A dynamic excel document to calculate trading trend direction and trend strengthUsed in Technical Analysis.
Warning: Last items in stock!
In 1995 Tushar Chande, developed the Aroon indicator to determine trend direction and strength. The indicator's greatest value is in helping traders and investors to distinguish whether a long-term trend is ending or simply stalling before another move.
Higher Aroon values indicate more recent highs and lows, while lower values indicate less recent highs and lows. Moreover, the Aroon values oscillate between 100 and 0 - a higher number indicates a stronger trend and vice versa.
Example stock data of Apple is included.
Also included is a profit simulation to see the effect of the variable input of the buy- and sell moments on the profit.
System requirements: windows, excel 2007 or higher.
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