Aroon Oscillator Technical Analysis and Aroon Oscillator Signals

Calculated from Aroon Indicator.

Calculation

The oscillator is calculated by subtracting Aroon DOWN from Aroon UP.

Oscillator oscillates between -100 and +100, this is because both Aroon UP & Aroon DOWN moves between Zero & 100.

Aroon Oscillator Indicator Analysis on Charts - Aroon Oscillator Technical Indicator Described

Gold Analysis & Generating Signals

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 gold price is gaining momentum if it keeps heading towards +100, and momentum is reducing if it's approaching the Zero mark.

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 displays gold price is gaining momentum if it keeps heading towards -100, & momentum is reducing if it's approaching the Zero mark.

Aroon Oscillator Technical Indicator Example Explained

Buy & Sell Signals