Forex Smooth Aroon MT4 Indicator:
About the Forex Smooth Aroon MT4 Indicator
Smooth Aroon MT4 is a version of the Aroon Up and Down with smoothing and filtering.
You have smoothing from 0 to 99. To smooth a signal, find the maximum value of the points in question then set the smoothing level above the maximum value.
For example : If you want to smooth all signals below 30, then you should set the smoothing level above 30
This also smooths all signals above 70, since the Aroon Up and Down Oscillates between 0 and 100.
If you only want to see where Aroon Up and Down cross, set “Show only crosses ?” to true
Filtering works with or without smoothing
1. Smoothing works for all periods
2. Added “Show only crosses” mode
Copy and paste the file into the MQL4 Indicators folder of the Metatrader 4 trading platform.
You can access this folder from the top menu as follows:
File > Open Data Folder > MQL4 > Indicators (paste here)