Exploring Indicator Visualizations

Validating your investment logic is always a wise move, especially when it’s steering your hard-earned finances. As a diligent engineer, my confidence in my own code to perform as per expectation is cemented after executing numerous test cases. The usage of third-party solutions can sometimes be a bit of a puzzle box. That’s where QuantMage comes in with its indicator visualization feature, offering a revealing insight into your data for confirming that everything is as per your specification.

Three specific incantations can utilize an indicator: Weighted, Filtered, and If/Else. Weighted leverages the Volatility indicator for inverse volatility weighting. In contrast, Filtered employs another indicator for ranking, and the conditions in If/Else can comprise one or two indicators each. The visualization of any of these indicators is possible. At any given time, visualize one set of indicators.

Viewing Filtered’s Sort Indicator

To visualize its sort indicator, look for the button on the right: Once activated, a sort indicator for each involved ticker (or subspell) is plotted on the primary backtest return chart: As exhibited, the chart’s left side now illustrates Y labels for the indicator values.

Deciphering If/Else Condition Indicators

Hover over a condition and observe the right-side button for visualizing its indicators: Activate it and witness the indicators being portrayed in the plot:

Transparency fosters trust. We hope this insightful tool helps reinforce your belief in QuantMage as a supremely reliable platform! 🤝💪