Alpha#4
Type:
alpha_4• Category:indicators
Description
Alpha#4 - indicator based on low prices (low).
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
low | string | select the column with lowest prices | no |
Help
Alpha#4
Description
Alpha#4 is an indicator used in investing strategy, specifically one of the 101 Formulaic Alphas. This indicator is based on low prices.
What does this worker do?
The Alpha#4 worker calculates an indicator value based on the lowest prices (low) of a given price data. This indicator can be used to inform investment decisions.
How to interpret the results
The results of the Alpha#4 worker can be used to identify potential investment opportunities. A detailed explanation of how to interpret the results is provided in the publication 101 Formulaic Alphas by Zura Kakushadze.
Parameters
The following parameters are required to configure the Alpha#4 worker:
- dataExp:
- Type: price data
- Description: The price data used to calculate the indicator.
- low:
- Type: string
- Description: The column with the lowest prices.
Usage
To use the Alpha#4 worker, follow these steps:
- Provide the required parameters:
dataExpandlow. - The worker will calculate the indicator value based on the provided parameters.
Visual Guide
The following images demonstrate how to use the Alpha#4 worker:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication 101 Formulaic Alphas by Zura Kakushadze.