Fundamental to Avg Fundamental (Indicator)
DisclaimerInput Information
| Name | Expression | Default | Description |
| FundamentalField | String | "PEEXCLXOR" | Name of fundamental field to be averaged. |
| ListOfSymbolsForAvgCalc | String | "AA,BA,CAT, DD,GE,HON,MMM, ROK,UTX,X" |
List of symbols for which the fundamental field values will be averaged. |
| HarmonicMeanOrSimpAvg_0_or_1 | Numeric | 0 | Sets the type of average to calculate. (0=harmonic mean, non-0=simple average.) |
Market Synopsis
The Fundamental to Avg Fundamental grid indicator gets the value of a user-specified fundamental field for the current symbol, determines the average value of the same fundamental field for a list of symbols, and calculates the ratio between the symbol value and average symbol list value.
By default, the indicator gets position information from all accounts. Use the AccountNumbers input to reference only specific accounts.
The Fundamental to Avg Fundamental indicator makes use of an FundamentalQuotesProvider component to get the value of the specified fundamental field for all symbols and displays a message is no fundamental data is found for a symbol.
Plot Information
| Number | Name | Default Color | Description |
| Plot1 | SymFundVal | Default | Plots the value of the specified FundmentalField for the current symbol. |
| Plot2 | AvgFundVal | Default | Plots the average value of the FundamentalField for the symbol list. |
| Plot3 | Ratio | Default | Plots the ratio between tSymFundVal and AvgFundVal. |
| Plot4 | SymbolsInAvg | Default | Plots the symbol names included in the average. |