Blockchain and Cryptocurrency Advanced - Adding the Aroon Indicator on A Charting Platform

The Aroon indicator is a very popular technical indicator that is common in a lot of the top charting platforms like tradingview, GoodCrypto etc. Adding the Aroon indicator on a tradingview chart is a straightforward process that only requires a few steps when making use of tradingview which is without a doubt one of the most popular charting platforms for technical analysis.

• To do this, I will visit the tradingview platform https://www.tradingview.com. On tradingview chart interface, Click on the indicator icon which is located at the top of the screen.

The next screen that pops up is the search box library containing all the available indicators on the platform. On the search input box, search the name of the indicator by typing it into the search to search for it in the library. I typed in Aroon on the search. Select the first indicator with the name Aroon.

In the Aroon indicator panel, click on the settings gear icon

For the Aroon indicator, there are three main sections on the settings; input, styles and visibility section.

Input - The Aroon indicator has a simplified input with only the period length input. The default period length input for the Aroon indicator is 14, however, it can be changed depending on the needs and strategy for the technical analysis. This input can be reset back to default settings by just selecting reset settings on the defaults drop-down.

Styles - This settings is basically for changing the look of the different elements of the Aroon indicator. The styles settings allows the user to the colour of the Aroon up line and the Aroon down line as well as the line thickness and shape of the Aroon up and Aroon down lines. This is just for visual preferences. As always, the styles settings can be reset back to default by selecting reset settings on the defaults drop-down.

Visibility - This settings is basically for switching on and off different elements on the chart. This is solely for preferences in the technical analysis. By default, all elements are toggled on.