Alpha#12

Type: alpha_12 • Category: indicators

Description

Alpha#12 - indicator based on volume and price changes.

Parameters

Name	Type	Description	Required	Default
dataExp	string	price data	no
volume	string	select the column with volume	no
close	string	select the column with closing prices	no

Help

Alpha#12

Description

Alpha#12 is an indicator used in investing strategy, specifically one of the 101 Formulaic Alphas. This indicator is based on volume and price changes.

What does this worker do?

The Alpha#12 worker calculates an indicator value based on the provided price data, volume, and closing prices. This indicator can be used to inform investment decisions.

How to interpret the results

The results of the Alpha#12 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 exact interpretation of the results depends on the specific investment strategy and market conditions.

Parameters

The following parameters are required to configure the Alpha#12 worker:

• dataExp: price data
  • Type: DataFrame
  • Description: Price data used to calculate the indicator
• volume: volume
  • Type: string
  • Description: Column name with volume data
• close: closing prices
  • Type: string
  • Description: Column name with closing prices

Usage

To use the Alpha#12 worker, follow these steps:

1. Provide the required parameters: dataExp, volume, and close.
2. The worker will calculate the indicator value based on the provided data.

Visual Guide

The following images demonstrate how to use the Alpha#12 worker:

Publication

For more information on the 101 Formulaic Alphas, including the Alpha#12 indicator, refer to the publication:

[Zura Kakushadze, "101 Formulaic Alphas"](https://arxiv.org/pdf/1601.00991)