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Institutional Momentum Stochastic Index

The Stochastic Momentum Index (SMI), developed by William Blau and featured in the January 1993 edition of Technical Analysis of Stocks & Commodities magazine, introduces a unique perspective to trading analysis.

Distinguished from the conventional Stochastic Oscillator, which evaluates the current close in relation to the recent x-period high/low range, the SMI assesses the close's position relative to the midpoint of this range.

This innovation yields an oscillator with a range of +/- 100, renowned for its reduced volatility compared to the standard Stochastic Oscillator:

  • A positive SMI reading occurs when the close exceeds the midpoint of the range.
  • Conversely, a negative SMI reading signals when the close falls below this midpoint.

The SMI doesn't stop at providing a fresh view of market momentum. It also incorporates price's swing high and swing low points, conveniently plotted as colored dots. This feature proves invaluable in identifying key level support and resistance, further enhancing its utility for traders and investors seeking precise market insights.


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Next Generation Of Automated Supply And Demand Zones. New and Innovative Algorithm that Works At Any Chart. All Zones Are Being Created Dynamically According To Price Action Of The Market. AMAZING OFFER --> Activations from 5 to 20 for "MTF Supply Demand Zones" and "Automated Trendlines" TWO TYPES OF ALERTS -->  1) WHEN PRICE HITS A ZONE    2)WHEN A NEW ZONE IS FORMED  If you get the MTF Supply Demand Zones you can join the " Trade Like Me " Video Series. It contains 14 Live Sessions wh
AW Prime Oscillator MT5
AW Trading Software Limited
Indicators
A combination of two oscillators. The first one displays the entry points, the second shows the current trend . The indicator can display oscillator signals by arrows in two modes, all fast oscillator signals or signals only in the direction of the current trend. It has a multi-timeframe panel and three types of signal notifications. Benefits: Suitable for day and scalping trading Trend filtering Simple and sensitive setup Multi-timeframe panel Suitable for integration into an advisor. Works on
Owl Smart Levels MT5
Sergey Ermolov
4.38 (37)
Indicators
MT4 version  |   FAQ The Owl Smart Levels Indicator is a complete trading system within the one indicator that includes such popular market analysis tools as Bill Williams' advanced fractals , Valable ZigZag which builds the correct wave structure of the market, and Fibonacci levels which mark the exact levels of entry into the market and places to take profits. Detailed description of the strategy Instructions for working with the indicator Advisor-assistant in trading Owl Helper Private User
ADR Reversal Indicator MT5
LEE SAMSON
4.67 (9)
Indicators
The ADR Reversal Indicator shows you at a glance where price is currently trading in relation to it's normal average daily range. You will get instant alerts via pop-up, email or push when price exceeds it's average range and levels above it of your choosing so you can jump into pullbacks and reversals quickly. The indicator draws horizontal lines on the chart at the average daily range extremes and also extensions above those levels which have mathematical probabilities attached to them of pric
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Point and Plot:  The Anchored VWAP with Channel Bands tool is designed for traders of all levels, from beginners to seasoned professionals. Point to the price level you want to anchor to, plot the horizontal line, and watch as this versatile tool transforms your trading approach. User-Friendly Interface : Navigate the tool effortlessly with a user-friendly interface that ensures you never miss a crucial detail. Real-Time Analysis : Make informed decisions in real time with dynamic data that upda
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