AroonBot

AroonBot

Hello everyone, on the Market (https://o-s-a.net/market/products ) added the first free robot. 

AroonBot- a robot based on the Aroon indicator.

The Aroon indicator is a trend indicator that helps determine the trend direction.

Indicator Parameters:

1. Period. The period for which the indicator is calculated.

2. Up Horizontal Line. The upper level above which the bot enters the position.

3. Down Horizontal Line. The lower level below which the bot enters the position.

 

The logic of the bot is very simple:

Entering a Long position with the value of "AroonUp" of the indicator above the upper horizontal line and at the same time "AroonDown" below the lower horizontal line.

Entering a Short position with the value "AroonDown" of the indicator above the upper horizontal line and at the same time "AroonUp" below the lower horizontal line.

Exit the position:

For Long, when the Aroon Up falls below the upper horizontal line.

For Short, when Aroon Down will also drop below the upper horizontal line.

 

You can download the robot here: https://o-s-a.net/market/item/18   

 

Download, use, successful algorithms!

17:00
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