SMIErgodic Strategy Templates

Strategy Overview
Section titled “Strategy Overview”- SMIErgodic with Trend Filter — Signal filtered by ADX
- SMIErgodic + RSI Confluence — Momentum alignment
- 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
| Setting | Value |
|---|---|
| Type | BOTH |
| Position Size | 45% of equity (REL) |
| Order Type | MARKET |
| Timeout | COOLDOWN_ONLY, 3 bars |
Long Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_above_threshold | — |
| Required | ADX | adx_above_threshold | 25 |
Long Exit Conditions
| Setting | Value |
|---|---|
| Required | SMIErgodic · smiErgodic_below_threshold |
| Stop Loss | 5% (REL), trailing |
| Take Profit | 10% (REL) |
Short Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_below_threshold | — |
| Required | ADX | adx_above_threshold | 25 |
Short Exit Conditions
| Setting | Value |
|---|---|
| Required | SMIErgodic · smiErgodic_above_threshold |
| Stop Loss | 5% (REL), trailing |
| Take Profit | 10% (REL) |
Recommended Parameters
| Indicator | Parameter | Value | Notes |
|---|---|---|---|
| SMIErgodic | Period | 14 bars | Standard |
| ADX | Threshold | 25 | Trend 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
| Setting | Value |
|---|---|
| Type | BOTH |
| Position Size | 35% of equity (REL) |
| Order Type | MARKET |
| Timeout | REGULAR, 2 bars |
Long Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_above_threshold | — |
| Required | RSI | rsi_below_threshold | 35 |
Long Exit Conditions
| Setting | Value |
|---|---|
| Required | RSI · rsi_above_threshold · 60 |
| Stop Loss | 4% (REL) |
| Take Profit | 8% (REL) |
Short Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_below_threshold | — |
| Required | RSI | rsi_above_threshold | 65 |
Short Exit Conditions
| Setting | Value |
|---|---|
| Required | RSI · rsi_below_threshold · 40 |
| Stop Loss | 4% (REL) |
| Take Profit | 8% (REL) |
Recommended Parameters
| Indicator | Parameter | Value | Notes |
|---|---|---|---|
| SMIErgodic | Period | 14 bars | Standard |
| RSI | Period | 14 | Momentum |
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
| Setting | Value |
|---|---|
| Type | BOTH |
| Position Size | 40% of equity (REL) |
| Order Type | MARKET |
| Timeout | COOLDOWN_ONLY, 5 bars |
Long Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_above_threshold | — |
| Required | EMA | price_above_ema | — |
Long Exit Conditions
| Setting | Value |
|---|---|
| Required | EMA · price_below_ema |
| Stop Loss | 5% (REL) |
| Take Profit | 10% (REL) |
Short Entry Conditions
| Group | Indicator | Signal | Threshold |
|---|---|---|---|
| Required | SMIErgodic | smiErgodic_below_threshold | — |
| Required | EMA | price_below_ema | — |
Short Exit Conditions
| Setting | Value |
|---|---|
| Required | EMA · price_above_ema |
| Stop Loss | 5% (REL) |
| Take Profit | 10% (REL) |
Recommended Parameters
| Indicator | Parameter | Value | Notes |
|---|---|---|---|
| SMIErgodic | Period | 14 bars | Standard |
| EMA | Period | 20 bars | Direction |
Backtesting Recommendations
Section titled “Backtesting Recommendations”- Test SMIErgodic period variations: Find optimal sensitivity for your asset
- Compare with similar indicators: See if SMIErgodic adds unique value vs alternatives