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Technical Indicator

home/Knowledge Base/Technical Support/API/Client API's/VTL/VTL Server Scripts/Technical Indicator/Aroon

Aroon

1 views 0 December 16, 2021 hybrid-solutions

Syntax

Public Function Aroon(period As Integer) As String

The Aroon indicator is often used to determine whether a stock is trending or not and how stable the trend is.

Trends are determined by extreme values (above 80) of both lines (Aroon up and Aroon down), whereas unstable prices are determined when both lines are low (less than 20).

Parameters

Key Description
period Period as integer


Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


See Also

  • AroonOscillator
  • ChaikinMoneyFlow
  • ChaikinVolatility


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