Does Aroon shine for you?

Being a newbie to trading, I spend quite a bit of time checking out indicators, at least those given in diet odin. tried out aroon indicator & aroon oscillator. it looked pretty promising. i combined it wth macd histogram & MFI. cud identify turning pts quite well, though realtime trading wl be a different ball game. i just wanted to know what number of period you use & ur experience wth it. i tried out for 8 periods.

can u post a few charts??
also the afl u using alongwith rules on how u using

Now Aroon Down has crossed 50 after touching zero. And Aroon Up has come below 50, from 100. Is Aroon predicting a downslide ?? But will it touch upper BB before it slides down (The RSI is moving up, though waveringly)?

Aroon lost its Sheen atleast from the point of view of Traderji members.

Aroon is a Sanskrit word meaning “dawn’s early light” or the change from night to day.

To rekindle,here is what i read from NEST Plus(A Trading Platform) News letter today(provided by Omneseys System)
Quote:

A new sample strategy for Nest Pulse
Developed by TusharChande in 1995, Aroon is an indicator system that determines whether a stock is trending or not and how strong the trend is.There are two separate indicators: Aroon-Up and Aroon-Down.
The Aroon indicators are quite different from typical momentum oscillators, which focus on price relative to time. Aroon is unique because it focuses on time relative to price. Chartists generally use the Aroon indicators to spot emerging trends, identify consolidations, define correction periods and anticipate reversals.
The bulls have the edge when Aroon-Up is above 50 and Aroon-Down is below 50. This indicates a greater propensity for new x-day highs than lows. The converse is true for a downtrend. The bears have the edge when Aroon-Up is below 50 and Aroon-Down is above 50.


How can I apply this on Nest Pulse?

Go Long when: AROONUP (25) > 90 AND AROONDOWN (25) < 10
Go Short when: AROONUP (25) < 10 AND AROONDOWN (25) > 90
Unquote:
For Ref: http://www.paritech.co.uk/education/technical/indicators/trend/aroon.asp

Aroon (25) on which TF ?? Normally Aroon (14) is used.

timepass,
Frankly,i have come across this indicator only today & hence unable to answer u.
But upon back testing on daily chart,i find this indicator definitely gives good reversal signals in advance bet 70-100,up & down.

I would try this on monday live 5/15min TF & post my observation for whatever it is worth.

I have a problem with NOW charts so am not using them, and Sharekhan's TT does not have this indicator. So, it would be great if you could give feedback about it.

Also, to save chart/screen space, you could maybe use the Aroon oscillator (which is a simple equation.. i think it is +Aroon -Aroon.. something like that).

thread started with title Does Aroon shine for you?

.............and there is no answer from anybosy............

instead a discussission is in process.....what period/combination....blah...blah...blah.......:rofl: :rofl:

good........lage raho.......

BTW, the question is being asked in wrong form........

it should be...., does your a/c shine because of Aroon or any other indicator....

Well......., never tried aroon....., and no indicator issue a gurantee ........

How do I know whether it shines for me or not ?? I am not able to use it, so what's the use even if it shines for me