DXY and gold: A classic correlationNoticed how when the DXY goes up, gold prices tend to go down? That’s no coincidence. Traders often use this inverse relationship to hedge their bets. Using DXY to assess currency pairsIf you’re trading EUR/USD, for example, the DXY can be a valuabl...
Creating the formulaic alphas describe in the above paper, and Evaluating the predictive quality of the results using various metrics from rank correlation and mutual information to feature importance, SHAP values and Alphalens.About Code and resources for Machine Learning for Algorithmic Trading, 2nd ...