F Fran8 Active member Messages 212 Likes 1 Aug 20, 2009 #1 Hi does anyone use it? Is reliable? What should be the time frame? Thanks Last edited: Aug 20, 2009
M mrsoul Well-known member Messages 323 Likes 36 Aug 20, 2009 #2 Fran8 said: Hi does anyone use it? Is reliable? What should be the time frame? Thanks Click to expand... I've made a few trades using the Aroon-I lost money every time. In my opinion, the Aroon does not work- stay away from it!
Fran8 said: Hi does anyone use it? Is reliable? What should be the time frame? Thanks Click to expand... I've made a few trades using the Aroon-I lost money every time. In my opinion, the Aroon does not work- stay away from it!
F Fran8 Active member Messages 212 Likes 1 Aug 20, 2009 #3 Thanks for the info Im sorry that you lost, which trend indicator you recommend then?
W Warrant Newbie Messages 3 Likes 0 Aug 20, 2009 #4 Trailing stop I use Aroon for trailing stop to indicate when there is a change that the current trend is ending. So far I have not used it to enter a trade, but it confirms trends quite nicely. It is a lagging indicator, so alone it is not enough.
Trailing stop I use Aroon for trailing stop to indicate when there is a change that the current trend is ending. So far I have not used it to enter a trade, but it confirms trends quite nicely. It is a lagging indicator, so alone it is not enough.
F Fran8 Active member Messages 212 Likes 1 Aug 20, 2009 #5 So you think that I should use an oscilator with it, which one you recommend
F Fran8 Active member Messages 212 Likes 1 Aug 20, 2009 #7 No it was invented by other person follow the link to investopedia it says everything Aroon Indicator
No it was invented by other person follow the link to investopedia it says everything Aroon Indicator
F Fran8 Active member Messages 212 Likes 1 Aug 20, 2009 #8 please follow the link for threat about indicators http://www.trade2win.com/boards/general-trading-chat/71430-ummm-stock-should-i-choose.html
please follow the link for threat about indicators http://www.trade2win.com/boards/general-trading-chat/71430-ummm-stock-should-i-choose.html