Alpha#76
Type:
alpha_76• Category:indicators
Description
Alpha#76 - negative max of decays.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
vwap | string | select the column with VWAP | no | |
low | string | select the column with lowest prices | no | |
volume | string | select the column with volume | no |
Help
Alpha#76
Description
Alpha#76 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates the negative maximum of decays.
What does this worker do?
This worker calculates the negative maximum of decays based on the provided price data, VWAP, lowest prices, and volume.
How to interpret the results
The results of this indicator can be used to identify potential trading opportunities. A higher value indicates a greater negative maximum decay, which may be a signal for a trading strategy.
Parameters
The following parameters are required to use this indicator:
- dataExp: pandas.DataFrame
- Description: Price data
- vwap: str
- Description: Select the column with VWAP (Volume Weighted Average Price)
- low: str
- Description: Select the column with lowest prices
- volume: str
- Description: Select the column with volume
Usage
For a visual guide on how to use this indicator, please refer to the following GIFs:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze:
[101 Formulaic Alphas](https://arxiv.org/pdf/1601.00991.pdf)