CitiFX Pro News - AROON Up-Down Indicator

 

CitiFX Pro News - How-to Guides

AROON Up/Down Indicator
03.01.2012

The AROON Up and Down indicator provides buy and sell signals. The indicator calculates the number of days that have passed since the last high or low. Whilst the AROON Down measures falling prices, the AROON Up looks at rising prices.

Applying the AROON Up/Down indicator onto a chart is simple with the Citi FX Pro platform. The first step is to go to:

Trading > Charts > > Oscillators > AROON Up/Down Indicator (AR)

Once you have selected the indicator a menu will appear. From here you can adjust the default settings to suit your own personal preferences. As you can see from the screenshot below, there are numerous settings that you can change from how the indicator is calculated, right down to the colour and size of the Up/Down lines.

Once you are ready to apply the indicator onto the chart, click ‘OK’.

The screenshot below displays the AROON Up/Down indicator as a separate pane on a EURUSD chart. If at any point you wish to delete the indicator or want to adjust the settings, click on the indicator logo on the left and select ‘Properties’.

What really sets the Citi FX Pro platform ahead from the competition is the level of customisation. Not only can you adjust the indicator itself, but there’s also the option to change the chart settings – allowing the trader to create a completely bespoke trading environment.

There are a number of ways you can edit the chart. If you wish to change text font/ grids/ cursors/ backgrounds/ or any of the default settings then right-click on the chart and select ‘Settings’.

If you wish to change the chart itself, then select from the dropdown menu that sits on the top navigation. From here you can also change the time frame (See below).

You can also add your own custom annotations on to the study by clicking on:  From here you can add diagrams, additional text and lines.

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