Aroon Oscillator Binary Indicator
The Aroon binary indicator oscillates between +100 and -100 extreme values. Green dots represent buy CALL opportunities in up trends. Red dots represent buy PUT opportunities in down trends. Use in conjunction with trend following indicators to find the overall trend first. Then trade in the direction of the overall trend.
Assets: Currencies, Commodities, Indices, Stocks
Expiry times: 60 seconds up to 1 week
Time frames: from 1 min up to daily
Configurable Indicator Options
Colors, Period, Filter…
Example: EUR/USD Hourly Chart