Alpha#39
Type:
alpha_39• Category:indicators
Description
Alpha#39 - delta and decay indicator.
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 | |
returns | string | List of returns | no |
Help
Alpha#39
Description
Alpha#39 is a delta and decay indicator used in investing strategies, specifically one of the 101 Formulaic Alphas. This indicator helps analyze price movements and identify potential trading opportunities.
What does this worker do?
The Alpha#39 worker calculates a delta and decay indicator based on the provided price data, closing prices, volume, and returns. It generates a signal that can be used to inform investment decisions.
How to interpret the results
The results of the Alpha#39 worker can be interpreted as a signal to buy or sell a security. A positive signal indicates a potential buying opportunity, while a negative signal indicates a potential selling opportunity.
Parameters
The following parameters are required to use the Alpha#39 worker:
- dataExp: price data
- Description: The price data used to calculate the indicator.
- close: column with closing prices
- Description: The column containing the closing prices of the security.
- volume: column with volume
- Description: The column containing the trading volume of the security.
- returns: List of returns
- Description: A list of returns used to calculate the indicator.
Usage
For a visual guide on how to use the Alpha#39 worker, please refer to the following GIFs:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: