How to set up the AROON bot

1. Set up the timeframe for your AROON bot.
2. Set up the indicator length (the number of candles to calculate the indicator values).
3. Set up a lower and an upper limit for signal formation. For example, if you set limits within the range from -80 to 80, a buy signal will be formed when the price line reaches 80. And when the price line reaches -80, a sell signal will be formed.

Aroon is a technical indicator, it helps to determine a trend and the price movement direction, as well as forecast trend reversals in financial markets.

Even though Aroon is a trend indicator, it is represented by an oscillator, unlike moving averages. It is used to determine the market trends and to forecast whether the selling or buying pressure increases.