Smart money index

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Smart money index

Postby Alexander.Gettinger » Thu Sep 26, 2013 11:38 am

Original LUA indicator: viewtopic.php?f=17&t=52933.

Formulas:
SMI[i] = SMI[i-1]-(Close(OpenHour)-Open(OpenHour))+(Close(CloseHour)-Open(CloseHour)), where
CloseHour = OpenHour+SessionLength.

Smart_Money_Index_MQL.PNG


Download:
Smart_Money_Index.mq4
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Alexander.Gettinger
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