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Home Forex MT4 Indicators Aroon Indicator

Aroon Indicator

The Aroon Indicator for Metatrader 4 (MT4) is great tool for reading trends. Watch as the “Up Line” (Default color: Yellow) reaches 100 level – that means a strong up trend. Watch for the “Down Line” (Default color: Dodger Blue) reaches 100 level – that means a strong down trend. The Aroon Indicator lines are also useful when it crosses each other. It’s great way for trading signals generation.

Recomendation:
interval: more than 30 minutes;
period : 20.

How to install the Aroon Indicator on your Metatrader 4 trading platform – files format mq4 & ex4?

  • Download the indicator by clicking “LINK” button at the bottom of this post.
  • Copy and paste the Aroon Indicator into following folder of your Metatrader 4 (MT4) platform: MQL4 > Indicators.
  • You can gain access to the folders this way: File > Open Data Folder > MQL4 > Indicators (paste files here).
  • Restart your Metatrader 4 Client.
  • Select Chart and Timeframe where you want to test the indicator
  • Browse “Custom Indicators” in your Navigator that is located on the left in your Metatrader 4 platform.
  • Right click on aroon.mq4 and than click “Attach to the chart”.
  • You can modify settings if you need and than click ok.
  • The indicator is ready and running on the chart.

In the archives you will find following Metatrader 4 files included:

  • aroon.mq4
  • aroon.ex4

Aroon IndicatorFree Download

To download the Aroon Indicator for Metatrader 4 (MT4) for free just click the button below:

Aroon Indicator Free Download

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