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Intraday Intensity Index for Amibroker (AFL)
Rating:
2 / 5 (Votes 5)
Tags:
oscillator, amibroker
Intraday Intensity index
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Indicator / Formula
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1 2 3 4 5 6 7 8 | _SECTION_BEGIN ( "Intraday Intensity Index" ); V_a= IIf ( C >( L +( H - L )*2/3), V , IIf ( C <( L +( H - L )*1/3),- V ,0)); Cum (V_a); Plot ( Cum (V_a), "cummulative volume" , colorBlue ,style=1 ); Period = Param ( "Period" , 10, 1, 300, 1, 10 ); Plot ( EMA ( Cum (V_a),Period), _DEFAULT_NAME (), colorRed , ParamStyle ( "Style" ) ); _SECTION_END (); |
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My rating 5.
Great Indicator, can also use to gause trend strength. Attaching this to a price chart gives great clarity on trend.
Thans a lot for sharing
viswanath
Hi,
How does this work. It just shoes zero values???