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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 100

General 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.