KT Aroon MT4

KT Aroon oscillator is the modified version of the original Aroon oscillator initially developed by Tushar Chande in 1995. It measures the time interval between the ongoing highs and lows and uses this deduction to calculate the market trend's direction and strength. 

It works on the notion that the price will form new highs consecutively during an uptrend, and during a downtrend, new lows will be formed.

Buy Signal: When Aroon Up line cross above the Aroon Down line.
Sell Signal: When Aroon Down line cross above the Aroon Up line. 

Features

  • It is equipped with Up/Down arrows, which mark the Aroon signals on the price chart.
  • Shows the market trend efficiently.
  • Simple illustration without any clutter on the chart.
  • All Metatrader alerts are available.

Inputs

  • Period: The period to calculate the Aroon Up and Down line.
  • Show Up/Down Arrows: If set to True, it will place the Up and Down Arrows on the price chart for each new signal.
  • Alert Settings: Configure the various alerts like Popup, Sound, Mobile notifications, and Emails.

More about the Aroon

Aroon oscillator is quite different from other popular oscillators because it comprehends time with the asset's price. On a Daily Timeframe, you can interpret the Aroon oscillator like:

Aroon Up: The Aroon Up signal measures the number of days that have passed since the 25-day high.
Aroon Down: The Aroon Down signal measures the number of days that have passed since the 25-day low.

Formula

Aroon-Up = ((P - Days Since P-day High)/P) x 100
Aroon-Down = ((P - Days Since P-day Low)/P) x 100

Where P is the Period chosen by the user. By default, P is set to 25.

Advantages

  • Shows the new emerging market trend remarkably.
  • It can also show the interval of consolidation. If the Aroon lines are below 50 or moving parallel, there could be indecision among the traders.
  • Aroon lines crossover (Up and Down Arrows) can be used as new signals.

Pro Tip

There is no doubt that the Aroon is a famous and useful oscillator among traders. However, it's still a lagging indicator by nature, so it's always best to use it in conjunction with other indicators and strategies.
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Stefano Frisetti
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Attention: beware of SCAMS, TRENDMAESTRO is only ditributed throught MQL5.com market place. note: this indicator is for METATRADER4, if you want the version for METATRADER5 this is the link:  https://www.mql5.com/it/market/product/108106 TRENDMAESTRO ver 2.5 TRENDMAESTRO recognizes a new TREND from the start, he never makes mistakes. The certainty of identifying a new TREND is priceless. DESCRIPTION TRENDMAESTRO identifies a new TREND in the bud, this indicator examines the volatility, volumes a
Smart Price Action Concepts
Issam Kassas
4.8 (15)
Indicators
This product was   updated   for the   2026 market   and   optimized   for the   latest MT5 builds . PRICE UPDATE NOTICE: Smart Price Action Concepts   is currently available for $200. The price will   increase to $299   after the next   30 purchases. SPECIAL OFFER:  After purchasing , send me a private message to claim FREE Bonus + Gift. First of all Its worth emphasizing here that this Trading Tool is Non Repainting , Non Redrawing and Non Lagging Indicator , Which makes it ideal for profes
PZ Day Trading
PZ TRADING SLU
3.67 (3)
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Effortless trading: non-repainting indicator for accurate price reversals This indicator detects price reversals in a zig-zag fashion, using only price action analysis and a donchian channel. It has been specifically designed for short-term trading, without repainting or backpainting at all. It is a fantastic tool for shrewd traders aiming to increase the timing of their operations. [ Installation Guide | Update Guide | Troubleshooting | FAQ | All Products ] Amazingly easy to trade It provides
PRO Renko System
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PRO Renko System is a highly accurate trading system specially designed for trading RENKO charts. The ARROWS and Trend Indicators DO NOT REPAINT! The system effectively neutralizes so called market noise giving you access to accurate reversal signals. The indicator is very easy to use and has only one parameter responsible for signal generation. You can easily adapt the tool to any trading instrument of your choice and the size of the renko bar. I am always ready to provide extra support to help
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ACB Trade Filter MT5
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KT Auto Fibo draws Fibonacci retracement levels based on the ongoing trend direction. The Highs and Lows are automatically selected using the Maximum and Minimum points available on the chart. You can zoom in/out and scroll to adjust the Fibonacci levels accordingly. Modes Auto:  It draws the Fibonacci levels automatically based on the chart area. Manual:  It draws the Fibonacci levels only one time. After that, you can change the anchor points manually. Usage: Helps to predict the future prof
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
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KT COG Robot is a fully automated Expert Advisor based on the KT COG Indicator . The COG indicator was originally presented by John F. Ehlers in the May 2002 edition of Technical Analysis of Stocks & Commodities magazine. The EA fires a long trade when COG line cross above the signal line and a short trade is fired when the COG line cross below the signal line.  Adaptive Filtration Our adaptive filtration algorithm combines the original COG formula with the major trend direction and market acce
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KEENBASE SOFTWARE SOLUTIONS
Experts
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KEENBASE SOFTWARE SOLUTIONS
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KEENBASE SOFTWARE SOLUTIONS
Experts
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MACD Divergence Seeker
KEENBASE SOFTWARE SOLUTIONS
Experts
KT MACD Divergence Seeker trades the regular and hidden divergence signals generated by our free indicator named KT MACD Divergence indicator. Trading the standalone divergences can be a risky affair that's why the KT MACD Divergence Seeker combines the standard divergence signals with an advanced analysis module to exploit the price inefficiencies on some FX pairs. What is the Divergence exactly? As a general conception if the price is making higher highs, then macd should also be making hig
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Tony Gregg
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Tony Gregg 2024.04.04 20:24 
 

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