ABC System [KFB Qaunt]

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


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.
  

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