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- default14upperband- default70lowerband- default30
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.
