AroonThe Aroon line in this indicator is an average between the 2 original Aroon lines.
Green = Buy
Purple = Sell
Cerca negli script per "aroon"
Aroon ForLoop [InvestorUnknown]Overview
The Aroon ForLoop indicator is designed to calculate an array of Aroon values over a range of lengths, providing trend signals based on various moving averages. It offers flexibility with different signal modes and visual customizations.
User Input
Start Length (a) and End Length (b): Defines the range for calculating Aroon values.
MA Type (maType) and MA Length (c): Selects the moving average type (EMA, SMA, WMA, VWMA, TMA) and its length.
Calculation Source (s): Specifies the data source for calculations.
Signal Mode (sigmode): Offers options like Fast, Slow, Thresholds Crossing, and Fast Threshold to generate signals.
Thresholds: Configures long and short thresholds for signal generation.
Visualization Options: Customizes bull and bear colors, and enables/disables bar coloring.
Alert Settings: Chooses whether to wait for bar close for alert confirmation.
Signal Calculation
Signal Mode (sigmode): Determines the type of signal generated by the indicator. Options are "Fast", "Slow", "Thresholds Crossing", and "Fast Threshold".
1. Slow: is a simple crossing of the midline (0).
2. Fast: positive signal depends if the current MA > MA or MA is above 0.99, negative signals comes if MA < MA or MA is below -0.99.
3. Thresholds Crossing: simple ta.crossover and ta.crossunder of the user defined threshold for Long and Short.
4. Fast Threshold: signal changes if the value of Aroon MA changes by more than user defined threshold against the current signal
col1 = MA > 0 ? colup : coldn
var color col2 = na
if MA > MA or MA > 0.99
col2 := colup
if MA < MA or MA < -0.99
col2 := coldn
var color col3 = na
if ta.crossover(MA,longth)
col3 := colup
if ta.crossunder(MA,shortth)
col3 := coldn
var color col4 = na
if (MA > MA + fastth)
col4 := colup
if (MA < MA - fastth)
col4 := coldn
color col = na
if sigmode == "Slow"
col := col1
if sigmode == "Fast"
col := col2
if sigmode == "Thresholds Crossing"
col := col3
if sigmode == "Fast Threshold"
col := col4
else
na
Visualization Settings
Bull Color (colup): The color used to indicate bullish signals.
Bear Color (coldn): The color used to indicate bearish signals.
Color Bars (barcol): Option to color the bars based on the signal.
Custom Function
AroonForLoop: Calculates Aroon values over the specified range, determines the trend, and averages the results using the chosen moving average type.
AroonForLoop(a, b, c) =>
var SignalArray = array.new_float(b - a + 1, 0.0)
for x = 0 to (b - a)
len = a + x
upper = 100 * (ta.highestbars(high, len + 1) + len)/len
lower = 100 * (ta.lowestbars(low, len + 1) + len)/len
trend = upper > lower ? 1 : -1
array.set(SignalArray, x, trend)
Avg = array.avg(SignalArray)
float MA = switch maType
"EMA" => ta.ema(Avg, c)
"SMA" => ta.sma(Avg, c)
"WMA" => ta.wma(Avg, c)
"VWMA" => ta.vwma(Avg, c)
"TMA" => ta.trima(Avg, c)
=>
runtime.error("No matching MA type found.")
float(na)
Important Considerations
Fast Responses: The Aroon ForLoop indicator is designed for quick identification of trend changes, making it ideal for fast-paced trading environments.
Moving Average Types: Supports various MA types (EMA, SMA, WMA, VWMA, TMA) for adaptable smoothing of trend signals.
Combination with Other Indicators: For more reliable signals, use this indicator in conjunction with other technical indicators.
Aroon Buy & Sell (Custom TFs)Here's a detailed explanation of your Pine Script titled "Aroon Buy & Sell (Custom TFs)":
🧠 Strategy Overview:
This script generates buy and sell signals using the Aroon indicator across two different timeframes:
* One for detecting the primary trend (Trend Timeframe)
* One for confirming precise entry signals (Signal Confirmation Timeframe)
📊 Key Components:
1. User Inputs
* trendTF: The timeframe used to determine overall trend direction (e.g., 5-minute).
* signalTF: The faster timeframe for confirming trade signals (e.g., 1-minute).
* aroonLength: Lookback period for the Aroon calculation (default 14).
* cooldownPeriod: Number of bars to wait before allowing a new signal.
2. Aroon Calculation Function
Calculates Aroon Up and Aroon Down values using the number of bars since the highest high and lowest low.
3. Multi-Timeframe Aroon Values
Uses request.security to compute Aroon values on both trendTF and signalTF.
4. Trend Detection
* A bullish trend is defined when Aroon Up crosses above Aroon Down on the trend timeframe.
* A bearish trend is defined when Aroon Down crosses above Aroon Up.
5. Signal Logic
* Buy Signal: When the overall trend is bullish and Aroon Down = 100 on the signal timeframe.
* Sell Signal: When the trend is bearish and Aroon Up = 100 on the signal timeframe.
6. Cooldown Mechanism
Prevents back-to-back signals by enforcing a cooldown (e.g., 20 bars) after each buy/sell.
7. Signal Plotting & Alerts
Plots buy/sell signals directly on the chart and supports alerts for automation.
📈 Visual Output:
* BUY label below the bar when buy conditions are met.
* SELL label above the bar when sell conditions are met.
🔔 Alerts:
Two alertconditions are defined to trigger alerts whenever a buy or sell signal occurs.
Aroon VariantArron 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: www.tradingview.com
TheATR: Aroon Oscillator.Aroon Oscillator (AO).
The Aroon Oscillator, was developed by Tushar Chande, in 1995, to highlight the start of a new trend and to measure trend strength.
I re-branded a bit the whole thing, If you are familiar with how this Oscillator usually is, you are going to notice the differences.
Aroon Oscillator Components.
1 - Aroon Up -> Bullish Directional Component, highlighted in blue.
2 - Aroon Down -> Bearish Directional Component, highlighted in purple.
We also have the Oscillators static thresholds, which are:
- 0 Line.
- 100 Line.
- Exit Signal Line Level.
How to read the Aroon Oscillator.
The AO main goal, is to identify the trend from its first stages, to then come up with how strong that trend is.
So, classic interpretation for the AO would be:
-Aroon Up>Aroon Down = Bull Scenario.
-Aroon Up<Aroon Down = Bear Scenario.
There's also a filter I added, called "Weak Spots Filter". It's purpose goes alongside with how the Aroon present its signals, which a big spike, that usually reaches the top range of the Oscillator, for both Long and Short cases.
So, if the momentum of the market fails to push the Aroon up to a specific level (Exit Signal Line Level), the Filter says market's not strong, and therefore signal is not valid.
The same level (Exit Signal Line Level) allows the user to set Exit Signals for the AO.
I found Exit Signal extremely powerful in this oscillator, as they way they're structured aims to capture the slow down of the trend, which may be followed by the market reversing.
TheATR Documentation regarding TheATR: Aroon Oscillator.
I pretty much already say what I love about the Aroon: It's Exit Signals.
Those are the most valuable part of the Oscillator, by far, in my opinion.
Also, I noticed it gives nice trend recognition when the lenght it's set to
big number (from 150 to 200, for ex).
But. I would never use JUST the Aroon, to decide when to enter and exit the market.
I think it may be an outstanding player if its in a team, where it should play a defensive role.
But that's just my way of using it. I wish you find profitable ways too!
Thanks for reading,
TheATR.
Aroon Histogram + CMO [ChuckBanger]This is a combination of Aroon and Chande Momentum Oscillator . I made a histogram of Aroon , aqua line is Chande Momentum and the orange line are a simple moving average of Chande Momentum as a signal line.
One strategy you can use this for is to buy or sell when the signal line crosses the CM line or you can buy and sell when CM line is highest or lowest
You should also study how the indicators work separately:
Aroon Oscillator
www.investopedia.com
Chande Momentum Oscillator
www.investopedia.com
Aroon OscillatorThis indicator is aimed towards people who like Aroon.
The indicator produces the same signals as Aroon, but presents them in columns.
Enjoy guys!
Aroon and ASH strategy - ETHERIUM [IkkeOmar]Intro:
This post introduces a Pine Script strategy, as an example if anyone needs a push to get started. This example is a strategy on ETH, obviously it isn't a good strategy, and I wouldn't share my own good strategies because of alpha decay. This strategy combines two technical indicators: Aroon and Absolute Strength Histogram (ASH).
Overview:
The strategy employs the Aroon indicator alongside the Absolute Strength Histogram (ASH) to determine market trends and potential trade setups. Aroon helps identify the strength and direction of a trend, while ASH provides insights into the strength of momentum. By combining these indicators, the strategy aims to capture profitable trading opportunities in Ethereum markets. Normally when developing strats using indicators, you want to find some good indicators, but you NEED to understand their strengths and weaknesses, other indicators can be incorporated to minimize the downs of another indicator. Try to look for synergy in your indicators!
Indicator settings:
Aroon Indicator:
- Two sets of parameters are used for the Aroon indicator:
- For Long Positions: Aroon periods are set to 56 (upper) and 20 (lower).
- For Short Positions: Aroon periods are set to 17 (upper) and 55 (lower).
Absolute Strength Histogram (ASH):
ASH is calculated with a length of 9 bars using the closing price as the data source.
Trading Conditions:
The strategy incorporates specific conditions to initiate and exit trades:
Start Date:
Traders can specify the start date for backtesting purposes.
Trade Direction:
Traders can select the desired trade direction: Long, Short, or Both.
Entry and Exit Conditions:
1. Long Position Entry: A long position is initiated when the Aroon indicator crosses over (crossover) the lower Aroon threshold, indicating a potential uptrend.
2. Long Position Exit: A long position is closed when the Aroon indicator crosses under (crossunder) the lower Aroon threshold.
3. Short Position Entry: A short position is initiated when the Aroon indicator crosses under (crossunder) the upper Aroon threshold, signaling a potential downtrend.
4. Short Position Exit: A short position is closed when the Aroon indicator crosses over (crossover) the upper Aroon threshold.
Disclaimer:
THIS ISN'T AN OPTIMAL STRATEGY AT ALL! It was just an old project from when I started learning pine script!
The backtest doesn't promise the same results in the future, always do both in-sample and out-of-sample testing when backtesting a strategy. And make sure you forward test it as well before implementing it!
Aroon Strategy long onlyThis is a simple long only strategy made of Aroon and Least Square moving average.
The rules are simple:
Long entry = crossover of upper part with the lower part from aroon and close of the candle is above the moving average
Long exit = crossunder of upper part with the lower part from aroon and close of the candle is below the moving average
IF you have any questions let me know !
Aroon Indicator New with Middle Line @ BashiThis Indicator Includes 50 , 30 and 70 Line which you can use for determine the trend strongness.
Aroon Crossing Alerts This script sends alerts when the aroon lines cross each other, the messages are in Spanish.
Time Price IndicatorIntroduction
There are already several indicators who measure the time behavior relative to price, the most well know being the Aroon indicator published by Tushar Chande. I propose an alternative indicator TPI who tend to create less whipsaw's at the cost of small reactivity.
The Indicator
The TPI is in a range of 0.5/-0.5 and is no different than the Aroon indicator when it come to signal generation, when the upper line (in blue) crossover the lower line (in orange) the indicator generate a buy signal, when the lower line cross under the upper line a sell signal is generated.
Comparison
The Aroon indicator tend to use more information which involve more reactivity but more uncertainty as well.
Aroon and TPI with both length = 50. White lines represent signals where the Aroon and my proposed indicator react at the same time, the red line show a whipsaw and the green line show a signal generated faster by the Aroon.
Here is a more pertinent exemple
Aroon reacted to price range which at the end involved many whipsaw, the TPI however stayed on a sell signal and did not reacted to this price range. The cost to avoid so many whipsaw was a reactivity of 7 bars back when the sell signal of the TPI was generated.
A statistic of the signal numbers generated by both indicator is shown below
The blue line show the number of signals generated by the Aroon indicator and in orange the number generated by the TPI with both length = 14. Aroon generated 410 while the TPI generated 288 signals.
Conclusion
The Aroon indicator and TPI can both generate a signal at the same time or with a small period deviation with the ability of the TPI to avoid some whipsaw.
APEX - Aroon / Aroon Oscillator [v1]Simple Script that combines Aroon and Aroon Oscillator with MTF functionality for APEX.
Aroon
The Aroon also know as Aroon Up/Down will help you determine the trend of the asset of if the asset is ranging. The indicator consists of two lines the AroonDown and the Aroon Up.When Aroon Up reaches 100, a new uptrend may have begun. If it remains persistently between 70 and 100, and the Aroon-Down remains between 0 and 30, then a new uptrend is underway.If the Aroon-Up crosses above the Aroon-Down, then a new uptrend may start soon. Conversely, if Aroon-Down crosses above the Aroon-Up, then a new downtrend may start soon. When Aroon-Up reaches 100, a new uptrend may have begun. If it remains persistently between 70 and 100, and the Aroon-Down remains between 0 and 30, then a new uptrend is underway.
Aroon Oscillator
The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison, but chartists can also view the difference between these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line. An upward trend bias is present when the oscillator is positive, while a downward trend bias exists when the oscillator is negative.
Configurable BB+RSI+Aroon strategy backtest for binary optionsI wanted to share this strategy that I use myself for binary options trading. After trading binary options for several years I have learned that every single day is unique... assets behave differently every single day. So, when I start the day I want to know which is the optimum combination of parameters in my indicators that will give me the signals I want during the day and I get that by doing a quick backtest of the parameters combination in a specific asset that same day. When trading Binary Options I usually do 3 or 4 trades max per day and, yes, there are moments in which even with the right backtest data the signals fail (I strongly believe that there is no strategy that guarantees 100% success in any type of trade, and this one here is not an exception - but has worked well with some assets). So, here is my contribution to improve your productivity by automating a bit that backtesting part.
How this script works?
It is a simple price crossunder / crossover Bollinger Bands (BB) with a confirmation from RSI overbought / oversold signals and a fast Aroon. You will see the BB plotted with its confirmations:
(1) a blue circle that plots in the chart when the price is coming back inside the channel (within the Bollinger Bands)
(2) an orange square that plots in the chart when the RSI is coming back from the overbought or oversold areas
(3) a triangle that could be red or green depending on the Aroon confirmation: Red if Aroon Down is crossing down Aroon Up or green if vice versa.
The strategy will call for long (Call) if:
(1) the price is crossing over the lower band of the Bollinger Bands, coming back inside the channel
(2) Aroon Up is crossing or has crossed above Aroon Down
(3) RSI is crossing over the oversold limit
Consequently, the strategy will call for a short (Put) if:
(1) the price is crossing down the upper band of the Bollinger Bands, coming back inside the channel
(2) Aroon Down is crossing or has crossed below Aroon Up
(3) RSI is crossing under the overbought limit
You can configure:
1. Aroon length (keep it as fast as possible: 3, 4 or 5 are recommended values)
2. The point where Aroon Up and Aroon Down cross to make the signal valid (50 is by default. It could also be 25 or 75)
3. The RSI length
4. RSI Overbought and Oversold limits (they do not need to be symmetric: you can use 29 and 93, for example)
5. Bollinger Bands length and standard deviation
6. Number of bars to keep your option open. Depending on the timeframe used, this will determine the time you will keep your binary option open. If you are in a 1 min chart and keep this parameter in 3, then you will need to configure your binary option to expire in 3 minutes.
How to evaluate your backtest?
In Binary Options you only need the success rate, so what I do is that when I am manually updating the parameters I keep my strategy tester window open checking the winning trades vs losing trades ratio ("Percent Profitable"). I personally will only keep an asset monitored looking for signals that day if the Percent Profitable on the backtest of the same day is above 80%.
Regarding the code: it is open, public and free. No need to ask for permission if you want to copy+paste and use it in whole or parts.
Happy pip hunting!
-marco
Arron Meter With Alerts [Skiploss]Arron Meter With Alerts is an indicator to identify the trend, and a meter shows the percentage of AroonUP and AroonDown.
Alert Settings
It will be part of a display of bullish and bearish signals by using the condition of the upper line cross lower line and HMA 200 cross under/over EMA 12, and also upper/lower line must be higher than 70%
[blackcat] L2 Aroon13Level 2
Background
The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area.
Function
Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. This is a traditional aroon indicator with length == 13, which exhibit good performance.
Remarks
Feedbacks are appreciated.
Zig Zag + Aroon StrategyBelow is a trading strategy that combines the Zig Zag indicator and the Aroon indicator. This combination can help identify trends and potential reversal points.
Zig Zag and Aroon Strategy Overview
Zig Zag Indicator:
The Zig Zag indicator helps to identify significant price movements and eliminates smaller fluctuations. It is useful for spotting trends and reversals.
Aroon Indicator:
The Aroon indicator consists of two lines: Aroon Up and Aroon Down. It measures the time since the highest high and the lowest low over a specified period, indicating the strength of a trend.
Strategy Conditions
Long Entry Conditions:
Aroon Up crosses above Aroon Down (indicating a bullish trend).
The Zig Zag indicator shows an upward movement (indicating a potential continuation).
Short Entry Conditions:
Aroon Down crosses above Aroon Up (indicating a bearish trend).
The Zig Zag indicator shows a downward movement (indicating a potential continuation).
Exit Conditions:
Exit long when Aroon Down crosses above Aroon Up.
Exit short when Aroon Up crosses above Aroon Down.
Trend Deviation strategy - BTC [IkkeOmar]Intro:
This is an example if anyone needs a push to get started with making strategies in pine script. This is an example on BTC, obviously it isn't a good strategy, and I wouldn't share my own good strategies because of alpha decay.
This strategy integrates several technical indicators to determine market trends and potential trade setups. These indicators include:
Directional Movement Index (DMI)
Bollinger Bands (BB)
Schaff Trend Cycle (STC)
Moving Average Convergence Divergence (MACD)
Momentum Indicator
Aroon Indicator
Supertrend Indicator
Relative Strength Index (RSI)
Exponential Moving Average (EMA)
Volume Weighted Average Price (VWAP)
It's crucial for you guys to understand the strengths and weaknesses of each indicator and identify synergies between them to improve the strategy's effectiveness.
Indicator Settings:
DMI (Directional Movement Index):
Length: This parameter determines the number of bars used in calculating the DMI. A higher length may provide smoother results but might lag behind the actual price action.
Bollinger Bands:
Length: This parameter specifies the number of bars used to calculate the moving average for the Bollinger Bands. A longer length results in a smoother average but might lag behind the price action.
Multiplier: The multiplier determines the width of the Bollinger Bands. It scales the standard deviation of the price data. A higher multiplier leads to wider bands, indicating increased volatility, while a lower multiplier results in narrower bands, suggesting decreased volatility.
Schaff Trend Cycle (STC):
Length: This parameter defines the length of the STC calculation. A longer length may result in smoother but slower-moving signals.
Fast Length: Specifies the length of the fast moving average component in the STC calculation.
Slow Length: Specifies the length of the slow moving average component in the STC calculation.
MACD (Moving Average Convergence Divergence):
Fast Length: Determines the number of bars used to calculate the fast EMA (Exponential Moving Average) in the MACD.
Slow Length: Specifies the number of bars used to calculate the slow EMA in the MACD.
Signal Length: Defines the number of bars used to calculate the signal line, which is typically an EMA of the MACD line.
Momentum Indicator:
Length: This parameter sets the number of bars over which momentum is calculated. A longer length may provide smoother momentum readings but might lag behind significant price changes.
Aroon Indicator:
Length: Specifies the number of bars over which the Aroon indicator calculates its values. A longer length may result in smoother Aroon readings but might lag behind significant market movements.
Supertrend Indicator:
Trendline Length: Determines the length of the period used in the Supertrend calculation. A longer length results in a smoother trendline but might lag behind recent price changes.
Trendline Factor: Specifies the multiplier used in calculating the trendline. It affects the sensitivity of the indicator to price changes.
RSI (Relative Strength Index):
Length: This parameter sets the number of bars over which RSI calculates its values. A longer length may result in smoother RSI readings but might lag behind significant price changes.
EMA (Exponential Moving Average):
Fast EMA: Specifies the number of bars used to calculate the fast EMA. A shorter period results in a more responsive EMA to recent price changes.
Slow EMA: Determines the number of bars used to calculate the slow EMA. A longer period results in a smoother EMA but might lag behind recent price changes.
VWAP (Volume Weighted Average Price):
Default settings are typically used for VWAP calculations, which consider the volume traded at each price level over a specific period. This indicator provides insights into the average price weighted by trading volume.
backtest range and rules:
You can specify the start date for backtesting purposes.
You can can select the desired trade direction: Long, Short, or Both.
Entry and Exit Conditions:
LONG:
DMI Cross Up: The Directional Movement Index (DMI) indicates a bullish trend when the positive directional movement (+DI) crosses above the negative directional movement (-DI).
Bollinger Bands (BB): The price is below the upper Bollinger Band, indicating a potential reversal from the upper band.
Momentum Indicator: Momentum is positive, suggesting increasing buying pressure.
MACD (Moving Average Convergence Divergence): The MACD line is above the signal line, indicating bullish momentum.
Supertrend Indicator: The Supertrend indicator signals an uptrend.
Schaff Trend Cycle (STC): The STC indicates a bullish trend.
Aroon Indicator: The Aroon indicator signals a bullish trend or crossover.
When all these conditions are met simultaneously, the strategy considers it a favorable opportunity to enter a long trade.
SHORT:
DMI Cross Down: The Directional Movement Index (DMI) indicates a bearish trend when the negative directional movement (-DI) crosses above the positive directional movement (+DI).
Bollinger Bands (BB): The price is above the lower Bollinger Band, suggesting a potential reversal from the lower band.
Momentum Indicator: Momentum is negative, indicating increasing selling pressure.
MACD (Moving Average Convergence Divergence): The MACD line is below the signal line, signaling bearish momentum.
Supertrend Indicator: The Supertrend indicator signals a downtrend.
Schaff Trend Cycle (STC): The STC indicates a bearish trend.
Aroon Indicator: The Aroon indicator signals a bearish trend or crossover.
When all these conditions align, the strategy considers it an opportune moment to enter a short trade.
Disclaimer:
THIS ISN'T AN OPTIMAL STRATEGY AT ALL! It was just an old project from when I started learning pine script!
The backtest doesn't promise the same results in the future, always do both in-sample and out-of-sample testing when backtesting a strategy. And make sure you forward test it as well before implementing it!
Furthermore this strategy uses both trend and mean-reversion systems, that is usually a no-go if you want to build robust trend systems .
Don't hesitate to comment if you have any questions or if you have some good notes for a beginner.
A Multi 10 indicatorREAD NOTE BEFORE APPLYING or you may think indicator doesnt work.
This indicator is a revise of another i made and contains 10 Optional Indicators allowing you to load more then 3 indicators at once if you so choose and dont pay for the platform!
Hopefully someone will find use for this script besides me :) I dont suggest turning all on at once because it
will not look right. Alot will overlap if you wish but i only use the Session and trend bar at once in
conjuction with a Oscillator setting like MacD , RSI , Stoch , Aroon or CCI .
In the chart you see i only have a few indicators active ENJOY!!
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads)
NY session, Aussie session, Asian session, and Europe market sessions.
MacD Split Colored , aroon oscillator
CCI Oscillator , classic aroon
RSI Oscillator , Elliot wave
Stoch RSI Oscillator
Aroon Oscillator
My own Trend bar
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads) CODE probably looks messey but this is something i made for me so i didnt really care lol
A Multi 10 indicatorREAD NOTE BEFORE APPLYING or you may think indicator doesnt work.
This indicator is a revise of another i made and contains 10 Optional Indicators allowing you to load more then 3 indicators at once if you so choose and dont pay for the platform!
Hopefully someone will find use for this script besides me :) I dont suggest turning all on at once because it
will not look right. Alot will overlap if you wish but i only use the Session and trend bar at once in
conjuction with a Oscillator setting like MacD , RSI , Stoch , Aroon or CCI .
In the chart you see i only have a few indicators active ENJOY!!
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads)
Indicators included are listed below
Sessions, including, NY session, Aussie session, Asian session, and Europe market sessions.
MacD Split Colored , aroon oscillator
CCI Oscillator , classic aroon
RSI Oscillator , Elliot wave
Stoch RSI Oscillator , ATR%
My own Trend bar
---------- NOTE ----------- ( Everything is OFF by default and indicator SHOULD show up BLANK when loaded) ------------ NOTE -------------
(Can turn EVERYTHING on AND change any values in the format tab once indicator loads) CODE probably looks messey but this is something i made for me so i didnt really care lol
[blackcat] L3 Aroon ZoneLevel 3
Background
The Aroon indicator developed by Tushar Chanand indicates whether there is a trend price or is located in a trading area.
Function
Classical Aroon can also show the beginning of a new trend, its strength and expectation of changes from trade areas to trends. However, it produces too much noise when is bull or bear during sideways. In this improved version, I use bars without "blur cross" to classify bull, bear and sideways, which could look better to know the status of current market.
Since Chinese uses red for bull, green for bear, while others use green for bull and red for bear, i try to avoid to use red or green, which may be confusing. I use my style of color for bull and bear:
Yellow --> Bull
Fuchsia --> Bear
Gray --> Sideways
Remarks
Feedbacks are appreciated.
Harmonic Trend Fusion [kikfraben]📈 Harmonic Trend Fusion - Your Personal Trading Assistant
This versatile tool combines multiple indicators to provide a holistic view of market trends and potential signals.
🚀 Key Features:
Multi-Indicator Synergy: Benefit from the combined insights of Aroon, DMI, MACD, Parabolic SAR, RSI, Supertrend, and SMI Ergodic Oscillator, all in one powerful indicator.
Customizable Plot Options: Tailor your chart by choosing which signals to visualize. Whether you're interested in trendlines, histograms, or specific indicators, the choice is yours.
Color-Coded Trends: Quickly identify bullish and bearish trends with the color-coded visualizations. Stay ahead of market movements with clear and intuitive signals.
Table Display: Stay informed at a glance with the interactive table. It dynamically updates to reflect the current market sentiment, providing you with key information and trend direction.
Precision Control: Fine-tune your analysis with precision control over indicator parameters. Adjust lengths, colors, and other settings to align with your unique trading strategy.
🛠️ How to Use:
Customize Your View: Select which indicators to display and adjust plot options to suit your preferences.
Table Insights: Monitor the dynamic table for real-time updates on market sentiment and trend direction.
Indicator Parameters: Experiment with different lengths and settings to find the combination that aligns with your trading style.
Whether you're a seasoned trader or just starting, Harmonic Trend Fusion equips you with the tools you need to navigate the markets confidently. Take control of your trading journey and enhance your decision-making process with this comprehensive trading assistant.
