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I just found a brand new trading view indicator that is basically an improved version of the traditional stochastic RSI indicator in this video weamp;#39;re going to explore what this indicator is how it works and weamp;#39;ll also combine it with other technical indicators to create a super profitable trading strategy if you end up finding this video helpful remember to leave a like letamp;#39;s get into it now the indicator that weamp;#39;re talking about is called stochastic momentum index or SMI to add it to our chart weamp;#39;re going to open the indicator search Tab and type in stochastic momentum index and select this one by this trading view user now after adding this indicator to our chart thereamp;#39;s going to be this dark line right here that is not visible because of the dark mode on trading view so letamp;#39;s access the settings and change its color to white as well as other settings foreign index is a variation of the traditional stochastic osc