99% working STRATEGY | Aroon Indicator | 1 min Trading | QUOTEX

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KEY TAKEAWAYS :

1) The Aroon indicator is composed of two lines. An up line which measures the number of periods since a High, and a down line which measures the number of periods since a Low.

2) The indicator is typically applied to 25 periods of data, so the indicator is showing how many periods it has been since a 25-period high or low.

3) When the Aroon Up is above the Aroon Down, it indicates bullish price behavior.

4) When the Aroon Down is above the Aroon Up, it signals bearish price behavior.

5) Crossovers of the two lines can signal trend changes. For example, when Aroon Up crosses above Aroon Down it may mean a new uptrend is starting.

6) The indicator moves between zero and 100. A reading above 50 means that a high/low (whichever line is above 50) was seen within the last 12 periods.

7) A reading below 50 means that the high/low was seen within the 13 periods.

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Disclaimer: Trading involves the risk of loss. The information in this channel and the available resources are for educational purposes only and do not constitute investment recommendations or advice. I am not an attorney, accountant, or financial advisor, nor am I holding myself out to be, and the information contained on this channel is not a substitute for, financial advice from a professional who is aware of the facts and circumstances of your individual situation.

We have done our best to ensure that the information provided in this video and the resources available are accurate.

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