This indicator plots the Schaff Trend Cycle in a separate pane. It subtracts a slow exponential moving average from a fast one, applies a stochastic cycle twice, and smooths each result to form a 0–100 oscillator. Line color follows the slope, or the upper and
Indicator · Pine Script v5 · Own pane
Aroon Oscillator
A separate-pane indicator that computes the Aroon oscillator from how recently the highest high and lowest low occurred over a set length, then smooths it with a zero-lag filter that searches for a best gain value.
GitHub stars1on the repository
Pine versionv5runs as is
Lines of code114
Settings4inputs
LicenceNone stated
Last update1 year ago9 Mar 2025
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above. It reads the file straight from GitHub.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
The code stays on GitHub. The author has not published this script under an open licence, so ForexR does not show its code. Copy script reads the file straight from GitHub into your clipboard, so you can still try it on your own chart. Ask the author before reusing the code anywhere else.
Overview
A second signal line is derived from it. Inputs set the length, smoothing and signal period, with a toggle to hide the display. Labels are in Spanish and it relies on shared colour variables.
- Aroon up minus down oscillator
- Zero-lag smoothing with best-gain search
- Signal line
- Adjustable length, smoothing and signal
Details
Published by
munlit on GitHub
Type
Draws
Separate pane below the chart
Category
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Settings
The inputs you can change from the gear icon on the chart. Defaults are the author's.
| Setting | Type | Default | Variable |
|---|---|---|---|
| Visualizar Aroon | bool | true | show_oonOscAroon |
| Longitud | int | 42 | oonOsc_length |
| Smooth | int | 10 | oonOsc_smooth |
| Signal | int | 10 | oonOsc_sign_length |
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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