Aroon Oscillator Formula and Trading Strategy

Aroon oscillator (ARO) was also developed by Tushar Chande. It actually an oscillator version of the indicator called Aroon. The name is taken from Sanskrit. In Sanskrit, the Aroon means morning dawn. Like the indicator, the oscillator too identifies a trend and determines how strong the trend is. It also identifies a probable trend reversal. … Continue reading “Aroon Oscillator Formula and Trading Strategy”