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| The SMI Ergodic Indicator is the same as the True Strength Index (TSI) developed by William Blau, except the SMI Ergodic includes a signal line. The SMI uses double moving averages of price minus previous price over 2-time frames. The signal line, which is an EMA of the SMI, is plotted to help trigger trading signals. If the SMI crosses below the signal line, a sell signal will be generated. Conversely, if the SMI crosses above the signal line, a buy signal will be given. |
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SMI Ergodic Indicator
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| SMIE(25,13,7) Bullish Divergence |
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| SMIE(25,13,7) Crossed Above Signal Line |
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| SMIE(25,13,7) Crossed Above Zero |
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| SMIE(25,13,7) Above Signal Line |
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| SMIE(25,13,7) Above Zero Line |
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| SMIE(25,13,7) Bearish Divergence |
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| SMIE(25,13,7) Crossed Below Signal Line |
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| SMIE(25,13,7) Crossed Below Zero |
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| SMIE(25,13,7) Below Signal Line |
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| SMIE(25,13,7) Below Zero Line |
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