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Aroon Indicator in new form - indicator for MetaTrader 5
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- Published:
- 2016.11.03 15:27
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The Aroon indicator is a technical indicator used for identifying trends in an underlying security and the likelihood that the trends will reverse.
It is made up of two lines:
- one line is called "Aroon up", which measures the strength of the uptrend,
- and the other line is called "Aroon down", which measures the downtrend.
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