Analysis Techniques & Strategies
The Fundamntl RSI LE strategy is used for long entries and first determines if the fundamental setup conditions are met, then buys when the RSI crosses over the RSI oversold level.
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 |
RSILength | Numeric | 14 | Sets the number of bars used to calculate the RSI. |
OverSold | Numeric | 30 | Sets the RSI oversold level. |
Long entry based on meeting the specified momentum or acceleration setup condition. Once met, a buy order will be triggered when the RSI value crosses over the specified RSI oversold level. For more information on the fundamental setup, refer to the FundSetup function.
Order Name: FundRSILE
Related Strategy: Fundamntl & RSI LX
Related Function(s): FundSetup