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Alpha#94

Type: alpha_94 • Category: indicators

Description​

Alpha#94 - negative power of rank and ts_rank.

Parameters​

NameTypeDescriptionRequiredDefault
dataExpstringprice datano
vwapstringselect the column with VWAPno
volumestringselect the column with volumeno

Help​

Alpha#94

Description​

Alpha#94 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#94 indicator using the provided price data, VWAP, and volume. The indicator is designed to provide insight into the market trends and patterns.

How to interpret the results?​

The results of the Alpha#94 indicator can be used to identify potential trading opportunities. A negative power of rank and ts_rank can indicate a change in market trends or a shift in investor sentiment.

Parameters​

The following parameters are required to calculate the Alpha#94 indicator:

  • dataExp: price data
    • Type: pandas.DataFrame
    • Description: Price data used to calculate the indicator
  • vwap: select the column with VWAP
    • Type: string
    • Description: Column name with Volume Weighted Average Price (VWAP) data
  • volume: select the column with volume
    • Type: string
    • Description: Column name with volume data

Usage​

To use this worker, simply provide the required parameters and run the calculation. The resulting indicator values can be used in your investing strategy.

Visualizing the Indicator​

The following images demonstrate how to use the Alpha#94 indicator: Full GIF Short GIF

Reference​

For more information on the Alpha 101 indicators, please refer to the publication:

This publication provides a comprehensive overview of the 101 formulaic alphas, including the Alpha#94 indicator.