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Huh??? This is nothing more than your standard moving average. When you
multiply yesterday's MA by 10, you simply recreate the sum of the previous
10 days. Then you add the new day and subtract the day 10 days back.
Presto, you now have the sum of the most recent ten days!
Carroll Slemaker
----- Original Message -----
From: "John Blucar" <blucar@xxxxxxxxxxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Monday, September 01, 2003 8:51 AM
Subject: Pit Bull Moving Average
> Has anyone ever coded into an .ela or .els Marty Schwartz's Pit Bull
Moving Average?
> If so I'd like to get a copy.
>
>
> The description is as follows. It appears pretty simple really. By the way
Schwartz's book is a great read.
>
> Schwartz calculates the 10-day moving average by hand every day
(according to the book) by taking the last 10 days of the current SP500
future price and dividing by 10. You keep a running chart of it by taking
the current 10 Day "Pit Bull" number that you calculated yesterday,
multiplying it by 10, then adding today's closing SP500 futures price to
that figure. You then count back 10 days starting with yesterdays SP500
close and subtract that number from the total. You then divide that figure
by 10 and round up or down to the nearest10 Now you have the 10 Day "Pit
Bull " moving average for today's trading action.
>
> John
>
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