OPEN-SOURCE SCRIPT

ABC System [KFB Qaunt]

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ABC System
The ABC System provides insights into asset performance relative to a benchmark, incorporating metrics such as Alpha, Beta, and Correlation.

Functionality:
The script calculates
  • Alpha: Indicates an asset's risk-adjusted return compared to a benchmark.
  • Beta: Measures an asset's volatility compared to a benchmark.
  • Correlation: Determines the relationship between an asset and a benchmark.


Coloring & Criteria
cuplikan

Based on these metrics and criteria, the script generates signals indicating potential trading opportunities.

Input Setup
Inside the indicators settings you can configure parameters such as the
  • Benchmark Symbol
  • Risk-Free Rate
  • Lengths for Alpha, Beta & Correlation
  • Visualization Options
  • Criteria for Beta & Correlation.




The information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors

Pernyataan Penyangkalan

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