aroon_down
Aroon Down - measures time since lowest low
aroon_down(period)
Parameters
| Name | Type | Description |
|---|---|---|
period |
int | Number of periods to look back for lowest low |
Formula
```
Aroon Down = ((period - bars_since_lowest_low) / period) * 100
Where:
- bars_since_lowest_low = Number of bars since period low
- Result ranges from 0 to 100
```Examples
aroon_down(25); # Standard 25-period Aroon Down
aroon_down(14); # Shorter period (more sensitive)
aroon_down(25) > 70; # Strong downtrend (recent lows)Returns
Aroon Down value ranging from 0 (low occurred period bars ago) to 100 (new low today) ## References - TradingView: `ta.aroon()` returns [up, down] - Developed by Tushar Chande ## Notes - Values 70-100 indicate strong downtrend (recent lows) - Values 0-30 indicate weak downtrend (no recent lows) - Use with Aroon Up for crossover signals