IDayIIndex – indicator MetaTrader 5
The IDayIIndex (Intraday Intensity Index) oscillator indicator. It is calculated by the following formula: III = Sum((2C-H-L)/(H-L))*TickVolume Normalized: Normalized III = (III /Sum(V))*100 The indicator has two input parameters: Normalized – enable or disable the calculation of the normalized index (Yes/No); Period – indicator calculation period. IDayIIndex – indicator MetaTrader 5