Aroon indicator is an invention of Tushar Chande which was developed in the year 1995. Aroon indicator identifies the existence of a trend, identifies probable trend change, and measures the strength of the trend. This is a great technical indicator for trend traders as it can be easily used the monitor the trend behavior of the asset under study at a certain period and this would enable to gain insight into the market of such an asset before choosing their entry/exit positions in a trade.

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