Aroon Oscillator Technical Analysis & Aroon Oscillator Signals
Calculated from Aroon Indicator.
Calculation
The oscillator indicator is calculated by subtracting the Aroon DOWN from Aroon UP.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP & Aroon DOWN moves between Zero and 100.
Technical Analysis and How to Generate Trading Signals
Buy Trading Signal
The Oscillator gives a buy trade signal when it crosses above Zero-line. The further it is from zero the stronger the up trend
The indicator displays price is gaining momentum if it keeps heading towards +100, & momentum is reducing/decreasing if it's approaching the Zero mark.
Sell Signal
The Oscillator Indicator gives a trading short signal when it crosses below the Zero-line. The further it's from zero the stronger the downtrend
The indicator displays trading price is gaining momentum if it keeps heading towards -100, and force is reducing if it's approaching the Zero mark.
Buy & Sell Trading Signals
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