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Alpha#4

Type: alpha_4 • Category: indicators

Description​

Alpha#4 - an indicator based on low prices.

Parameters​

NameTypeDescriptionRequiredDefault
lowarrayList of low pricesno

Help​

Alpha#4

Description​

Alpha#4 is an indicator used in investing strategies, specifically designed based on low prices. It provides insights that can help in making informed investment decisions.

What does this worker do?​

The Alpha#4 worker calculates an indicator value based on the provided low prices. This indicator can be used to analyze market trends and make predictions about future price movements.

How to interpret the results​

The results of the Alpha#4 worker can be interpreted as a signal to buy or sell based on the indicator value. A detailed interpretation guide is not provided here, but generally, the indicator value can be used to identify trends and potential entry or exit points in the market.

Parameters​

The Alpha#4 worker requires the following parameters:

Parameters Schema (JSON)​

{
  "low": {
    "type": "array",
    "description": "List of low prices"
  }
}

Detailed Parameters​

  • low:
    • Type: array
    • Description: List of low prices. This is a required parameter for calculating the Alpha#4 indicator.
    • Example: [10.2, 11.5, 9.8, 10.5]

Usage​

To use the Alpha#4 worker, provide a list of low prices as an array in the low parameter. The worker will then calculate and return the Alpha#4 indicator value based on these prices.

Example Use Case​

{
  "low": [10.2, 11.5, 9.8, 10.5]
}

By following this documentation, users can effectively utilize the Alpha#4 worker in their investing strategies to make more informed decisions.