Aroon: settings – Period 20
Aroon Indicator allows defining the changing in prices from the trend state of the market to the
sidewalks state. (It indicates absence of clear tendency).
This indicator is built on the basis of measurement of amount of periods, which has passed from the
moment of Maximum and minimum within the time range of n periods.
The Aroon indicator is used to determine if a currency trading price is moving in a trend or
sideways as well as how strong the trend is. If the price of a currency trading price is rising, the close for
the period will be closer to the end of the period, and vice versa. The Aroon indicator shows how much
time passed between the highest (up) or lowest (down) close since the beginning of a period (in percents).
When Aroon (up) and Aroon (down) are moving together, there is no clear trend (the price is
moving sideways, or about to move sideways). When the Aroon (up) is below 50, it is an indication that the
uptrend is losing its momentum, while when the Aroon (down) is below 50; it is an indication that the
downtrend is losing its momentum. When the Aroon (up) or Aroon (down) are above 70, it indicate a
strong trend in the same direction, while when the value is below 30, it indicates a trend coming in an
opposite direction.
Finally, for the Aroon Oscillator, the positive value indicates an upward trend (or coming trend),
and the negative value indicates a downward trend. The higher the absolute value of an oscillator, the
stronger is an indication of a trend.

1) Add indicator Macd: settings - 12-26-9

2) Add Parabolic SAR: settings -accelerate 0.020 - maximum 2.0

3) Add Bollinger Bands: setting - MA Type simple period 20 multiple 2.0

4) Add 2 Exponential moving average one is period 5 line colour green the other is period 20 line
colour red

5) Aroon: settings – Period 20

6) Zoom in on chart also to make it east to read 125% on marketiva