Spot price reversals with the SMI indicator

Spot price reversals with the SMI indicator

In this Spotlight post we´re looking at the Stochastic Momentum Index (a.k.a. the SMI indicator) by William Blau. The general idea behind stochastic studies is to use momentum falloffs to predict price reversals. To paraphrase George Lane, the developer of the original Stochastics study, one may compare the phenomenon to a rocket going up in…

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Trigger Lines : Cross vs. Thrust

Trigger Lines : Cross vs. Thrust

In this Indicator Spotlight, we’re looking at the Trigger Lines indicator which can be used as a trend filter. The Fast Trigger is a LinReg Indicator, similar to the standard NinjaTrader version. The signal line is calculated by applying an EMA to the linear regression indicator. Therefore, an identical plot can be achieved by simply…

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The Wilder Volatility Stop

Volatility Stop for NT8

When used with time based bars, the Volatility Stop indicator adjusts to the current market environment. Specifically, it allows for stop widening when volatility increases and tightening when it decreases.

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