Aroon Oscillator
Posted by Mohammad Rahhal, Last modified by Diana Alkouni on 19 August 2020 10:19 AM

Overview:
A trend-following indicator that uses aspects of the Aroon indicator ("Aroon up" and "Aroon down") to gauge the strength of a current trend and the likelihood that it will continue. 

Interpretation:
The Aroon oscillator is calculated by subtracting Aroon down from Aroon up. Readings above zero indicate that an uptrend is present, while readings below zero indicate that a downtrend is present. 
 

Parameters:
str Symbol
int Periods


See Also


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