Recovery Factor : Is it important?

Moses Olawale Ajayi  
doshur:
is it important? what is a good value?
I don't understand the question
graziani  

It is a kind of a description of a strategy.

When you compare strategies, it can be used to see difference between strategies.

When you develop a strategy, it is irrelevant.

Rogerio Figurelli  

I totally agree with Achidayat: the greater the value of the Recovery Factor, the better. 

But in my opinion, perfect is the enemy of good and each strategy has a Recovery Factor range that is more appropriate and realistic.

Furthermore, I believe that there is a proper balance between several relevant parameters, such as Drawdown, Profit Factor, Recovery Factor, Sharp Ratio, etc. that are appropriate for each strategy or Expert Advisor under test.

Steven Theobald  

Now I see what the Recovery Factor is and I love it as a metric.   

As Achidayat points out, it appears to be taking the maximal draw down on the whole balance of the account as the denominator and using the total balance on the account as the numerator. 

I think this and Sharpe may be some of the most important metrics for followers to see and compare since the objective of the signal following service first and foremost is DON'T LOSE MY MONEY.  Only then can we achieve the second objective which is MAKE ME SOME MONEY.

Is there any way to sort signal systems by this metric or Sharpe or ProfitFactor?  (Or only sortable by growth, equity, price, subs, date created)

Rogerio Figurelli  
TalonTrader:

Now I see what the Recovery Factor is and I love it as a metric.   

As Achidayat points out, it appears to be taking the maximal draw down on the whole balance of the account as the denominator and using the total balance on the account as the numerator. 

I think this and Sharpe may be some of the most important metrics for followers to see and compare since the objective of the signal following service first and foremost is DON'T LOSE MY MONEY.  Only then can we achieve the second objective which is MAKE ME SOME MONEY.

Is there any way to sort signal systems by this metric or Sharpe or ProfitFactor?  (Or only sortable by growth, equity, price, subs, date created)

As far as I know there is no way yet to sort by this metrics, but in terminal signals folder you have more options than web, for example DD, pips, avg pips, etc.
Reason: