Yes, it takes the lower of the two lows preceding the current bar. If 
you want specifically the low of two bars ago, just use:

Low1 = Ref(L, -2);

Mike

--- In [email protected], "alta hob" <[EMAIL PROTECTED]> wrote:
>
> Thanks for taking the time to help.  I will study the code you gave 
me.
> 
> Another question.
> 
> If I use the
> 
> Low1 = Ref(LLV(L,2),-1);
> 
> Does this take the lowest low of the last 2 bars?  If it does then 
I have
> made a mistake.  What I want to do is use the low from two bars 
ago, not the
> lowest of the last two bars as this doesn't give my trade room to 
breathe.
> 
> cheers
> 
> AH
> 
> On Fri, May 2, 2008 at 9:09 PM, Mike <[EMAIL PROTECTED]> wrote:
> 
> >   For these types of problems, it often helps to break up the
> > conditions for easier understanding.
> >
> > Using your example, what about something like:
> >
> > Low1 = Ref(LLV(L,2),-1);
> > Low2 = ValueWhen(Buy,Ref(L,-1)-0.01);
> >
> > Sell = L < Low1 OR L < Low2;
> >
> > SellPrice = IIF(L < Low1,
> > IIF(L < Low2,
> > max(Low1, Low2),
> > Low1),
> > IIF(L < Low2,
> > Low2,
> > 0)
> > );
> >
> > I'm assuming that if both conditions are met, then the one that
> > happened first (i.e. the higher price point) would be the selling
> > price.
> >
> > Mike
> >
> >
> > --- In [email protected] <amibroker%
40yahoogroups.com>, "alta hob"
> > <altahob@> wrote:
> > >
> > > Hi
> > >
> > >
> > > I am trying to do something similar but need my sellprice to
> > execute at the
> > > point the sell criteria below is hit
> > >
> > > Sell = L < Ref(LLV(L,2),-1) OR L<ValueWhen(Buy,Ref(L,-1)-0.01);
> > >
> > > Can someone please show me how to add the sellprice code to 
this?
> > >
> > >
> > > thanks
> > >
> > >
> > > On Sat, Apr 26, 2008 at 12:03 AM, safetrading <safetrading@>
> > wrote:
> > >
> > > > Thanks Graham;
> > > >
> > > > That was exactly what I needed. I use Valuewhen all the time, 
for
> > > > some reason I just drew a blank on this. I think the "buy"
> > variable
> > > > threw me, as I have never really done anything with it except 
put
> > my
> > > > formula there.
> > > >
> > > > Anyways, thanks very much.
> > > >
> > > > Safetrading
> > > >
> > > >
> > > > --- In [email protected] <amibroker%
40yahoogroups.com><amibroker%
> > 40yahoogroups.com>,
> > Graham
> > > > <kavemanperth@> wrote:
> > > > >
> > > > > Valuewhen is useful for this
> > > > > I assume you are entering on same bar as buuy signal. This 
line
> > > > gives
> > > > > you the low of the bar before buy signal
> > > > >
> > > > > sell=L<valuewhen(buy,ref(l,-1)-0.01);
> > > > >
> > > > >
> > > > >
> > > > > --
> > > > > Cheers
> > > > > Graham Kav
> > > > > AFL Writing Service
> > > > > http://www.aflwriting.com
> > > > >
> > > > >
> > > > >
> > > > > 2008/4/26 safetrading <safetrading@>:
> > > >
> > > > > > This is probably easy for most of you, but I just can't 
seem
> > to
> > > > > > figure this out.
> > > > > >
> > > > > > I'm using one tick above the high of the previous day for 
an
> > > > entry
> > > > > > point and trying to create an exit rule where for a long
> > > > position,
> > > > > > the exit would be one tick below the low of the day prior 
to
> > the
> > > > > > entry day ( the same days where I got my entry point from)
> > > > until a
> > > > > > low exists that is above the high of my entry point, at 
which
> > > > time
> > > > > > the exit would then become one tick below that low and
> > continue
> > > > to
> > > > > > follow the trade like this; sell=L<ref(l,-1)-0.01;
> > > > > >
> > > > > > So what I need to do is label and hang on to the "one tick
> > > > below"
> > > > > > the low of the day prior to entering. I believe I need to 
use
> > > > the
> > > > > > Hold function, but am not sure how to identify the price
> > point I
> > > > > > need.
> > > > > >
> > > > > > Any suggestions would be appreciated.
> > > > > >
> > > > > > Thanks,
> > > > > >
> > > > > > Safetrading
> > > > > >
> > > > > >
> > > > > >
> > > > > >
> > > > > > ------------------------------------
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