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Based on the momentum direction and divergence book by blau.
Smi indicator forex factory. Try smi metatrader indicator in your mt4 platform. The smi mt4 indicator was developed by william blau in 1993 and it s the smoother version of the popular stochastic indicator. Smi provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.
Free download of the smi indicator by scriptor for metatrader 4 in the mql5 code base. Rsi of jma indicator. This is also known as smi indicator.
Smi is a metatrader 4 mt4 indicator and the essence of the forex indicator is to transform the accumulated history data. Check this box to confirm you are human. If the traditional indicator uses the current close against the periods high and lows the smi indicator evaluates the current close against the midpoint of the high and low range.
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