Hull Acceleration Watchlist Column For ThinkOrSwim

[Mr D]

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# Hull Acceleration WL Column            #
# Color codes:                           #
# Hull up and accelerating: bright green #
# Hull dn and accelerating: bright red   #
# Hull up : dark green                   #
# Hull dn : dark red                     #
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input length = 16;
input src = close;

def hma= WMA(2 * WMA(src, length / 2) - WMA(src, length), Round(Sqrt(length)));
plot rsi= 100*(hma-hma[1])/atr()[1];
def up = rsi>rsi[1] and rsi>0;
def dn = rsi<rsi[1] and rsi<0;
rsi.assignValueColor( if dn or up then color.black else color.white);
assignbackgroundcolor(if up then color.green else if dn then color.red
else if rsi>0 then color.dark_green else color.dark_red);

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# END #
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