Hey traders! Today, I want to introduce you to the Aroon Oscillator Trend_x10 indicator, a powerful tool for your MetaTrader 5 setup. This nifty indicator provides a unique perspective by showing the Aroon Oscillator position across ten different timeframes.
So, how does it work? If the oscillator dips below the oversold level, you’ll see those squares turn a pale pink. On the flip side, when it climbs above the overbought level, those squares light up in a cheerful green. If it’s somewhere in between, the squares show up in gray. Pretty straightforward, right? The indicator pulls data from the last closed bars, giving you timely insights into market trends.
Fig.1. The Aroon Oscillator Trend_x10 indicator
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