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To: skinowski who wrote (122054)	7/16/2005 11:41:35 AM
From: Galirayo	Respond to of 209892

Ski .. It's just 3 patterns you're looking for. Interpretation There are basically three conditions that you look for when interpreting the Aroon indicator: extremes at 0 and 100, parallel movement between Aroon Up and Aroon Down, and crossovers between Aroon Up and Aroon Down. Extremes: When the Aroon Up line reaches 100, strength is indicated. If the Aroon Up remains persistently between 70 and 100, a new uptrend is indicated. Likewise if the Aroon Down line reaches 100, potential weakness is indicated. If the Aroon Down remains persistently between 70 and 100, a new downtrend is indicated. A strong uptrend is indicated when the Aroon Up line persistently remains between 70 and 100 while the Aroon Down line persistently remains between 0 and 30. Likewise a strong downtrend is indicated when the Aroon Down line persistently remains between 70 and 100 while the Aroon Up line persistently remains between 0 and 30. Parallel Movement: When the Aroon Up and Aroon Down Lines move parallel with each other (are roughly at the same level), then consolidation is indicated. Expect further consolidation until a directional move is indicated by an extreme level or a crossover. Crossovers: When the Aroon Down line crosses above the Aroon Up line, potential weakness is indicated. Expect prices to begin trending lower. When the Aroon Up line crosses above the Aroon Down line, potential strength is indicated. Expect prices to begin trending higher.

To: skinowski who wrote (122054)	7/16/2005 12:52:49 PM
From: Galirayo	Respond to of 209892

[MID] Ski .. I worked up a Chart on the MID since you mentioned it today. I tried to show what I"m looking at with the Aroon and MACD Combined. It's not a Stand Alone Indicator [imo] but this may help with your understanding of it. I'm still working on understanding it fully too. If you notice .. the Aroon Line [which ever one it is] Is more Accurate when the Divergence of the 2 Lines it at MAX. One at 100 and one at Zero. OR .. It creates a Divergence of the 2 lines. Still it's a Lagging Indicator. But let me ask you this Question .. Can you see how it may be able to Assist in Wave Counting by the Duration of the Line on Trend ??? ttrader.com