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Aroon

Aroon identifies the time elapsed since a security recorded its highest or lowest price.

Method

tm.ta.aroon(source_high, source_low, timeperiod)

Inputs

ParameterArgument typeDescriptionDefault Value
source_highpd.SeriesHigh prices series-
source_lowpd.SeriesLow prices series-
timeperiodintNumber of periods for the indicator14

Outputs

OutputType
aroondownnp.ndarray
aroonupnp.ndarray

Example usage

strategy.py
import tradomate as tm
@tm.strategy()
def my_strategy(config: tm.TradomateConfig, data: tm.TradomateData):
# Trying out Aroon
aroondown, aroonup = tm.ta.aroon(data.high, data.low, timeperiod=14)
# Get the last value and print
last_value = aroondown.iloc[-1]
tm.log(f"Last value of Aroon is {last_value}")
# Plot the values of aroondown
tm.plot(aroondown, title="Aroon", overlay=False)