What Is The Aroon Indicator And How To Use It In Fixed Time Trading?

The Aroon indicator is a tool that was created to help traders identify trends. The Aroon indicator can be used in two ways: to measure the strength of a trend, or to predict when a trend might change. In this article, we'll take a look at how to use the Aroon indicator in fixed time trading on the Olymp Trade platform. How To Use The Aroon Indicator? The Aroon indicator is comprised of two lines, the Aroon Up line and the Aroon Down line. These lines fluctuate between 0 and 100, with readings near 100 indicating a strong trend, and readings near 0 indicating a weak trend. Crossovers between the two lines can also be used to generate buy and sell signals. For example, if the Aroon Up line crosses above the Aroon Down line, it indicates that a new uptrend might be forming. Similarly, if the Aroon Down line crosses above the Aroon Up line, it indicates that a new downtrend might be forming. These crossovers can be used as potential trade signals. In addi...