KT Aroon Indicator

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KT Aroon Indicator
MT4 | MT5
With Up/Down Arrows

kt aroon indicator logo
Free Download
Specs
Release date:January 26, 2021
Last updated:January 26, 2021
Current version:1.0
Product type:Indicator
Requirements:MT4 | MT5
  • Description

KT Aroon indicator is the modified version of the original Aroon oscillator initially developed by Tushar Chande in 1995. The Aroon indicator measures the time interval between the ongoing highs and lows and uses this deduction to calculate the market trend's direction and strength. 

It works on the notion that the price will form new highs consecutively during an uptrend, and during a downtrend, new lows will be formed.

  • Buy Signal: When Aroon Up line cross above the Aroon Down line.
  • Sell Signal: When Aroon Down line cross above the Aroon Up line. 

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