Created
May 20, 2018 20:58
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| // Created by @pequet (https://www.tradingview.com/u/pequet) May 20, 2018 | |
| // https://github.com/pequet/ | |
| // NOT FOR DISTRIBUTION | |
| // @version=3 | |
| // References: | |
| // https://www.youtube.com/watch?v=cq3gkwin1y4 | |
| study(title="Intraday Intensity v0.1", shorttitle="II", overlay=false, precision=8) | |
| ii = (2*close-high-low) / (high-low) * volume | |
| cumulativeIi = cum(ii) | |
| plot(cumulativeIi, transp=0, color=#f97c97, title="Intraday Intensity") | |
| // - |
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getting rid of the wicks and tails might be a good idea 👍
https://www.tradingview.com/x/RppcC5QO/