What Is The Aroon Indicator & How ... - Honest Forex Reviews

Is this a good use case for a macro?

I'll preface this with I have done OOP all my professional and amateur career (save for the one semester of BASIC I took in high school) and I'm still having issues understanding macros and the best way to use them.
That said, I'm writing a library to use for technical analysis on stocks/forex/futures/etc and am getting to the Aroon indicator. Basically the calculation is the same except for looking for a high for one part and then the low for the other part. Below is my naive first pass at solving the problem:
def aroon_up(prices) do number_of_periods = prices |> Enum.count corrected_prices = prices |> Enum.reverse high_period = calc_high(prices, 0, 0) (number_of_periods - high_period) / (number_of_periods * 100) end defp calc_high(prices, high, count) do case prices do [hd | tl] when hd > high -> calc_high(tl, hd, count + 1) [hd | tl] -> calc_high(tl, high, count + 1) [hd] when hd > high -> count _ -> count end end def aroon_down(prices) do number_of_periods = prices |> Enum.count corrected_prices = prices |> Enum.reverse low_period = calc_low(prices, nil, 0) (number_of_periods - low_period) / (number_of_periods * 100) end defp calc_low(prices, low, count) do case prices do [hd | tl] when low == nil -> calc_low(tl, hd, count + 1) [hd | tl] when hd < low -> calc_low(tl, hd, count + 1) [hd | tl] -> calc_low(tl, low, count + 1) [hd] when low == nil -> count [hd] when hd < low -> count _ -> count end end 
You'll notice there is a lot of repeating code. I'd love to be able to generate the base of the code from a macro but I'm stumped on how to do this without basically writing a bunch of case statements. Is this a valid use case for macros here or am I just over thinking the problem?
submitted by jhartwell to elixir [link] [comments]

How to Trade Aroon Indicator. How to Use the Aroon Indicator to Measure the Strength of ... Aroon Indicator Trading Strategy For Sureshot Profits ...

Learn how to use the Aroon Indicator trading strategy to detect changes in the trend direction with deadly accuracy.Every trader needs to know how to assess the strength of a given trend and asset. The Aroon oscillator is a two-in-one technical indicator that will help you correctly identify reversals and their strengths and weaknesses. . This guide is all about how to spot trend changes with ... The Aroon indicator was d eveloped by Tushar Chande in 1995, and is an indicator based trading system that determines whether a trading instrument is trending or not and how strong the trend is.As conceived by the creator, Aroon had to determine points for entering trades before other indicators and inform traders about this. While you can set the Aroon indicator to calculate any given number of periods, most day traders use the Aroon indicator with a standard 25-periods. We would recommend that you apply the Aroon indicator strategy with the standard 25-periods as well because it will help you stay “in sync” with the other traders in the market. Interpreting the Aroon Indicator . As you can see in the chart ... You may use the Aroon Indicator to align with any other indicators and create your trading strategy basing on it. The day chart. Example of the market entry made to trade following the retracement trend. The trend is determined by the Aroon 30 Indicator and the end of the retracement is determined by the Stochastic Indicator (5,3,3). If you use the Aroon Oscillator, you need to complete the ... Aroon Details. The idea behind Aroon indicator. Aroon indicator is a young one, developed by Tushar Chande in 1995. Aroon was created to measure strength of a trend and potentials for its continuation as well as the quality and type of the trend: up-trend, down-trend or sideways moving market. Aroon Indicator Strategy : Best Forex IntraDay Trading System Setting For Aroon Indicator Software and ADX FREE DOWNLOAD Best Forex Trading System Setting For Aroon Indicator Software and ADX – Traders use the Aroon “Up and Down” indicator lines to judge the strength of a trend, as absolute values signify strength, but simultaneous changes reflect a market that has yet to make up its mind. How to use the Aroon Indicator? Now that we know how to calculate the Aroon Indicator, it would be good to illustrate its use in a practical scenario. Take a look at the highlighted part of the chart below to see an example of a signal provided by the crossover between the up and down lines. Whenever there is a crossover, it indicates that a trader can expect a reversal in the trend. In this ... The Aroon indicator is derived from two lines, Aroon Up and Aroon Down. Both lines run in a marked range between 0-100 to help define a currency pair’s strength or weakness. The Aroon Down is ... The Aroon Indicator is a technical instrument used to measure the trend’s strength and identify the direction of the price change. The indicator consists of two lines ranging from 0 to 100. The Aroon The Aroon Indicator Strategy – How to Use the Aroon Indicator in Forex Trading. This is the second article in our Aroon Indicator series. If you haven’t already we suggest that you check out the first article about the Aroon Indicator. In that article, we covered the background of the Aroon Indicator, how it is calculated, and how it looks on a chart. Traders use the Aroon “Up and Down ...

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How to Trade Aroon Indicator.

How to use the Aroon Indicator to measure the strength of a trend http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHAR... How to Use the Aroon Indicator to Measure the Strength of a Trend 📈 - Duration: 8:56. ... 95% Winning Forex Trading Formula - Beat The Market Maker📈 - Duration: 37:53. TRADE ATS Recommended ... The term "Aroon" is a Sanskrit word, which means Dawn's early light. The developer of the Aroon indicator Tushar Chande chose the name as the indicator is de...