aroon_osc
Aroon Oscillator - difference between Aroon Up and Aroon Down
aroon_osc(period)
Parameters
Aroon Oscillator - aroon_osc(period)
The difference between Aroon Up and Aroon Down, providing a single value
to measure trend strength and direction.
- period (int): Number of periods for Aroon calculation
- Common values: 25 (standard), 14, 50
Formula
Aroon Oscillator = Aroon Up - Aroon Down
Range: -100 to +100
- Positive values: Uptrend (Aroon Up > Aroon Down)
- Negative values: Downtrend (Aroon Down > Aroon Up)
- Zero crossings: Trend changes
Examples
aroon_osc(25); # Standard Aroon Oscillator
aroon_osc(25) > 50; # Strong uptrend
aroon_osc(25) < -50; # Strong downtrend
aroon_osc(25) > 0; # Any uptrend (positive)
Returns
Aroon Oscillator value ranging from -100 (strong downtrend) to +100 (strong uptrend)