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/
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 publication is governed by House rules. You can favorite it to use it on a chart.
Appreciation of my work: paypal.me/dman103
Premium Pivot Points Algo Indicator: tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Premium Pivot Points Algo Indicator: tradingview.com/script/LFBaHNuA-Pivot-Points-Algo/
LIVE Stream - Pivot Points Algo: youtube.com/channel/UCFyqab-i0xb2jf-c18ufH0A/live
Disclaimer
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