Name give to the indicator due to its striking resemblance during volatile perids to Wat Arun , Bangkok Thailand. And yes I initiated long position
BMRN basd on this indicator and no, it is not related to the Aroon indicator (which I find confusing to read and use)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.