What Is The Aroon Indicator & How To Trade With It

Aroon Indicator Explained

The Aroon indicator was developed by Tushar Chande in 1995, and is an indicator based trading system that determines whether a trading instrument is trending or not and how strong the trend is. As conceived by the creator, Aroon had to determine points for entering trades before other indicators and inform traders about this. The Aroon indicator is primarily used to calculate the strength and direction of the overall trend or if the market is flat and therefore ranging. What is the Aroon indicator? The Aroon indicator uses the extreme values ​during a trend movement, and the intersection values ​​with …READ MORE