Top Lists
Last updated
Last updated
The Top Lists feature in FireForge is a powerful tool that displays the highest-performing strategies based on selected criteria, including Custom Evaluation Metric (CEM), absolute return, and other key performance indicators. Top Lists provide users with an efficient way to identify and prioritize the most suitable strategies across various market conditions and user-defined metrics.
Filtered for High-Performing Strategies: FireForge’s Top Lists only display strategies that meet strict criteria for performance, showing those with positive CEM values and positive absolute returns. This ensures that users see strategies that have both strong relative performance and actual profitability.
Ranking by Metrics: Users can customize their Top Lists by selecting specific metrics they value most. Strategies are ranked based on the user’s chosen metric (such as CEM, return on Buying Power Requirement, or Winrate), highlighting the best options according to those benchmarks.
By focusing on high-value metrics, Top Lists allow users to quickly identify strategies that align with their goals—whether they’re prioritizing income stability, growth, risk mitigation, or a balanced approach.
Efficient Strategy Selection: The Top Lists feature helps streamline the strategy selection process by presenting only the most promising candidates. Users can avoid sifting through low-performing or irrelevant strategies, focusing directly on the best options according to their personalized goals.
Clear Performance Insights: By including only positive CEM and absolute return strategies, FireForge’s Top Lists provide a view of strategies that have consistently generated favorable results. This added layer of filtering ensures users are assessing high-quality strategies.
Comparative Analysis: Top Lists make it easy for users to compare the best strategies side by side. This comparative analysis supports a data-driven approach to strategy selection, helping users choose configurations that balance their preferred metrics in an optimal way.
Income-Focused Traders: Users seeking income stability can set up Top Lists to prioritize strategies with high Winrate, low Drawdown, and moderate return metrics. This helps them focus on consistent, low-risk strategies suited for steady income generation.
Growth-Oriented Investors: Traders interested in growth can configure their Top Lists to prioritize CEM values and metrics like maximum return or return on Buying Power Requirement (BPR). This setup highlights strategies that have shown high growth potential, even if they carry slightly higher risk.
Risk-Managed Portfolios: Risk-averse users may use Top Lists to prioritize strategies with low Risk-of-Ruin weights, focusing on strategies that have demonstrated resilience across Monte Carlo simulations. By setting Top Lists with these metrics, users can create a portfolio that emphasizes capital preservation.
Volatility and Market Condition Adaptation: Top Lists can also help traders adjust strategies based on current market volatility. By selecting VIX-specific metrics, traders can filter for strategies that perform well in similar market environments, improving adaptability to evolving conditions.
A user interested in finding the most resilient strategies during high volatility periods could filter Top Lists based on VIX Dependency results, focusing on strategies with robust CEM and low Risk-of-Ruin weights within specified VIX ranges.
FireForge’s Top Lists would display only the strategies that have achieved these optimal performance levels, enabling the user to identify the strongest candidates for volatility-prone trading periods.