In this paper a novel set of indicators is presented for arc faults detection in electrical circuits. The indicators are defined starting from an experimental characterization of the arc fault phenomenon and the study of the arcing current in several test conditions, which were chosen in accordance with the UL 1699 Standard requirements. The proposed parameters are measured by means of a high resolution low frequency spectral analysis of the arcing current, which allows to achieve a good spectral resolution even with short observation windows.