AROON MT5 Indicator

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Last Updated on June 26, 2025 by Tim Morris

There are three adjustable parameters:

  • Period – calculation period;
  • Overbought – overbought level;
  • Oversold – oversold level.

Calculation:

Aroon Up[i] = 100 * (Period - i + PosMax) / Period
Aroon Dn[i] = 100 * (Period - i + PosMin) / Period

where:

PosMax, PosMin – numbers of bars for the highest and lowest prices within the predefined Period.

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