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When you consider he is doing this by hand. the divide by 10 and multiply
are just shifting the decimal point Which is probably the reason he picked a
10 period.
----- Original Message -----
From: "carrslem" <carrslem@xxxxxxx>
To: "John Blucar" <blucar@xxxxxxxxxxxxxxxx>
Cc: <omega-list@xxxxxxxxxx>
Sent: Tuesday, September 02, 2003 3:10 PM
Subject: Re: Pit Bull Moving Average
> 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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