Alpha#51
Type:
alpha_51• Category:indicators
Description
Alpha#51 - conditional acceleration with threshold.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no |
Help
Alpha#51
Description
Alpha#51 is a worker indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates conditional acceleration with a threshold.
What does this worker do?
The Alpha#51 worker calculates a conditional acceleration metric with a threshold, providing insight into the price movement of a security. This indicator can be used to identify potential trading opportunities.
How to interpret the results
The results of the Alpha#51 worker can be interpreted as follows:
- A positive value indicates that the price is accelerating above the threshold.
- A negative value indicates that the price is decelerating or below the threshold.
Parameters
The following parameters are required for the Alpha#51 worker:
Parameters List
| Parameter | Type | Description |
|---|---|---|
| dataExp | DataFrame | Price data |
| close | string | Select the column with closing prices |
Usage
To use the Alpha#51 worker, simply pass in the required parameters. The worker will calculate the conditional acceleration with a threshold and return the results.
Visualizing the Indicator
The following images demonstrate how to use the Alpha#51 worker:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: