The Intraday Intensity Open Form indicator.
There are no input parameters.
Calculation:
Intensity = PrevIntensity + (2.0 * Close – High – Low) / Vol
where:
Vol = (High – Low) * Volume
Volume – tick volume
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The Intraday Intensity Open Form indicator.
There are no input parameters.
Calculation:
Intensity = PrevIntensity + (2.0 * Close – High – Low) / Vol
where:
Vol = (High – Low) * Volume
Volume – tick volume