Aroon Oscillator (AROONOSC) インジケーター

The Aroon Oscillator is a trend-following indicator that uses aspects of the Aroon Indicator (Aroon Up and Aroon Down) to evaluate the strength of a current trend and the likelihood that it will continue. The values range between a scale of -100 to +100. Any value below 0 indicates a downtrend, while the converse (above 0) indicates an uptrend. Normally trades would follow the 0 line for any potential signal trend changes. Big moves will be considered anything above 50 or anything below -50.

Arron up calculation goes as follows:
((number of periods) – (number of periods since highest high)) / (number of periods) x 100

Arron down calculator goes as follows:
((number of periods) – (number of periods since lowest low)) / (number of periods) x 100