Alpha#90
Type:
alpha_90• Category:indicators
Description
Alpha#90 - negative power of rank and ts_rank.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
close | string | select the column with closing prices | no | |
volume | string | select the column with volume | no | |
low | string | select the column with lowest prices | no |
Help
Alpha#90
Description
Alpha#90 is an indicator from Alpha 101, a set of formulaic alphas used in investing strategies. This indicator calculates a negative power of rank and ts_rank.
What does this worker do?
This worker calculates the Alpha#90 indicator using the provided price data. It takes into account the closing prices, volume, and lowest prices to generate a signal.
How to interpret the results
The Alpha#90 indicator generates a value that can be used to inform investment decisions. A negative value indicates a potential buying opportunity, while a positive value indicates a potential selling opportunity.
Parameters
The following parameters are required to calculate the Alpha#90 indicator:
- dataExp:
price data- The price data used to calculate the indicator. - close:
column- The column with closing prices. - volume:
column- The column with volume data. - low:
column- The column with lowest prices.
Usage
To use this indicator, simply provide the required parameters and run the worker. The resulting value can be used to inform investment decisions.
Visualizing the Indicator
The following GIFs demonstrate how to use the Alpha#90 indicator:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: