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TheBacktestGuy

Aroon with Correct Histogram

TheBacktestGuy Updated   
Oscillators Centered Oscillators Trend Analysis Aroon histogram
301
5
oscillator centeredoscillator trendanalysis aroon histogram
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 a publication is governed by House Rules. You can favorite it to use it on a chart.

Disclaimer

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