Syntax
public SmartMoneyIndex(Bars bars, string description)
public static SmartMoneyIndex Series(Bars bars)Parameter Description
Description
The Smart money index is a sibling to the
Last Hour indicator.
The formula is: Today's SMI reading = yesterday's SMI – opening gain or loss + last hour change
The opening gain is defined as the first half-hour difference (i.e. 10:00am Close minus 9:30am Open), and is
hardcoded.
Interpretation
See the
Wikipedia article on Smart money index.
Example
No example currently available.