MTF 12hr Label

[Erik16]

So I came up with the attached script which works well on a Day timeframe. My question is can I use this on a 12 Hour period instead of a Day. I search all over and I couldn't find the answer.

Thanks

input timeFrame = AggregationPeriod.DAY;
input maLengthOne = 20;
input maTypeOne = AverageType.HULL;
def maOne = MovingAverage(maTypeOne, close(period = timeFrame), maLengthOne);
rec trackDirection = if maOne > maOne[1] then 1 else -1;
AddLabel(yes, "D-HMA", if trackDirection > 0 then Color.GREEN else Color.RED);

 

[FutureTony]

So I came up with the attached script which works well on a Day timeframe. My question is can I use this on a 12 Hour period instead of a Day. I search all over and I couldn't find the answer.

Thanks

input timeFrame = AggregationPeriod.DAY;
input maLengthOne = 20;
input maTypeOne = AverageType.HULL;
def maOne = MovingAverage(maTypeOne, close(period = timeFrame), maLengthOne);
rec trackDirection = if maOne > maOne[1] then 1 else -1;
AddLabel(yes, "D-HMA", if trackDirection > 0 then Color.GREEN else Color.RED);

You are stuck using the TOS built-in aggregations. So need to use 4h or daily as your closest options. I would suggest you could try 4h and then try to change the length to simulate the 12h hull. Good luck!

 

[Erik16]

Thanks.