Asset Management

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.