StockFetcher Forums · Filter Exchange · Aroon Advice<< >>Post Follow-up
17 posts
msg #82437
Ignore semovente
11/4/2009 4:45:55 PM

I have been "playing" with the Aroon and would like to get some opinions/thoughts on the following:

- I have set the period to 30 bars and have found far fewer whipsaws and cleaner signals

- Speaking of crossovers, another thing I have noticed is that when the AroonUp crosses up through the AroonDown and the value of AroonUp is say less than 30 the uptrend appears stronger. Obvious I know, after all the AroonDown is falling which would imply the downtrend is weakening

- Still not sure when to declare ranging action and what to look for. Have read that a good indication iif both Aroons are pointing down and are parallel then the market is trendless

Any help/suggestions/ideas with the Aroon appreciated

2,817 posts
msg #82443
Ignore chetron
11/4/2009 6:54:46 PM



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