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Rob,
Id never heard of it--just Goggled 'Intraday Intensity'.
The 1st hit was Intraday Intensity Index =
(2*close-high-low) divided by (high-low)*volume, hence my
correction to your 1st formula.
The 2nd hit was a Metastock formula that uses squared terms
and, like you, multiplies by V.
---
Bostian's Intraday Intensity Index
Cum(((Pwr((C-L),2) - Pwr((H-C),2))/(H-L))*V)
------
Per a PureBytes search, John Gibb posted a plausible
version here [based B on B] that I'd recommend.
http://www.purebytes.com/archives/amibroker/2003/msg13386.ht
ml
Bob
-----Original Message-----
From: bowbie89 [mailto:robm@xxxxxxxxxxxx]
Sent: Thursday, July 08, 2004 9:14 AM
To: amibroker@xxxxxxxxxxxxxxx
Subject: [amibroker] Re: Intraday Intensity Indicator
Bob,
When I implement your formula, I get jagged lines, not a
smooth line
like the accumulation distribution indicator and a zero
value no
matter what day I choose.
Am I missing something?
Rob
--- In amibroker@xxxxxxxxxxxxxxx, "Bob Jagow"
<bjagow@xxxx> wrote:
> Rob,
> You want II = (2*close-high-low)/(high-low)/volume;
>
> Bob
> -----Original Message-----
> From: bowbie89 [mailto:robm@x...]
> Sent: Thursday, July 08, 2004 8:12 AM
> To: amibroker@xxxxxxxxxxxxxxx
> Subject: [amibroker] Intraday Intensity Indicator
>
>
> Hello All,
>
> I am trying to implement the Intraday Intensity indicator
> which is
> based upon the following formula:
>
> II = (2*close-high-low)/(high-low)*volume
>
> This is the open ended version similiar to the
Accumulation
> Distribution indicator.
>
> I took a stab at this with the following but it is not
> correct:
>
> /*Intraday Intensity Idicator*/
>
> II=Cum(2*C-H-L)/(H-L)*V;
>
> Plot(II,"Intraday Intensity",colorBlue,styleLine);
>
> Thanks for any help on a correction.
>
> Rob
>
>
>
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