What is the best Aroon setting?
But, what are the best settings for the Aroon indicator? Chande recommends applying the best setting for Aroon indicator as being a 25 periods of data: Aroon-up is showing how many periods it has been since the last 25-period high. Aroon-down is showing how many periods it has been since the last 25-period low.
How do you trade in Aroon?
One of the most useful trading strategies using the Aroon Indicator is a crossover strategy where a trader goes long whenever the Aroon Up line crosses above the Aroon Down line. Conversely they would go short whenever the Aroon Down line crosses above the Aroon Up line.
But, what are the best settings for the Aroon indicator? Chande recommends applying the best setting for Aroon indicator as being a 25 periods of data: Aroon-up is showing how many periods it has been since the last 25-period high. Aroon-down is showing how many periods it has been since the last 25-period low.
How do you trade in Aroon?
One of the most useful trading strategies using the Aroon Indicator is a crossover strategy where a trader goes long whenever the Aroon Up line crosses above the Aroon Down line. Conversely they would go short whenever the Aroon Down line crosses above the Aroon Up line.
