Leavitt Convolutions Multicator - Jay Leavitt, Ph.D.

15 dic 2019

Hot off the press, I present this next generation "Leavitt Convolutions Multicator" employing PSv4.0, originally formulated by Jay Leavitt, Ph.D. for TASC - January 2020 Traders Tips. Basically it's an all-in-one combination of three Leavitt indicators. This triplet indicator, being less than a 60 line implementation at initial release, is a heavily modified version of the original indicator using novel techniques, surpassing Leavitt's original intended design.

Utilizing the "Power of Pine", I included the maximum amount of features I could surmise in an ultra small yet powerful package. Configurations are displayed above in multiple scenarios that should be suitable for most traders.

Features List Includes:
Dark Background - Easily disabled in indicator Settings->Style for "Light" charts or with Pine commenting
AND much, much more... You have the source!

For those of you who are new to Pine Script, this script may also help you understand advanced programming techniques in Pine and how they may be utilized in a most effective manner. Most notably, the script shows how to potentially combine three indicators in one with Pine. This is commonly what my dense intricate code looks like behind the veil, and if you are wondering why there is no notes, that's because the notation is in the variable naming.

The comments section below is solely just for commenting and other remarks, ideas, compliments, etc... regarding only this indicator, not others. When available time provides itself, I will consider your inquiries, thoughts, and concepts presented below in the comments section, should you have any questions or comments regarding this indicator. When my indicators achieve more prevalent use by TV members, I may implement more ideas when they present themselves as worthy additions. As always, "Like" it if you simply just like it with a proper thumbs up, and also return to my scripts list occasionally for additional postings. Have a profitable future everyone!

24 dic 2019

Note di rilascio

Added Leavitt Projection along with plotcandle(). Provided independent inputs() for the different algorithms. Also, I dramatically improved the visual appeal with some color finesse.