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
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Appreciation of my work: paypal.me/dman103
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LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
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Aviso legal
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