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Intraday Intensity Index Oscillator Parameters

Article MQL5 code base
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Summary

The document identifies IDayIIndex as an Intraday Intensity Index oscillator and lists two user settings: whether to calculate a normalized version of the index and the period used in its calculation. These controls allow the user to switch normalization on or off and set the indicator's calculation window.

Although the document says the indicator is calculated by a formula, the formula itself is absent from the supplied text. It provides no interpretation guidance, thresholds, examples, trading rules, or performance evidence. As a result, the description explains the available parameters but is insufficient on its own to reproduce or assess the indicator's behavior.

Key ideas

  • IDayIIndex is presented as an Intraday Intensity Index oscillator.
  • The indicator has a setting to enable or disable normalization.
  • A period parameter controls the calculation window.
  • The formula and any guidance for interpreting signals are not included.

Tags

Technical indicatorsEquities

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.