One who asks a question is a fool for five minutes; one who does not ask a question remains a fool forever.
Chinese Proverb

Forget your password?

AskPips.com

Resolved Question

Show me another

Avatar
Malcolm

What is the Aroon indicator?

about 1 year ago

Report It

Best Answer - Chosen by Asker

Avatar
pip_eater

It is a technical indicator used for identifying trends in an underlying security and the likelihood that the trends will reverse. It is made up of two lines: one line is called "Aroon up", which measures the strength of the uptrend, and the other line is called "Aroon down", which measures the downtrend. The indicator reports the time it is taking for the price to reach, from a starting point, the highest and lowest points over a given time period, each reported as a percentage of total time.

about 1 year ago

Source(s):

* You must be logged in to add comments. or Join Askpips.com.

Feedback Form