Aroon Oscillator Technical Analysis & Aroon Oscillator Signals
Calculated from Aroon Technical Indicator.
Calculation
The oscillator indicator is calculated by subtracting Aroon DOWN from Aroon UP.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP & Aroon DOWN moves between Zero & 100.
Technical Analysis and How to Generate Signals
Buy Signal
The Oscillator Technical gives a trading buy trade signal when it goes above the Zero line. The further it is from zero the stronger the up trend
The indicator displays trading price is gaining momentum if it keeps heading towards +100, & momentum is reducing if it's approaching the Zero mark.
Sell Trade Signal
The Oscillator Indicator gives a trading short signal when it goes 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 momentum is reducing if it's approaching the Zero mark.
Buy & Sell Signals
More Tutorials & Lessons:
- Best NKY225 Trading Strategies
- Stock Index SWI20 in FX Trading
- Trading Indices Money Management & Indices Money Management Strategies
- How Can I Calculate Pips Value IBEX35?
- How to Add Bollinger Bands Indices Technical Indicator on Trading Chart in MT4 Platform
- NKY225 Pips Calculator for NKY 225 Stock Indices
- Keltner Bands Indices Technical Indicator Analysis on Stock Indices Charts
- Nasdaq 100 Strategies
- Dow Jones Strategy Tutorial
- How Can I Find GER 30 in MT4 iPhone Trade App?