Vervoort Crossover Histogram Using Heikin-Ashi Prices
Summary
This histogram indicator presents trend changes from a crossover approach attributed to Sylvain Vervoort. The described system compares a triple exponential moving average of typical price with a triple exponential moving average of the Heikin-Ashi close. The histogram’s color changes are offered as a way to spot potential changes in direction.
The indicator also allows users to choose among several Heikin-Ashi price series, including open, high, low, median, typical, weighted, average, median body, and a trend-biased price. Because the method depends on the lag of the selected Heikin-Ashi average, changing the price input or periods may alter its behavior. The document gives no entry and exit specifications, market examples, backtest, or performance statistics. Its color changes are best treated as a visual signal for investigation, and the author recommends experimenting with settings.
Key ideas
- The crossover compares smoothed typical price with a smoothed Heikin-Ashi price series.
- A histogram display is intended to make potential trend changes easier to see.
- Color changes can be used as visual signals.
- Users can select among multiple Heikin-Ashi price definitions.
- Changing price types or periods may affect lag, and the document supplies no performance evidence.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.