Aroon

Summary

An indicator for identifying trends in a currency pair, as well as for gauging the probability of a trend reversal.

Remarks

The indicator fluctuates between 0 and 100, with values above 80 signalling an upward trend, and values below 20 signalling a downward trend.

Syntax

public interface Aroon

Members

Name	Type	Summary
Down	Property	Aroon Down
Up	Property	Aroon Up

Example 1

	using cAlgo.API;
	using cAlgo.API.Indicators;
	namespace cAlgo.Indicators
	{
	    [Indicator]
	    public class AroonReferenceExample:Indicator
	    {
	        private Aroon _aroon;
	        [Parameter("Periods", DefaultValue = 25)]
	        public int Periods { get; set; }
	        [Output("Up")]
	        public IndicatorDataSeries ResultAroonUp { get; set; }
	        [Output("Down")]
	        public IndicatorDataSeries ResultAroonDown { get; set; }
	        protected override void Initialize()
	        {
	            _aroon = Indicators.Aroon(Periods);
	        }
	        public override void Calculate(int index)
	        {
	            ResultAroonUp[index] = _aroon.Up[index];
	            ResultAroonDown[index] = _aroon.Down[index];
	        }
	    }
	}

Example 2

using cAlgo.API;
using cAlgo.API.Indicators;
namespace cAlgo.Robots
{
    // This sample cBot shows how to use an Aroon indicator
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class AroonSample : Robot
    {
        private double _volumeInUnits;
        private Aroon _accumulativeSwingIndex;
        [Parameter("Volume (Lots)", DefaultValue = 0.01)]
        public double VolumeInLots { get; set; }
        [Parameter("Stop Loss (Pips)", DefaultValue = 10)]
        public double StopLossInPips { get; set; }
        [Parameter("Take Profit (Pips)", DefaultValue = 10)]
        public double TakeProfitInPips { get; set; }
        [Parameter("Label", DefaultValue = "Sample")]
        public string Label { get; set; }
        public Position[] BotPositions
        {
            get
            {
                return Positions.FindAll(Label);
            }
        }
        protected override void OnStart()
        {
            _volumeInUnits = Symbol.QuantityToVolumeInUnits(VolumeInLots);
            _accumulativeSwingIndex = Indicators.Aroon(25);
        }
        protected override void OnBar()
        {
            if (_accumulativeSwingIndex.Up.Last(1) > _accumulativeSwingIndex.Down.Last(1) && _accumulativeSwingIndex.Up.Last(2) < _accumulativeSwingIndex.Down.Last(2))
            {
                ClosePositions(TradeType.Sell);
                ExecuteMarketOrder(TradeType.Buy, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
            }
            else if (_accumulativeSwingIndex.Up.Last(1) < _accumulativeSwingIndex.Down.Last(1) && _accumulativeSwingIndex.Up.Last(2) > _accumulativeSwingIndex.Down.Last(2))
            {
                ClosePositions(TradeType.Buy);
                ExecuteMarketOrder(TradeType.Sell, SymbolName, _volumeInUnits, Label, StopLossInPips, TakeProfitInPips);
            }
        }
        private void ClosePositions(TradeType tradeType)
        {
            foreach (var position in BotPositions)
            {
                if (position.TradeType != tradeType) continue;
                ClosePosition(position);
            }
        }
    }
}

Reference