[Other] Indicator Parameter? Stochastic Momentum Index - Platforms and Indicators | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Platforms and Indicators

Indicator Parameter? Stochastic Momentum Index
Started:September 18th, 2014 (08:43 PM) by EdenR Views / Replies:2,419 / 2
Last Reply:February 21st, 2016 (08:48 PM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

Indicator Parameter? Stochastic Momentum Index

Old September 18th, 2014, 08:43 PM   #1 (permalink)
Trading Apprentice
Futures Experience: Intermediate
Platform: Metastock
Favorite Futures: Stocks
Posts: 2 since Sep 2014
Thanks: 0 given, 0 received

Indicator Parameter? Stochastic Momentum Index

Hi all,

Here I go with my very first question/post.

Lately I have been incorporating the Stochastic Momentum Index (SMI) into my trading. However something is confusing me about the indicator.

In short, I have been reading a lot of articles on the web about the SMI that refer to the parameters of the indicator in a much different way to how the SMI parameters seem to be laid out in Metastock (my main platform). I find it is almost as if people are talking about a different indicator to what I am seeing.

For example, I recently came across an article by a trader named Julie Wade regarding the Stochastic Momentum Index. The article draws on the ideas of Anne Marie Baiynd. In her article, Ms Wade mentions using a combination of "4-10 fast SMI overlaid on top of a slower 10-40 SMI".

Sounds easy enough, however, within Metastock (and a few other platforms I have looked at), the SMI parameters are generally set out as follows:

%K Parameters
- Time Periods: X
- Smoothing Periods: X
- Double Smooth Periods: X

%D Parameters
- Time Periods: X
- Method: (i.e. simple, exponential etc)

As such, how would I go about creating '4-10' and/or '10-40' SMI. I am not sure what they even mean.

I was hoping someone might be able to shed some light on how to set up both a "4-10 fast SMI" and a "10-40 slow SMI". Could Ms Wade be talking about a slightly different indicator?

So far I have been unable to contact Ms Wade, so I thought this great forum might be able to help. I apologize if this is an incredibly obvious question.

A big thank you in advance.


Reply With Quote

Old September 18th, 2014, 08:43 PM   #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


Old February 21st, 2016, 08:48 PM   #3 (permalink)
Trading Apprentice
Futures Experience: None
Platform: MetaTrader
Favorite Futures: Crude CL
Posts: 1 since Feb 2016
Thanks: 0 given, 0 received

Indicator Parameter? Stochastic Momentum Index


Did you ever get a response to your question? I also am interested in the SMI, I am using thinkorswim and it only has a simpler version of the SMI without as many parameters available to change compared to MetaStock. This was referenced by Anne Marie Baiynd on a YouTube video.

I appreciate any information you may have discovered.


Reply With Quote


futures.io > Futures Trading, News, Charts and Platforms > Platforms and Indicators > [Other]       Indicator Parameter? Stochastic Momentum Index

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

An Afternoon with FIO trader bobwest

Elite only

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
VSR Indicator (Volume/Stochastic/Reversal Bars) HJay The Elite Circle 22 May 11th, 2016 11:25 AM
Stochastic Momentum Index Indicator sunny135 NinjaTrader 1 January 8th, 2014 10:54 AM
Stochastic %K Indicator timefreedom The Elite Circle 4 September 16th, 2010 04:12 PM
Storsi Indicator and how to change parameter display order TraderJesse NinjaTrader Programming 6 August 27th, 2010 05:20 PM
RSI goes RMI -> Relative Momentum Index max-td NinjaTrader Programming 15 May 12th, 2010 06:42 AM

All times are GMT -4. The time now is 05:13 PM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-25 in 0.07 seconds with 19 queries on phoenix via your IP