METASTOCK To recreate the stochastic momentum index, explained this month by William Blau, in
MetaStock Professional, plot the custom formula (remember, this should all be on one line):
The parameters can be changed to any values desired.
The moving average menu may be used to plot a signal line as mentioned in Blau's article. After plotting
the SMI, press [M] to access the moving average menu. Select an exponential moving average of the
indicator. Choose whatever number of periods desired; Blau recommends a range of three to 12 periods
(a nine-period signal line is used in Figure 1). ...