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.
|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