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alpha_9

Alpha#9​

Type: alpha_9 • Category: indicators

Description​

Alpha#9 - an indicator based on the minimum and maximum changes in the closing price.

Parameters​

NameTypeDescriptionRequiredDefault
closearrayList of closing pricesno

Help​

Alpha#9

Description​

Alpha#9 is an indicator used in investing strategies, developed by Alpha 101. It calculates the minimum and maximum changes in the closing price to provide insights for investment decisions.

What does this worker do?​

The Alpha#9 worker analyzes a list of closing prices to determine the minimum and maximum changes in the closing price. This information can be used to identify trends and patterns in the market, helping investors make informed decisions.

How to interpret the results​

The results of the Alpha#9 worker provide a measure of the volatility of the closing prices. A higher maximum change and lower minimum change may indicate a higher risk investment opportunity. Conversely, a lower maximum change and higher minimum change may indicate a lower risk investment opportunity.

Parameters​

The following parameters are required to run the Alpha#9 worker:

Parameters Schema (JSON)​

{
  "close": {
    "type": "array",
    "description": "List of closing prices"
  }
}

Parameters List​

  • close:
    • Type: array
    • Description: List of closing prices
    • Example: [10.0, 12.0, 11.5, 13.0, 12.5]

Usage​

To use the Alpha#9 worker, simply provide a list of closing prices as input. The worker will calculate and return the minimum and maximum changes in the closing price.

Note: This documentation is based on the provided details and is intended to provide a clear understanding of the Alpha#9 worker. For more information, please consult the official Alpha 101 documentation or contact the developer.