OPEN-SOURCE SCRIPT
[blackcat] L1 Leavitt Convolution Slope
Level 1
Background
First of all, I would like to thank ashok1961 for his donation. Second, he made an interesting request: can I write a pine version of LeavittConvSlope.
Function
The indicator uses linear regression of price data to derive slope and acceleration information that helps traders spot trends and turning points. After trying this metric myself, I think it works better with the divergence detector. So I added it. Let me know what you think of this divergence detector.
Remarks
Feedbacks are appreciated.
Background
First of all, I would like to thank ashok1961 for his donation. Second, he made an interesting request: can I write a pine version of LeavittConvSlope.
Function
The indicator uses linear regression of price data to derive slope and acceleration information that helps traders spot trends and turning points. After trying this metric myself, I think it works better with the divergence detector. So I added it. Let me know what you think of this divergence detector.
Remarks
Feedbacks are appreciated.
Skrip open-source
Dengan semangat TradingView yang sesungguhnya, penulis skrip ini telah menerbitkannya sebagai sumber terbuka, sehingga para trader dapat memahami dan memverifikasinya. Hormat untuk penulisnya! Anda dapat menggunakannya secara gratis, namun penggunaan kembali kode ini dalam publikasi diatur oleh Tata Tertib. Anda dapat memfavoritkannya untuk digunakan pada chart
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