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Stochastic Momentum Indicator- SMI

  • #1
  • First Post: Oct 19, 2007 12:26am Oct 19, 2007 12:26am
Can someone please help with a SMI that has a signal line??? The one's found do not have the signal line....
  • #2
  • Oct 22, 2007 3:34pm Oct 22, 2007 3:34pm
Question, do you mean that you want a line drawn horizontally on the indicator?
  • #3
  • Oct 23, 2007 3:35am Oct 23, 2007 3:35am
Quoting trustdoc7
Can someone please help with a SMI that has a signal line??? The one's found do not have the signal line....
Hi Trustdoc7

Assuming I understand what you mean by a signal line, the attached SMI indicator has one.

Welcome to the forum

David
Attached File(s)
File Type: mq4 SMI.mq4   4 KB | 10,917 downloads
  • #4
  • Edited 5:09pm Sep 16, 2013 7:16am | Edited 5:09pm
Update:

I found a version updating properly here:

http://www.forex-tsd.com/metatrader-...r-index-4.html

===========================================
Quoting hanover
Hi Trustdoc7 Assuming I understand what you mean by a signal line, the attached SMI indicator has one. Welcome to the forum David
The indicator line is not updating.
I tried to fix it but it didnt work out.

Hanover, could you fix it?
  • #5
  • Sep 16, 2013 7:34am Sep 16, 2013 7:34am
Hi Hanover,
Thanks for all the great work that you do absolutely free, it is much appreciated.
This indicator doesn't update properly.
I have tried to modify the code, but I am too stupid to be able to sort it out. Unfortunately, I am so arrogant that I don't understand my limitations.
I would be very grateful if, when you have the time, you could look at the code and address this issue.
I know that you have said that you are taking a rest, but I really doubt that you have anything better to do. So get on with it and sort it out pronto.
Please Do Not PM Me With Coding Enquiries
  • #6
  • Sep 16, 2013 8:30am Sep 16, 2013 8:30am
@Gumrai

Unfair.
You are making something out of my posting, I never even remotely said or meant.
  • #7
  • Sep 16, 2013 8:46am Sep 16, 2013 8:46am
Quoting svengralla
@Gumrai Unfair. You are making something out of my posting, I never even remotely said or meant.
I am glad that you recognised the sarcasm.
Hanover is a highly respected and valued member of this forum and we are in danger of losing him because he receives so many requests that don't even include the simple word "please"
A request without a please is not too different from a demand.
Ask nicely and you may get the response that you want

Quote
The indicator line is not updating.
I tried to fix it but it didnt work out.

Hanover, could you fix it?

is not asking nicely, it is more like a complaint.
Please Do Not PM Me With Coding Enquiries
  • #8
  • Sep 16, 2013 8:59am Sep 16, 2013 8:59am
Quoting Gumrai
A request without a please is not too different from a demand. Ask nicely and you may get the response that you want is not asking nicely, it is more like a complaint.
I understand the point and will keep it in mind.
But please consider two things:

I didn't write "please" on purpose, because that sounded to me even more demanding ("PLEASE!" or "Pleaaasee ...").
Therefore I asked a neutral question (no demanding, no begging).
I'm not a native english speaker and might fail on subtle connotations of the language.
  • #9
  • Sep 16, 2013 9:04am Sep 16, 2013 9:04am
  •  FerruFx
  • Joined May 2007 | Status: MT4/MT5 EAs/Indicators/Alerts coder | 6,542 Posts | Online Now
Quoting svengralla
I didn't write "please" on purpose, because that sounded to me even more demanding ("PLEASE!" or "Pleaaasee ...").
If you write "please", it means what it is supposed to mean ... nothing else.
MT4/MT5 EAs/Indicators/Alerts coder
  • #10
  • Sep 16, 2013 9:06am Sep 16, 2013 9:06am
O.K.
  • #11
  • Edited 7:20pm Sep 16, 2013 6:49pm | Edited 7:20pm
Took me a moment or two to figure out who was asking what from whom. LOL

Looks like I posted this indy 6 years ago. I very much doubt that I wrote it myself, as I've never used iMAOnArray(), and I don't know the math formula for stochastic momentum. So I guess I must have found it via a Google search, in an attempt to help the OP.

Anyway (and assuming that I understand what's being asked here)........ try the attached modification.

Now, to prove that this last exchange of posts hasn't been a total waste of everybody's time, and that I haven't just wasted the last 15 minutes of my life.......
if somebody could demonstrate how SMI provides more profitable entry signals than all of the zillions of other indicators already out there, I'd be eternally grateful. Pretty, pretty pleaaaaaaase.

LOL
Attached File(s)
File Type: mq4 SMI.mq4   3 KB | 5,354 downloads
  • #12
  • Edited 1:34am Sep 17, 2013 1:23am | Edited 1:34am
Hi Hanover,

thanks a lot for modifying the code.
I already posted a corrected version above I found elsewhere.
As I mentioned before, first I tried to correct it by myself, using the canonical approach described in: http://book.mql4.com/samples/icustom
There was at least some reason to assume that you worked with this indicator, since you posted it.
Why ask somebody else, if you could ask a top reference like hanover?
Now this thread has a full functional SMI indicator, that's at least a tiny improvement and not a total waste.
If this is a better indicator or not I dont know, William Blau thought so.

By the way, I'm still using your Daily LinesBoxes, great indicator.

Sven

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  • #13
  • Sep 17, 2013 2:26am Sep 17, 2013 2:26am
Quoting svengralla
Hi Hanover, thanks a lot for modifying the code. I already posted a corrected version above I found elsewhere. As I mentioned before, first I tried to correct it by myself, using the canonical approach described in: http://book.mql4.com/samples/icustom There was at least some reason to assume that you worked with this indicator, since you posted it. Why ask somebody else, if you could ask a top reference like hanover? Now this thread has a full functional SMI indicator, that's at least a tiny improvement and not a total waste. If this...
Sorry Sven, I apologize for my cryptic sense of humor.

I was fairly new to forex back in 2007, and I've meanwhile worked with hundreds of indicators, and posted several hundred times on various forums; I don't remember posting that one. Perhaps my memory is suffering from a combination of old age and burnout.

Anyway, I'm glad you have the indicator working.

David
  • #14
  • Sep 17, 2013 2:35am Sep 17, 2013 2:35am
Quoting hanover
Anyway, I'm glad you have the indicator working
Sorry, I apologize for the inconveniances you had with this.

Best wishes to you and thanks a lot for your great work and positive energy.

Sven
  • #15
  • Dec 15, 2013 1:30am Dec 15, 2013 1:30am
Hanover,

The interest in the SMI might be because of a recent you tube video by Anne Marie Baiynd. She uses a very slow D% and uses the slow line's position to indicate that the share or index is in upward momentum or downward momentum.

Inserted Video
  • #16
  • Dec 25, 2013 8:59pm Dec 25, 2013 8:59pm
Quoting kensho
Hanover, The interest in the SMI might be because of a recent you tube video by Anne Marie Baiynd. She uses a very slow D% and uses the slow line's position to indicate that the share or index is in upward momentum or downward momentum. http://www.youtube.com/watch?v=UCazDCsHsC0
Funny... I stumbled on that same video, while searching for solutions to get my Metastock local data working.
It is a most comprehensive explanation on the use of the Stochastic Momentum Index, which is referred to as SMI.
And, Hanover, you will find you definitely have not wasted your 15 minutes!
Came back to FF looking for the formula for SMI, but this SMI is probably a bit different. Happy for anyone to clarify.
  • #17
  • Jan 3, 2014 7:48pm Jan 3, 2014 7:48pm
I am new to Trading and would like to know the usage of SMI and its effectiveness. I would greatly appreciate, if anyone could guide me with the Parameters to be set in SMI and the interpretation of the graph to identify the correct Entry/Exit points for SELL/BUY trades. Also, appreciate recommendation to quantify Stop-loss and Profit Targets
SuK
  • #18
  • Jan 11, 2014 1:08pm Jan 11, 2014 1:08pm
Hanover

Thank you for this indicator.!


daveM
  • #19
  • Jan 24, 2014 3:27pm Jan 24, 2014 3:27pm
hi !

can anybody tell me what settings is using Anne-Marie Baiynd for SMI in the video uploaded on post 15 ?
all i could understand are 6 and 15 ( first and last ) but don't know the other 2 settings.

thank you .
  • #20
  • Feb 28, 2014 2:47am Feb 28, 2014 2:47am
Quoting dremorah
hi ! can anybody tell me what settings is using Anne-Marie Baiynd for SMI in the video uploaded on post 15 ? all i could understand are 6 and 15 ( first and last ) but don't know the other 2 settings. thank you .
input over_bought = 40.0;
input over_sold = -40.0;
input Mid_Line = 0;
input dlength1 = 6;
input klength1 = 15;
input dlength2 = 18;
input klength2 = 40;

script Stoch { input percentDLength = 3; input percentKLength = 5;

--
it looks like dual stochastic, found here: http://www.dwbstreet.com/uploads/dWb__BaiyndSMISTUDY.ts

--
will try to bring complete solution when i find it
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