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Definition of 'Intraday Intensity Index'
A volume based indicator that depicts the flow of funds for a security according to where it closes in its high and low range. Calculated as:
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Investopedia explains 'Intraday Intensity Index'
This indicator was developed by Dave Bostian. Its goal is to track the activity of institutional block traders.
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From picking the right type of stock to setting stop-losses, learn how to trade wisely.
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This intraday strategy picks tops and bottoms based on a clear recovery following an extreme move.
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Learn about the foundation upon which technical analysis is based.
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