Skip to main content

Alpha#53

Type: alpha_53 • Category: indicators

Description​

Alpha#53 - negative delta on body ratio.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
closestringselect the column with closing pricesno
lowstringselect the column with lowest pricesno
highstringselect the column with highest pricesno

Help​

Alpha#53

Description​

Alpha#53 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates the negative delta on body ratio.

What does this worker do?​

This worker calculates the Alpha#53 indicator, which is based on the negative delta on body ratio. The indicator uses price data to calculate the ratio.

How to interpret the results​

The results of this indicator can be used to inform investment decisions. A negative delta on body ratio indicates a specific market condition. Please refer to the publication 101 Formulaic Alphas by Zura Kakushadze for more information on how to interpret the results.

Parameters​

The following parameters are required to calculate the Alpha#53 indicator:

  • dataExp: price data
    • Type: DataFrame
    • Description: Price data used to calculate the indicator
  • close: column with closing prices
    • Type: string
    • Description: Column name with closing prices
  • low: column with lowest prices
    • Type: string
    • Description: Column name with lowest prices
  • high: column with highest prices
    • Type: string
    • Description: Column name with highest prices

Usage​

To use this indicator, simply pass in the required parameters. You can refer to the following GIFs for a step-by-step guide: Full GIF Short GIF

Reference​

For more information on the Alpha 101 indicators, please refer to the publication 101 Formulaic Alphas by Zura Kakushadze.