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Aroon
The Aroon indicator determines if a coin is trending and how strong. It works by measuring the time periods since the last x-day high or low.
Tip: Use in longer time periods for stronger trade signals.
Interface
Supported license & Trade types
Supported License
Supported Trade Types
Beginner license
Spot trading
Simple license
Margin trading
Advanced license
Leverage trading
Formula
Aroon is an Indicator that has the following formula:
Aroon-Up = ((25 - Days Since 25-day High)/25) x 100 Aroon-Down = ((25 - Days Since 25-day Low)/25) x 100General Settings
- Exchange Website to monitor (Pro Tip: It doesn't have to be the same exchange you are currently trading on)
- Currency Pair to monitor for trade signals.
- Update Speed
- Trade Signals
Tip: The exchange doesn't have to be the same exchange you are currently trading on.
Indicator Settings
- Length
- Number of candles (or time periods) before an action is taken.
Usage
This Indicator is useful for determining the overall trend or looming trend reversal.
Last modified 2yr ago