Alpha#80
Type:
alpha_80• Category:indicators
Description
Alpha#80 - negative power of sign and ts_rank.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
open | string | select the column with opening prices | no | |
high | string | select the column with highest prices | no | |
volume | string | select the column with volume | no |
Help
Alpha#80
Description
Alpha#80 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates a negative power of sign and ts_rank.
What does this worker do?
This worker calculates the Alpha#80 indicator using the provided price data. It takes into account the opening prices, highest prices, and volume.
How to interpret the results
The results of this indicator can be used to inform investment decisions. A higher value may indicate a stronger signal, while a lower value may indicate a weaker signal. The interpretation of the results depends on the specific investment strategy and goals.
Parameters
The following parameters are required to calculate the Alpha#80 indicator:
- dataExp: price data
- Type: DataFrame
- Description: Price data used to calculate the indicator
- open: select the column with opening prices
- Type: String
- Description: Column name with opening prices
- high: select the column with highest prices
- Type: String
- Description: Column name with highest prices
- volume: select the column with volume
- Type: String
- Description: Column name with volume
Usage
To use this indicator, simply provide the required parameters and run the worker. The output will be the calculated Alpha#80 indicator.
Visual Guide
For a step-by-step guide on how to use this indicator, please refer to the following GIFs:
Publication
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: