Aroon Oscillator Technical Analysis and Aroon Oscillator Signals
Calculated from Aroon Indicator.
Calculation
Oscillator is calculated by subtracting Aroon DOWN from Aroon UP.
Oscillator oscillates between -100 and +100, this is because both Aroon UP and Aroon DOWN moves between Zero & 100.
Trading Technical Analysis and How to Generate Signals
Buy 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 heading towards +100, and momentum is reducing if it's approaching the Zero mark.
Sell Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it is from zero the stronger the down trend
The indicator portrays price is gaining momentum if it keeps heading towards -100, and momentum is reducing if it's approaching the Zero mark.
Aroon Oscillator and Sell Signals - How to Analyze Aroon Oscillator Indicator
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