Bot's Performance Stats
Know how good your bots are
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Know how good your bots are
ForexHero offers traders two of the most common metrics used to track financial performance for an investment - Sharpe Ratio and Max Drawdown. In principle, a Sharpe Ratio measures the excess returns above the Risk-free rate of return.
Risk-free rate of return is simply the returns on the safest type of investment instrument, such as government bonds and fixed deposits. As each country has its own risk-free type of investment returns, ForexHero allows the user to set the Risk Free Rate of Return in the Settings page.
Go to Settings >> Formula to set your Risk Free Rate.
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