First off, the most fundamental requirement for the motionless hover is a stable body position -- flat from shoulders to knees, with arms and legs put where they need to be to finish off the balance of the diver/equipment system.
Then, you have to have the weights perfectly balanced, and the point about tank position is a good one. I know EXACTLY where the cambands go on my tanks -- but if I mess up a bit, I can move arms and legs to compensate.
If there is significant water movement, you can't be perfectly still. But in quiet water, it is very possible. Watch
THIS video and watch for the diver in the background in the yellow fins. That's me, holding a camera. Doing photography is one of the times when being perfectly still is REALLY useful, especially if you are photographing very close to the bottom. Another is any time you are doing a task like screwing in an auger, or putting in a tie-off, or marking a line.
I suspect, since you have taken the time to balance your equipment, that all you need is to fine-tune your limb position, and practice. I spend time on just about every dive, sitting still and looking at something. I don't consciously PRACTICE stillness, but in a sense I do, because I need to be still!
(BTW, when I did my cavern tours with Danny Riordan years ago, my phrase for Danny was that he was "negative space in the water". He never, ever moved if he didn't want to. To this day, that awes me.)