Disclaimer
Analysis Techniques & Strategies
The P/E UndVal LE strategy is used for long entries and buys when the P/E moves a user-specified percentage below its moving average.
| Name | Type | Default | Description |
| EarningsField | String | SDBF | Specifies the short name of the fundamental data to read for earnings per share. |
| AvgLength | Numeric | 12 | Sets the number of bars used to determine the average P/E. |
| PctBelow | Numeric | 10 | Sets the percentage below the average P/E. |
Long entry that is triggered after the P/E of a specified earnings field moves a user-specified percentage below its moving average. P/E is calculated using current closing price and trailing twelve month (TTM) earnings per share.
Order Name: PEUndLE
Related Strategy: P/E UndVal LX