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/?$BPGDM (including 63.33 for today) I
get 63.33 as 8 day moving average so the system would NOT show a
buy signal today. Please clarify.
GDX Swing System
Posted by psiegert on 31st of Mar 2011 at 02:36 pm
Guys,
I don't understand the 8 day moving average shown on http://breakpointtrades.com/market_lab/index.php/systems/gdx/. It says the 8d MA is 62.92 however when I calculate the 8d MA from http://stockcharts.com/h-hd/?$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