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Co-authored-by: jose-donato <zmcdonato@gmail.com>
Co-authored-by: jose-donato <43375532+jose-donato@users.noreply.github.com>
Co-authored-by: andrewkenreich <andrew.kenreich@gmail.com>
2023-10-30 21:01:29 +00:00

1.8 KiB
Vendored

title, description, keywords
title description keywords
aroon The page provides comprehensive details about the 'aroon' indicator, a tool used in analytics to identify new trends. The explanation covers the significance of the terms 'Aroon Up' and 'Aroon Down', as well as their impact on indicating the occurrence and strength of upward and downward trends.
aroon
dawn's early light
trend indicator
upward trend
downward trend
crossovers
Aroon Up
Aroon Down
n_length
n_scalar
trend strength

import HeadTitle from '@site/src/components/General/HeadTitle.tsx';

The word aroon is Sanskrit for "dawn's early light." The Aroon indicator attempts to show when a new trend is dawning. The indicator consists of two lines (Up and Down) that measure how long it has been since the highest high/lowest low has occurred within an n period range. When the Aroon Up is staying between 70 and 100 then it indicates an upward trend. When the Aroon Down is staying between 70 and 100 then it indicates an downward trend. A strong upward trend is indicated when the Aroon Up is above 70 while the Aroon Down is below 30. Likewise, a strong downward trend is indicated when the Aroon Down is above 70 while the Aroon Up is below 30. Also look for crossovers. When the Aroon Down crosses above the Aroon Up, it indicates a weakening of the upward trend (and vice versa).

Usage

aroon [-l N_LENGTH] [-s N_SCALAR]

Parameters

Name Description Default Optional Choices
n_length length 25 True None
n_scalar scalar 100 True None

aroon