Aroon Oscillator (AROONOSC)

StratCraft indicator page for the Aroon Oscillator.

Route: /indicators/aroonosc/

What It Does

Aroon Oscillator compares Aroon Up and Aroon Down to describe whether the market is trending upward or downward.

Formula

Aroon Oscillator = Aroon Up - Aroon Down

Parameters

  • period - default 14
  • upperband - default 70
  • lowerband - default 30

C++23 API

#include <nonabt/indicators/aroonosc.hpp>
auto aroonosc = std::make_unique<nonabt::AROONOSC>(data(), 14, 70, 30);

Common Usage

  • Use it as a trend direction oscillator.
  • Cross above zero can hint at bullish pressure.
  • Cross below zero can hint at bearish pressure.

Practical Pattern

Aroon Oscillator above zero usually means uptrend pressure is stronger than downtrend pressure.