Alpha#84
Type:
alpha_84• Category:indicators
Description
Alpha#84 - signed power of ts_rank and delta.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
vwap | string | select the column with VWAP | no | |
close | string | select the column with closing prices | no |
Help
Alpha#84
Description
Alpha#84 is an indicator from Alpha 101, a set of formulaic alphas developed for investing strategies. This indicator calculates the signed power of ts_rank and delta.
What does this worker do?
This worker calculates the Alpha#84 indicator, which combines the time series rank (ts_rank) and delta of a given data series. The result is a value that can be used to inform investment decisions.
How to interpret the results
The Alpha#84 indicator returns a value that represents the signed power of ts_rank and delta. A positive value indicates a bullish signal, while a negative value indicates a bearish signal. The magnitude of the value represents the strength of the signal.
Parameters
The following parameters are required to calculate the Alpha#84 indicator:
- dataExp (
price data): The price data used to calculate the indicator. - vwap (
column): The column with Volume Weighted Average Price (VWAP) data. - close (
column): The column with closing prices.
Usage
To use this indicator, simply provide the required parameters and the worker will calculate the Alpha#84 value. For a visual guide on how to use this indicator, see the following GIFs:
Reference
For more information on the Alpha 101 project and the 101 Formulaic Alphas, see the publication by Zura Kakushadze:
- 101 Formulaic Alphas by Zura Kakushadze
Note that this indicator is part of a larger set of formulaic alphas developed for investing strategies. For more information on how to use these indicators, please consult the relevant documentation and research papers.