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Aroon Oscillator Indicator

The Aroon indicator was developed by Tushar Chande in 1995. Aroon is used to measure the presence and strength of trends.  The Aroon Up line and Aroon Down line oscillate between -100 and 100.   The Aroon Oscillator is Aroon Up minus Aroon Down.  A positive value on the oscillator may indicate an upward trend and a negative reading may indicator a bearish trend.

 

See Also

Aroon Oscillator Developer Help

Aroon Down Indicator

Aroon Oscillator Indicator