Aroon Indicator Stock Screener

The Aroon indicator empowers traders by enabling them to identify trends, potential trend changes, measure trend strength, and providing early signals that facilitate informed decision-making and optimal timing for executing trades

9 minutes

This post focuses on customizable Aroon Up/Down Indicator factory scans, which can be edited, modified, or rewritten and then scanned using ChartAlert’s native stock screener or technical analysis scanner, namely the Basic Scanner and Advanced Scanner.

Display Aroon Up/Down Values

Tags: aroon indicator calculation, aroon indicator scanner, aroon indicator screener, aroon indicator stock screener, aroon indicator strategy, aroon up and down indicator

List symbols
Add Column Aroon Up(25) as AUp25
Add Column Aroon Down(25) as ADn25
Apply to NSE

This scan calculates and displays the 25-period Aroon Up/Down Indicator values for all NSE symbols.

OPTION 1

List Aroon Up/Down values with multiple periods as given below. Note that the shorter name “AroonUp” and “AroonDn” have been used.

List symbols
Add Column AroonUp(10) as AUp10
Add Column AroonDn(10) as ADn10
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

OPTION 2

Combine with other indicators such as the 25-period Aroon Up/ Down as given below.  You will find that the Aroon Oscillator is the difference between Aroon Up and Aroon Down indicators.

List symbols
Add Column AroonOsc(25) as AOsc25
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

Aroon Up/Down – Aroon Dn crossed above 70  (Downtrending)

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List symbols where Aroon Down(25) has crossed above 70
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Sort on Column AUp25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Down has just crossed above the 70 level.  The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Up so that symbols with lower Aroon Up values are displayed on top.

OPTION 1

An additional condition can further filter the symbols as given below. Note the use of aliases (short names) for Aroon Up & Down.

List symbols where AroonDn(25) has crossed above 70
And AroonUp(25) is below 30

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

OPTION 2

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is below  its 50-day EMA.

List symbols where AroonDn(25) has crossed above 70
And Close is below EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – Aroon Dn between 80 & 100  (Downtrending)

Tags: aroon trend indicator, aroon up and down downtrending down trend, aroon up and down trend indicator screener, aroon up and down trend scanner, aroon indicator bearish pattern, aroon indicator sell signal, aroon indicator bearish crossover, aroon indicator crossover screener

List symbols where Aroon Down(25) is between 80 and 100
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Sort on Column AUp25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Down that are between 80 and 100. The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Up so that symbols with lower Aroon Up values are displayed on top.

OPTION 1

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is below its 50-day EMA.

List symbols where AroonDn(25) is between 80 and 100
And Close is below EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – Aroon Dn between 80 & 100 for 3 bars (Downtrending)

Tags: aroon trend indicator, aroon up and down downtrending down trend, aroon up and down trend indicator screener, aroon up and down trend scanner, aroon indicator bearish pattern, aroon indicator sell signal, aroon indicator bearish crossover, aroon indicator crossover screener

List symbols where Aroon Down(25) is between 80 and 100 for 3 bars
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Sort on Column AUp25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Down that have been between 80 and 100 for 3 bars. The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Up so that symbols with lower Aroon Up values are displayed on top.

OPTION 1

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is below its 50-day EMA.

List symbols where AroonDn(25) is between 80 and 100 for 3 bars
And Close is below EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – Aroon Up crossed above 70 (Uptrending)

Tags: aroon trend indicator, aroon up and down trend indicator screener, aroon up and down trend scanner, aroon up and down uptrending up trend, aroon indicator bullish pattern, aroon indicator buy signal, aroon crossed above 70, aroon indicator bullish crossover, aroon indicator crossover screener, aroon up crossed above 70

List symbols where Aroon Up(25) has crossed above 70
Add Column Aroon Up(25) as AUp25
Add Column Aroon Down(25) as ADn25
Sort on Column ADn25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Up has just crossed above the 70 level.  The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Down so that symbols with lower Aroon Down values are displayed on top.

OPTION 1

An additional condition can further filter the symbols as given below:

List symbols where AroonUp(25) has crossed above 70
And AroonDn(25) is below 30

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

OPTION 2

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is above its 50-day EMA.

List symbols where AroonUp(25) has crossed above 70
And Close is above EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – Aroon Up between 80 & 100 (Uptrending)

Tags: aroon trend indicator, aroon up and down trend indicator screener, aroon up and down trend scanner, aroon up and down uptrending up trend, aroon indicator bullish pattern, aroon indicator buy signal, aroon crossed above 70, aroon indicator bullish crossover, aroon indicator crossover screener, aroon up crossed above 70

List symbols where Aroon Up(25) is between 80 and 100
Add Column Aroon Up(25) as AUp25
Add Column Aroon Down(25) as ADn25
Sort on Column ADn25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Up is above 80 and 100.  The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Down so that symbols with lower Aroon Down values are displayed on top.

OPTION 1

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is above its 50-day EMA.

List symbols where AroonUp(25) is between 80 and 100
And Close is above EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – Aroon Up between 80 & 100 for 3 bars (Uptrending)

Tags: aroon trend indicator, aroon up and down trend indicator screener, aroon up and down trend scanner, aroon up and down uptrending up trend, aroon indicator bullish pattern, aroon indicator buy signal, aroon crossed above 70, aroon indicator bullish crossover, aroon indicator crossover screener, aroon up crossed above 70

List symbols where Aroon Up(25) is between 80 and 100 for 3 bars
Add Column Aroon Up(25) as AUp25
Add Column Aroon Down(25) as ADn25
Sort on Column ADn25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Up is between 80 and 100 for 3 bars.  The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report. Further, the report is sorted on Aroon Down so that symbols with lower Aroon Down values are displayed on top.

OPTION 1

An alternate additional condition could be as given below. Here, a check is undertaken to ensure that the stock is above its 50-day EMA.

List symbols where AroonUp(25) is between 80 and 100 for 3 bars
And Close is above EMA(50)

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25

Apply to NSE

Aroon Up/Down – less than 20 (Consolidating)

Tags: aroon down below 20, aroon up below 20

List symbols where Aroon Up(25) < 20 and Aroon Down(25) < 20
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Up and Aroon Down are below 20. Such low levels often indicate that a consolidation is present. The first of the two to break above 50 provides an indication of the next directional trend. The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report.

OPTION 1

Modify the scan to look for a breakout: Here we are looking for a consolidation 2 bars ago and a current upward movement in Aroon Up.

List symbols where Aroon Up(25) > 50
And AroonUp(25) 2 bars ago < 20
And AroonDn(25) 2 bars ago < 20
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

Aroon Up/Down – less than 50 (Consolidating)

Tags: aroon down below 50, aroon up below 50

List symbols where Aroon Up(25) < 50 and Aroon Down(25) < 50
Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

This scan looks for symbols where the 25-period Aroon Up and Aroon Down are below 50. The first of the two to break above 50 provides an indication of the next directional trend. The 25-period Aroon Up and Aroon Down values are also displayed in the output scan report.

OPTION 1

Modify the scan to look for a breakout: Here we are looking for a consolidation 2 bars ago and a current upward movement in Aroon Up.

List symbols where Aroon Up(25) > 50
And AroonUp(25) 2 bars ago < 50
And AroonDn(25) 2 bars ago < 50

Add Column AroonUp(25) as AUp25
Add Column AroonDn(25) as ADn25
Apply to NSE

For comprehensive insights into the Aroon Up/Down Indicator, including its calculation methodology, its importance in technical analysis, how to use the Aroon Indicator in trading, as well as an exploration of its advantages and limitations as an indicator, click here.

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