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Re: [RT] (no subject)



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It uses double exponential average smoothing.

{SMI function}
Inputs: q(numericsimple),r(numericsimple),s(numericsimple);
value1=DXAverage(c-0.5*(Highest(H,q)+Lowest(L,q)r,s);
value2= 0.5*DXAverage(highest(H,q)-Lowest(L,q),r,s);
If Value2<>0 then
Value3=100*value1/value2
else
value3=0;
SMI=value3;

{DXAverage smoothing function}
Inputs:  price(numericseries),r(numericsimple),s(numericsimple);
DXAverage=xaverage(xaverage(price,r),s);

{SMI indicator}
Inputs:  q(5),r(3),s(3),Zero(0),Len1(3);

value1=SMI(q,r,s);
value2=Average(value1,len1);

plot1(value1,"SMI");
plot2(0,"0");
plott3(value2,"SMIA");


----- Original Message -----
From: "mtg1022" <mtg1022@xxxxxxxxxxxxx>
To: "BobR" <bobrabcd@xxxxxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, April 17, 2002 3:07 PM
Subject: Re: [RT] (no subject)


> thanks Bob i don't have that book so can you tell us how it differs from
the
> basic ole plain stochastic??
>
> BobR wrote:
>
> > Stochastic Momentum is most likely Bill Blau's SMI.  from his book
> > "Direction Momentum Divergence".
> >
> > ----- Original Message -----
> > From: "mtg1022" <mtg1022@xxxxxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Wednesday, April 17, 2002 2:53 PM
> > Subject: [RT] (no subject)
> >
> > > didn't attach a chart sorry
> > >
> > >
> > > To unsubscribe from this group, send an email to:
> > > realtraders-unsubscribe@xxxxxxxxxxxxxxx
> > >
> > >
> > >
> > > Your use of Yahoo! Groups is subject to
http://docs.yahoo.com/info/terms/
> > >
> > >
> >
>
> --------------------------------------------------------------------------
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> > ----
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