OPEN-SOURCE SCRIPT
Aroon with Correct Histogram
Updated
This is a correct Aroon Indicator with histogram and center line.
Release Notes
- Signal line, whic if above 50 it is bullish, if below, it is bearish trend. It is switched off by default, because the same information can be read from the histogram, but you can turn it on in settings if you like.
- Better naming in settings
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.
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