Aroon Oscillator Analysis and Aroon Oscillator Technical Signals
Calculated from Aroon Indicator.
Calculation
The oscillator technical indicator is calculated by subtracting the Aroon DOWN from Aroon UP.
The Oscillator oscillates between -100 and +100, this is because both Aroon UP & Aroon DOWN moves between Zero and 100.
FX Analysis and How to Generate Signals
Buy Trading Signal
The Oscillator Technical Indicator gives a signal to buy when it goes above the zero line, and the further away from zero, the stronger the upward trend.
The indicator shows that the price is getting stronger if it continues to rise toward +100, but strength is fading if it nears the zero line.
Sell Trade Signal
When the Oscillator Indicator drops below the Zero line, it gives a signal to sell. The farther from zero, the stronger the downtrend is.
The trading tool shows price gaining power as it nears -100. It loses steam when heading toward the zero line.
Aroon Oscillator Sell Signals and Ways to Read the Indicator.
More Lessons:
- When is the Best Hours for Trading/Transacting GBPUSD FX Pair?
- William % R MT4 Technical Indicator
- Draw-down & Maximum Draw-down
- MT4 Gold Software ADX XAU USD Indicator Lesson for Beginner Traders
- How to Choose and Select a Good Forex Trading Broker
- How Do I Count Pips on MT4 for Micro Account Micro Lots?
- ROC, Rate of Change MetaTrader 4 Technical Indicator on Trading
- DeMarks Range Projection Stock Indices Indicator Technical Analysis
- How Can I Add Nas100 in MT4 App?
- Example Wall Street 30 Stock Index Trading Strategy Defined
