SMI_Correct-1 - Indicator for MetaTrader 4

The indicator refers to the oscillators group. It is developed on the basis of the method described in William Blau's book "Momentum, Direction and Divergence". When calculating the indicator, exponential moving averages with periods of 25 and 2 are used. A faster EMA is a signaling average. When it crosses with a slow MA, trading signals emerge, that indicate a trend change. It is often used to search for divergence.