The Aroon oscillator is made of the difference between the Aroon Up and the Aroon Down curves. Aroon Up and Down represent the number of days since the most recent x-period high for Aroon Up and x-period low for Aroon Down.

coded by request on forums.

// parameters
// N = 100

up = AroonUp[N]
dn = AroonDown[N]

AroonOscillator = up-dn

RETURN AroonOscillator, 0 as "mid-level", -70 as "low-level", 70 as "high-level"

Download

Filename: Aroon-oscillator.itf

Downloads: 229

Nicolas Master

I created ProRealCode because I believe in the power of shared knowledge. I spend my time coding new tools and helping members solve complex problems. If you are stuck on a code or need a fresh perspective on a strategy, I am always willing to help. Welcome to the community!

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