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Re: [RT] Smart Money Index



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thanks
Ben
----- Original Message ----- 
From: "Clyde Lee(SBCY)" <clydelee@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, June 04, 2003 11:36 PM
Subject: Re: [RT] Smart Money Index


> Ben,
>
> Remember, I do not know doodley about this indicator
> but here is a picture on the ES Pit hours.
>
> Clyde
> - - - - - - - - - - - - - - - - - - - - -  - - - - - - -
> 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: "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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