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Post From: Offering To The Community: Intraday Intensity Oscillator With Filters (and By Tick)

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bjohnson777 (Brett Johnson) - Posts: 284
"By Tick" is one of my favorites... I've been programming some indicators from my base tool kit and am offering them to the community. I request they be added into the main SC distro once checked over. From the "Display Study Documentation" button: Intraday Intensity Oscillator With Filters. A price and volume based indicator that attempts to estimate accumulation and distribution of institutional traders. Normal ranges are +/-0.3. Spikes can go higher. Filtering can changes these values some. If you have tick by tick volume up/down data, use the "By Tick" version. This version includes extras to help clean up the graph and make it easier to integrate with automation. The "Set IIO Smoothing?" option enables cleaning up some of the IIO noise after the calculation. It is recommended to smooth IIO out with an EMA 3-7. This version has a Volume Filter option to handle cases when a volume spike smashes the indicator making it hard to read. Large institutions sometimes do this to hide their activity afterward. The "Straight" option passes volume data through without any filtering. The "Log" option runs each volume bar through the log function making a type of "log scale". The "Square Root" option runs each volume bar through the square root function making a type of "square root scale". The "MA Clip" option will clip volume above a chosen moving average. To learn the movement characteristics of each, it is recommended to put them all on one chart for equal comparison. To use traditional IIO, turn off all smoothing and filtering options. ----- Minor update 2018-01-31. No major function changes. Regular compiles moved to "Brett Johnson's Standard Tool Kit" DLL. Offering To The Community: Brett Johnson's Standard Tool Kit Quick compile instructions: Offering To The Community: Brett Johnson's Standard Tool Kit \| Post: 114621 Date Time Of Last Edit: 2018-01-31 07:12:41


IntradayIntensityOscillatorWithFilters.cpp - Attached On 2016-10-15 06:47:30 UTC - Size: 8.96 KB - 582 views IntradayIntensityOscillatorWithFilters.dll - Attached On 2016-10-15 06:47:40 UTC - Size: 83 KB - 524 views IntradayIntensityOscillatorByTickWithFilters.cpp - Attached On 2018-01-31 07:12:24 UTC - Size: 11.01 KB - 536 views IntradayIntensityOscillatorByTickWithFilters.dll - Attached On 2018-01-31 07:12:32 UTC - Size: 816.5 KB - 494 views