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Aroon Oscillator Metatrader 4 Indicator

    The Aroon Oscillator indicator for Metatrader 4 oscillates between +100 and -100 .

    It provides buy and sell signals based on the Aroon formula (Aroon Up – Aroon Down).

    Trading signals: Bullish – Buy at the green dots. Bearish – Sell at the red dots.

    General Assumptions:

    • Price bullish above the zero line.
    • Price bearish below the zero line.
    • Strong uptrend above +50
    • Strong downtrend below -50


    Download the Aroon Oscillator.mq4 indicator.

    EUR/USD Daily Chart Example


    How to install the Aroon Oscillator custom indicator in Metatrader 4?

    • Download the Aroon Oscillator.mq4 indicator to your computer.
    • Open your Metatrader 4 platform.
    • Open the data folder from the top menu.
    • Open the MQL4 folder.
    • Open the indicators folder.
    • Paste the indicator file in this folder.
    • Restart the trading platform.
    • Open any trading chart.
    • Attach the indicator to the chart.