If you would to use this indicator on the ES, you should have intraday data 60min in your account.
Smart money index (SMI) or smart money flow index is a technical analysis indicator demonstrating investors sentiment.
The index was invented and popularized by money manager Don Hays. The indicator is based on intra-day price patterns.
NYSE Volume UP FLOW VS Down FLOW ULTIMATE StokedStocks
BASED OFF THE VOLD INDEX
The VOLD (also $VOLD) is the difference between the up volume and down volume on the NYSE. i.e. NYSE $UVOL minus $DVOL; the net up volume.
If you consider that VOLD is the net value between UVOL (up volume) and DVOL (down volume) then you need to understand these two to understand...