Your DarwinEX widgets

We thought it’d be useful to explain the use of your DarwinEX widgets in this blog post for future reference.

Deploying your widget

All you need is visit the widgets section in the main DarwinEX user menu.

Understanding the syntax

The widget syntax contains the following variables:

  • Widget type: there’s currently 3 types of widgets, feel free to share ideas for more!
  • Strategy holder: DarwinEX user name of the strategy
  • Strategy code: DarwinEX code for the strategy
  • Widget publisher: DarwinEX user name for the user publishing the widget
  • Size in pixels (note this is widget dependent)

The example below shows the syntax for the return widget in a hypothetical case where SatoTrader publishes the return for his strategy WGD.4.


Risk / Return / Drawdown widget

We have not implemented any authentication to keep things simple – data is public on our LeaderBoard anyways. Rules of engagement

  1. Any DarwinEX user may publish the track-record for any linked or traded with DarwinEX.
  2. Any lead first visiting DarwinEX via the widget is credited to the scouting account of the publisher, provided the publisher coincides with the strategy holder

This means that anyone CAN publish (e.g. usurp) someone else’s track record. BUT unless we make an exception (which we may do for trusted educational providers) he/she will NOT be credited for leads. We sometimes tolerate selfish behaviour if it results in a selfless contribution to the Independent Trader movement 🙂 Questions / Suggestions? As ever, feel free to reach out to Ignacio, Vladi & Co. will be happy to listen & help!

Value at Risk or VaR

You all have read these disclaimers:

“Trading may carry a high degree of risk to your capital”

Indeed, trading is risky. But you’ll probably agree that not all trading strategies carry the same risk. Wouldn’t it be great to have one single risk measure that tells, at a glance, how risky a given trading strategy is?

Forget Max. Drawdown, Max. Leverage or Standard Deviation… at Darwinex, risk is measured in terms of Value at Risk or VaR (note: we do also analyse Max. Drawdown, Max. Leverage & Standard deviation).

Understanding VaR

VaR measures the percentage of loss a trading strategy is likely to suffer in the worst month out of every 20 months. In other words: what is the risk an investor is taking when investing in a given strategy?

Because at Darwinex we know how important risk is when talking about trading strategies, we have recorded a brief tutorial that will help you to understand how we measure risk and why VaR is a powerful way to compare risk across trading strategies! 

Liked it? Your feedback would be greatly appreciated! Trade safe everyone!