Intraday Intensity Index

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Intraday Intensity Index

Postby Alexander.Gettinger » Fri Jun 06, 2014 3:14 pm

Original LUA oscillator: viewtopic.php?f=17&t=34513.

Formulas:
III = Sum of [Volume*(2*Close-High-Low)/(High-Low)] for Length bars without normalization or
III = 100*(Sum of [Volume*(2*Close-High-Low)/(High-Low)])/(Sum of [Volume]) for Length bars with normalization.

III_MQL.PNG


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III.mq4
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Alexander.Gettinger
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