Alpha#36
Type:
alpha_36• Category:indicators
Description
Alpha#36 - highly complex correlation indicator.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
open | string | select the column with opening prices | no | |
volume | string | select the column with volume | no | |
returns | string | List of returns | no | |
vwap | string | select the column with VWAP | no |
Help
Alpha#36
Description
Alpha#36 is a highly complex correlation indicator used in investing strategies, specifically in the 101 Formulaic Alphas.
What does this worker do?
This worker calculates the Alpha#36 indicator, which is a sophisticated correlation indicator used to analyze market trends and make informed investment decisions.
How to interpret the results
The results of the Alpha#36 indicator can be used to identify complex correlations in market data, allowing investors to make more informed decisions. A detailed understanding of the indicator's output and its implications is required to effectively interpret the results.
Parameters
The following parameters are required to calculate the Alpha#36 indicator:
- dataExp: price data
- Description: The price data used to calculate the indicator.
- close: column with closing prices
- Description: The column containing the closing prices.
- open: column with opening prices
- Description: The column containing the opening prices.
- volume: column with volume
- Description: The column containing the trading volume.
- returns: List of returns
- Description: A list of returns used in the calculation.
- vwap: column with VWAP
- Description: The column containing the Volume-Weighted Average Price (VWAP).
Usage
For a visual guide on how to use the Alpha#36 indicator, please refer to the following GIFs:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: