Aroon Oscillator Energies Technical Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Energies Trading Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Energies Trading Indicator.
Oscillator oscillates between -100 and +100, this is because both Aroon UP Indicator & Aroon DOWN Indicator moves between Zero and 100.
Energies Technical Analysis and Generating Trading 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 energies trend
The indicator shows energies price is gaining momentum if it keeps moving towards +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. The further it is from zero the stronger the down energies trend
The indicator shows energies price is gaining momentum if it keeps moving towards -100, and momentum is reducing if it is approaching the Zero mark.
Buy and Sell Trading Signals