Aroon Indicator Trading Strategies and Tips

The Aroon indicator consists of two lines: Aroon Up and Aroon Down. The indicator generally has a 14-period (typically days) timeframe for determining the up or down line. Although 14 is the default, setting the indicator longer time periods is also possible. Setting the indicator to 25 periods is not at all uncommon.

The Up line determines the number of periods away we are from a high in the corresponding 14-period time frame. Likewise, the down line measures the number of periods we are away from a low.

It was developed by Tushar Chande in 1995 and it means dawn in Sanskrit. It essentially looks to detect the beginning of a trend or a change in trend and this is captured in the name.

Whether you want to know more about the Aroon Indicator or any other topics, Earn2Trade has you covered!
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0:00 Music intro
0:13 Intro
1:34 What is the Aroon?
2:35 Take a look
3:45 The formula
6:13 Using the Aroon
8:50 Advantages
10:00 Potential limitations
11:05 F.A.Q.’s
13:18 Indicator settings
14:30 Conclusion

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