Aroon Indicator Video Lesson? How to Trade It?
Research Performed With TrendSpider
I conducted an extensive backtest of the Aroon indicator, analyzing the DJ30 stocks over 360 years and an additional 26 years of S&P 500 data, amounting to over 13,360 years of data. While not all Aroon configurations proved effective, I identified the most profitable settings.
My favorite trading tools are TrendSpider and TradingView. This research was performed with TrendSpider, but TradingView is also excellent.
| Ratings | TrendSpider 4.8/5.0 | TradingView 4.7/5.0 |
| Features | Charts, Watchlists, Screening | Charts, Trading, News, Watchlists, Screening |
| Unique Features | Real AI, Pattern Recognition, Best Backtesting, Auto-trading, News Scanner | 20 Million User Community, Backtesting, Bots, Global Data |
| Best for | Stock, Options, Fx & Crypto Traders | Stock, Fx & Crypto Traders |
| Free Plan | ❌ | TradingView Free |
| Free Trial | Free 7-Day | Free 30-Day |
| Discount | Use Code "LST30" for -30% on monthly or -63% off annual plans | $15 Discount Available + 30-Day Premium Trial |
| Price | $107/m or $48/m annually | Free or $59/m or $49/m (-16%) annually |
| Markets | USA | Global |
| Full Review | TrendSpider | TradingView |
Read the full article here: Trading the Aroon Indicator.