Aroon
TrendOwn panel belowHow long ago the recent high and low happened, scaled 0–100.
What it looks like
Drawn by running the real calculation over one sample series. Open a symbol and it is recalculated on that symbol's bars.
How to read it
If today is the period high, the upper line is 100 and it falls towards 0 as that high ages. The lower line does the same with lows. Upper high and lower low reads as an up run still alive.
Where it misleads
It moves in steps — one new high takes it from 0 straight to 100.
Default settings
You can change these on the chart. These are the values it starts with.
In SQMATE
One tap to add
Open a symbol, tap the name in the indicator list and it is drawn straight away. You can stack several copies of the same indicator with different settings.
Recalculated per timeframe
Switch between minute, hourly, daily, weekly or monthly bars and it is recalculated on that timeframe. The maths runs over every bar loaded, so zooming never moves the line.
Use it as a search condition
Some indicators can also be used as an axis when searching for symbols — for example, keeping only symbols above a given reading, scanned every night.
Related indicators
- VortexUpward and downward rotation force drawn side by side.
- Choppiness IndexWhether the market is trending or chopping, scaled 0–100.
- Mass IndexWatches the rhythm of bar ranges widening and narrowing to spot possible reversals.
- Gator OscillatorBars showing how far apart the three Alligator lines are.
- Linear Regression SlopeOnly the slope of the straight line fitted to the recent window.
- Accumulative Swing Index (ASI)A running total of how much each bar really moved.
Every indicator is an observation computed from past bars. It does not tell you future prices and it is not investment advice.