Alpha#21
Type:
alpha_21• Category:indicators
Description
Alpha#21 - conditional indicator based on moving averages and volume.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
volume | string | select the column with volume | no |
Help
Alpha#21
Description
Alpha#21 is a conditional indicator based on moving averages and volume, used in investing strategies as part of the 101 Formulaic Alphas.
What does this worker do?
This worker calculates the Alpha#21 indicator, which is a conditional indicator that uses moving averages and volume to generate a signal.
How to interpret the results
The results of the Alpha#21 indicator can be used to inform investment decisions. A detailed explanation of how to interpret the results can be found in the publication 101 Formulaic Alphas by Zura Kakushadze.
Parameters
The following parameters are required to calculate the Alpha#21 indicator:
- dataExp: price data
- Type: DataFrame
- Description: Price data
- close: select the column with closing prices
- Type: string
- Description: Column name with closing prices
- volume: select the column with volume
- Type: string
- Description: Column name with volume
Usage
To use the Alpha#21 indicator, follow these steps:
- Prepare your price data with columns for closing prices and volume.
- Pass the data to the Alpha#21 worker, specifying the columns for closing prices and volume.
Visual Guide
The following images demonstrate how to use the Alpha#21 indicator:
Reference
For more information on the 101 Formulaic Alphas, see the publication 101 Formulaic Alphas by Zura Kakushadze.