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