Aroon
Gauges trend strength by the time elapsed since the last high and low. Aroon consists of two lines: Aroon Up (time since the last high within the period) and Aroon Down (time since the last low within the period). Values range from 0 to 100. Aroon Up above 70 and Aroon Down below 30 signal an uptrend. A crossover of the lines — a trend change.
Formula:
Aroon Up = 100 * (period - bars_since_high) / periodAroon Down = 100 * (period - bars_since_low) / periodTriggers
Section titled “Triggers”| Trigger | Direction | Condition | Description |
|---|---|---|---|
| Signal line cross up | 🟢 Buy | The main line crossed the signal line from below to above — a buy signal. | Aroon Up crosses Aroon Down from below to above — a bullish signal. |
| Signal line cross down | 🔴 Sell | The main line crossed the signal line from above to below — a sell signal. | Aroon Up crosses Aroon Down from above to below — a bearish signal. |
| Slope turns positive | 🟢 Buy | The indicator’s slope turned positive — an upward reversal. | The Aroon Up line changes its slope from descending to ascending — it stopped falling and started rising. |
| Slope turns negative | 🔴 Sell | The indicator’s slope turned negative — a downward reversal. | The Aroon Up line changes its slope from ascending to descending — it stopped rising and started falling. |
| Line diverges from signal | ↕️ Both | The distance between the main line and the signal line increased by the specified amount. | Aroon Up and Aroon Down diverge — the current trend is strengthening. |
| Line converges to signal | ↕️ Both | The distance between the main line and the signal line decreased by the specified amount. | Aroon Up and Aroon Down converge — the trend is weakening, a direction change is possible. |
| Enter uptrend | 🟢 Buy | The indicator entered an uptrend. | Fires when a trend indicator (ADX/DMI, Ichimoku, Supertrend, etc.) signals the start of an uptrend. |
| Enter downtrend | 🔴 Sell | The indicator entered a downtrend. | Fires when a trend indicator (ADX/DMI, Ichimoku, Supertrend, etc.) signals the start of a downtrend. The specific condition depends on the indicator. |
Trigger parameters
Section titled “Trigger parameters”| Parameter | Type | Default | Range / Values |
|---|---|---|---|
Min Delta (Line converges to signal, Line diverges from signal) | float | 0 | 0> |
Threshold (Enter downtrend, Enter uptrend) | float | 50 | 0-100 |
