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| JAN 1993
SIDEBAR: STOCHASTICS MOMENTUM INDEX
STOCHASTICS MOMENTUM INDEX The spreadsheet features in sidebar Figure 1 an example of calculating the stochastics momentum index (SMI) for a lookback period of two days (q = 2) and a double smoothing of 20 days (r = 20, s = 20) using an exponential smoothed moving average (EMA). The first step is determine the highest high for the last two days, which is column E. The formula for cell E21 is: =MAX(B20:B21) Then determine the lowest low for the last two days. This is performed in column F. The formula for F21 is: =MIN (C20:C21) ...
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