Mobius Volume Waves for ThinkorSwim

[Mr_Wheeler]

Do you mind sharing me your setup as I am having a hard time trying to match it base on your screenshot. Love to test what you have. Thanks.

https://tos.mx/WKPQpFh

 

[Mr_Wheeler]

If you're downloading my setup then check out my brackets.

 

[gate122]

https://tos.mx/WKPQpFh

When I open your shared workspace, I do not see your custom indicators. All I see was a simple VWAP and AwesomeOscillator. Nothing else.

 

[Mr_Wheeler]

When I open your shared workspace, I do not see your custom indicators. All I see was a simple VWAP and AwesomeOscillator. Nothing else.

How about the styles?

 

[gate122]

This is all I see.

https://imgur.com/a/oSQ1XCZ

Would you be willing to copy the codes and share it here? Am I close to match your bottom indicators?

https://imgur.com/a/A0yCaQF

 

[Mr_Wheeler]

This is all I see.

https://imgur.com/a/oSQ1XCZ

Would you be willing to copy the codes and share it here? Am I close to match your bottom indicators?

https://imgur.com/a/A0yCaQF

I'll share everything. I'll just share every last study and post a screen shot of the configs for each study. Give me a bit of time.

 

[Mr_Wheeler]

• I labeled the chart areas with numbers to help people keep track.

• Just in case.

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

First group

1 - c_supertrend_mobius - https://tos.mx/eGwb7vP

2 - VWAP

3 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

4 - c_Important_note - https://tos.mx/xTInacu

5 - c_reversal - https://tos.mx/3Y4SzHA

6 - c_Ascend_Trading_Auto_Trendline_Indicator - https://tos.mx/lU9ScxX

------------------------------------------------------------------


Second Group

1 - c_ALERT_3_MDA - http://tos.mx/CvUS2FC

2 - RSI

3 - c_reversal - https://tos.mx/3Y4SzHA


---------------------------------------------------

Third Group

1 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

2 - c_Mobius_SuperTrend_Volume_Waves_final - https://tos.mx/9NHrd0z

3 - c_reversal - https://tos.mx/3Y4SzHA


---------------------------------------


Fourth Group

1 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

2 - c_Mob_squeeze - https://tos.mx/zMPLFHD

3 - c_reversal - https://tos.mx/3Y4SzHA


----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 1 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/Z4Z9lwv

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_supertrend_mobius

2 - VWAP

3 - c_Percent_Dif_MDA

4 - c_important_note

5 - reversal

6 - c_ascend_trading_auto_trendline_indicator

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 2 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/Gu7svrM

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_ALERT_3_MDA

2 - RSI

3 - c_reversal

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 3 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/8cV51gt

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_Percent_Dif_MDA

2 - c_mobius_supertrend_volume_waves_final

3 - c_reversal

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 4 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/NFw43pc

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_Percent_Dif_MDA

2 - c_mob_squeeze

3 - c_reversal

 

[gate122]

• I labeled the chart areas with numbers to help people keep track.

• Just in case.

--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------

First group

1 - c_supertrend_mobius - https://tos.mx/eGwb7vP

2 - VWAP

3 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

4 - c_Important_note - https://tos.mx/xTInacu

5 - c_reversal - https://tos.mx/3Y4SzHA

6 - c_Ascend_Trading_Auto_Trendline_Indicator - https://tos.mx/lU9ScxX

------------------------------------------------------------------


Second Group

1 - c_ALERT_3_MDA - http://tos.mx/CvUS2FC

2 - RSI

3 - c_reversal - https://tos.mx/3Y4SzHA


---------------------------------------------------

Third Group

1 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

2 - c_Mob_squeeze - https://tos.mx/OPZGsuu

3 - c_reversal - https://tos.mx/3Y4SzHA


---------------------------------------


Fourth Group

1 - c_Percent_Dif_MDA - https://tos.mx/q2A5p35

2 - c_Mob_squeeze - https://tos.mx/zMPLFHD

3 - c_reversal - https://tos.mx/3Y4SzHA


----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 1 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/Z4Z9lwv

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_supertrend_mobius

2 - VWAP

3 - c_Percent_Dif_MDA

4 - c_important_note

5 - reversal

6 - c_ascend_trading_auto_trendline_indicator

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 2 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/Gu7svrM

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_ALERT_3_MDA

2 - RSI

3 - c_reversal

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 3 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/8cV51gt

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_Percent_Dif_MDA

2 - c_mobius_supertrend_volume_waves_final

3 - c_reversal

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Group 4 - Screen shots in one whole group -listed by the order they're on my study set -

https://imgur.com/a/NFw43pc

----------------------------------------------------------------------------------------------------------------------------------------------------------------
Screenshots of individual studies - listed by the order they're in my study set.


1 - c_Percent_Dif_MDA

2 - c_mob_squeeze

3 - c_reversal

Wow. Much appreciate you sharing your setup. What is your bottom settings for the Mobius SuperTrend Volume Waves? Do you have any custom codes in that indcator?

 

[Mr_Wheeler]

Wow. Much appreciate you sharing your setup. What is your bottom settings for the Mobius SuperTrend Volume Waves? Do you have any custom codes in that indcator?

Sorry. I edited it. Thanks for the heads up.

https://tos.mx/9NHrd0z

 

[Mr_Wheeler]

Wow. Much appreciate you sharing your setup. What is your bottom settings for the Mobius SuperTrend Volume Waves? Do you have any custom codes in that indcator?

I have a complimentary scanner setup that uses c_Percent_Dif_MDA as a base for a column study/indicator.

https://usethinkscript.com/threads/...n-whether-its-above-or-below.8299/#post-78141

 

[magnatron]

Does anyone know how to interpret the volume waves? I am not able to figure out what they are showing and how to interpret the waves? Thanks in advance.

 

[ext99k]

Does anyone know how to interpret the volume waves? I am not able to figure out what they are showing and how to interpret the waves? Thanks in advance.

Simply have the indicator to paint the colors. Once they turn colors, say from green to red, it is a bearish sign. If they turn red to green = bullish

 

[FuturesTrader7]

Good morning traders,

Very interesting indicator. I was wondering if there is an upper chart indicator only? Were it solely changes the color of the candles and doesn't add a study to the bottom of my chart?

@MerryDay

 

[Ronin13]

@MerryDay thanks for your help.

Does anyone have any idea how to add an alert whenever the wave changes color in either direction? Thanks.

indeed, it would be very helpful if we could set an alert to sound off once each time the histogram changes color (either from green to red or vice versa).

i tried this but it didn't work right:

Alert(w1 and w2[1], “Buy Alert”, Alert.BAR, Sound.Ring);
Alert(w2 and w1[1], “Sell Alert”, Alert.BAR, Sound.Ring);

(there were no errors though, ToS accepted the above lines...)

can someone please assist?

thanks!

 

[agent]

Mobius Supertrend Volume Waves PLUS Welkin Volume Labels
Volume Waves present a simple visual picture. But I find I still want my volume statistics. So I added Welkin's Volume Statistics

# Mobius Supertrend Volume Waves PLUS Welkin Volume Labels
# V01.2020
# Plots Volume Waves based on trend.

declare lower;

input n = 6;
input AvgType = AverageType.HULL;
input ATRmult = .7;
def h = high;
def l = low;
def c = close;
def v = volume;

DefineGlobalColor("Ascending", CreateColor(0, 165, 0));
DefineGlobalColor("descending", CreateColor(225, 0, 0));
DefineGlobalColor("avg", Color.CYAN);
def ATR = MovingAverage(AvgType, TrueRange(h, c, l), n);
def DN = HL2 + (AtrMult * ATR);
def UP = HL2 + (-AtrMult * ATR);
def cond = if c < cond[1]
           then DN
           else UP;
def accumulation = cond == UP;
def distribution = cond == DN;
def w1 = if accumulation and !accumulation[1]
         then v
         else if accumulation
         then w1[1] + v
         else Double.NaN;
def w2 = if distribution and !distribution[1]
         then v
         else if distribution
         then w2[1] + v
         else Double.NaN;


plot waves1 = w1;
waves1.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
waves1.SetDefaultColor(GlobalColor("Ascending"));
waves1.SetLineWeight(5);
plot waves2 = w2;
waves2.SetPaintingStrategy(PaintingStrategy.HISTOGRAM);
waves2.SetDefaultColor(GlobalColor("Descending"));
waves2.SetLineWeight(5);
def SD = StDevAll(v);
plot avg = (HighestAll(w1/2)+highestAll(w2/2))/n ;
avg.SetDefaultColor(GlobalColor("avg"));
avg.SetLineWeight(3);
# End Code

#Advanced Volume Study
#[email protected]
#v5.22.2020

input AvgDayVolLength = 5;
input AvgVolLength = 20;
input ShowDayVolLabel = yes;
input ShowBarVolLabel = yes;
input ShowBuySellStrength = yes;

input VolAverageType = AverageType.SIMPLE;
input RelativetoPrevVolTolerance = 1.25; #if volume is 1.25x greater than previous bar it will paint even if it is still below the average/sigma2/sigma3

def NA = Double.NaN;
def PriceRange = high - low;
def TopShadowRange = if open >= close then high - open else high - close;
def BottomShadowRange = if open <= close then open - low else close - low;
def BodyRange = PriceRange - (TopShadowRange + BottomShadowRange);
def VolumeTopShadowValue = (1 - (TopShadowRange / PriceRange)) * volume;
def VolumeBottomShadowValue = ((BottomShadowRange / PriceRange) * volume);
def BodyRangeVolValue = ((BodyRange + BottomShadowRange) / PriceRange) * volume;
def DayVolAgg = if GetAggregationPeriod() < AggregationPeriod.DAY then AggregationPeriod.DAY else GetAggregationPeriod();

def DayVol = volume("period" = DayVolAgg);
def AvgDayVol = Average(DayVol, AvgDayVolLength);
def Start = 0930;
def End = 1600;
def conf = SecondsFromTime(Start) >= 0 and SecondsFromTime(End) <= 0;

plot VolColor = NA;
VolColor.DefineColor("Bullish", Color.GREEN);
VolColor.DefineColor("Bearish", Color.RED);
VolColor.DefineColor("VolAvg", CreateColor(0, 100, 200));
VolColor.DefineColor("VolSigma2", Color.DARK_ORANGE);
VolColor.DefineColor("VolSigma3", Color.MAGENTA);
VolColor.DefineColor("Relative to Prev", Color.YELLOW);
VolColor.DefineColor("Below Average", Color.GRAY);

#Current Candle Buy and Sell Strength
def BuyStr = ((close - low) / PriceRange) * 100;
def SellStr = ((high - close) / PriceRange) * 100;

def BuyVol =  (BuyStr / 100) * volume;
def SellVol = (SellStr / 100) * volume;

def Vol = volume;
def VolAvg = MovingAverage(VolAverageType, volume, AvgVolLength);

#2Sigma and 3Sigma Vol Filter
def Num_Dev1 = 2.0;
def Num_Dev2 = 3.0;
def averageType = AverageType.SIMPLE;
def sDev = StDev(data = Vol, length = AvgVolLength);

def VolSigma2 = VolAvg + Num_Dev1 * sDev;
def VolSigma3 = VolAvg + Num_Dev2 * sDev;


def RelDayVol = DayVol / AvgDayVol[1];
def RelPrevDayVol = DayVol / volume("period" = DayVolAgg)[1];
#Daily aggregation volume labels
AddLabel(if GetAggregationPeriod() >= AggregationPeriod.DAY then 0 else if ShowDayVolLabel then 1 else 0, "DayVol: " + DayVol + " / " + Round(RelDayVol, 2) + "x Avg(" + AvgDayVolLength + ") / " + Round(RelPrevDayVol, 2) + "x Prev", if DayVol > AvgDayVol then VolColor.Color("VolAvg") else VolColor.Color("Below Average"));

def RelVol = Vol / VolAvg[1];
def RelPrevVol = volume / volume[1];

#Triangle Vol Signal
def VolSignal = if Vol > VolSigma3 then volume else if Vol > VolSigma2 then volume else if Vol > VolAvg then volume else if RelPrevVol >= RelativetoPrevVolTolerance then volume else NA;

#current aggregation's volume labels
AddLabel(ShowBarVolLabel, "Vol: " + volume + " / " + Round(RelVol, 2) + "x Avg(" + AvgVolLength + ") / " + Round(RelPrevVol, 2) + "x Prev",  if Vol > VolSigma3 then VolColor.Color("VolSigma3") else if Vol > VolSigma2 then VolColor.Color("VolSigma2") else if Vol > VolAvg then VolColor.Color("VolAvg") else VolColor.Color("Below Average"));


DefineGlobalColor("LabelGreen",  CreateColor(0, 165, 0)) ;
#current candle Buy/Sell strength labels
AddLabel(if ShowBuySellStrength then 1 else 0, " ", Color.BLACK);
AddLabel(if ShowBuySellStrength then 1 else 0, "1", Color.GRAY);
AddLabel(if ShowBuySellStrength then 1 else 0, "Sell " + Round(SellStr, 2) + "%", if SellStr > BuyStr then Color.RED else Color.DARK_RED);
AddLabel(if ShowBuySellStrength then 1 else 0, "Buy " + Round(BuyStr, 2) + "%", if BuyStr > SellStr then GlobalColor("LabelGreen") else Color.DARK_GREEN);

Hi, can you explain the blue line thru the volumes in the indicator, is it 50% of the last 20 days?

 

[MerryDay]

Hi, can you explain the blue line thru the volumes in the indicator, is it 50% of the last 20 days?

He plots: the average of the HighestAll buying pressure plus the highestAll selling pressure divided by 2 over n periods to provide a visual representation of those spikes which are higher than average.

plot avg = (HighestAll(w1/2)+highestAll(w2/2))/n ;

 

[DB01]

Interesting study! Thanks! The Supertrend version I guess is to be used with the Supertrend indicator. Is it possible to scan for changes in the Volume Waves, when red changes to green and vice versa?

Did you ever get a scanner? Or a work-around?

 

[MerryDay]

Scanner Code for Mobius Volume Waves
@Tradervic @DB01 @evilsurgeon
Here is the scanner code. I DO NOT RECOMMEND USING A SCANNER WITH THIS INDICATOR!
Due to the way the code is written all scans will be delayed a minimum of at least one bar.
Also, this uses a huge amount of resources and you will be in danger of execution time-outs.
The use of any of the dozens of buy/sell pressure scans (for example: https://usethinkscript.com/threads/...essure-indicator-labels-for-thinkorswim.8466/) would be more timely and more efficient.

With the above caveats, here is the scanner code for Mobius Volume Waves:

# Mobius Volume Waves  *****  SCAN ONLY *****
# V01.2020
# Plots Volume Waves based on trend.
# 2.2022 modified into a scan script @merryday
input n = 6;
input AvgType = AverageType.HULL;
input ATRmult = .7;

def h = high;
def l = low;
def c = close;
def v = volume;
def ATR = MovingAverage(AvgType, TrueRange(h, c, l), n);
def DN = HL2 + (ATRmult * ATR);
def UP = HL2 + (-ATRmult * ATR);
def cond = if c < cond[1]
           then DN
           else UP;
def accumulation = cond == UP;
def distribution = cond == DN;
def w1 = if accumulation and !accumulation[1]
         then v
         else if accumulation
         then w1[1] + v
         else Double.NaN;
def w2 = if distribution and !distribution[1]
         then v
         else if distribution
         then w2[1] + v
         else Double.NaN;
def waves1 = w1;
def waves2 = w2;


plot Begin = IsNaN(waves2) and !IsNaN(waves2[1]) ;
plot End = isnan(waves1) and !isnan(waves1[1]) ;

# Alert
Alert(Begin, "Bull Begin", Alert.BAR, Sound.Chimes);
Alert(End, "Bear Begin", Alert.BAR, Sound.Ding);

 

[selfhigh05]

Scanner Code for Mobius Volume Waves
@Tradervic @DB01 @evilsurgeon
Here is the scanner code. I DO NOT RECOMMEND USING A SCANNER WITH THIS INDICATOR!
Due to the way the code is written all scans will be delayed a minimum of at least one bar.
Also, this uses a huge amount of resources and you will be in danger of execution time-outs.
The use of any of the dozens of buy/sell pressure scans (for example: https://usethinkscript.com/threads/...essure-indicator-labels-for-thinkorswim.8466/) would be more timely and more efficient.

With the above caveats, here is the scanner code for Mobius Volume Waves:

# Mobius Volume Waves  *****  SCAN ONLY *****
# V01.2020
# Plots Volume Waves based on trend.
# 2.2022 modified into a scan script @merryday
input n = 6;
input AvgType = AverageType.HULL;
input ATRmult = .7;

def h = high;
def l = low;
def c = close;
def v = volume;
def ATR = MovingAverage(AvgType, TrueRange(h, c, l), n);
def DN = HL2 + (ATRmult * ATR);
def UP = HL2 + (-ATRmult * ATR);
def cond = if c < cond[1]
           then DN
           else UP;
def accumulation = cond == UP;
def distribution = cond == DN;
def w1 = if accumulation and !accumulation[1]
         then v
         else if accumulation
         then w1[1] + v
         else Double.NaN;
def w2 = if distribution and !distribution[1]
         then v
         else if distribution
         then w2[1] + v
         else Double.NaN;
def waves1 = w1;
def waves2 = w2;


plot Begin = IsNaN(waves2) and !IsNaN(waves2[1]) ;
plot End = isnan(waves1) and !isnan(waves1[1]) ;

# Alert
Alert(Begin, "Bull Begin", Alert.BAR, Sound.Chimes);
Alert(End, "Bear Begin", Alert.BAR, Sound.Ding);

Did anyone get this scan to work? If I put this study on the chart it works however if I put it in the scan it returns no symbols found. Any help would be much appreciated. I have tried to get it to work for a few hours today with no luck.

 

[MerryDay]

Did anyone get this scan to work? If I put this study on the chart it works however if I put it in the scan it returns no symbols found. Any help would be much appreciated. I have tried to get it to work for a few hours today with no luck.

Shared Scan Link: http://tos.mx/25VFtfa Click here for --> Easiest way to load shared links