OPEN-SOURCE SCRIPT

SMI Trigger System

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The SMI Trigger System is a lower-pane momentum indicator based on a Hull-smoothed Stochastic Momentum Index (SMI). It is designed to assist in identifying potential momentum shifts by highlighting signal alignment and level interactions.

This indicator is intended to be used as part of a broader analysis framework. Confluence between trend, structure, and higher-timeframe context defines the setup, while SMI signal behavior may be used for confirmation.

The script can be applied across multiple timeframes and markets. It does not generate trade signals on its own and should be used alongside additional analysis and risk management techniques.

For educational purposes only. Not financial advice.

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