Indicators: Aroon Horn

 

Aroon Horn:

Aroon Horn Indicator.

Author: Collector

 
This one is made 15 years ago. I have forward tested this indicator at another broker who did not use MT4. I have backtested it on many pairs. It is profitable. Even though there are some currency pairs where it does not work so well. However. When I tried this indicator it does not work. It seems it calculates aroon up and down based on closing prices. That is ridicuolous. As soon as a new high is made it should react. Not as soon as a new closing high is made. Either I have to get out of MT4, or I will have to stop using this indicator. 
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