Input Information
| Name | Expression | Default | Description |
Market Synopsis
Table of Contents:
- Definition of Aroon Up Indicator
- Calculation of Aroon Up Indicator
- Interpretation of Aroon Up Indicator
- Advantages of using Aroon Up Indicator
- Limitations of Aroon Up Indicator
Definition of Aroon Up Indicator:
Aroon Up Indicator is a technical indicator used to identify the trend of an asset, whether it is in an uptrend or downtrend. It was developed by Tushar Chande in 1995 and is part of the Aroon Indicator system. The Aroon Up Indicator measures the time between the current price and the highest high over a specified period of time.
Calculation of Aroon Up Indicator:
The Aroon Up Indicator is calculated using the following formula:
Aroon Up = 100 x (n – Number of periods since the highest high) / n
Where n is the number of periods used in the calculation.
Interpretation of Aroon Up Indicator:
The Aroon Up Indicator ranges from 0 to 100. When the Aroon Up Indicator is above 50, it indicates that the asset is in an uptrend. On the other hand, when the Aroon Up Indicator is below 50, it indicates that the asset is in a downtrend. Traders can use the Aroon Up Indicator to identify potential buy or sell signals.
Advantages of using Aroon Up Indicator:
- Easy to use and understand.
- Helps traders to identify trends in the market.
- Can be used in conjunction with other technical indicators.
Limitations of Aroon Up Indicator:
- May not work well in choppy or sideways markets.
- Not suitable for long-term trend analysis.
- Can produce false signals in volatile markets.
Plot Information
| Number | Name | Default Color | Description |
Indicators
- Accumulation Swing Index ASI
- Accumulation/Distribution AD
- Adaptive moving average
- Alligator (Gator_2)
- Alligator (Gator)
- Aroon Down Indicator
- Aroon Oscillator
- Aroon Up Indicator
- Average Directional Movement Index ADX
- Average True Range- ATR
- Awesome Oscillator
- Bears Power
- Bollinger Bands-BB
- Bubi Candles
- Bulls Power
- BW-ZoneTrade-BWZT
- Chaikin Oscillator
- Chaikin Volatility-CHV
- ColorBars
- ColorLine
- Commodities Channel Index- CCI
- Crossover of Moving Averages
- Demarker Indicator
- Detrended Price Oscillator-DPO
- Directional Indicators-DI
- Directional Movement Index-DMI
- Disparity Index
- Double exponential moving average
- Double Exponential Moving Average DEMA
- Dynamic Support and Resistance
- Envelopes
- Exponential Moving Average-EMA
- Force Index
- Fractal Adaptive Moving Average-FrAMA
- Fractals
- Heikin Ashi
- Ichimoku Kinko Hyo (ichimoku)
- Keltner channel
- Market Facilitation Index
- Mass Index indicator (MI)
- McClellan Oscillator
- Momentum
- Money Flow Index MFI
- Moving Average
- Moving Average Convergence/ Divergence MACD MAC D
- Moving Average MV
- Moving Average of Oscillator
- On Balance Volume OBV
- Oscillator of a Moving Average OsMA ( MACD Histogram)
- Parabolic
- Parabolic SAR
- Price and Volume Trend (VPT) Indicator
- Price Channel Indicator
- Range Indicator
- Rate of Change ROC
- Relative Strength Index RSI
- Relative Vigor Index RVI
- Simple Moving Average SMA
- Smoothed Moving Average SMMA Custom Moving Average
- Standard Deviation (StdDev)
- Stochastic Oscillator
- The triple exponential average TRIX indicator
- Triple Exponential Average
- Triple Exponential Moving Average TEMA
- Triple Moving Average Crossover
- True Strength Index TSI
- Ultimate Oscillator
- Variable index Dynamic Average (VIDYA)
- Volume Rate of Change VROC
- Weighted Moving Average WMA
- Williams’ Percent Range-Williams %R Larry Williams Percentage Range (WPR)
Fundamental Summary
- Coming soon!!
Technical Summary
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