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alpha_3

Alpha#3​

Type: alpha_3 • Category: indicators

Description​

Alpha#3 - an indicator based on open and volume.

Parameters​

NameTypeDescriptionRequiredDefault
volumearrayList of volumeno
openarrayList of open pricesno

Help​

Alpha#3 Indicator

Description​

The Alpha#3 indicator is a tool used in investing strategies, developed by Alpha 101. It is based on open prices and volume data.

Overview​

The Alpha#3 worker is designed to analyze financial data, specifically open prices and volumes, to generate insights that can inform investment decisions.

What does this worker do?​

This worker takes in two sets of data: a list of open prices and a list of volumes. It then uses these inputs to calculate the Alpha#3 indicator, which can be used to gauge market trends and make informed investment decisions.

How to interpret the results​

The results of the Alpha#3 indicator can be used to identify trends and patterns in the market. A positive value may indicate a bullish trend, while a negative value may indicate a bearish trend. The magnitude of the value can be used to gauge the strength of the trend.

Parameters​

The Alpha#3 worker requires the following parameters:

volume​

  • Type: array
  • Description: List of volume data

open​

  • Type: array
  • Description: List of open prices

Parameters Schema (JSON)​

{
  "volume": {
    "type": "array",
    "description": "List of volume"
  },
  "open": {
    "type": "array",
    "description": "List of open prices"
  }
}

Usage​

To use the Alpha#3 worker, simply provide the required parameters in the specified format. The worker will then calculate and return the Alpha#3 indicator value.