I hereby propose to create a rating called Signal Quality Index for signal providers
MQ can compare the Profit Factor, Recovery Factor, Draw Down, MAE, MFE, etc and rank the signals on each statistic and combine the score.
Then from there calculate the SQR and rank the signals
I am agree with you. This is very very helpful for the subscriber. I saw in the other community, their system as like you describe. Their calculation is very sharp and perfect. Any trader can choose the best signal / copy trader.
They have rating system and much more, So easily subscriber can find out the best and risk free trader. If MQL community develop the system, definitely every trader will be benefited. Waiting for the develop.