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There are many different classifications of exits other than your initial stop loss. These include exits that produce a loss but reduce your initial risk, exits that maximize profits, and exits that keep you from giving back too much money, and psychological exits.
Van K. Tharp
 
 
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Bostian's Intraday Intensity Index

Formula for: MetaStock

indicator


 

 

Views:  3512

Added: March 12, 2007
 
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Tags: MetaStock, indicator
 
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Code:

Bostian's Intraday Intensity Index
Cum(((Pwr((C-L),2) - Pwr((H-C),2))/(H-L))*V)

 




 

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