Alpha#29
Type:
alpha_29• Category:indicators
Description
Alpha#29 - extremely complex nested indicator.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
returns | string | List of returns | no |
Help
Alpha#29
Description
Alpha#29 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator is described as extremely complex and nested.
What does this worker do?
This worker calculates the Alpha#29 indicator using the provided price data and returns.
How to interpret the results
The results of this worker can be used to inform investment decisions. A higher value may indicate a stronger signal, while a lower value may indicate a weaker signal. However, the exact interpretation of the results depends on the specific investment strategy and goals.
Parameters
The following parameters are required:
- dataExp:
price data- Type: DataFrame
- Description: Price data used to calculate the indicator
- close:
select the column with closing prices- Type: String
- Description: Column name with closing prices
- returns:
List of returns- Type: List
- Description: List of returns used to calculate the indicator
Usage
To use this worker, simply provide the required parameters and run the worker. The worker will calculate the Alpha#29 indicator and return the results.
Visual Guide
For a visual guide on how to use this worker, please see the following GIFs:
Publication
For more information on Alpha 101 and the 101 Formulaic Alphas, please see the publication by Zura Kakushadze: