Aroon - indicator for MetaTrader 5 Aroon indicator was developed by Tushar S. Chande, CEO of the "Tuscarora Capital Management" company and the author of the books "The New Technical Trader: Boost Your Profit by Plugging into the Latest Indicators" and "Beyond Technical Analysis: How to Develop and Implement a Winning Trading System" in 1995 to determine trend direction and strength. Its main advantage is to allow a trader to determine the beginning of a new trend, or the ...
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