The Stochastic Momentum Index (SMI) is an enhanced version of the regular stochastic oscillator, designed to be a more reliable indicator that minimizes false swings by measuring the distance between the current closing price and the median ...

Stochastic Momentum Index (SMI) or Stoch MTM is used to find oversold and overbought zones. It also helps to figureout whether to enter short trade or long trade. Red Shade in the Top indicates that the stock is oversold and the Green shade ...

(Sun Tzu - The Art of War) ▮ ... (SMI) is a technical analysis indicator that uses the difference between the current closing price and the high or low price over a specific time period to measure price momentum...

More info: SMI - Stochastic Momentum Index: tradingview.com/support/solutions/43000707882/ SMII - Stochastic Momentum Index Ergodic Indicator: tradingview.com/support/solutions/43000594669/ SMIO - Stochastic Momentum Index Ergodic Oscillator: tradingview.com/support/solutions/43000594671/ [FIX] Correction in the selection of timeframes and use of "repainting" according to the official documentation:

March 3, 2026 - Centered Fill: The area between the SSMI and the 50-level fades from green to transparent (or red to transparent), providing an immediate visual cue of the current momentum regime. Summary of a "High Probability" Setup: Check Background: Is the HTF Bias in your favor? (Green for Long, Red for Short). Wait for Cross: Watch for the SSMI line to cross the Signal line within the 40-60 zone. Confirm Breakout: Look for the triangle signal to appear, confirming that price has broken local structure. In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality.

May 9, 2018 - Stochastic Momentum Index indicator script. This indicator was originally developed by William Blau (Stocks & Commodities V. 11:1 (11-18)). ... In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality.

The Stochastic Momentum Index (SMI) was introduced by William Blau in 1993 as a way to clarify the traditional stochastic oscillator. SMI helps you see where the current close has taken place relative to the midpoint of the recent high to low ...

1 week ago - Its job is narrower and cleaner: **It detects when RSI builds a classic failure swing sequence and then confirms that sequence through an internal RSI swing break.** That keeps the tool separated from existing AGPro momentum scripts such as RSI Pressure Map, Stochastic Exhaustion Map, Multi-Oscillator Consensus Engine, Divergence Stack Scanner, and broader reversal-quality tools.

The ROC is displayed as a histogram, where positive values ​​are colored green and negative values ​​are colored red. Stochastic Momentum Index (SMI): SMI is a momentum oscillator that identifies overbought and oversold conditions.

September 23, 2022 - Concepts This is an improved version of the "DMI Stochastic Extreme Refurbished" indicator. For more information on the main concepts of this indicator, please access this link: https://www.tradingview.com/script/ZJ87adp6-DMI-Stochastic-Extreme-Refurbished/ The difference is that here, instead of using the traditional stochastic oscillator, I implemented the use of the Stochastic Momentum Index (SMI).

Enter a long position. Sell Signal: When the %K line crosses below the %D line, it indicates bearish momentum. Enter a short position. 2. Overbought and Oversold Strategy This strategy uses the overbought and oversold levels of the SMI to identify potential reversal points.

The Ergodic SMI is based on the True Strength Index (TSI) and integrates a signal line, which is an exponential moving average (EMA) of the SMI indicator itself. It provides a clearer picture of market trends than the traditional stochastic oscillator by incorporating the concept of "ergodicity", which helps remove market noise. On ther other hand, the Stochastic Momentum Index Ergodic Oscillator (SMIO) is a histogram that measures the difference between TSI and it's signal line.

April 26, 2021 - Introducing the Reverse Stochastic ... Momentum Index (SMI) is a more refined version of the stochastic oscillator, employing a wider range of values and having a higher sensitivity to closing prices.” The SMI is considered a ...

February 20, 2026 - BFAS76 Charts - Hybrid Momentum IndexBFAS76 Charts - Hybrid Momentum Index OVERVIEW Hybrid Momentum Index combines two complementary momentum measurement systems into a single oscillator panel: a Laguerre filtered PPO Percentile Rank and a DMI-based Stochastic.

October 21, 2016 - This is an implementation of the Stochastic Momentum Index from William Blau's his article in Stocks & Commodities. This also allows the use of various different kinds of moving averages for the signal line. Options for this argument are: ... In true TradingView spirit, the creator of this ...

November 22, 2024 - This indicator combines momentum analysis across two timeframes to identify high-probability trading opportunities. It plots the Stochastic Momentum Index (SMI) for both the chart timeframe and a higher timeframe (default 10 minutes) to help ...

February 19, 2025 - The standard settings for the Stochastic Momentum Index will depend on the trading platform, as different platforms may have different default settings. But generally, the default settings are 10, 3, 3 —that is, a K-period of 10, a D-period of 3, and 3 period for the signal line EMA. On the TradingView, for example, the settings are 10, 3, 3, as you can see in the image below:

1 week ago - William Blau introduced the SMI in Stocks & Commodities in 1993 — changing the reference point from range extremes to the midpoint, a structural shift that separates it from every stochastic variant before it. The SMI starts with a simple question: where did price close relative to the center of its recent range? Not the top, not the bottom — the midpoint. That distance becomes the raw signal. You take the highest high and lowest low over a set lookback period, find the middle of that span, then measure how far the current close sits from it. A close above the midpoint signals positive momentum; below it, negative.