit from All Followers' Closed Profitable Orders
- Win Rate
Win Rate = Number of Profitable Historical Positions ÷ Total Number of Historical Positions
- Max Drawdown
Maximum Drawdown Rate = (Peak − Trough) ÷ Peak × 100%
- PnL
PnL = Realized PnL + Unrealized PnL
IV. Supplementary Notes
- The upgraded features will be deployed in phases. Users are advised to refer to the actual page display for the most accurate information.
- This upgrade primarily focuses on optimizing leaderboard displays and data statistics logic. It will not affect users' ongoing lead trading activities, copy trading activities, or actual profits.
- Certain historical data displays may be subject to change as a result of the refined statistical rules. Please refer to the post-upgrade page displays for accurate information.
- The PnL% calculation formula will also be optimized to better reflect the actual performance of users featured on the leaderboard.
If you have any questions, please feel free to contact our online customer support.
HTX Team
