Aroon Oscillator Commodities Technical Analysis and Aroon Oscillator Trading Signals
Calculated from Aroon Commodity Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Commodity Indicator.
The Oscillator oscillates between -100 & +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero & 100.
Commodity Technical Analysis & Generating Trading Signals
Buy Trading Signal
The Oscillator gives a technical buy commodity signal when it goes above the Zero line. The further it is from zero the stronger the up commodities trend
The indicator shows commodities 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 commodities trend
The indicator shows commodities 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