Some members are just looking for the pips weekly.
But for me by Steps:
1. system category (counter trend with 1 trade per symbol, hedge, trend follower with 1 trade per symbol and so on),
2. equity,
3. floating drawdown,
4. max/min lot size,
5. how many simultanious trades I can expect inside my Metatrader,
and so on.
So, I am starting it from the beginning step by step. Step #1 is something what I like (do I like to trade some ... trendfollowfing system, or hedge system, and so on). It is not easy to understand sometimes about which system is for which category but it is possible. Besides, we can contact with the vendor so the vendor can tell about. Sometimes it is very difficult to know as the vendor is using some mixed categories. If I can not understand the category easy so I skip Step #1 and go to Step #2 and so on up to my last Step, and after last Step I can come back to my main question: category. Just to understand: which can I expect from this system? Martingale? We know about it. Trend following system? How often this system will trade if trend following? Mixed categories? So, vendor can say something.
Step #2 and #3 - depends on the broker you are using. In RAS website: equity/floating drawdown in advances stats are precented for Alpari broker (or for stanard account with IBFX). If you are using IBFX mini and so on - the values of equity/floating drawdown will be different (usually in 10 times smaller).
Besides, we can sort everything by date and it is important as well. For example, it is important for Step #4 if we want to see: when the vendor had max lot size.
Because we want to estimate about which deposit size we can use with which kind of broker and so on.
When ... may be ... I should ask some more but from the vendor. I will ask about
: what do you use? which kind of indicators? There are some kinds of Moving Averages indicators, or some MA crossing or something? Because as we know: systems based on some indicators are more stable by performance than some other systems.
Than I go to my chart to see some market condition and so on. I do not need to know that system is profitable for 1 year forward testing. Or I need to know? I want to know: will the system be profitable tomorrow or next month?
And of course, I will want to speak with vendor: about his thinkings about it and so on. Just to receive more information.
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It is how I will select the signal for my self for example.
You can not see any "Weekly Pips" in my Steps. I will analyze 'weekly pips' in Step #2 together with equity (together with open trades because 'weekly pips' are closed trades).
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As I know some members are using many Steps to select the signals to use/trade (i remember few members asked for Sharpe Ratio. One buyers asked for Sortino Ratio).
So, my way to select the systems are not most complicated in the world
