Studies · Volume
Shinohara Intensity Ratio
shinoharaIntensityRatio · Shinohara's strong and weak intensity ratios
Drawn in its own panelReads open, high, low, close
Hover the chart to read values · practice data: a seeded random walk with no overnight gaps
What it measures
Two ratios over the window, as percentages. The "strong" ratio compares how far bars rose above their own open with how far they fell below it. The "weak" ratio does the same measured from the previous close, so gaps count. 100 is neutral for both.
How traders use it
- Readings above 100 mean buying pressure has dominated the window; below 100, selling pressure.
- Divergence between the two shows whether the strength is coming from inside the sessions or from the gaps between them.
Parameters
| Name | Value | Default | Allowed | What it does |
|---|---|---|---|---|
| period | 26 | ≥ 1 usual 10–60 | Window length, in bars. |
Outputs
| Strong | Measured from each bar’s own open. |
| Weak | Measured from the previous bar’s close. |
Drawn in one colour, one line per output, told apart by line texture. Hover the chart to read each one.
Good to know
Sources disagree on which ratio is called "strong" and which "weak"; the definitions above are the ones used here. On this page the two lines sit on top of each other because the practice data opens every bar exactly at the previous close (no gaps). On real data they separate whenever the market gaps.