Hello Traders, this indicator is the Aroon Oscillator MT4. I do not trade using this indicator but some of you may find it useful in applying it to your trading.
The download link is at the very bottom.
How To Trade With The Aroon Oscillator
Here’ what the aroon Oscillator will look like when it is upload onto your chart:
Here are a few things you need to know about how to trade the aroon oscillator:
- If you see aroon oscilator line above zero, it means there may be a bullish trend.
- If the aroon oscillator line is below zero, it indicates a bearish market.
- the further the oscillator line is from the zero level, the more stronger the trend is.
- if line is near the zero line, the market in not trending.
Aroon Oscillator MT4 Download Link
Here’s the download link to the aroon oscilator: Aroon_Oscillator_v1