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Boomerang indicator system at indicatorwarehouse.com

  #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!

Attached Thumbnails
Boomerang indicator system at indicatorwarehouse.com-smi5_arrows_1_2010-04-13_0948.png   Boomerang indicator system at indicatorwarehouse.com-smi5_arrows_2_2010-04-13_0949.png  
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