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[EquisMetaStock Group] Exit signal at 8%



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Can any one tell me how to code to achieve the following :
 
Today's close is less than last highest close by 8%.
eg.
 
Day-1 Close = 80
Day-2 Close = 95
Day-3 Close = 100
Day-4 Close = 95
Day-5 Close = 98
Day-6 Close = 90  (Want to Sell Here since the close is more than 8% less than Day 3)
 
 
Thanks
 
AK


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