Aroon Oscillator Metatrader 4 Indicator
The Aroon Oscillator indicator for Metatrader 4 oscillates between +100 and -100 . It provides buy and sell signals based on the Aroon formula (Aroon Up – Aroon Down).
Trading signals: Bullish – Buy at the green dots. Bearish – Sell at the red dots.
- Price bullish above the zero line.
- Price bearish below the zero line.
- Strong uptrend above +50
- Strong downtrend below -50
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