Aroon Moving Average
- Indicadores
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Devy Tanusukma
I develop custom indicators and expert advisors to backtest, trade and analyze trading algorithm/strategy on MT4 platform. In general it takes about 10 seconds to test a trading strategy over 10 years period with my custom tester. It will record all the trade entries, take profit, stop loss and - Versão: 1.0
Aroon and Moving Average
A combination of Supertrend and Moving Average to create a converging trade setup
Input parameters:
- signal mode: set it to true if you want to plug it into STAT (Signal Tester and Trader)
- arrow shift: distance between fast EMA line to arrow on chart
- turn on price line filter
- turn on moving average signal for converging setup
- aroon period
- MA period
- MA averaging method
- MA pricing method
- upper level limit (Aroon)
- lower level limit (Aroon)
You can find the best setting for 4 hour EURUSD on this video

Good indicator