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