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Aroon Oscillator 3 AM Ind MT4

A fair assessment, reviews and comments are the best gratitude to the author of this product for the work done.

I would be glad to receive any constructive suggestions and comments.


The presented indicator is the author's implementation of the classic Aroon oscillator.


The Aroon indicator was developed in 1995 by the Indian trader Tushar Chande.

Chand's origin played a role in choosing an unusual name for the oscillator.

"Aroon" is translated from Sanskrit as "Light of the morning dawn".


In the proposed version, the indicator is displayed as a familiar oscillator whose values ​​oscillate around zero.

The indicator allows you to select the calculation method (based on the closing price or maximum / minimum price values).

The indicator also allows you to set up a signal line to identify points of strengthening or weakening the current trend.

Thus, the indicator signals both a change in trend direction and local changes in trend strength.


Indicator signals:

  • A signal about a change in trend direction is given after the oscillator crosses its zero value;
  • A signal about strengthening / weakening the current trend is given after the oscillator crosses the signal line.


The indicator does not repaint on fully formed bars.

The indicator signals are sent after the bar on which the signal appeared has finished forming.

The signals are marked both in the oscillator window and on the price chart.

The indicator allows you to set up notifications about your signals to your mobile terminal and email.


Configurable parameters:

  • Aroon_Period - period of data for indicator calculation;
  • Aroon_Type - price type for indicator calculation;
  • Threshold_Value - the threshold value, when exceeded by the indicator values, signals the beginning of a trend;

  • Width_Indicator_line - thickness of the main line of the indicator;
  • Color_of_Indicator_line_UP - color of the main line of the indicator "UP";
  • Color_of_Indicator_line_DN - color of the main line of the indicator "DN";

  • Shift_Signal_Line - shift of the signal line relative to the indicator;

  • Width_Signal_line - thickness of the signal line of the indicator;
  • Color_of_Signal_line - color of the signal line of the indicator;

  • Number_of_bars_calculated - number of bars on which the indicator will be calculated and displayed (> 300);

  • M_Signal_on_Oscillator - display of the main signal on the oscillator;
  • A_Signal_on_Oscillator - display of the additional signal on the oscillator;

  • Distance_for_M_Signal_point_on_Oscillator - distance from the oscillator to the signal point of the main signal;
  • Width_M_Signal_point_on_Oscillator - thickness of the signal point of the main signal on the oscillator;
  • Color_of_M_Signal_UP_on_Oscillator - color of the signal point of the main signal "UP" on the oscillator;
  • Color_of_M_Signal_DN_on_Oscillator - color of the signal point of the main signal "DN" on the oscillator;
  • Distance_for_A_Signal_point_on_Oscillator - distance from the oscillator to the signal point of the additional signal;
  • Width_A_Signal_point_on_Oscillator - thickness of the signal point of the additional signal on the oscillator;
  • Color_of_A_Signal_UP_on_Oscillator - color of the signal point of the additional signal "UP" on the oscillator;
  • Color_of_A_Signal_DN_on_Oscillator - color of the signal point of the additional signal "DN" on the oscillator;

  • M_Signal_on_Chart - display of the main signal on the price chart;
  • A_Signal_on_Chart - display of the additional signal on the price chart;

  • Distance_for_M_Signal_point_on_Chart - distance from the price chart to the signal point of the main signal;
  • Width_M_Signal_point_on_Chart - thickness of the signal point of the main signal on the price chart;
  • Color_of_M_Signal_UP_on_Chart - color of the signal point of the main signal "UP" on the price chart;
  • Color_of_M_Signal_DN_on_Chart - color of the signal point of the main signal "DN" on the price chart;
  • Distance_for_A_Signal_point_on_Chart - distance from the price chart to the signal point of the additional signal;
  • Width_A_Signal_point_on_Chart - thickness of the signal point of the additional signal on the price chart;
  • Color_of_A_Signal_UP_on_Chart - color of the signal point of the additional signal "UP" on the price chart;
  • Color_of_A_Signal_DN_on_Chart - color of the signal point of the additional signal "DN" on the price chart;

  • Alerts - displays a dialog box containing information about the indicator signal;
  • Send_Notification - sends a notification to mobile terminals whose MetaQuotes ID is specified in the settings window on the "Notifications" tab;
  • Send_Mail - sends an email to the address specified in the settings window on the "Mail" tab.

Best wishes,

Andriy Matviyevs'kyy


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Currency Strength Wizard est un indicateur très puissant qui vous offre une solution tout-en-un pour un trading réussi. L'indicateur calcule la puissance de telle ou telle paire de devises en utilisant les données de toutes les devises sur plusieurs périodes. Ces données sont représentées sous la forme d'un indice de devise facile à utiliser et de lignes électriques de devise que vous pouvez utiliser pour voir la puissance de telle ou telle devise. Tout ce dont vous avez besoin est d'attacher l'
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Bernhard Schweigert
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** All Symbols x All Timeframes scan just by pressing scanner button ** *** Contact me  to send you instruction and add you in "Market Structure group" for sharing or seeing experiences with other users. Introduction: Market structure is important for both new and professional traders since it can influence the liquidity and price action of a market (Breakout and Retest). It’s also one of the most commonly used techniques to understand trends, identify potential reversal points, and get a feel f
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Juvenille Emperor Limited
5 (3)
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ACTUELLEMENT 31% DE RÉDUCTION ! ! La meilleure solution pour tout débutant ou Expert Trader ! Cet indicateur est un outil de trading unique, de haute qualité et abordable car nous avons incorporé un certain nombre de caractéristiques exclusives et une formule secrète. Avec seulement UN graphique, il donne des alertes pour les 28 paires de devises. Imaginez comment votre trading s'améliorera parce que vous serez capable de repérer le point de déclenchement exact d'une nouvelle tendance ou d'
Laissez un commentaire après l'achat pour recevoir 4 indicateurs de haute qualité en bonus. L'indicateur Chart Patterns All-in-One aide les traders à visualiser divers modèles de graphiques couramment utilisés dans l'analyse technique. Cet indicateur soutient l'identification des comportements potentiels du marché, mais ne garantit pas de rentabilité. Il est recommandé de tester l'indicateur en mode démo avant de l'acheter. Offre actuelle : 50 % de réduction sur l'indicateur "Chart Patterns All
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Blahtech Supply Demand
Blahtech Limited
4.61 (33)
Was: $299  Now: $99   Supply Demand uses previous price action to identify potential imbalances between buyers and sellers. The key is to identify the better odds zones, not just the untouched ones. Blahtech Supply Demand indicator delivers functionality previously unavailable on any trading platform. This 4-in-1 indicator not only highlights the higher probability zones using a multi-criteria strength engine, but also combines it with multi-timeframe trend analysis, previously confirmed swings
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A fair assessment, reviews and comments are the best gratitude to the author of this product for the work done. I would be glad to receive any constructive suggestions and comments. The presented indicator is the author's implementation of the classic Fractals indicator. Fractals are a technical indicator developed by Bill Williams , allowing you to determine a trough or a peak on the chart of the financial instrument in question. A fractal consists of candles, the middle of which is either
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A fair assessment, reviews and comments are the best gratitude to the author of this product for the work done. I would be glad to receive any constructive suggestions and comments. The presented product is the author's implementation of the NRTR indicator. In 2001, Nikolay Kopyrkin described an indicator that he called NRTR (Nick Rypock Trailing Reverse). The essence of the NRTR indicator is that it is always at a constant distance from the achieved price extremes - under the chart on uptr
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Version 3.50 2024.10.01
The indicator has been updated to version 3.5.
1. Fixed the error of incorrect display of the indicator on charts with very little historical data.
Version 3.0 2024.10.01
The indicator has been updated to version 3.0.
1. The configurable parameters are arranged in groups;
2. The display of threshold lines has been added.
Version 2.50 2024.09.30
The indicator has been updated to version 2.0.
1. Fixed a bug in update 1.5. related to the name of the configurable parameter.
Version 2.0 2024.09.30
The indicator has been updated to version 2.0.
1. Added customizable parameters for the main indicator line and the indicator signal line.
Version 1.50 2024.09.29
The indicator has been updated to version 1.5.
1. Added a limitation on the history depth for calculating the indicator (customizable by the user) to speed up the indicator when switching between instruments and time periods;
2. Indicator display control (line color, line thickness) has been moved to the customizable parameters.