mirror of
https://github.com/mihakralj/QuanTAlib.git
synced 2026-08-02 11:37:42 +00:00
Miha Kralj
24e86d762a
- Updated BBWN, BBWP, CCV, CV, CVI, EWMA, GKV, HLV, HV, Jvolty, JVOLTYN, MASSI, NATR, RSV, RV, RVI, TR, UI, VOV, VR, YZV indicators with documentation links. - Added documentation links for Aberration, Acceleration Bands, Andrews' Pitchfork, Adaptive Price Zone, ATR Bands, Bollinger Bands, Center of Gravity, Donchian Channels, Decay Min-Max Channel, Detrended Synthetic Price, EACP, EBSW, HOMOD, Jurik Volatility Bands, Keltner Channel, MA Envelope, Min-Max Channel, Price Channel, Regression Channels, Standard Deviation Channel, Stoller Average Range Channel, Super Trend Bands, Ultimate Bands, Ultimate Channel, VWAP Bands, and VWAP with Standard Deviation Bands.
41 lines
1.5 KiB
Plaintext
41 lines
1.5 KiB
Plaintext
// The MIT License (MIT)
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// © mihakralj
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//@version=6
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indicator("Aroon (AROON)", "AROON", overlay=false)
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//@function Calculates Aroon Up and Down values
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//@param period Number of bars used in the calculation
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//@returns tuple of Aroon Up and Aroon Down values
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aroon(simple int period = 25) =>
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if period <= 0
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runtime.error("Period must be greater than 0")
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// Find highest high and lowest low positions
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float highest_pos = ta.highestbars(high, period)
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float lowest_pos = ta.lowestbars(low, period)
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// Calculate Aroon values
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float aroon_up = 100 * (period + highest_pos) / period
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float aroon_down = 100 * (period + lowest_pos) / period
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[aroon_up, aroon_down]
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// Inputs
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i_period = input.int(25, "Period", minval=1, tooltip="Number of bars used in the calculation")
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// Calculate Aroon
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[aroon_up, aroon_down] = aroon(i_period)
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// Plot
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plot(aroon_up, "Aroon Up", color=color.yellow, linewidth=2)
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plot(aroon_down, "Aroon Down", color=color.yellow, linewidth=2)
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hline(50, "Mid Level", color.gray)
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hline(70, "Upper Level", color.gray)
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hline(30, "Lower Level", color.gray)
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// Alert conditions
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alertcondition(ta.crossover(aroon_up, aroon_down), "Aroon Up crosses above Down", "Bullish crossover on {{ticker}}")
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alertcondition(ta.crossunder(aroon_up, aroon_down), "Aroon Down crosses above Up", "Bearish crossover on {{ticker}}")
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alertcondition(aroon_up > 70 and aroon_down < 30, "Strong uptrend", "Strong uptrend detected on {{ticker}}")
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alertcondition(aroon_down > 70 and aroon_up < 30, "Strong downtrend", "Strong downtrend detected on {{ticker}}")
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