quantstrat (version 0.8.2)

sigThreshold: generate a threshold signal

Description

Many strategies, including RSI or MACD styles, make trading decisions when an indicator is over or under a specific threshold. This function generates the appropriate signal based on such a threshold.

Usage

sigThreshold(label, data = mktdata, column, threshold = 0, relationship = c("gt", "lt", "eq", "gte", "lte"), cross = FALSE)

Arguments

label
text label to apply to the output
data
data to apply comparison to
column
named column to apply comparison to
threshold
numeric threshold to test for
relationship
one of c("gt","lt","eq","gte","lte") or reasonable alternatives
cross
if TRUE, will return TRUE only for the first observation to cross the threshold in a run