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SMI Ergodic Indicator Topic Rating:
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Bruce_L
Posted : Friday, March 31, 2017 11:48:53 AM


Worden Trainer

Joined: 10/7/2004
Posts: 65,138

SMI Ergodic Indicator

This is the same as the True Strength Index (TSI) indicator.

Template (v17+)

Raw SMI Ergodic Indicator

XAVG(XAVG(C - C1, p), q) / XAVG(XAVG(ABS(C - C1), p), q)

Moving Average Trigger or Signal Line Applied to Raw SMI Ergodic Indicator

XAVG(XAVG(XAVG(C - C1, p), q) / XAVG(XAVG(ABS(C - C1), p), q), r)

Where p is the Short Period.
Where q is the Long Period.
Where r is the Signal Period.

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