Definitions
In plain terms
Aroon converts separate high and low recency counts into comparable zero-to-100 scores.
Technical
A reproducible measure freezes field, window, current-value inclusion, ties, missing data, bar finality, and timestamps.
Scope
Recent extremes do not state how large the price move was.
Examples
- A governed lesson calculates or identifies Extreme Recency only after its parameters, state, timing, and edge cases are declared.
Common misconceptions
- Recent extremes do not state how large the price move was.
Concept relationships
Prerequisites
Where this concept is used
Tutorials planned
These catalogued topics use this concept, but their complete build has not shipped yet.
- D07-F02-A03 Important
Evidence and governance
- The Aroon Indicator Tushar Chande / Technical Analysis of Stocks and Commodities · first party methodology
Supports: preferred label, short definition, technical definition
Limits: Exact tie handling, window endpoints, and implementation readiness require a complete pinned calculation contract.
- Reviewed by
- fintech-builder-batch-007
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- published
