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Aroon Oscillator Indicator

Trading Term

A trend-following indicator that uses aspects of the Aroon indicator (see Aroon Up/Down Indicator) to gauge the strength of a current trend and the likelihood that it will continue. The Aroon oscillator is calculated by subtracting Aroon down from Aroon up. Readings above zero indicate that an uptrend is present, while readings below zero indicate that a downtrend is present.

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