The stock indicator Aroon Horn is a trading tool consists of:
- Aroon Up: upward curve measuring strength of bulls or buyers, calculated on the highest and the number of periods since the last highest
- Aroon down: irregular curve measuring the force of bears or sellers, calculated on the lower and the number of periods since the last lower.
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aroonhorn.mq5
Broker Online - Broker Exchange : Trading Platform Metatrader MT5
Interpretation Rules - Signals From Trading
* Buy signal: Feeling trend bull market - buyer Courant
. The curve Aroon Up is above the curve Aroon Down - Trend bullish
. The curve Aroon Up is above level 70 - Trend bullish
* short sale signal: Feeling trend bear market - current vendor
. The curve Aroon Down is above the curve Aroon Up - Trend bearish
. The curve Aroon Down is above level 70 - Trend bullish
Read more about the rules and trading signals:
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