Stochastic Momentum

stoc_mom

Function Name: stoc_mom

Tags: None

Category: Momentum

The Stochastic Momentum Index (SMI) incorporates an interesting twist on the popular Stochastic Oscillator. While the Stochastic Oscillator provides you with a value showing the distance the current Close is relative to the recent x-period high/low range, the SMI shows you where the Close is relative to the midpoint of the recent x-period high/low range.

 

Author:   William Blau

 

Parameters

period1

 

Default Value: 13  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric

period2

 

Default Value: 25  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric

period3

 

Default Value: 2  |  Minimum: 1  |  Maximum: 9999

 

Type: Numeric