Aroon Oscillator Commodities Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Commodity Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Indicator.
The Oscillator oscillates between -100 & +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero & 100.
Technical Analysis & Generating Trade Signals
Buy Trading Signal
The Oscillator gives a technical buy signal when it goes above the Zero line. The further it is from zero the stronger the up trend
The indicator portrays price is gaining momentum if it keeps moving toward +100, and momentum is reducing if it is approaching the Zero mark.
Sell Trading Signal
The Oscillator gives a technical short signal when it goes below the Zero line. Further it is from zero the stronger the down trend
The indicator portrays price is gaining momentum if it keeps heading toward -100, and momentum is reducing if it is approaching the Zero mark.
Buy & Sell Trading Signals