Fundamntl & MACD LE (Strategy)
DisclaimerThe Fundamntl MACD LE strategy is used for long entries and first determines if the fundamental setup conditions are met, then buys when the MACD difference value crosses over zero.
Input Information
| Name | Type | Default | Description |
| FundField | String | SDBF | Specifies the short name of the fundamental data to read. |
| MomOrAccel_Oor1 | Numeric | 0 | Sets whether to base the setup conditions on momentum or acceleration. 0 = momentum, 1 = acceleration |
| FastMACDLength | Numeric | 12 | Sets the number of bars for the fast MACD. |
| SlowMACDLength | Numeric | 26 | Sets the number of bars for the slow MACD. |
| MACDAvgLength | Numeric | 9 | Sets number of bars to use for averaging the MACD value. |
Usage
Long entry based on meeting the specified momentum or acceleration setup condition. Once met, a buy order will be triggered when the MACD difference (MACD - MACDAverage) value crosses over zero. For more information on the fundamental setup, refer to the FundSetup function.
Remarks
Order Name: FundMACDLE
Related Strategy: Fundamntl & MACD LX
Related Function(s): FundSetup