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Analysis Techniques & Strategies
The P/E OverVal SE strategy is used for short entries and sells short when the P/E moves a user-specified percentage above 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. |
| PctAbove | Numeric | 10 | Sets the percentage above the average P/E. |
Short entry that is triggered after the P/E of a specified earnings field moves a user-specified percentage above its moving average. P/E is calculated using current closing price and trailing twelve month (TTM) earnings per share.
Order Name: PEOvrSE
Related Strategy: P/E OverVal SX