Alpha#71

Type: alpha_71 • Category: indicators

Description

Alpha#71 - max of ts_rank decays.

Parameters

Name	Type	Description	Required	Default
dataExp	string	price data	no
close	string	select the column with closing prices	no
volume	string	select the column with volume	no
low	string	select the column with lowest prices	no
open	string	select the column with opening prices	no
vwap	string	select the column with VWAP	no

Help

Alpha#71

Description

Alpha#71 is an indicator from Alpha 101, a set of formulaic alphas developed for investing strategies. This indicator calculates the maximum of ts_rank decays.

What does this worker do?

This worker calculates the maximum of ts_rank decays based on the provided price data. It uses various columns from the price data, including closing prices, volume, lowest prices, opening prices, and VWAP.

How to interpret the results

The results of this indicator can be used to identify potential trading opportunities. A higher value indicates a stronger signal. However, the interpretation of the results depends on the specific investment strategy and market conditions.

Parameters

The following parameters are required:

• dataExp: pandas.DataFrame
  • Description: Price data
• close: str
  • Description: Column name with closing prices
• volume: str
  • Description: Column name with volume
• low: str
  • Description: Column name with lowest prices
• open: str
  • Description: Column name with opening prices
• vwap: str
  • Description: Column name with VWAP

Usage

To use this indicator, simply provide 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. You can find the paper on arXiv.