I posted on this earlier and yes one more component today will
turn the system (we currently have 8 and need 9) but the prices on
the website are correct. The mistake in your calculations is
that your looking back the last 5 (or 8) days but your forgetting
to factor in today's trading so you have to drop one of those 30's
and bring in another 26.6667. This would take the calculation
to 140.01 and thus 28.00002 or 28 which the website is rounding
to. I am assuming the same edit will fix your 8 day calc, but
again we agree on the one more competent factor.
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8899, I posted on this earlier
moving averages for $BPGDM
Posted by tom on 30th of Sep 2011 at 01:26 pm
8899,
I posted on this earlier and yes one more component today will turn the system (we currently have 8 and need 9) but the prices on the website are correct. The mistake in your calculations is that your looking back the last 5 (or 8) days but your forgetting to factor in today's trading so you have to drop one of those 30's and bring in another 26.6667. This would take the calculation to 140.01 and thus 28.00002 or 28 which the website is rounding to. I am assuming the same edit will fix your 8 day calc, but again we agree on the one more competent factor.