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2006.04.13 22:32
Aroon Indicator

Aroon Indicator - indicator for MetaTrader 4

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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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