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  1. #1
    Solid Member

    Ultimate SMI “Stochastic Momentum Index” Indicator !!!

    Source: 
    BinaryEasy.club

    Ultimate SMI “Stochastic Momentum Index” Indicator
    Developed / Tweaked by Kim Lawrence from KimSignals
    This indicator can be greatly used with a different SMI based binary option strategies, including Paul’s SMI BreakthroughBinary Options Strategy. 

    How to read the indicator plots:

    1. SMI Cross delivers an arrow (one arrow color when cross happens before 48.2 level and one color when cross happens before 60.0 level)
    2. Break the 48.2 and 60.0 levels will paint “sticks” on the chart so you can see as soon as you break those levels
    3. As long as your price located in overbought or oversold zone you will have yellow triangles above or under the candles


    Free Download Here:
    [Download]

  2. #2
    Legendry Member Michael Hodges's Avatar
    which parts are the signals? is the trend following or counter trend trading?

  3. #3
    Solid Member
    Quote Originally Posted by Michael Hodges View Post
    which parts are the signals? is the trend following or counter trend trading?
    Reversals
    Currently hard core learning & practicing: Price Action with End Of The Day Binary Options Trading.

  4. #4
    Legendry Member Michael Hodges's Avatar
    That sounds dangerous, ,wouldn't it be better to use those reversals as pre signals for trend following signals?

  5. #5
    Solid Member
    Quote Originally Posted by Michael Hodges View Post
    That sounds dangerous, ,wouldn't it be better to use those reversals as pre signals for trend following signals?
    Of course, as mentioned thats only an indicator, anyone might use it as an indicator not as stand alone signals, each may use own confirmation with it or for it
    Currently hard core learning & practicing: Price Action with End Of The Day Binary Options Trading.

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