Beginner's Guide to Aroon Indicator and Oscillator
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- Опубликовано: 23 сен 2024
- Introduction and explanation of the Aroon indicator and its buddy the Aroon Oscillator. These two day trading indicators are very similar and measure the strength of market trends.
Is the Aroon indicator effective for you? Let me know in the comments.
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Very best explanation thank you
Thanks for confirming that this indicator has almost no value. You are saving us time and money.
I have backtested it for 10 major pairs in forex, 4H. It is profitable. Forward tested it more than 20 times on the same. Also profitable. We will see though if it works in the long run. Looks worse on 1H though. Trend trading on 1H is difficult.
Come back and let us know how it works out for you.
🔥💪🏽
Douglas: Due respect, Why would we need this indicator?
You probably wouldn't and shouldn't. I don't use it. Was just explaining it for people.
@@douglasontrading8021 Dear Douglas: Definitely. Don't delve into this daunting dilemma. Some platforms are glutted, and students are confounded with the cornucopia of needless indicators.
I am pleased with your shunning this and probably many. The education is good -- but the application would be moot.
@@eddyvideostar I think he did right by addressing it. If he had not then people curious or seeking the info would simply look elsewhere and maybe not get his opinion on it being useless.
a whole video just to admit at the end that you don't even recommend it, lol
If I did 1000 indicator videos I might recommend 5 of them. But that doesn't mean people can't learn from the video and make their own conclusion.
@@douglasontrading8021 totally agree, just funny to hear haha