Hi there,

I know there is a way to do this but I've search for last two days and I just couldn't be sure if I was doing this right so I am just going to ask.

How do you calculate Stochastic Momentum Index (2,8,2,2)?

I am actually not interested in the signal line so just SMI(2,8,2) will do.

Thank you.

David

I think this Indicator Formula should do the trick:

200 * (7 * (XAVGC8 - (XAVG(MAXH2,8) + XAVG(MINL2,8)) / 2) - (XAVGC2 - (XAVG(MAXH2,2) + XAVG(MINL2,2)) / 2)) / (7 * (XAVG(MAXH2,8) - XAVG(MINL2,8)) - (XAVG(MAXH2,2) - XAVG(MINL2,2)))

Stochastic Momentum Index

Wow. That was easy.

I read that article like 10 times and I just saw that you can use simple formula if first smoothing period does not equal second smoothing period.

I read it as you need a long formula if first smoothing period differs second smoothing period. Doh! Two days wasted trying to figure out the long formula.

Thanks.
David

Yes, making the formula when the first and second smoothing periods match is quite a bit more complicated then when they are different.

You have a long formula for stochastic Momentum Index indicator dated May 7, 2008. I get a syntax error when I try to run this formula. What is wrong with it? Or do you have another formula? I like to use the Stochastic Momentum Index Indicator.

The formula given in my Wednesday, May 07, 2008 11:39:07 AM ET post in the Stochastic Momentum Index topic does not generate any error messages for me when copied and pasted into TC2000 version 12.4.

Please make sure you are copying the entire formula but with nothing extra added. Something as simple as a missing parenthesis could cause an error message.