Aroon Filter
Hello,
I came across this useful trend filter that I think would work well to open/close trades in a trending market. It could work very well with the current trend filters we have (trend, macd, MA's etc). I think that the strategy would be similar to the macd one we currently have, of 2 growing/declining bars for buy or sell signals
It seems trend is marked by color. Are you sure you want to use growing bars?
Do you have version for MT4