Use ffmpeg for a typical stabilization with default values:
ffmpeg -i inp.mpeg -vf vidstabtransform,unsharp=5:5:0.8:3:3:0.4 inp_stabilized.mpeg
Note the use of the unsharp filter which is always recommended.
Zoom in a bit more and load transform data from a given file:
vidstabtransform=zoom=5:input="mytransforms.trf"
Smoothen the video even more:
vidstabtransform=smoothing=30