Vivot Cross - Extension - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources

Sylvain Vervoort's article "The Quest For Reliable Crossovers" in the May 2008 issue of TASC describes a trading system based on three functions: Triple Exponential Moving Average (TMA), Average Closing Price (HAC) and "Typical Price" (Typical Price). Vervoort's strategy is a typical cross strategy price and average ashi TMA

In order to make it easier to spot trend changes, this version was made with color changes of the "fast" and "slow" lines as well as arrows showing the direction of the trend.

You can use color changes or arrows as signals

Vervoort's cross indicator "calculates" the lagging ashi "average" of heiken: price, so if you want to change more it is recommended to try different time periods and different price types. For trying the full set of heiken ashi prices is offered:

Attachment download

📎 vervoort_crossover_extended.mq5 (18.98 KB)

Source: MQL5 #23743