Aroon oscillator 2 – indicator for MetaTrader 5

  • Platform: Metatrader5
  • Currency pairs: Any pairs, indices and metals
  • Trading Time: Around the clock
  • Recommended broker: icmarkets, XM
  • This is an upgraded version of Aroon oscillator that uses quantile bands for levels and can filter either prices, result or both in order to lessen the false signals number.

    Code has been changed in order to reflect the latest changes in the new builds of metatrader 5. Also, some code optimization has been made.
    The indicator is multi time frame version with usual set of alerts and usual set of choice of 22 prices included.

  • How to install MT5 indicator?
  • 1. On the desktop, double-click to open the MT45 trading platform software you installed.
  • 2. Click on “File” in the upper left corner – “Open Data Folder”, double-click the MQL5 folder, and double-click the Indicators folder
  • 3. Copy the metrics you need to install to the Indicators folder
  • 4. Open MT5, find “Navigator” in the display menu, then click “Technical Indicators” of “Navigator” and right click to refresh, you will see the indicator just copied.
  • 5. In the “Technical Indicators” of “Navigator”, find the indicator file just installed, double click or click manually to the chart window