Alpha#87
Type:
alpha_87• Category:indicators
Description
Alpha#87 - negative max of decays.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
vwap | string | select the column with VWAP | no | |
volume | string | select the column with volume | no |
Help
Alpha#87
Description
Alpha#87 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 Alpha#87 indicator, which is defined as the negative maximum of decays. It takes in price data and returns the calculated indicator value.
How to interpret the results
The Alpha#87 indicator can be used to identify potential trading opportunities. A higher value indicates a stronger signal.
Parameters
The following parameters are required to calculate the Alpha#87 indicator:
- dataExp: pandas.DataFrame - Price data
- close: str - Select the column with closing prices
- vwap: str - Select the column with VWAP (Volume-Weighted Average Price)
- volume: str - Select the column with 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 Alpha 101 and the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: