Guide to the Bitget Trading Analysis Wizard

The Trading Analysis Wizard is a new feature designed to help you analyze elite traders' performance through a comprehensive scoring system. This guide explains how to use this new feature and understand its scoring system based on profit factor, win rate, and average win/loss ratio.

1. Accessing the Trading Analysis Wizard

Find the Trading Analysis Wizard on your elite trader profile page. Click on it for detailed analysis views.

2. Key Indicators

The performance of elite traders is evaluated based on three core indicators:

• Profit Factor (PF): The ratio of total profit to total loss, calculated by dividing the total profit by the total loss. A PF value greater than one indicates profitability.

• Win Rate (WR): The percentage of profitable orders, calculated as the number of profitable orders divided by the total number of orders. A high win rate indicates a successful trading strategy.

• Average Win/Loss Ratio (AWLR): Compares the average size of profit orders to the average size of loss orders. A high ratio means that profitable trades significantly outweigh losing trades.

3. Radar chart analysis

• Viewing the chart: The radar chart in the Trading Analytics Wizard shows performance based on the three indicators.

• Understanding the chart: Each axis represents an indicator, and the performance of the elite trader on each indicator is shown as individual data points on the chart. The connected data points form a triangle, allowing you to assess overall performance visually.

4. Comparison with platform average

• Data comparison: The radar chart also displays the average performance of other elite traders over the last 90 days for comparison, allowing you to visually see how the elite traders you follow compare to the average level.

5. Real-time data updates

• Data refresh: All data, including unrealized PnL of open positions, is updated hourly to ensure accuracy.

6. Providing feedback and getting help

For any issues or suggestions, contact customer support. We will continue to optimize this tool to help you make better trading decisions.

We hope the Trading Analysis Wizard helps you select and follow elite traders effectively. With its comprehensive scores and intuitive charts, you can make informed decisions when evaluating and choosing the right elite traders, optimizing your copy trading strategy. Try this feature to enhance your copy trading strategy and discover more trading opportunities!