The next three inputs are used to determine whether you want to use the last month, quarter, or year to calculate Jensen’s alpha. If you want to use the last month’s alpha, then enter “true” as the input value next to “MonthRet.” Otherwise, enter “false” as the input value. Make sure at least one of the three return-length inputs is defined as “true” while the other two are defined as “false” in order to have the indicator run properly. If you are looking for more short-term trades, you might want to look at the last month’s alpha; for medium term, the last quarter; and for long term, the last year.