Aroon Oscilator

The difference between Aroon Up and Aroon Down in a histogram display.

The Aroon Oscillator is the difference between Aroon-Up and Aroon-Down. These two indicators are usually plotted together for easy comparison, but chartists can also view the difference of these two indicators with the Aroon Oscillator. This indicator fluctuates between -100 and +100 with zero as the middle line. A bullish trend bias is present when the oscillator is positive, while a bearish trend bias exists when the oscillator is negative. Chartists can also expand the bull-bear threshold to identify stronger signals.

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