AROON & Slow STO(60,5) are VERY similar

    Posted by ameritrader on 27th of Apr 2008 at 01:29 pm

    AROON & Slow STO(60,5) are VERY similar

    Check out AROON versus Slow STO(60,5), they are very similar. Being a swing trader I like the AROON for the sharp 90degree turns as a very clear signal.

    For XLE charting (with EMA20 & EMA45), I am now using AROON, ADX, $BPENER(with EMA9)

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