Arron 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: tradingview.com/u/dman103/