theheirophant

Leavitt Convolution & Acceleration by Cryptorhythms

Leavitt Projection, Convolution, & Acceleration by Cryptorhythms

Intro
Bringing you another open source Gem this time from the January 2020 Issue of TASC.

Description
In the article in the Oct 2019 TASC issue titled "An interplanetary marriage" author Jay Leavitt describes the evolution process required in strategy design by introducing his Mars strategy. This grew out of concepts presented in his earlier TASC articles such as the stratosphere, moon rocket, and tech emini strategies. This dual indicator uses a linear regression of price data to help derive slope and acceleration information, in turn helping him to identify trends and trend turning points.

Additions
As usual a few useful extras are included such as a rudimentary signaling system, bar coloration by trade state, overbought/oversold areas to assist in algorithmic setups, and more!

👍 We hope you enjoyed this indicator and find it useful! We post free crypto analysis, strategies and indicators regularly. This is our 71st script on Tradingview!

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Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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Comentários

Awesome! thank you!
+1 Resposta
cool, thanks for sharing
Resposta
Could you please explain how to interpret the curve and histogram?
Resposta
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