Disclaimer
Analysis Techniques & Strategies
The P/E UndVal LX strategy is used for long exits and sells when the P/E crosses from below its average value to above its average value or when the P/E can no longer be properly calculated because earnings are zero or negative.
| 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. |
Long exit that is triggered after the P/E of a specified earnings field crosses over the average P/E or when the P/E can no longer be properly calculated because earnings are zero or negative. P/E is calculated using current closing price and trailing twelve month (TTM) earnings per share.
Order Name: PEUndLX
Related Strategy: P/E UndVal LE