WebCab Technical Analysis for Delphi (COM) v1.1

Aroon.AroonOscillator Method (Double, Double)

Evaluates the Aroon Oscillator over a given period.

public double AroonOscillator(
   double aroonUpIndicator,
   double aroonDownIndicator
);

Parameters

aroonUpIndicator
The value of the Aroon Up Indicator for the period considered which can be evaluated using AroonUp.
aroonDownIndicator
The value of the Aroon Down Indicator for the period considered which can be evaluated using AroonDown.

Return Value

The double value of the Aroon Oscillator over a given period.

Remarks

Evaluation

The Aroon Oscillator over a given period is evaluated using the following formulae:

Aroon Oscillator = (Aroon Up Indicator) - (Aroon Down Indicator),

where 'Aroon Up Indicator' can be evaluated using AroonUp, and 'Aroon Down Indicator' can be evaluated using AroonDown, where the same number of periods is used in the evaluation of each indicator.

See Also

Aroon Class | WebCab.COM.Finance.Trading.Indicators Namespace | Aroon.AroonOscillator Overload List | AroonOscillatorOverPeriod - evaluates the Aroon Oscillator over all periods for which sufficient historical data is provided.