Alpha#68

Type: alpha_68 • Category: indicators

Description

Alpha#68 - ts_rank correlation and delta.

Parameters

Name	Type	Description	Required	Default
dataExp	string	price data	no
high	string	select the column with highest prices	no
volume	string	select the column with volume	no
close	string	select the column with closing prices	no
low	string	select the column with lowest prices	no

Help

Alpha#68

Description

Alpha#68 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates the ts_rank correlation and delta.

What does this worker do?

This worker calculates the Alpha#68 indicator, which is based on the ts_rank correlation and delta. It uses price data, high, volume, close, and low prices to compute the indicator.

How to interpret the results

The Alpha#68 indicator can be used to identify potential trading opportunities. A higher value indicates a stronger correlation and delta, while a lower value indicates a weaker correlation and delta.

Parameters

The following parameters are required:

• dataExp: pandas.DataFrame
  • Description: Price data
• high: str
  • Description: Column name with highest prices
• volume: str
  • Description: Column name with volume data
• close: str
  • Description: Column name with closing prices
• low: str
  • Description: Column name with lowest 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:

Reference

This indicator is based on the research paper 101 Formulaic Alphas by Zura Kakushadze.