|
PureBytes Links
Trading Reference Links
|
Blau wrote in Chapter 9 about using Stochastic Momentum Index (SMI) for
directional trending. The indicator "SMI_Trade" appears to be a cross
between the SMI and a Binary Wave. The indicator rises while closes are
rising and then drops to "0" when the closes are falling or going sideways.
The reverse happens for falling closes below "0".
Has anyone transcribed the TS code into MS or has anyone used SMI as a BW?
Best regards
Walter
|