MQL5 - Language of trade strategies built-in the MetaTrader 5 client terminal

Source code library - Expert Advisors, Indicators and Scripts

Update to MetaTrader 4 build 735 and Test the VPS for Free
To post a new code, please log in or register

Interesting script?
So post a link to it -
let others appraise it

You liked the script? Try it in the MetaTrader 5 terminal

2006.04.13 22:32
Aroon Indicator

Aroon Indicator - indicator for MetaTrader 4

| English Spanish Portuguese Chinese

Views:
17386
Rating:
votes: 1
Aroon.mq4 (2.79 KB)view

    AROON Indicator is great for reading trends, watch as the "Up Line" (Default color:Yellow) reaches 100 means a strong up trend, and watch for the "Down Line" (Default color:Dodger Blue) reaches 100 means a strong down trend. AROON Indicator watchs also as they crosses each other. It's great for signaling.

    Recomendation:
interval: more than 30 minutes;
period : 20.

    Please give it a comment and don't hesitate..please let me know if i could help you with some other indicator that you wish to know.