Watch how to download trading robots for free

Find us on Telegram!
Join our fan page

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

Intraday_Intensity_Index.mq5 (9 KB) view

: Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

Intraday intensity index oscillator.

It has two input parameters:

Calculations:

No normalization:

Idx = Sum[Volume * (2*Close - High - Low) / (High - Low)] за Period

With normalization:

Idx = 100*(Sum[Volume * (2*Close - High - Low) / (High - Low)]) / (Sum [Volume]) за Period

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/20858

HWC

Channel indicator HWC (Holt-Winters Channel).

HWMA

Indicator HWMA (Holt-Winter Moving Average) is a three-parameter moving average by the Holt-Winter method.

MACD_Squeeze

Oscillator MACD Squeeze similar to indicator Trade The Markets Squeeze, but based on MACD.

TradingBoxing

Trading panel based on class CDialog.

Intraday_Intensity_Index - indicator for MetaTrader 5