Hull Moving Average and Volume Indicator For ThinkOrSwim

Nice indicator 👍 -- > https://usethinkscript.com/threads/...ng-points-and-concavity-2nd-derivatives.1803/

Where this version of it originated from

I've incorporated my volume study into it
Using a 10 min chart with MTF VOL of 20 min and 1 Hr

I have a couple different versions
One of which just takes only the slope of the HMA into account (which sorta defeats what you've done) but I'm really liking the signals I'm seeing.

I'm short on time atm and will post the links when I can, If anyone is interested



Vol studies....

There's 2 lower 1 for the current timeframe and mtf version in this thread

https://usethinkscript.com/threads/buy-sell-volume-roc.7386/

and the upper with HMA...1st one is just the slope and vol version

I left parts of original code in

Hull vol

http://tos.mx/DEufZrO

Hcv

http://tos.mx/pcxoGFi

in a rush right now and can't post actual codes

Here's a SC of LOW today


First bar had alerts from both versions, 2nd bar just the slope and vol version




amCKlh5.png
 
Last edited:

iAskQs

Member
It seems that you've created something quite interesting as I am intrigued by the hull study but have not been able to figure out how to filter out bad signals. Your study may actually solve that problem and still provide enough good signals (I'm looking at the Hcv study).

Can you explain how signals are provided? Is it when your volume study and hull study each independently provide signals on the same bar?
 
It seems that you've created something quite interesting as I am intrigued by the hull study but have not been able to figure out how to filter out bad signals. Your study may actually solve that problem and still provide enough good signals (I'm looking at the Hcv study).

Can you explain how signals are provided? Is it when your volume study and hull study each independently provide signals on the same bar?
I don't have a lot of time right now but you can read this thread which is solely the volume part of this study

Red/Green volume
 

iAskQs

Member
@RedToGreen Thank you for sharing this combination indicator. I'm enjoying testing it in sim trading and it provides some great signals (HCV version). I've altered the code for my purposes to include 2 min. as the first aggregation. I have a couple of observations and questions:

  1. This indicator repaints; is there any way to make it a non-repainting indicator? To explain more fully, the arrow/signal will sometimes disappear even after the bar closes (in the middle of the next bar, for example). On one occasion today, I saw an arrow/signal appear for the first time and then disappear several times on a bar that closed 3 bars back. So on the 2 min. chart, price was currently in the 3:36 bar for example and at that time the 3:30 bar started showing an arrow/signal. Any way to make this a non-repainting indicator.
  2. My TOS slows down significantly when I run this study; to clarify, the price updates on the chart much slower when I run this study. My computer is very powerful and routinely handles much more demanding apps, so I don't think that's the issue. Do you experience the same thing and do you know if this can be remedied by altering the code somehow?

Again, thank you for this wonderful study. I appreciate your work and ingenuity.
 

MerryDay

Administrative
Staff member
Staff
VIP
@RedToGreen Thank you for sharing this combination indicator. I'm enjoying testing it in sim trading and it provides some great signals (HCV version). I've altered the code for my purposes to include 2 min. as the first aggregation. I have a couple of observations and questions:

  1. This indicator repaints; is there any way to make it a non-repainting indicator? To explain more fully, the arrow/signal will sometimes disappear even after the bar closes (in the middle of the next bar, for example). On one occasion today, I saw an arrow/signal appear for the first time and then disappear several times on a bar that closed 3 bars back. So on the 2 min. chart, price was currently in the 3:36 bar for example and at that time the 3:30 bar started showing an arrow/signal. Any way to make this a non-repainting indicator.
  2. My TOS slows down significantly when I run this study; to clarify, the price updates on the chart much slower when I run this study. My computer is very powerful and routinely handles much more demanding apps, so I don't think that's the issue. Do you experience the same thing and do you know if this can be remedied by altering the code somehow?

Again, thank you for this wonderful study. I appreciate your work and ingenuity.
The repainting is built-in.
The TOS app is not running on your system, it runs on ToS servers. This type of code was always resource heavy but they have made changes recently that has made it almost impossible to run some of these studies :(. You can read more here:
https://usethinkscript.com/threads/current-price-line-indicator.6537/page-2#post-72937
 

iAskQs

Member
The repainting is built-in.
The TOS app is not running on your system, it runs on ToS servers. This type of code was always resource heavy but they have made changes recently that has made it almost impossible to run some of these studies :(. You can read more here:
https://usethinkscript.com/threads/current-price-line-indicator.6537/page-2#post-72937
Wow, those changes don't sound good. I didn't realize TD changed things. I have resorted to watching price on Tradovate while I chart on TOS. The delay is evident.
 

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