Quote:just to give my 2 Cents: i know it was the decision to rank by Strat performance alone but i think given that the pairs and markets are different for each strat in the contest should be ranked by strat performance minus market performance. as the market performance can not be influenced but the strat does.
a strat that makes less minus or even plus in a bearish market performes better than one that makes less plus then a bullish market does in my eyes. although i would not compare these two directly.
You are very right. If I could change one thing this is what I would change. I would ranks strats according to their "alpha" (I mean the Gekko definition of alpha: profit over the market). But the rules are set in stone now and it would be lame to change them halfway through the contest.
Some context: Eventually I want to move towards more complicated scoring that takes into account all of:
Quote:- raw profit
- raw profit over market (alpha)
- results not correlated to market (beta)
- low risk
- minimum market exposure (time)
Before the contest started (and also before the market crashed the way it did) everything was steady (not changing for over a week) and the volatility difference between BTC and ETH was maybe 2%. Meaning the difference of the market wasn't really something I paid attention too. But one day before the context all the markets went crazy so now it has become super important.