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You have to be more specific. Up 7.9% or more from the lowest close in how many days?. Then use the function:
LLV(Close, 14);
where 14 means "14 periods back, including the last quote".
Give it a try, but those kind of rudimentary "trading systems" are most of the time a recipe to lose money.
Lester
--- In amibroker@xxxxxxxxxxxxxxx, "Antonio" <daunbailoo@xxx> wrote:
>
> 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
>
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