GDX Swing System

    Posted by psiegert on 31st of Mar 2011 at 02:36 pm

    Guys,


    I don't understand the 8 day moving average shown on http://breakpointtrades.com/market_lab/index.php/systems/gdx/. It says the 8d MA is 62.92 however when I calculate the 8d MA from http://stockcharts.com/h-hd/?$BPGDM (including 63.33 for today) I get 63.33 as 8 day moving average so the system would NOT show a buy signal today. Please clarify.

    psiegert - today the 8

    Posted by matt on 31st of Mar 2011 at 02:47 pm

    psiegert - today the 8 day MA is 63.3333%.   The BPGDM increased from 60% to 63.3333%, therefore the two (BPGDM and 8 day MA) are now equal

    Ok, thanks Matt!

    Posted by psiegert on 31st of Mar 2011 at 02:50 pm

    Ok, thanks Matt!

    So the BPT page just

    Posted by frtaylor on 31st of Mar 2011 at 02:48 pm

    So the BPT page just hasn't updated yet? It says the 8 day is 62.92.

    yes the 8 day MA

    Posted by matt on 31st of Mar 2011 at 02:49 pm

    yes the 8 day MA is not correct on that page I've mentioned it to the programmer before, only the BPGDM price is correct.

    However you can calculate the 8 day MA  BPGDM yourself however, take the last 8 days, including today

    http://stockcharts.com/h-hd/?$BPGDM

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