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kestrel.markets

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A typed, token-efficient language + runtime for agentic trading: agents author bounded plans, the runtime fires them at the tick. CLI + typed library + MCP server.

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/** * # series/state — the canonical market state per signal instrument (RUNTIME §2) * * One causal coordinate per signal instrument: `spot`, `hod`/`lod` (+ their timestamps), * the **opening range**, `vwap`, `prior_close`, and the session **phase**. It is updated * **only** from bus events via {@link CanonicalState.applyEvent} — the single ingress — * and every derived series (the window metrics, the provider) reads back through it; * nothing is recomputed per consumer (RUNTIME §2). State at event *N* is a pure function * of events `≤ N` (no look-ahead, RUNTIME §0/§7). * * ## VWAP — time-weighted (documented choice) * The v1 bus `SpotPayload` is `{ instrument, px }` — it carries **no volume**. VWAP is * therefore **time-weighted**: each price is weighted by the time it prevailed, so * `vwap = Σ pxᵢ·dtᵢ / Σ dtᵢ` where `dtᵢ` is the interval price *i* was the standing quote * (the left-price of each interval). This is the honest reduction the data supports; the * accumulator is generic over the weight, so a future volume-bearing SPOT specializes to * true volume-weighting with no change to callers. Before the second tick there is no * elapsed interval, so vwap reads the first spot (a degenerate single-sample average). * * ## prior_close — injected, not on the v1 META * `prior_close` is a *cross-session* fact and the v1 `MetaPayload` * (`session_date/instruments/mode/bus_schema`) does not carry it. It is injected via * {@link CanonicalStateConfig.priorClose} at construction. Absent that, `prior_close` * reads UNKNOWN and any statement referencing it de-arms cleanly (fail-closed, RUNTIME §8). * * ## Opening range — first N minutes * The opening range is the high/low of spot over the first `openingRangeMinutes` (default * 5) of the session, anchored at the **first SPOT tick's ts** (the session's first observed * price). It reads UNKNOWN until that first tick; once the window elapses it is frozen. * * ## Inclusive vs exclusive levels — the pane/trigger split (RUNTIME §2) * `hod`/`lod` (and `or_high`/`or_low` while the range is still forming) come in **two * flavours**. The plain getters (`hod`, `lod`, `orHigh`, `orLow`) are **inclusive** of the * current sample — the true running extreme a pane/frame should display. The **`*Trigger`** * getters (`hodTrigger`, …) are **exclusive** of the current sample: the value as it stood * **before** this event's spot was folded in. Trigger evaluation reads the exclusive flavour * so `spot crosses above hod` can actually fire — a fresh high IS a cross above the prior * high (the trader idiom). With the inclusive value the current spot is already baked into * `hod`, so `spot > hod` is never true and the cross can never fire. The exclusive value is * captured at the top of {@link CanonicalState.onSpot}, before the extreme is updated; a * non-SPOT event leaves it untouched (there is no new sample to be exclusive of). */ import type { BusEvent, SessionPhase } from "../bus/index.ts"; import { type Unknown } from "./types.ts"; import { WindowEngine, type WindowConfig } from "./windows.ts"; /** A `(value, ts)` reading — a level with the injected timestamp it was set at. */ export interface Stamped { readonly value: number; readonly ts: number; } export interface CanonicalStateConfig { /** The signal instrument this state tracks. Only SPOT ticks for this symbol drive it. */ readonly instrument: string; /** Prior session's close (cross-session; not on the v1 META). UNKNOWN if omitted. */ readonly priorClose?: number; /** Opening-range span in minutes (default 5). */ readonly openingRangeMinutes?: number; /** Window-engine configuration (baseline capacity, warmup floor, sample cap). */ readonly windows?: WindowConfig; } export declare class CanonicalState { readonly instrument: string; readonly windows: WindowEngine; private readonly orMs; private readonly priorCloseVal; private spotVal; private spotTs; private hodVal; private lodVal; private hodExclVal; private lodExclVal; private orHiExclVal; private orLoExclVal; private orAnchorTs; private orHi; private orLo; private vwapNum; private vwapDen; private lastPx; private lastPxTs; private phaseVal; constructor(cfg: CanonicalStateConfig); /** The single ingress. Applies a bus event to the canonical state — SPOT (this * instrument) drives price/level/vwap/windows; HEARTBEAT carries the session phase; all * other streams are ignored here (they are handled by other modules). Idempotent-safe on * unrelated events. */ applyEvent(ev: BusEvent): void; private onSpot; get spot(): number | Unknown; get spotStamp(): Stamped | Unknown; get hod(): number | Unknown; get hodStamp(): Stamped | Unknown; get lod(): number | Unknown; get lodStamp(): Stamped | Unknown; /** `hod` as it stood before this event's spot — so a fresh high is a cross above it. */ get hodTrigger(): number | Unknown; /** `lod` as it stood before this event's spot — so a fresh low is a cross below it. */ get lodTrigger(): number | Unknown; /** `or_high` exclusive of the current sample while the range forms; the frozen level after. */ get orHighTrigger(): number | Unknown; /** `or_low` exclusive of the current sample while the range forms; the frozen level after. */ get orLowTrigger(): number | Unknown; get priorClose(): number | Unknown; get orHigh(): number | Unknown; get orLow(): number | Unknown; get phase(): SessionPhase | Unknown; /** Time-weighted VWAP (see file header). UNKNOWN before the first spot; the first spot's * price until an interval accrues; the weighted average thereafter. */ get vwap(): number | Unknown; reset(): void; } //# sourceMappingURL=state.d.ts.map