Category: Advanced Indicator Set 1
Input parameters
Name
|
Setting
|
Default
|
High
|
High Time Series
|
High
|
Low
|
Low Time Series
|
Low
|
Period
|
Integer >= 1
|
14
|
Calculations
Suggested by Tushar Chande [1], the Aroon Oscillator indicator is a plot measuring difference between the Aroon Up and Aroon Down indicators:
Aroon Oscillator = Aroon Up – Aroon Down
References
1. Chande, Tushar, "A Time Price Oscillator", Technical Analysis of Stocks & Commodities, September 1995, v.13, no.9, p.369-374.
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