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 calculatedby subtracting Aroon down from Aroon up. Readings abovezero indicate that an uptrend is present, while readings belowzero indicate that a downtrend is present.
Parameters:
str Symbol
int Periods
See Also