Stochastic Momentum Index (Stoch MTM, SMI)
The Stochastic Momentum Index (Stoch MTM, SMI) is based on the Stochastic Oscillator. The difference is that the Stochastic Oscillator calculates where the close is relative to the high/low range, while the SMI calculates where the close is relative to the midpoint of the high/low range. The values of the SMI range from...
