Alpha#11
Type:
alpha_11• Category:indicators
Description
Alpha#11 - indicator based on VWAP, close, and volume differences.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
vwap | string | List of VWAP values | no | |
close | string | select the column with closing prices | no | |
volume | string | select the column with volume | no |
Help
Alpha#11
Description
Alpha#11 is an indicator used in investing strategy, specifically in the 101 Formulaic Alphas. This indicator is based on VWAP (Volume-Weighted Average Price), close prices, and volume differences.
What does this worker do?
The Alpha#11 worker calculates an indicator value based on the provided VWAP, close prices, and volume data. This indicator can be used to identify potential trading opportunities.
How to interpret the results
The results of the Alpha#11 worker can be interpreted as a signal to buy or sell a stock. A positive indicator value may indicate a buying opportunity, while a negative value may indicate a selling opportunity. However, the interpretation of the results should be done in the context of the overall market and investment strategy.
Parameters
The following parameters are required to calculate the Alpha#11 indicator:
- dataExp: price data
- vwap: List of VWAP values
- close: select the column with closing prices
- volume: select the column with volume
Usage
To use the Alpha#11 worker, follow these steps:
- Provide the required parameters:
dataExp,vwap,close, andvolume. - The worker will calculate the indicator value based on the provided data.
Visual Guide
The following images demonstrate how to use the Alpha#11 worker:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: