Aroon.Down

Calculates the Down line of the Aroon indicator.

Accepts the following parameters:

Parameter NameTypeDefault ValueNotes
applyToSeries<Number>
close
-
periodNumber25-

Returns: Series<Number>

Aroon.Down is a built-in function - you can use it directly. Below is an example implementation:

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function Aroon.Down(applyTo = close, period = 25):
_, distanceToLowest = Lowest(applyTo, period)

((period - distanceToLowest) / period) * 100