Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 14 September 2020 12:29 PM


 Public Function Aroon(chart_Id As Long, period As Integer) As String


The Aroon indicator is often used to determine whether a stock is trending or not and how stable the trend is.

Trends are determined by extreme values (above 80) of both lines (Aroon up and Aroon down), whereas unstable prices are determined when both lines are low (less than 20).


Key Description 
chart_Id Chart identifier, 0 is the current chart, a value of type Long
period The calculation period, on which the indicator will be calculated, a value of type Integer.

Return value

Returns the handles of a technical indicator, in case of failure returns an empty string.


Public Sub main()

AlertMessage (aroon(0,14)) 'Draws the indicator on the chart and shows a message box with the indicator name.

End Sub

See Also

Back to VTL Client Script Index

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