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Aroon Indicator Trading System

Identifying the market trend is one of the most valuable trading skills a forex trader must expert in the trading. This indicator is one of the most popular forex oscillator indicator. Aroon indicator helps foreign exchange traders to determine the trend of the market. The Aroon indicators reflects percentage value and trades between 0 - 100. are shown in percentage terms and fluctuate between 0 and 100. Aroon technical indicator is traded to determine price trends in Forex trading market and also identifies market price reversal also. This indicator is like ADX technical indicator, these trading indicator identify the strength of the market trend.

The following trading system is Aroon indicator trading system
Currency : Any
Time frame : Any
Indicator : Aroon indicator

Trading rules
Buy signals : If value 2 line from Aroon indicator cross below the value 1 line of Aroon indicator

Sell signals : if value 2 line of Aroon indicator cross above the value 1 line of Aroon indicator


The aroon indicator identify if the market prices are changing from trend move to a range and vice versa. This indicator trading was developed by Tushar Chande to determine the market trend.
This indicator has 3 levels, 0, 50 and 100. The downtrend market is identified when aroon down is trade below the 50 level and uptrend market identified when aroon up is trade above 50.

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