Live example
Settings and defaults
| Setting | Default | Allowed range |
|---|---|---|
| Price source | Close | Open, High, Low, Close, High-low average, Typical price, OHLC average |
| Fast EMA length | 5 | 1 to 500 |
| Slow EMA length | 20 | 1 to 500 |
| Signal EMA length | 5 | 1 to 500 |
What it plots
Drawn in its own pane below the price chart, with its own scale.
| Line | Unit | Drawn as | First value |
|---|---|---|---|
| Ergodic line | Ratio | Line | after 25 candles |
| Signal line | Ratio | Line | after 29 candles |
| Histogram | Ratio | Histogram | after 29 candles |
Calculation notes
- Double EMA of price changes divided by double EMA of absolute changes. Shows a ratio, its EMA signal and their difference; this is separate from stochastic-range SMI and percent TSI. Flat prices return 0; gaps restart all seeds.
Questions
What are the default settings of SMI Ergodic?
The defaults are Price source: Close, Fast EMA length: 5, Slow EMA length: 20, Signal EMA length: 5. You can change every setting on the live chart.
Can I use SMI Ergodic for free on TraderAI?
Yes. Every indicator in the library can be added to the free live chart. The free plan keeps up to 2 indicators active at the same time; Pro lets you combine more on one chart.
Educational content. Indicators describe past prices; they do not predict future prices and are not investment advice.