Dear friends, Stochastic Momentum Index aik technical analysis indicator hay, jis ko 'William Blau' nay develop kia, ye indicator candles kay closing price aur high ya low range kay center tak ka distance kay baray main batata ha, yeh closing price kay distance ko is kay median high low price kay relative calculate karta hay aur iski base par price momentum ko show karta hay,
Main features of stochastic momentum index:
Basically Stochastic momentum index indicator technical analysis kay liye use kia janay wala indicator hay, yeh indicator technical analysis kay related data provide karta hay aur hamain chart per falls swing say save hay aur exactly overbuying ya overselling kay baray main information daita hay, Is indicator say hamain buying aur selling areas kay pressure ko janchnay main madad milti hay, is kay ilawa hamain entry point jannay main bhi is indicator say kafi help milti hay, is main signal line cross over, divergence aur buying ya selling signals ko janchtay hain, extreme SMI values kay zariay ye indicator hamain overbought ya oversold kay signals daita ha,
How this indicator works:
Is indicator main two lines ko plot kia jata hay, jin main say aik %k line hoti hai jo blue hoti hay aur second %d line hoti hay jo red hoti hay, iski range -100 say 100 kay darmian hoti ha, ye mukhtalif market conditions main price kay momentum ko janchnay ma help daita ha, signal line say above cross over buy signals generate karta hay yeh us waqt bhi buy kay signal miltay hain jab SMI ki value -50 say above rise karti hay, isi tarah jab signal line below crossover karti hay ya SMI ki value +50 say fall karti hay to selling signals miltay hain, yeh traditional stochastic oscillator ka upgraded version samjha jata hay
How to get trade guidance from this indicator:
Yeh aik momentum indicator hay jo price action ko lead karta ha, yeh indicator traders ko clear signal daita ha jis ki base par momentum shifting ya reversal ki indication milti hay, is ki help say overbought ya oversold crossover ki technique use kar kay trade ki ja sakti ha, agr traders support ya resistance level ko clearly identify na kar sakain to totally is par depend nhi karna chaiay, stochastic momentum index kay popular oversold ya overbought level -40 aur +40 ha, jab kay -15 aur +15 neutral zone kehlata hay, traders is indicator ko aik reliable indicators samajhtay hain yeh entry aur exit kay liay achi situations ki indication bhi daita ha,
Main features of stochastic momentum index:
Basically Stochastic momentum index indicator technical analysis kay liye use kia janay wala indicator hay, yeh indicator technical analysis kay related data provide karta hay aur hamain chart per falls swing say save hay aur exactly overbuying ya overselling kay baray main information daita hay, Is indicator say hamain buying aur selling areas kay pressure ko janchnay main madad milti hay, is kay ilawa hamain entry point jannay main bhi is indicator say kafi help milti hay, is main signal line cross over, divergence aur buying ya selling signals ko janchtay hain, extreme SMI values kay zariay ye indicator hamain overbought ya oversold kay signals daita ha,
How this indicator works:
Is indicator main two lines ko plot kia jata hay, jin main say aik %k line hoti hai jo blue hoti hay aur second %d line hoti hay jo red hoti hay, iski range -100 say 100 kay darmian hoti ha, ye mukhtalif market conditions main price kay momentum ko janchnay ma help daita ha, signal line say above cross over buy signals generate karta hay yeh us waqt bhi buy kay signal miltay hain jab SMI ki value -50 say above rise karti hay, isi tarah jab signal line below crossover karti hay ya SMI ki value +50 say fall karti hay to selling signals miltay hain, yeh traditional stochastic oscillator ka upgraded version samjha jata hay
How to get trade guidance from this indicator:
Yeh aik momentum indicator hay jo price action ko lead karta ha, yeh indicator traders ko clear signal daita ha jis ki base par momentum shifting ya reversal ki indication milti hay, is ki help say overbought ya oversold crossover ki technique use kar kay trade ki ja sakti ha, agr traders support ya resistance level ko clearly identify na kar sakain to totally is par depend nhi karna chaiay, stochastic momentum index kay popular oversold ya overbought level -40 aur +40 ha, jab kay -15 aur +15 neutral zone kehlata hay, traders is indicator ko aik reliable indicators samajhtay hain yeh entry aur exit kay liay achi situations ki indication bhi daita ha,