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SMIErgodic Strategy Templates

  1. SMIErgodic with Trend Filter — Signal filtered by ADX
  2. SMIErgodic + RSI Confluence — Momentum alignment
  3. SMIErgodic + EMA Direction — Trend timing

Strategy 1: SMIErgodic with Trend Filter

Overview

Use SMIErgodic signals filtered by ADX trend strength for directional trades.

When This Works Best

  • Trending markets
  • 4H to 1D timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size45% of equity (REL)
Order TypeMARKET
TimeoutCOOLDOWN_ONLY, 3 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_above_threshold
RequiredADXadx_above_threshold25

Long Exit Conditions

SettingValue
RequiredSMIErgodic · smiErgodic_below_threshold
Stop Loss5% (REL), trailing
Take Profit10% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_below_threshold
RequiredADXadx_above_threshold25

Short Exit Conditions

SettingValue
RequiredSMIErgodic · smiErgodic_above_threshold
Stop Loss5% (REL), trailing
Take Profit10% (REL)

Recommended Parameters

IndicatorParameterValueNotes
SMIErgodicPeriod14 barsStandard
ADXThreshold25Trend filter

Strategy 2: SMIErgodic + RSI Confluence

Overview

Combine SMIErgodic with RSI extremes for higher-conviction entries.

When This Works Best

  • Markets with periodic pullbacks
  • 1H to 4H timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size35% of equity (REL)
Order TypeMARKET
TimeoutREGULAR, 2 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_above_threshold
RequiredRSIrsi_below_threshold35

Long Exit Conditions

SettingValue
RequiredRSI · rsi_above_threshold · 60
Stop Loss4% (REL)
Take Profit8% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_below_threshold
RequiredRSIrsi_above_threshold65

Short Exit Conditions

SettingValue
RequiredRSI · rsi_below_threshold · 40
Stop Loss4% (REL)
Take Profit8% (REL)

Recommended Parameters

IndicatorParameterValueNotes
SMIErgodicPeriod14 barsStandard
RSIPeriod14Momentum

Strategy 3: SMIErgodic + EMA Direction

Overview

Use EMA for trend direction and SMIErgodic for entry timing.

When This Works Best

  • Trending markets with clear direction
  • 4H to 1D timeframes

Algorithm Configuration

SettingValue
TypeBOTH
Position Size40% of equity (REL)
Order TypeMARKET
TimeoutCOOLDOWN_ONLY, 5 bars

Long Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_above_threshold
RequiredEMAprice_above_ema

Long Exit Conditions

SettingValue
RequiredEMA · price_below_ema
Stop Loss5% (REL)
Take Profit10% (REL)

Short Entry Conditions

GroupIndicatorSignalThreshold
RequiredSMIErgodicsmiErgodic_below_threshold
RequiredEMAprice_below_ema

Short Exit Conditions

SettingValue
RequiredEMA · price_above_ema
Stop Loss5% (REL)
Take Profit10% (REL)

Recommended Parameters

IndicatorParameterValueNotes
SMIErgodicPeriod14 barsStandard
EMAPeriod20 barsDirection

  • Test SMIErgodic period variations: Find optimal sensitivity for your asset
  • Compare with similar indicators: See if SMIErgodic adds unique value vs alternatives