Modify Aroon indicator afl for Amibroker


Aroon indicator afl use worldwide as a technical indicator. This Afl is very much popular in India where all people are called it – Aroon indicator for Indian stocks. Also For trading purpose, many organization make there own aroon indicator software . By this afl, Some modify occurs in formula . Altered from aroon indicator screener, from this we can change different Color, Style properties for up and down Aroon.

What is the ‘Aroon Indicator’

The Aroon indicator formula is a technical indicator that is used to identify when trends are likely to change direction. In essence, the indicator measures the time that it takes for the price to reach the highest and lowest points over a given time frame as a percentage of total time. The indicator consists of the “Aroon up” line, which measures the strength of the uptrend, and the “Aroon down” line, which measures the strength of the downtrend.

Image of Aroon Indicator Strategies AFL [amibroker formula language].


 Aroon Indicator Download 

How to use Amibroker AFL

    • Download the Amibroker AFL File.
    • Now copy the afl file and paste it to \Program Files\AmiBroker\Formulas\Custom. [For 32 bit]
    • For 64 bit operating system than paste it to  \Program Files(x86)\AmiBroker\Formulas\Custom.
    • Go to formula section of Amibroker and you will get the afl in Custom folder.

Don’t Know How To Set Amibroker? If not than Just Watch.


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