Aroon

AROON – indicator MetaTrader 5

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AROON - indicator for MetaTrader 5
Indicator Aroon was developed by Tushar Chande in 1995 to evaluate trend strength. The indicator can be used to see when the existing trend can change its direction. In fact, the indicator measures the time necessary for the price to reach its highest and lowest values within a certain time interval in percents of the … Read more

Swami Aroon – indicator MetaTrader 5

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Swami Aroon - indicator for MetaTrader 5
Basics: John Ehlers was promoting Swami charts for some time. What was made on MetaTrader (and wasn’t in the original Swami package) was, among other things, swami version of Aroon oscillator (some more information you can find here: Aroon oscillator). Usage: The same way as the rest of swami charts, and in combination with generic … Read more

Aroon – multi time frame version – indicator MetaTrader 5

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Aroon - multi time frame version - indicator for MetaTrader 5
Theory : The Aroon indicator was developed by Tushar Chande in 1995. This version is correcting what is frequently found for metatrader versions of Aroon indicator (level 0 never reached) and is adding multi time frame option to it. Multi time frames are having, apart from all the standard multi time frames that can be … Read more

Aroon oscillator – multi time frame version – indicator MetaTrader 5

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Aroon oscillator - multi time frame version - indicator for MetaTrader 5
Theory : The Aroon indicator was developed by Tushar Chande in 1995. Arron oscillator is belonging to the same family and is (even if it does not look so at the first glance) a direct offspring of Aroon indicator. This version is correcting what is frequently found for metatrader versions of Aroon oscillator indicator (level … Read more