OPEN-SOURCE SCRIPT
Aroon Modified, ver. 3
Several views of Aroon Indicator - original, binarized, smoothed and differenced.
More 'readable' variations of this indicator will help to appreciate its role and integrate into trading strategies more readily.
***Added differenced Aroon view as well as corrected minor shortcomings***
More 'readable' variations of this indicator will help to appreciate its role and integrate into trading strategies more readily.
***Added differenced Aroon view as well as corrected minor shortcomings***
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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