Stochastic Momentum Index Blau_SMI – indicator MetaTrader 5

Stochastic Momentum Index Blau_SMI
Author: Andrey N. Bolkonsky Stochastic Momentum Index (SMI) by William Blau is based on Stochastic Momentum Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). Stochatic Momentum Index is normalized (to half of q-period price range) and mapped into the [–100,+100] interval. The values of SMI is interpreted as overbought … Read more