Aroon Oscillator Oil Trading Technical Analysis & Aroon Oscillator Trading Signals
Calculated from Aroon Oil Indicator.
Calculation
The oscillator is calculated by subtracting Aroon DOWN Indicator from Aroon UP Oil Trading Crude Oil Indicator.
Oscillator oscillates between -100 and +100, this is because both Aroon UP Indicator and Aroon DOWN Indicator moves between Zero & 100.
Oil Trading Technical Analysis & How to Generate Trading Signals
Buy Trading Signal
The Oscillator gives a technical buy oil signal when it goes above the Zero line. The further it is from zero the stronger the up crude oil trend
The indicator shows crude oil price is gaining momentum if it keeps moving towards +100, & momentum is reducing if it's approaching the Zero mark.
Sell Trading Signal
The Oscillator gives a technical short signal when it goes below the Zero line. The further it is from zero the stronger the down crude oil trend
The indicator shows crude oil price is gaining momentum if it keeps heading towards -100, & momentum is reducing if it's approaching the Zero mark.
Buy & Sell Trading Signals