Aroon Indicator Trading Strategy, Part 1

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TopDogTrading

TopDogTrading

Күн бұрын

Пікірлер: 140
@jackmerz
@jackmerz 6 жыл бұрын
Studied over 3000 indicators last 35 years. This is the best explanation of how to use the Aroon that I've come across. Like your methodology. Thanks for the info.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you so much Jack!
@trelynpounds3325
@trelynpounds3325 6 жыл бұрын
TopDogTrading like the aroon on think or swim?
@icyboy771z
@icyboy771z 5 жыл бұрын
3000? Most of the indicators are just variations of each other. Best is RSI, Stochstic RSI, MACD and bollingers
@kenchiishow4362
@kenchiishow4362 5 жыл бұрын
icyboy771z those are great, i stopped using them now tho. In my opinion there are much better ines
@Power_Windows
@Power_Windows 5 жыл бұрын
what's your top 3?
@vtbhagat
@vtbhagat 4 жыл бұрын
VERY WELL MENTORED . SET THE QUERY AND VERIFIED THAT IT WORKS WELL.THANKS
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Glad to be of help.
@tariq1107
@tariq1107 6 жыл бұрын
Thanks a lot Barry , you are not only keeping things simple and clear but also your cheerful voice and your sense of humor make trading bearable (and maybe enjoyable)...thanks again (from Egypt)
@TopDogTrading
@TopDogTrading 6 жыл бұрын
I appreciate your kind words Tariq.
@wendyowen969
@wendyowen969 5 жыл бұрын
This is a great strategy for the Aroon Barry! I previously put this in the bin, but will dust if off and test it out.
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Great Wendy, hope it works out well for you.
@Yahooooogle
@Yahooooogle 5 жыл бұрын
Hi Wendy, I recognised you from all the VP comments that I read :) great to see another TopDog + VP follower... from another TopDog + VP fan from Australia...
@skynextech1616
@skynextech1616 3 жыл бұрын
I'm still a beginner so not in a position to provide valuable, constructive criticism but definitely well explained, even the basic stuff that newbies may not know (which is also much appreciated).
@TopDogTrading
@TopDogTrading 3 жыл бұрын
Thank you Shynex Tech.
@jorgequintanillare
@jorgequintanillare 5 жыл бұрын
Awesome dude! This is great explanation. I'm using Aroon for about 3 weeks at 14period.. is good, timely entries (I use a 2nd entry confirm indicator too), but this makes s whole lot of sense! thanks!
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Glad I could help Jorge.
@billyward7848
@billyward7848 4 жыл бұрын
I bought your book yesterday Dr Burns, looking forward to a good read. Keep doing what you're doing...very interesting and very good information you are sharing.
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Awesome, thank you Billy!
@billyward7848
@billyward7848 4 жыл бұрын
Thanks, very much appreciated. Looking forward to more of your teachings...
@TopDogTrading
@TopDogTrading 4 жыл бұрын
More to come Billy!
@max55well
@max55well 2 жыл бұрын
Thanks as always. You added value to my knowledge.
@TopDogTrading
@TopDogTrading 2 жыл бұрын
Glad it was helpful Richard
@sameerk12982
@sameerk12982 3 жыл бұрын
Hello from India Sir... Thank you very much for this easy to understand and very helpful informative video.... Appericiated. :)
@TopDogTrading
@TopDogTrading 3 жыл бұрын
You're most welcome Sameer.
@johneeds
@johneeds 6 жыл бұрын
I've looked at the AROON. I like it because of its sharp signals rather then curved oscillations. I don't use it however because there re better indicators and I prefer Stochastic, with Barry's settings, and the CCI indicators. Thanks for this lesson Barry!
@TopDogTrading
@TopDogTrading 6 жыл бұрын
You're very welcome and I appreciate your comments.
@EileenMachida
@EileenMachida 6 жыл бұрын
One of the few indicators that is worth trying.
@mahussain9764
@mahussain9764 2 жыл бұрын
you have explained best , uncle, keep it up.!!
@TopDogTrading
@TopDogTrading 2 жыл бұрын
Thank you, I will
@davidhaylett1810
@davidhaylett1810 4 жыл бұрын
Good concepts for improvement but for forex on the daily chart I find that even using extreme values gives a late entry and exit signal. Main problem appears the period setting of 25. On MT4 the default setting is 14 and works much better. Lower settings work better in some cases but then give too many whipsaws.
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Yes, for every advantage, there's a disadvantage! As long as you're aware of that, you can make a choice one way or the other and master it.
@hussamabusuud3420
@hussamabusuud3420 4 жыл бұрын
Best explanation I have heard of how to use this indicator. Part 2 is a must see. It has further excellent information on how to scan and use the indicator. Thank you very much.
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Glad it was helpful! Part 2 is here: kzbin.info/www/bejne/q4KUeISbjb2Nfsk
@billbowers2805
@billbowers2805 6 жыл бұрын
Barry-thanks again, putting the spotlight on what and how is the aroon indicator.
@mathursuresh1505
@mathursuresh1505 3 жыл бұрын
Awesome explanation on Aroon Indicator. Have been using this as my primary confirmation indicator with secondary one with Chaikin Money Flow. Thanks a lot for your explanation.
@TopDogTrading
@TopDogTrading 3 жыл бұрын
Thank you for the nice comment and I'm glad it was helpful Mathur.
@raviranjananand854
@raviranjananand854 4 жыл бұрын
Excellent. No one in the world explained better than you. Thanks
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Wow, thanks!
@raviranjananand854
@raviranjananand854 4 жыл бұрын
@@TopDogTrading You are Welcome Dear. i Tried this indicator in trading NIfty India today in a stock. This indicator creates confusion in between . Can you please guide Which is the best indicator or a combination of indicator in trading stocks intraday. I am from Shimla, Queen of Hills , India
@rajibchowdhury9568
@rajibchowdhury9568 4 жыл бұрын
Can you show multiple time frame analysis on Aroon indicator for high probability?
@channongard4396
@channongard4396 6 жыл бұрын
I LOVE this lesson, thank you as always Dr Barry!
@TopDogTrading
@TopDogTrading 6 жыл бұрын
You're more than welcome Channon.
@srinivasanthittai3084
@srinivasanthittai3084 4 жыл бұрын
Thank you for this. I hope to utilize this in my trades and benefit....
@TopDogTrading
@TopDogTrading 4 жыл бұрын
You're very welcome Srinivasan
@josephwalsh7546
@josephwalsh7546 6 жыл бұрын
I tried using the Aroon for a while with 100, 25, and 10 periods with the usual signal suggestions. Bought my broker a dingey. Bailed ship before I bought him a yacht. Look forward to seeing how the new signals perform.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
LOL! Love your humor Joseph.
@deanontheinterwebs
@deanontheinterwebs 6 жыл бұрын
Thanks, very informative! Looking forward to part 2 when it is published. Appreciate all of your knowledge that you share.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
You're welcome Dean.
@edwinmendez2202
@edwinmendez2202 5 ай бұрын
What would be an ideal entry when entering a trade? Using the aroon how would your enter ?
@vincentodonnell4307
@vincentodonnell4307 5 жыл бұрын
Good video & explanation of this indicator. Thanks.
@TopDogTrading
@TopDogTrading 5 жыл бұрын
You're very welcome Vincent.
@bunty19881
@bunty19881 4 жыл бұрын
Worked for me. Thank you for explain.
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Glad it helped Lalit.
@vijaychouhan3610
@vijaychouhan3610 3 жыл бұрын
Super succinct way of explaining, thanks.
@TopDogTrading
@TopDogTrading 3 жыл бұрын
Glad it was helpful Vijay.
@cakamal1
@cakamal1 6 жыл бұрын
Very Nice video, Barry. Thanks.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
You're very welcome, glad you liked it.
@roosmanfajar8389
@roosmanfajar8389 5 жыл бұрын
Thank you Dr Barry, it is great explanation...
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Thank you Roosman, I'm glad you found it so helpful.
@jklfghjkl
@jklfghjkl 4 жыл бұрын
Thanks for the lesson
@TopDogTrading
@TopDogTrading 4 жыл бұрын
My pleasure Ghebre.
@IainMcGirr
@IainMcGirr 5 жыл бұрын
I use the parallel consolidation period for ranging.. it shows you ..if it does it for a few cycles you got the range :)
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Thank you for sharing that Iain.
@vansolo9794
@vansolo9794 6 жыл бұрын
I have become more patient and profitable listening to Dr Barry ! Thank you Dr B
@TopDogTrading
@TopDogTrading 6 жыл бұрын
So glad I've been able to help you.
@qwqwqwqw6255
@qwqwqwqw6255 4 жыл бұрын
What about if I change the set-up to14 instead of 25
@s977382
@s977382 6 жыл бұрын
Thanks for the review and suggested usages (or not to use).
@TopDogTrading
@TopDogTrading 6 жыл бұрын
My pleasure.
@billyward7848
@billyward7848 4 жыл бұрын
Enjoyed this tutorial very much, I'm going to email you about your "Cycle Indicator" I do have a question regarding chart setting with the aroon. If your using candlesticks, what is the best setting i.e. 1day 1 minute, 1 day 5 minute, 1 day 15 minutes, or something else or does it make a difference?
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Hi Billy, the best time interval of your chart is determined by 3 criteria, but none of them have to do with this indicator.
@mohdsiraj644
@mohdsiraj644 5 жыл бұрын
Good observation sir god bless you
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Thank you Mohd.
@ericchia6946
@ericchia6946 5 жыл бұрын
Great video man. Thanks
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Thank you Eric, glad you liked it.
@travispeayarlal1485
@travispeayarlal1485 6 жыл бұрын
Hi Barry, I use the Aroon indicator with heiken ashi candle sticks along with a 9EMA, can u look into this and possibly add it to your part 2 or just give feedback on it here. Thanks! I remember asking u if the aroon indicator is good for indicating a trend on one of your webinars and im really glad to see u did a video on it! :) Great video!
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Haven't tried that particular combo but it sounds promising.
@niteshkumawat6760
@niteshkumawat6760 2 жыл бұрын
Thank you🙏
@TopDogTrading
@TopDogTrading 2 жыл бұрын
You’re welcome Nitesh 😊
@billyward7848
@billyward7848 4 жыл бұрын
Thanks, I assume your answer to my question is that a candle stick setting of 1 day 1 minute, 1 day 5 minutes, or 1 day 15 minutes makes no difference in the aroon indicators accuracy.
@TopDogTrading
@TopDogTrading 4 жыл бұрын
Correct - the indicator gives readings based on the time interval of the chart on which it's plotted.
@sundarkambam2650
@sundarkambam2650 6 жыл бұрын
Your comment on brokerage buying yatchs...that was really hilarious...Your explanation on Aroon indicator is quite good.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you Sundar, glad you enjoy the sense of humor I try to include in my teachings!
@jaiswansekaran6028
@jaiswansekaran6028 6 жыл бұрын
You r always super Dr. Fantastic Superb
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you very much Jaiswan.
@polavink2184
@polavink2184 6 жыл бұрын
Thank you, Barry. Have a question; is it true that it works only for stocks with Piotrovsky score over 8 or less then 2?
@rodcameron6648
@rodcameron6648 6 жыл бұрын
hi barry thanks good vid what time frame are you using
@TopDogTrading
@TopDogTrading 6 жыл бұрын
That was a 3 minute chart Rod, but you can use it on any time frame.
@tovahrainsong765
@tovahrainsong765 5 жыл бұрын
I would like another confirmation indicator as well, to double confirm. What indicator would compliment the Aroon best do you think?
@icyboy771z
@icyboy771z 5 жыл бұрын
ADX is another trend indicator, above 30 would indicate a strong trend
@tobiasagodi2480
@tobiasagodi2480 4 жыл бұрын
What time frame does it best suite?
@TopDogTrading
@TopDogTrading 4 жыл бұрын
There's no ONE time it works the best for.
@tobiasagodi2480
@tobiasagodi2480 4 жыл бұрын
@@TopDogTrading Hello Barry! I know not everyone does this but after watching part of the video, I feel like I owe you my immense appreciation. The few minutes I could watch was truly insightful and educating. Thanks for sharing this with me. I have got a serious problem in completing the video, it seems to always get stuck ( the stochastic mini divergence area) whenever I try to complete the awesome video. Please! I really was enjoying the video and would love if you could send the video to me by any social platform of your choice. I have tried more than three times in completing it but it just doesn't work after the aforementioned part. Thanks Barry, I would much appreciate your reply.
@tobiasagodi2480
@tobiasagodi2480 4 жыл бұрын
Hello Dr Barry! Hello Barry! I know not everyone does this but after watching part of the video, I feel like I owe you my immense appreciation. The few minutes I could watch was truly insightful and educating. Thanks for sharing this with me. I have got a serious problem in completing the video, it seems to always get stuck ( the stochastic mini divergence area) whenever I try to complete the awesome video. Please! I really was enjoying the video and would love if you could send the video to me by any social platform of your choice. I have tried more than three times in completing it but it just doesn't work after the aforementioned part. Thanks Barry, I would much appreciate your reply.
@Holditdownking
@Holditdownking 5 жыл бұрын
Thank You 🙏🏽 Can I use this with the stochastic rsi?
@TopDogTrading
@TopDogTrading 5 жыл бұрын
I haven't tried that combo Vincent. Test it and let us know how well it works.
@gboyegaorelaja2783
@gboyegaorelaja2783 Жыл бұрын
Please do you have a forex academy. i want to learn forex.
@TopDogTrading
@TopDogTrading Жыл бұрын
Thank you for the request for Forex trading.
@TopDogTrading
@TopDogTrading Жыл бұрын
I'm curious, why do you want to learn Forex instead of another market?
@tobiasagodi2480
@tobiasagodi2480 4 жыл бұрын
Best time frame?
@harinkumarkhatri8284
@harinkumarkhatri8284 5 жыл бұрын
Which time frame give comparatively more successful results ?
@TopDogTrading
@TopDogTrading 5 жыл бұрын
No one time frame is the best for this indicator. The best time interval is influenced by the average daily volume of the market your trading and also the size of your trading account. If you want a detailed article on this topic, send me a request for the article (free) at Barry@TopDogTrading.com
@hawkeyes4768
@hawkeyes4768 6 жыл бұрын
great video i personally use the aroon all the time , ,if possible can you do a video on a few time indicators like fib time or Belkhayate Timing strategies ?
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you for the request Hawk Eyes, I'll add them to my list.
@niteshmalani3742
@niteshmalani3742 6 жыл бұрын
Which time frame used it ? Daily or H4 or H1
@jameshanson5610
@jameshanson5610 6 жыл бұрын
very nice. I'm giving it a whirl.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you James
@ikonikforexexpertadvisor6999
@ikonikforexexpertadvisor6999 5 жыл бұрын
How did it go??
@mikedewitt4400
@mikedewitt4400 6 жыл бұрын
This is for a monthly time frame is that right? IM guessing that is what 25 period means. Great video! Thanks.
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thanks Mike. You can use it for any time frame.
@robvillano6164
@robvillano6164 6 жыл бұрын
what time frame where you on??
@lobodelcash5879
@lobodelcash5879 5 жыл бұрын
Hi TopDog could you please send me a copy of the cycle indicator ? Would that be ok ! Cheers
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Absolutely. Just go to: go.topdogtrading.com/free-trading-strategy to get the Rubber Band Trade (and the cycle indicator), or just email me at Barry@TopDogTrading.com
@lobodelcash5879
@lobodelcash5879 5 жыл бұрын
TopDogTrading hi i sent you an email but got nothing yet ! Could you please check
@yaboiiprettyeyez
@yaboiiprettyeyez 6 жыл бұрын
is there any other names for this? I am trying to find the aroon indicator with schwab and cant find.. thnx!
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Not that I'm aware of Kevin. It's possible Schwab doesn't have it on their charting platform. You may want to ask them directly.
@dyn0might191
@dyn0might191 6 жыл бұрын
What are you using for your on screen drawing?
@TopDogTrading
@TopDogTrading 6 жыл бұрын
I use the video capture program Camtasia for the screen drawing.
@rossmarshall3906
@rossmarshall3906 6 жыл бұрын
Dear Berry; I LOVE your videos. I am a moroon, even after 3 years into stock chart reading. But you have helped me a lot learn at least what not to do. I have yet to "do whats right" though, as stocks are like rabbits- they're damned hard to catch. Its been an expensive 3 year education though. I still look toward to day that a stock will go up for me. Seems mysterious that even when all indications are pointing to "profit" Up Up up.... they all take a slow dive and then level off. Well thei time Im gonna sit on them till they rise up! QUIESTION: I use aroon, and WHAT IS the "Period" setting? I have used all 2, 10, 7, 14, and now playing with 25. Uh? What is "Period"? Does that means "days"? I usually watch the 10m, 30, 1hr, and DAY charts and bounce between them. As to this "Period" setting, what is it? I only have this ONE setting... 20 up and 20 down. ROSS PS. You can use my name in your video(s) as your most favorite dumb ass example.... :o)
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Hi Ross, you're way too hard on yourself! The most standard period for Aroon is 25. The formula in the case of this particular indicator is ((N - bars Since N-bar High) / N) x 100, for Aroon Up, AND ((N - Bars Since N-bar Low) / N) x 100, for Aroon Down, where "N" is the number of bars you choose, such as "25" in my example.
@Roman_Cayon
@Roman_Cayon Жыл бұрын
ty
@TopDogTrading
@TopDogTrading Жыл бұрын
You're very welcome Roman!
@harinkumarkhatri8284
@harinkumarkhatri8284 6 жыл бұрын
Nice...
@TopDogTrading
@TopDogTrading 6 жыл бұрын
Thank you Harinkumar
@rodcameron6648
@rodcameron6648 6 жыл бұрын
that's great thank you
@TopDogTrading
@TopDogTrading 6 жыл бұрын
You're very welcome Rod.
@ijsandhu01
@ijsandhu01 6 жыл бұрын
this indicator looks promising .......
@MrCooliodion
@MrCooliodion 4 жыл бұрын
This is dope
@santa3108
@santa3108 5 жыл бұрын
default aroon on trading view is 14 periods, and that's way more accurate
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Thank you for sharing that Robin.
@linz5657
@linz5657 5 жыл бұрын
Hello Barry. Great information. I sent you my email address. Could you please send me the Rubber Band Trade (and the cycle indicator)? Thank you.
@TopDogTrading
@TopDogTrading 5 жыл бұрын
Hi Lin, Thank you and enjoy the Rubber Band Trade.
@chrisdaniels1970
@chrisdaniels1970 6 жыл бұрын
This indicator sucks..... price action is much easier
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