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Not sure where it came from or who wrote it but this is
what I have in my library.
Clyde
VAR: CPREV(C),CEARLY(C),CLATE(C),SMI(0),
T1(0),T2(0),TT(0);
IF CURRENTBAR=1 THEN BEGIN
T1=TIMETOMINUTES(SESS1STARTTIME)+60;
T2=TIMETOMINUTES(SESS1ENDTIME)-60;
END;
IF DATACOMPRESSION=1 AND BARINTERVAL<=60 THEN BEGIN
TT=TIMETOMINUTES(T);
IF TT=T1 OR (TT>T1 AND TT[1]<T1) THEN CEARLY=C;
IF TT=T2 OR (TT>T2 AND TT[1]<T2) THEN CLATE=C;
IF T=SESS1ENDTIME THEN BEGIN
SMI=(-1)*(CEARLY-CPREV)+(C-CLATE);
CPREV=C;
END;
IF D>D[1] AND T[1]<>SESS1ENDTIME THEN BEGIN
SMI=(-1)*(CEARLY-CPREV)+(C[1]-CLATE);
CPREV=C[1];
END;
END;
SMARTMONEYINDEX=SMI;
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
Houston, TX 77063 Fax: (713) 783-1092
Details at: www.theswingmachine.com
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----- Original Message -----
From: "Steve Walker" <steve@xxxxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 04, 2003 8:07 AM
Subject: [RT] Smart Money Index
> This is mentioned in today's IBD. I have come across it before but
> cannot remember what it is. Help?
>
>
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