Analysis Techniques & Strategies

Fundamntl & MACD LE (Strategy)

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The Fundamntl MACD LE strategy is used for long entries and first determines if the fundamental setup conditions are met,  then buys when the MACD difference value crosses over zero.  

Input Information

Name Type Default Description
FundField String SDBF Specifies the short name of the fundamental data to read.
MomOrAccel_Oor1 Numeric 0 Sets whether to base the setup conditions on momentum or acceleration.   0 = momentum,   1 = acceleration
FastMACDLength Numeric 12 Sets the number of bars for the fast MACD.
SlowMACDLength Numeric 26 Sets the number of bars for the slow MACD.
MACDAvgLength Numeric 9 Sets number of bars to use for averaging the MACD value.

Usage

Long entry based on meeting the specified momentum or acceleration setup condition.  Once met, a buy order will be triggered when the MACD difference (MACD - MACDAverage) value crosses over zero.   For more information on the fundamental setup, refer to the FundSetup function.

Remarks

Order Name: FundMACDLE

Related Strategy:  Fundamntl & MACD LX

Related Function(s): FundSetup