Since I love the Aroon Indicator so much, and think it is one of the best determinations for a future Bull Trend, I wanted to make a spot where people can post charts where: 1. The Arroon Green Line (UP) is above 70 2. The Aroon Red Line(DOWN) is below 30 I find that criteria to be the best, especially if it is happening at the moment! I look forward to any and all contributions.
Eventually, I want to have MOMO alerts go out via IHUB board mail whenever we find a true gem via the good ol' trusty Aroon.
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For those interested in how the Aroon Indicator is calculated:
Bullish - [(# of periods) - (# of periods since highest high)] / (# of periods)] x 100 Bearish - [(# of periods) - (# of periods since lowest low)] / (# of periods)] x 100