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You liked the script? Try it in the MetaTrader 5 terminal
Aroon Indicator - indicator for MetaTrader 4
- Views:
- 65870
- Rating:
- Published:
- 2006.04.13 22:32
- Updated:
- 2014.04.21 14:52
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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.
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