Thank-you Lester for your time answering, I may agree with you, but I still think it's worth backtesting.
The only problem is how to code the system rules.... Bye Antonio --- In [email protected], "Lester Vanhoff" <[EMAIL PROTECTED]> wrote: > > 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 [email protected], "Antonio" <daunbailoo@> 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 > > > ------------------------ Yahoo! Groups Sponsor --------------------~--> Is your company a good corporate citizen? VolunteerMatch makes it easy to help. http://us.click.yahoo.com/_MNZMC/IPaOAA/cosFAA/GHeqlB/TM --------------------------------------------------------------------~-> Please note that this group is for discussion between users only. To get support from AmiBroker please send an e-mail directly to SUPPORT {at} amibroker.com For other support material please check also: http://www.amibroker.com/support.html Yahoo! Groups Links <*> To visit your group on the web, go to: http://groups.yahoo.com/group/amibroker/ <*> To unsubscribe from this group, send an email to: [EMAIL PROTECTED] <*> Your use of Yahoo! Groups is subject to: http://docs.yahoo.com/info/terms/
