Aroon Oscillator Explained
The Aroon Oscillator is a technical indicator that helps traders identify trend changes and potential reversal points in the market. It is derived from the Aroon Up and Aroon Down indicators.
What is the Aroon Oscillator?
The Aroon Oscillator is calculated by subtracting Aroon Down from Aroon Up. The result oscillates between -100 and +100, with zero as the centerline.
How to Use the Aroon Oscillator
Best Practices
Combine the Aroon Oscillator with other technical indicators for better confirmation. Always use proper risk management and never rely solely on one indicator.