Name That Indicator, Please Help!

[horserider]

I have noticed a lot of people want to use only arrows as signals to trade. Some fancy dan arrow studies have shown up. So can anyone identify this "super duper complicated" arrow indicator.

There is a hint in the text above.

 

[fryguy]

Any ideas which indicator this might be ?

Thanks

 

[graf]

Vervoort CrossOver, I think?

 

[Raise]

Does anyone know what study/script/indicator is this on thinkorswim platform ? It’s basically the arrow buy/sell signal. It’s not SMA/EMA crossover for sure. Ans or any help identifying this indicator/study would be greatly appreciated!

 

[Topas]

Looks like hull moving averages with buy and sell signal arrow

 

[Raise]

Looks like hull moving averages with buy and sell signal arrow

Thanks for the replay brotha! But I have tried few hull moving avg with buy/sell signals. But couldn’t found the exact one which is in this pic. They were different than this one. And also the study inputs aren’t the same which appears next to the study name on top of the chart inside the parentheses.

 

[MerryDay]

@Raise the inputs at the top of the charts are the Hull MA inputs but restricted to the trading hours shown.

 

[samosa]

Hi all,

Im trying to figure what indicator the dotted Purple lines are. From what Ive been told, the dotted Purple lines are Value Area Highs/Lows for YTD. And the Green and Red dotted lines are Value Area Highs/Lows for OpEx Cycles. I still cannot find out how to do this on TOS. Any help?

 

[MerryDay]

Hi all,

Im trying to figure what indicator the dotted Purple lines are. From what Ive been told, the dotted Purple lines are Value Area Highs/Lows for YTD. And the Green and Red dotted lines are Value Area Highs/Lows for OpEx Cycles. I still cannot find out how to do this on TOS. Any help?

There isn't really anyway to tell

 

[Montana101x]

Does anyone know what study/script/indicator is this on thinkorswim platform ? It’s basically the arrow buy/sell signal. It’s not SMA/EMA crossover for sure. Ans or any help identifying this indicator/study would be greatly appreciated!

I saw this indicator long time ago here on Reddit

https://www.reddit.com/r/thinkorswim/comments/okl8au

We have many master scripture here and hopefully someone can crack the code that would be nice..... Let see how can show some skills....

 

[Montana101x]

There's also another indicator all over the google image when you type TOS script indicator and this pop...
Any gangster here can crack the code that would be nice.....

 

[dmaffo]

Saw the video and would like to try it but none of my vol indicators lome up.

Thanks

 

[JoeSD]

Would also love to know what this indicator is...

 

[Pensar]

@dmaffo @JoeSD Looks like two moving averages (probably EMAs) with a colored cloud based on the MA cross.

 

[dmaffo]

If anyone can figure it out be great. Seems good for anyone wanting to follow simple chart layout.

 

[MerryDay]

If anyone can figure it out be great. Seems good for anyone wanting to follow simple chart layout.

I agree w/ Pensar. It is a Moving Average cross. You can find dozens of them here:
https://usethinkscript.com/threads/moving-average-crossovers.229/
Moving Averages have their caveats:
https://www.investopedia.com/articles/trading/11/pitfalls-moving-averages.asp


There is nothing further anyone can tell you from an image.

 

[Investingtogive]

I also have been intrigued by this indicator and his claims (Dyno Trading).
I tried to contact him to ask questions but he was very short and rude with me. Just wanted to sell his product. It maybe legit, who knows.
He does not have very good reviews. Just warning you to be cautious - If it sounds too good to be true, it probably is.

Here is a link to another chat line that shows the chart comparison. Scroll down to member "erwinbeckers" and his 2nd post:
https://futures.io/trading-reviews-vendors/57019-volume-analysis-dyno-trading.html

 

[Investingtogive]

I was able to recreate a close representation of the Dyno Trading Volume indicator (Which I do not believe is based on volume but a Linear Regression crossover). I saw an article from Lizard Indicators (Link provided in the commented section of the code) and basically recreated their version in TOS and it looks fairly close.
Please review and let me know what you think. I also combine this with the VWAP and 200 EMA. The bars are color coded and this does not repaint. Green bars = Buy, Red bars = Sell and Yellow bars = Stay out (Neutral).


# LinearRegCh100 RegressionDivergence - Trigger Lines - Trend Cross
# From Lizard Indicators Link: https://www.lizardindicators.com/trigger-lines-cross-vs-thrust/
# Line #1 - Fast = LinReg (80)
# Line #2 - Slow = EXPEMA[LinReg (80)]


input price = close;
input displace = 0;
input LinRegLength = 80;
input EMAlength = 20;

#Definitions
def LinReg = Inertia(price[-displace], LinRegLength);
def EMA_LR = ExpAverage(LinReg[-displace], EMAlength);
def Body = (open + close)/2;

# Defining Long/Short Filters (these instructions determine entries / exits)
# Entry Requirements
def Long_Entry = close > LinReg and close > EMA_LR and body > LinReg and body > EMA_LR and close > high[1] and body > body[1];
# LinReg > LinReg[1] and
def Long_Stay_In = close > LinReg and close > EMA_LR;
def Long_Exit = (close < LinReg or close < EMA_LR) or Long_Stay_In == 0;
def Long_State = If Long_Entry then 1 else if Long_Exit then 0 else Long_State[1];
plot Long = Long_State;

# Exit Requirements
def Short_Entry = close < LinReg and close < EMA_LR and body < LinReg and body < EMA_LR and close < low[1] and body < body[1];
# LinReg < LinReg[1] and
def Short_Stay_In = close < LinReg and close < EMA_LR;
def Short_Exit = (close > LinReg or close > EMA_LR) or Short_Stay_In == 0;
def Short_State = If Short_Entry then 1 else if Short_Exit then 0 else Short_State[1];
plot Short = Short_State;

#Adding Linear Regression Plots
plot LR = LinReg;
LR.SetDefaultColor(Color.BLUE);
plot EMA_LinReg = EMA_LR;

# Coloring Bars
AssignPriceColor(if Long_State then Color.GREEN else if Short_State then Color.RED else Color.Yellow);

DefineGlobalColor("Bullish", Color.Green);
DefineGlobalColor("Bearish", Color.Red);
AddCloud(EMA_LR, LinReg, GlobalColor("Bearish"), GlobalColor("Bullish"));


# End

 

[Investingtogive]

 

[MerryDay]

This thread is locked. Discussion has been moved to:
https://usethinkscript.com/threads/dyno-trading-volume-indicator-for-thinkorswim.10180/

 

[teemoo]

The small horizontal blue lines that appear above or below every bar. It looks like a trailing stop, but every one I've used doesn't look quite like this. Does anyone recognize it?