Alpha#30

Type: alpha_30 • Category: indicators

Description

Alpha#30 - momentum indicator with volume ratios.

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#30

Description

Alpha#30 is a momentum indicator with volume ratios, used in investing strategies as part of the 101 Formulaic Alphas.

What does this worker do?

This worker calculates the Alpha#30 indicator, which combines momentum and volume ratios to provide insights into market trends.

How to interpret the results

The Alpha#30 indicator can be used to identify potential trading opportunities by analyzing the relationship between price movements and volume activity.

Parameters

The following parameters can be configured for the Alpha#30 worker:

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

Usage

To use the Alpha#30 worker, follow these steps:

1. Prepare your price data with closing prices and volume data.
2. Configure the parameters: dataExp, close, and volume.
3. Run the worker to calculate the Alpha#30 indicator.

Visual Guide

For a visual guide on how to use the Alpha#30 worker, see the following GIFs:

Reference

For more information on the 101 Formulaic Alphas, see the publication by Zura Kakushadze:

101 Formulaic Alphas