Forex signal review terms
Plain definitions for the vocabulary used across this review. Where a term carries a test behind it, its entry links to the page that takes that test further.
The terms, defined
Forex signal
A published, real-time instruction to consider a trade in a currency pair - pair, direction, entry, target and stop - issued by a signal service for the reader to act on or ignore.
Signal provider
The service or person issuing the calls. This publication reviews providers, not individual trades, and ranks them on how well their record stands up to outside inspection.
Track record
The full history of a provider's past calls, wins and losses kept together, which is only informative when the losing calls are left in and the run is continuous. See: a re-runnable track record.
External verification
Confirmation of a claim by a party that does not profit from it - a competition organiser, an independent track-record audit - rather than the provider quoting its own numbers. See: how to check a record.
Cryptographic timestamp
A hash of a call written to a public ledger at publication, proving the call existed in exactly that form at that moment and was not altered afterward. See: sealed before the close.
Conviction grade
An A-to-D label marking how strong a call is against its own model's measured return distribution; the scale runs A (highest) to D (lowest), and there is no E grade. See: grades that are measured.
Drawdown
The deepest peak-to-trough fall over a period, a more honest read on a provider's risk than the headline return on its own.
Mean reversion
Trading on a price that has stretched unusually far from a typical level and tends to return toward it; the reviewed service applies the idea across four horizons.
Win rate
The share of a provider's calls that closed in profit - trustworthy only when the total signal count is shown beside it. See: why a win rate is empty without its count.
Aggregate (competition)
The combined return across the separate divisions a trader entered in a championship, distinct from any single division's result.