Aroon_Filter - MetaTrader 5 Script | Forex Indicator Download - MT4/MT5 Resources
The Aron filter oscillator is based on the Aron indicator and is a modified Aron horn oscillator - the ratio to the calculated period has been removed.
This indicator shows the direction of the trend filtering out small fluctuations.
It has two tunable parameters
Rise = 100.0 * (Period - maximum bar + index) / Period Dn = 100.0 * (Period - minimum bar + index) / Period MaxBar, MinBar - the highest and lowest price index within the period range - the current bar index
Bullish trends are shown in green
Bearish trend is shown in red
Sorted values are shown in gray
Attachment download
📎 aroon_filter.mq5 (8.8 KB)
Source: MQL5 #22183
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