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Re: [RT] Smart Money Index



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Hello
can you post a chart  of sp500 with  smart money overlay  to see if it kept
us in this entire move up?
thanks
Ben
----- Original Message ----- 
From: "Clyde Lee(SBCY)" <clydelee@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 04, 2003 9:15 AM
Subject: Re: [RT] Smart Money Index


> 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;
>
>
> - - - - - - - - - - - - - - - - - - - - -  - - - - - - -
> 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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