OPEN-SOURCE SCRIPT
Aroon Variant
Arron Variant is based on the original Arron but with a twist, Arron Variant measures the difference between highs and lows over a time period, opposed to the original Arron who measures the time (bars) between highs and lows over a time period.
Also added a few optional moving averages like EMA, HMA and JMA. (Default JMA - Jurik Moving Average)
===== Color Explained =====
Bright Green: Column is above zero and ascending or equal from previous column. (Stronger uptrend)
Darker Green: Column is above zero and descending or equal from previous column. (Weakening uptrend)
Bright Red: Column is below zero and descending or equal from previous column. (Stronger downtrend)
Darker Green: Column is below zero and ascending or equal from previous column. (Weakening downtrend)
==== Notes =====
Support different multi time frames (recommended to use higher time frames than chart time frame to avoid unrealistic results)
Bar colors are disabled by default.
For other coders: Using Latest Pinescript color framework (Link in code)
Like if you Like and Follow me for upcoming indicators/strategies: tradingview.com/u/dman103/
Also added a few optional moving averages like EMA, HMA and JMA. (Default JMA - Jurik Moving Average)
===== Color Explained =====
Bright Green: Column is above zero and ascending or equal from previous column. (Stronger uptrend)
Darker Green: Column is above zero and descending or equal from previous column. (Weakening uptrend)
Bright Red: Column is below zero and descending or equal from previous column. (Stronger downtrend)
Darker Green: Column is below zero and ascending or equal from previous column. (Weakening downtrend)
==== Notes =====
Support different multi time frames (recommended to use higher time frames than chart time frame to avoid unrealistic results)
Bar colors are disabled by default.
For other coders: Using Latest Pinescript color framework (Link in code)
Like if you Like and Follow me for upcoming indicators/strategies: tradingview.com/u/dman103/
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Script de código aberto
Em verdadeiro espírito do TradingView, o criador deste script o tornou de código aberto, para que os traders possam revisar e verificar sua funcionalidade. Parabéns ao autor! Embora você possa usá-lo gratuitamente, lembre-se de que a republicação do código está sujeita às nossas Regras da Casa.
Appreciation of my work: paypal.me/dman103
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
All Premium indicators: algo.win
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Aviso legal
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.