The Inconsistency Score (formerly known as Trader Value Score) was invented to measure the trader's consistency.
As OFP doesn't want to impair any trader with a challenge or profit target, but we must protect ourselves and the trader from misuse and bad trading behaviours.
The difference between a real pro trader and an amateur is the ability to perform a strategy and get profits consistently.
The Inconsistency Score (formerly known as Trader Value Score) is simply calculated by taking the profits of your best trading day and dividing it by the total PnL.
By setting a maximum allowed Inconsistency Score (formerly known as Trader Value Score), we guarantee that payouts are not sent to gamblers or lucky traders who have 1 or 2 good days and try to capitalize on their luck.
This doesn't mean you have a profit target to reach, you are free to have any gain you want, but you must be able to replicate your results to get to a payout.
The Inconsistency Score rule doesn't lead to account closure or payout suspension. If your score is too high on review day, your payout will be postponed and added to the future one.
Example:
The account balance at the start of your trading period (after the first deposit or after a payout) is $154,000.
After 13 days of trading, the account balance has increased to $164,132, with a PnL of $10,132.
During this period, the best trading day had a profit of $3,200. The Inconsistency Score is 3,200/10,132 = 31,6%.
If the following day, the trader closes the day with a profit of $2,000, the new Inconsistency Score is 3,200/12,132= 26,4%.
Example:
This trader purchased a $200,000 40% Monthly account. During the month of August, he was able to trade and gain +$878.63 on August 15th, his maximum profit in one day.
At the end of the month, his total Profit and Loss was -$1,271.73. We can calculate his Inconsistency Score as 868.63/1271.73*100 = -68.3%.
What to do if your Inconsistency Score is too high?
There are two options.
The first option is to keep trading having your daily profits similar, can be higher or lower, to the most profitable day. In this way, you will lower your score in fewer days. The more you are consistent the faster the score lowers.
The second option is to reset your score and start again.
Remember you can always reset your TVS.
Inside your account page, you will see a button to reset the Inconsistency Score. Resetting the score will refresh your account, delete the current PnL status and let you start again without losing the account or getting stuck.