Vervoort Crossover - ThinkorSwim

August 20th, 2012, 09:46 PM

I was asked for this code after posting a reply to a CCI indicator thread.

This is the Vervoort Crossover which has arrows (red and green) when the lines crossover. If you recall the Vervoort Crossover uses TEMA.

The alert feature is changeable within the study properties from yes (pop-up window and sound alert) or no. This does not affect the arrows appearing on the chart.

Attached is the .ts file as well as a .txt for those who wish to look at the code before importing.

The thanks for the modified coding goes to Richard Houser, TOS_thinkscript yahoo group.

Yes, this is a plug for those who do no know of this group. Great group of traders willing to help each other.

December 4th, 2017, 09:16 AM

Can anyone please answer if this Vervoort study can be installed into StockHacker Thinkorswim to be used to scan my watchlists?
Thanks!

("Exactly One Plot Expected" is the message that stops the install.)

December 5th, 2017, 02:38 PM

Solved the problem and if anyone needs it, let me know. Thx

April 27th, 2018, 07:45 AM

DougN

Solved the problem and if anyone needs it, let me know. Thx

Hi Doug: Could you please send me a copy of this scan that you built. Thank you.

Regards
BJM

April 27th, 2018, 08:53 AM

Here is the script for a watchlist column...I have to search around for the scan but will post it when I locate it.

# VervoortCrossover
# (c) 2009 https://www.thinkscripter.com
# [email protected]
# Last Update 30 MAR 2009
# Tweaked by R Houseer August 2012
# RH_Vervoort_Channel_V2
# Buy scan - RH_Vervoort_Channel_V2().signalBuy #buy scan
# Sell scan - RH_Vervoort_Channel_V2().signalSell # sell scan
# Scan both - RH_Vervoort_Channel_V2().signalBuy or RH_Vervoort_Channel_V2().signalSell #scan for either
# Alerts added - option added to be turned on and off

input period = 55;
input alertsOn = yes;

def price = (high+low+close)/3;

#-----Typical Price ZeroLag Triple Exponential Moving Average

def TMA1 = 3 * ExpAverage(price, period)
- 3 * ExpAverage(ExpAverage(price, period), period)
+ ExpAverage(ExpAverage(ExpAverage(price, period)
, period), period);

def TMA2 = 3 * ExpAverage(TMA1, period)
- 3 * ExpAverage(ExpAverage(TMA1, period), period)
+ ExpAverage(ExpAverage(ExpAverage(TMA1, period)
, period), period);

def difference = TMA1 - TMA2;
def TypicalPriceZeroLagTEMA = TMA1 + difference;

#------Heikin-Ashi Close ZeroLag Triple Exponential Moving Average

rec haopen = compoundValue(1, ((open[1] + high[1]
+ low[1] + close[1]) / 4 + haopen[1]) / 2, hl2);
def haclose = ((open + high + low + close) / 4 + haopen
+ Max(high, haopen) + Min(low, haopen)) / 4;

def HATMA1 = 3 * ExpAverage(haclose, period)
- 3 * ExpAverage(ExpAverage(haclose, period), period)
+ ExpAverage(ExpAverage(ExpAverage(haclose, period)
, period), period);

def HATMA2 = 3 * ExpAverage(HATMA1, period)
- 3 * ExpAverage(ExpAverage(HATMA1, period), period)
+ ExpAverage(ExpAverage(ExpAverage(HATMA1, period)
, period), period);

def HAdifference = HATMA1 - HATMA2;

def HeikinAshiZeroLagTEMA = HATMA1 + HAdifference;

def buySignal = if TypicalPriceZeroLagTEMA > HeikinAshiZeroLagTEMA and TypicalPriceZeroLagTEMA[1] <= HeikinAshiZeroLagTEMA[1] then 1 else 0;

def sellSignal = if TypicalPriceZeroLagTEMA < HeikinAshiZeroLagTEMA and TypicalPriceZeroLagTEMA[1] >= HeikinAshiZeroLagTEMA[1] then 1 else 0;

def signalBuy = if buySignal then TypicalPriceZeroLagTEMA * 0.999 else double.nan;

def signalSell = if sellSignal then TypicalPriceZeroLagTEMA * 1.0015 else double.nan;

# coding addition by @DTWCoachandDude on Twitter
# https://www.stocktwits.com:443/DTWCoachandDude/ �
# https://www.facebook.com/DTWCoachandDude/ �
# https://www.twitter.com/DTWCoachandDude/ �

plot SignalPlot =
if buySignal
then TypicalPriceZeroLagTEMA * 0.999
else if sellSignal
then TypicalPriceZeroLagTEMA * 1.0015
else double.nan;
SignalPlot.assignvalueColor(
if buySignal
then color. black
else if sellSignal
then color. black
else color. black);

assignbackgroundColor(
if buySignal
then color. green
else if sellSignal
then color. red
else color. black);

April 27th, 2018, 01:31 PM

DougN

Here is the script for a watchlist column...I have to search around for the scan but will post it when I locate it.

Thanks much, Doug!

regards
BJM

April 27th, 2018, 03:14 PM

Im sorry but I have lost the script for scan.

April 28th, 2018, 07:04 AM

DougN

Im sorry but I have lost the script for scan.

Thanks for looking! Appreciate it!

Vervoort Crossover - ThinkorSwim

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Vervoort Crossover - ThinkorSwim