Aroon is a technical indicator that is used for identifying trends and the likelihood that the trends will reverse. It was developed by Tushar Chande. The indicator displays, as a percentage of total time, how long it takes for price to reach its high and low. The indicator displays two lines: “Aroon up,” which measures the strength of the uptrend, and “Aroon down,” which measures the strength of the downtrend.
What does this app do?
The Trend Identifier indicator is a charting indicator that displays the trend based on the Aroon Indicator.
Both lines fluctuate between values of zero and 100, with values near zero representing a weak trend and values near 100 representing a strong trend.
The application displayed on this page does not take in to consideration your individual personal circumstances and trading objectives. Therefore it should not be considered as a personal recommendation or investment advice. Past performance is not indicative of future results. There is no guarantee that the systems, trading techniques, trading methods, and/or indicators will result in profits or not result in losses.
This app is only compatible with FXCM MetaTrader 4 software. It does not operate on MetaTrader 4 software provided by any other brokerage. Additionally, an FXCM account is required (including free FXCM demo accounts).
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