An indicator based strategy that relies on two or more technical indicators is the best strategy for trading the SMI. For example, a combination of the Stochastic Oscillator and either the Relative Strength Index or Moving Average Convergence Divergence can deliver reliable trading signals. One can also combine moving average crossovers with the RSI and MACD to find profitable trading opportunities. Whatever method is chosen the trader must be consistent and always follow their rules, otherwise the trading strategy will be doomed to failure.