Dear friends, Stochastic Momentum Indicator ko William Blau na develop kia, Isko intraday trading strategy kay liye use kia jata hay, is main candle ki closing price aur high or low values kay darmian ka distance kiya hai ye 100 or 100 kay darmian mai movement karta hai jo hamain signal provide karta hai k ham nay kon si entry laina ha ye 100 or us kay darmian ma hi movement karta hai,
How to use this indicator:
indicator ki help sa hum overbought ya oversold conditions, signal line cross over, divergence aur buying ya selling signals ko janchtay hain, extreme SMI values kay zariay ye indicator hmain overbought ya oversold kay signals daita ha, signal line sa above cross over buy signals generate karta ha ya us waqt bhi buy kay signal miltay hain jab SMI ki value -50 sa above rise karti ha, isi tarah jab signal line below crossover karti ha ya SMI ki value +50 sa fall karti ha to selling signals miltay hain, Ye aik momentum base indicator hai jo k price ko lead karta hai ye trader ko reversal base bhi indicator provide karta ha, ya traditional stochastic oscillator ka upgraded version smjha jata ha
Normaly ye indicator 40 to -40 ki ranges main hota hay. Ager pair above 40 hay yani 40 plus hay to is ka matlab hay keh stick overbought hay. Aur jald he stock down position main aye ga jis kay liye hamain sell kay liye ready rehna chaiay. Aur ager stock 40 say below hay yani -40 main hay to iska matlab hay keh stock oversold hay. Aur jald he stock up jaye ga. To is tarah ye indicator hamain overbought aur oversold areas identify karny main help daita hay aur sath he hamain entry point identify karny main bhi madad karta hay.
Yeh indicator hamain chart per falls swing say bachata ha aur hamain exactly overbuying and over selling kay bary main batata hay. Is indicator say hamain pressure of buying aur pressure of selling areas recognize karny main help milti hay. Iskay ilawa hamain entry point janny main bhi is indicator say help milti hay, Ye momentum price ko calculate karny ma help karta hai trader stochastic momentum index ko aik reliable indicator kay tor par use kar kay market ma entry or exit points find karty hain.
How to use this indicator:
indicator ki help sa hum overbought ya oversold conditions, signal line cross over, divergence aur buying ya selling signals ko janchtay hain, extreme SMI values kay zariay ye indicator hmain overbought ya oversold kay signals daita ha, signal line sa above cross over buy signals generate karta ha ya us waqt bhi buy kay signal miltay hain jab SMI ki value -50 sa above rise karti ha, isi tarah jab signal line below crossover karti ha ya SMI ki value +50 sa fall karti ha to selling signals miltay hain, Ye aik momentum base indicator hai jo k price ko lead karta hai ye trader ko reversal base bhi indicator provide karta ha, ya traditional stochastic oscillator ka upgraded version smjha jata ha
Normaly ye indicator 40 to -40 ki ranges main hota hay. Ager pair above 40 hay yani 40 plus hay to is ka matlab hay keh stick overbought hay. Aur jald he stock down position main aye ga jis kay liye hamain sell kay liye ready rehna chaiay. Aur ager stock 40 say below hay yani -40 main hay to iska matlab hay keh stock oversold hay. Aur jald he stock up jaye ga. To is tarah ye indicator hamain overbought aur oversold areas identify karny main help daita hay aur sath he hamain entry point identify karny main bhi madad karta hay.
Yeh indicator hamain chart per falls swing say bachata ha aur hamain exactly overbuying and over selling kay bary main batata hay. Is indicator say hamain pressure of buying aur pressure of selling areas recognize karny main help milti hay. Iskay ilawa hamain entry point janny main bhi is indicator say help milti hay, Ye momentum price ko calculate karny ma help karta hai trader stochastic momentum index ko aik reliable indicator kay tor par use kar kay market ma entry or exit points find karty hain.
