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Boomerang indicator system at

  #47 (permalink)

Springfield, MO
Trading Experience: None
Platform: SC
Favorite Futures: ES
Posts: 107 since Mar 2010
Thanks: 2,339 given, 45 received

SMI Arrow Issue?

Attached are screenshot from the NQ and YM markets today (morning) that show the issues I am having with SMI indicators and the painting of the arrows (see post #44). I do understand that it is essentially a momentum indicator, but my simple logic says that if a blue arrow appears then a red arrow should appear next. I can certaintly be wrong!!!!!!!! If someone could point me in the right direction it would be greatly appreciated.

Thanks for all the support from the forum!

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