Aroon Oscillator Technical Analysis and Aroon Oscillator Signals
Calculated from Aroon Crude Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN from Aroon UP.
The Oscillator oscillates between -100 & +100, this is because both Aroon UP and Aroon DOWN moves between Zero and 100.
Oil Technical Analysis and How to Generate Trade 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 displays crude price is gaining momentum if it keeps moving toward +100, and momentum is reducing if it is approaching the Zero mark.
Sell 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 displays crude price is gaining momentum if it keeps heading toward -100, and momentum is reducing if it is approaching the Zero mark.
Buy and Sell Signals
What is a Trade Plan? - Writing a Plan Example Template
Alternatives: EA Automated Robots or Copier Trading Signals
