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Trading and Investment Terminology

Aroon Indicator

The Aroon indicator was developed by Tushar Chande in 1995.
Aroon is an indicator system that determines whether a stock is trending or not and how strong the trend is.

When it comes to day trading, strategies based on the Aroon indicator are some of the best you can apply to make quick profits in the markets. 

Aroon is one of the handfuls of technical indicators that can help you achieve consistent success with trend trading, as well as trading within a range.