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Intraday Intensity Percent

Also known at the Money Flow %, calculated as:

Intraday Intensity% = Intraday Intensity/Sum(Volume, x) * 100%

 

Where Intraday Intensity = (2 * close - H - L) / (H - L) * volume

and x = period of sum, by default = 21

To apply an Intraday Intensity Percent Indicator

  1. From within a chart, from the Edit menu select Studies.
  2. Choose Intraday Intensity Percent and click Add to add the study to the Applied Studies group.
  3. Complete parameters as necessary.

Once the study is defined, you can elect to uncheck/check to remove and add the study to your chart.

Important Disclosures