[amibroker] Nasdaq % Model

["Antonio" <daunbailoo@xxxxxxxxxxx>]

Hello everybody, I have read of this model in various sites and was
tempted to code it in AFL.

You can find it on tradingmarkets.com

The following is the code description:


Model Name: Nasdaq % Model

This is a straightforward stop-and-reverse system, based solely on the
momentum of the Nasdaq Composite. If the index is in a downtrend, wait
for the index to reverse to the upside. Go long on any Nasdaq
Composite close that is up 7.9% or more from the lowest close. Exit
the long position and go short if the index reverses to the downside
and closes 7.9% or more from the highest close since beginning your
long position. 


Antonio