Alpha#63
Type:
alpha_63• Category:indicators
Description
Alpha#63 - neutralized decay differences.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
vwap | string | select the column with VWAP | no | |
open | string | select the column with opening prices | no | |
volume | string | select the column with volume | no |
Help
Alpha#63: Neutralized Decay Differences
Description
Alpha#63 is an indicator from Alpha 101, a set of formulaic alphas developed for investing strategies. This indicator calculates neutralized decay differences.
What does this worker do?
The Alpha#63 worker calculates a specific alpha factor that aims to capture the neutralized decay differences in price movements. This indicator can be used to identify potential trading opportunities.
How to interpret the results
The results of the Alpha#63 worker can be interpreted as a signal of potential price movement. A positive value indicates a potential buying opportunity, while a negative value indicates a potential selling opportunity.
Parameters
The following parameters are required to run the Alpha#63 worker:
- dataExp:
pandas.DataFrame- Description: Price data
- close:
str- Description: Select the column with closing prices
- vwap:
str- Description: Select the column with VWAP (Volume-Weighted Average Price)
- open:
str- Description: Select the column with opening prices
- volume:
str- Description: Select the column with volume
Usage
To use the Alpha#63 worker, simply provide the required parameters and run the worker. The output will be a pandas DataFrame with the calculated alpha values.
Visualizing the Indicator
The following GIFs demonstrate how to use the Alpha#63 worker:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze:
- 101 Formulaic Alphas by Zura Kakushadze