Aroon Indicator

What is the best way to implement Aroon Indicator in intraday, please provide chart.

Hello,

May I suggest
http://www.investopedia.com/terms/a/aroon.asp?viewed=1

AND
http://www.investopedia.com/articles/trading/06/Aroon.asp?viewed=1

Happy Trading

Hi,
thank gsalvad for your input
The web site never give us the track, those are my equations
a) What is the meaning if both aroon are parallel with angle to up or down and no distance between them?
b) What is the meaning if both aroon are parallel with angle to up or down and there is a distance between them?
c) What is the meaning if one of the aroon goes up or down with angle 90 degree and back again ?
d) What is the meaning if one of the aroon break his way in the area between 30 -70 in sharp angle?
e) What is the meaning if one of the aroon was up and the other in zigzag?
f) What is the best interval period for arron in intraday 5minit, 5 and 10, 5,10,30 ..
g) What is the arron setting?
h) Depend on the arron, how we can assume that the market is good or not for trader?
Regards

Dear Alrafee,

I really don't use Aroon indicator and not into much of it.
Basically I know it is used to detect the trend and to weight the strength of a trend.

Though I hope what I gathered here would answer your questions I hope.

"When Aroon(up) and Aroon(down) are moving together, there is no clear trend (the price is moving sideways, or about to move sideways).

When the Aroon(up) is below 50, it is an indication that the uptrend is losing its momentum, while when the Aroon(down) is below 50, it is an indication that the downtrend is losing its momentum.

When the Aroon(up) or Aroon(down) are above 70, it indicate a strong trend in the same direction, while when the value is below 30, it indicates a trend coming in an opposite direction.

Finally, for the Aroon Oscillator, the positive value indicates an upward trend (or coming trend), and the negative value indicates a downward trend. The higher the absolute value of an oscillator, the stronger is an indication of a trend."

Aroon and RMO are Indian contribution to Technical Analysis. But utility of Aroon is under-explored. Use ADX coz adequate literature is available about it. Regards.