The Zella Score is your ultimate trading performance tracker. Designed to give you a clear and visual representation of your trading success, it highlights key areas for improvement.
By combining essential trading metrics, the Zella Score provides an easy-to-understand yet comprehensive evaluation of your performance. Whether your goal is greater consistency, better risk management, or improved profitability, the Zella Score is here to guide you.
How the Zella Score Works
The Zella Score is built on six key trading metrics, each contributing to your overall score based on its importance. Here’s a breakdown of how it works:
1. Average Win/Loss Ratio
What It Measures: The average size of your winning trades compared to your losing trades.
Why It Matters: A higher ratio demonstrates effective risk management and profitability on individual trades.
Formula:
Score Ranges:
2.6 = 100
2.4–2.59 = 90–99
2.2–2.39 = 80–89
2.0–2.19 = 70–79
1.9–1.99 = 60–69
1.8–1.89 = 50–59
<1.8 = 20
2. Trade Win Percentage
What It Measures: The percentage of winning trades out of your total trades.
Why It Matters: Consistency is key to long-term success and complements your average win/loss ratio.
Formula:
Score Ranges: The Zella Score uses a formula to calculate your trade win percentage score based on thresholds:
By default, the Top Threshold is set to 60. The formula is:
For example, if your trade win% is 25, the Zella Score would calculate as:
(25/60) x 100 = 41.67
Any trade trade win% above 60 will cap the score at 100, ensuring fair and consistent performance evaluation.
3. Maximum Drawdown
What It Measures: The largest decline in your account balance from a peak P&L.
Why It Matters: Lower drawdowns reflect effective risk management and a safer trading strategy.
Formula: Max Drawdown % = (Largest Value Drop (Peak-to-Trough) / Max Cumulative P&L Before the Drop) x 100
Score Ranges: 100 - Formula Result
4. Profit Factor
What It Measures: The ratio of gross profits to gross losses.
Why It Matters: A profit factor above 1 signifies profitability; higher values mean better performance.
Formula:
Score Ranges:
2.6 = 100
2.4–2.59 = 90–99
2.2–2.39 = 80–89
2.0–2.19 = 70–79
1.9–1.99 = 60–69
1.8–1.89 = 50–59
<1.8 = 20
5. Recovery Factor
What It Measures:
Your ability to recover from drawdowns by comparing net profit to maximum drawdown.
Why It Matters:
A higher recovery factor reflects resilience and the ability to bounce back from losses.
Formula:
Score Ranges:
3.5 = 100
3.0–3.49 = 70–89
2.5–2.99 = 60–69
2.0–2.49 = 50–59
1.5–1.99 = 30–49
1.0–1.49 = 1–29
<1.0 = 0
6. Consistency Score
What It Measures: Tracks the variation in your daily trading performance.
Why It Matters: Consistency indicates steady trading habits and reduces impulsive decisions.
Formula: If average profit < 0, then 0. Otherwise: Standard deviation of profits / Total profit
Score Ranges: 100 - Formula Result
Combining the Metrics
Each metric is scored on a scale of 0–100, weighted by importance, and combined into your overall Zella Score.
Metric Weights:
Recovery Factor: 10%
Trade Win %: 15%
Average Win/Loss: 20%
Profit Factor: 25%
Max Drawdown: 20%
Consistency Score: 10%
How to Add the Zella Score Widget to Your Dashboard
Check out this guide to learn how to add or edit widgets on your dashboard:
Check it Out Now!
The Zella Score provides a single, actionable metric to assess and improve your trading performance. Start using it today and take your trading to the next level!
Have questions? Contact our support team—we’re here to help. 🚀