fxcodebase-backup

Smart money index

Source: https://fxcodebase.com/code/viewtopic.php?f=38&t=59585
Forum: 38 · Topic 59585 · 1 post(s)


Smart money index

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