The Aroon indicator was developed by Tushar Chande in 1995. Both the Aroon up and the Aroon down fluctuate between zero and 100, with values close to 100 indicating a strong trend, and zero indicating a weak trend. Easy Aroon is based on the Aroon Oscillator which is a trend-following indicator that uses aspects of the Aroon indicator to gauge the strength of a current trend and the likelihood that it will continue. The Aroon oscillator is calculated by subtracting Aroon down from Aroon up. It is typically interpreted as follows:
Above 50 is considered a strong uptrending market
Below -50 suggests that the market is trending lower;
Near 0 typically indicates that the market is in transition and not trending.
Easy Aroon provides a comprehensive dashboard that allows you to view the Aroon value of many popular instruments and across multiple timeframes (M5, M15, M30, H1, H4, D1) at one glance. (Please note that M5 is only available for viewing as an optional in-app subscription) This provides you with an understanding of the current trend of the forex market on the go.
Below are some of the key features of the app.
- Timely display of Aroon values of many popular instruments across multiple timeframes,
- Allows configuration of uptrend and downtrend condition that best suit your personal trading strategy,
- Timely push notification alert when uptrend or downtrend condition is hit
- Display headline news of your favourite currency pair(s)
Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy Aroon Premium. This subscription removes all advertisements within the app, receive push alert based on your preferred overbought/oversold values and supports our development of future enhancements.
If you choose to subscribe to our Basic/Deluxe plan, payment will be charged to your iTunes account, and your account will be charged for renewal 24 hours prior to the end of the current period. Auto-renewal may be turned off at any time by going to your settings in the iTunes Store after purchase. No cancellation of the current subscription is allowed during active subscription period.
Current price of subscription is $6.99 USD every 3 months and may vary from country to country.
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*** IMPORTANT NOTE ***
Please note that updates are not available during weekend.
EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application.
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