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Re: [RT] Smart Money Index



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Remember, I do not know doodley about this indicator
but here is a picture on the ES Pit hours.

Clyde
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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: "profitok" <profitok@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 04, 2003 9:13 PM
Subject: Re: [RT] Smart Money Index


> 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
> > - - - - - - - - - - - - - - - - - - - -  - - - - - - - -
> >
> > ----- 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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> > >
> > >
> > >
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> > >
> > >
> >
> >
> >
> >
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> >
> >
> >
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> >
>
>
>
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