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SMI refers to Special Markings Indicator.

SBER's special marking finds the range that once a breakout has the possibility of giving good momentum. To avoid false breakout, the buffer is used and is marked by a Blue coloured line.

Markings used:
Purple marking - Range that needs to be broken
Blueline - To check strength & sustenance
Redline - Profit maximization line. Also used as Stop loss line
Market bias - This is independent of SMI calculations and is a price action based analysis indicative outcome.

How to trade with Special Markings
All decisions to be taken at the closing of the candle
Wait for price to break out of purple lines
Once broken, let it sustain above and show strength i.e. close above the blue line
Once the price is above the blue line, trade is taken with Redline as stop-loss i.e. exit is price closes below red line. Vice-versa for sell-side trade.

Whenever there are signs of possible traps, a text message will appear on the chart.

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