Alpha#98
Type:
alpha_98• Category:indicators
Description
Alpha#98 - difference of rank decays.
Parameters
| Name | Type | Description | Required | Default |
|---|---|---|---|---|
dataExp | string | price data | no | |
vwap | string | select the column with VWAP | no | |
volume | string | select the column with volume | no | |
open | string | select the column with opening prices | no |
Help
Alpha#98
Description
Alpha#98 is an indicator from Alpha 101, a set of formulaic alphas developed by Zura Kakushadze. This indicator calculates the difference of rank decays.
What does this worker do?
This worker calculates the Alpha#98 indicator, which is a measure of the difference in rank decays. It uses price data, VWAP, volume, and opening prices to compute the indicator.
How to interpret the results
The Alpha#98 indicator can be used to identify potential trading opportunities. A higher value indicates a greater difference in rank decays, which may be a signal for a trading strategy.
Parameters
The following parameters are required to compute the Alpha#98 indicator:
- dataExp: pandas.DataFrame
- Description: Price data
- vwap: str
- Description: Select the column with VWAP
- volume: str
- Description: Select the column with volume
- open: str
- Description: Select the column with opening prices
Usage
To use this indicator, simply provide the required parameters. You can refer to the following GIFs for a step-by-step guide:
Reference
For more information on the 101 Formulaic Alphas, please refer to the publication by Zura Kakushadze: