Aroon Up & Down is an indicator for MT4 and MT5 by EarnForex.com. It provides market top and bottom signals based on the crossover of two lines, which are shown in a separate window of the chart.
It is based on the analysis of the ratios of local maximum and minimum rates.
The Aroon Up & Down indicator can issue alerts on crossovers.
A detailed description of the Aroon Up & Down indicator can be found here: https://www.earnforex.com/metatrader-indicators/Aroon-Up-Down/
Any contributions to the code are welcome!