Aroon Oscillator Forex Trading Technical Analysis & 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.
Forex Trading Technical Analysis & How to Generate 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 trend
The indicator shows 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 shows 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 Forex Signals - How to Analyze Aroon Oscillator Technical Indicator
