Internal Strength oscillator. The indicator specifies the point of a daily range the price is located in.
It has four inputs:
Internal Strength = Data
Internal Strength = RSI(Data,RSI period)
Data = (Close - Low[i]) / HL HL = High - Low
Fig. 1. Internal Strength mode HLC
Fig. 2. Internal Strength mode RSI
Translated from Russian by MetaQuotes Software Corp.
Original code: https://www.mql5.com/ru/code/22351