Alpha#9
Type:
alpha_9• Category:indicators
Description
Alpha#9 - indicator based on minimum and maximum changes in closing price.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no |
Help
Alpha#9
Description
Alpha#9 is an indicator used in investing strategy, specifically in the 101 Formulaic Alphas. This indicator is based on minimum and maximum changes in closing price.
What does this worker do?
This worker calculates the Alpha#9 indicator value based on the provided price data and closing prices.
How to interpret the results
The Alpha#9 indicator value can be used to inform investment decisions. A higher value may indicate a stronger trend, while a lower value may indicate a weaker trend.
Parameters
The following parameters are required to calculate the Alpha#9 indicator:
- dataExp:
price data- Type: DataFrame
- Description: Price data
- close:
str- Type: String
- Description: Select the column with closing prices
Usage
To use this indicator, simply provide the required parameters and run the worker. The resulting indicator value can be used in your investment strategy.
Visual Guide
For a visual guide on how to use this indicator, please see the following GIFs:
Reference
This indicator is based on the research paper 101 Formulaic Alphas by Zura Kakushadze. For more information on the underlying methodology, please refer to the paper.