Alpha#77

Type: alpha_77 • Category: indicators

Description

Alpha#77 - min of decays.

Parameters

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

Help

Alpha#77

Description

Alpha#77 is an indicator from Alpha 101, a set of formulaic alphas developed for investing strategies. This indicator calculates the minimum of decays.

What does this worker do?

This worker calculates the minimum decay among the given price data, high, low, VWAP, and volume.

How to interpret the results

The results of this indicator can be used to identify potential trading opportunities. A lower decay value may indicate a stronger trend, while a higher decay value may indicate a weaker trend.

Parameters

The following parameters are required to use this indicator:

• dataExp: price data
  • Type: DataFrame
  • Description: Price data used to calculate the indicator
• high: select the column with highest prices
  • Type: String
  • Description: Column name with highest prices
• low: select the column with lowest prices
  • Type: String
  • Description: Column name with lowest prices
• vwap: select the column with VWAP
  • Type: String
  • Description: Column name with Volume Weighted Average Price (VWAP)
• volume: select the column with volume
  • Type: String
  • Description: Column name with trading volume

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

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)