Aroon Oscillator Technical Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Technical XAGUSD Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP XAGUSD Indicator.
Oscillator oscillates between -100 & +100, this is because both Aroon UP Indicator & Aroon DOWN Indicator moves between Zero & 100.
Trading 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 portrays xagusd price is gaining momentum if it keeps heading 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 silver trend
The indicator portrays xagusd price is gaining momentum if it keeps heading toward -100, and momentum is reducing if it is approaching the Zero mark.
Buy and Sell Trading Signals