Aroon Oscillator
$0.00
The aroon oscillator is a VertexFX indicator which mainly calculates the difference between Aroon Up and Aroon Down Indicators. The Aroon OScillator indicator is plotted between -100 and +100 with zero as the middle line.
(Downloads - 1552)
The Aroon Oscillator is a VertexFX indicator which mainly calculates the difference between Aroon Up and Aroon Down Indicators. The Aroon OScillator indicator is plotted between -100 and +100 with zero as the middle line.
An upward trend is present when the oscillator value is positive, while a downward trend exists when the oscillator value is negative.
BUY :
When the indicator crosses above Zero Line, Trader should close the buy position once the indictor goes below 0 or crosses above +50 and then falls below +50 level.
Sell:
When the indicator crosses below Zero Line, Trader should close the sell position once the indictor goes above 0 or crosses above -50 and then goes above that -50 level.
Usage
- Download the attachment.
- Copy it to your company VertexFX Local VTL Files folder i.e. C:Program FilesCompany Namevtl10Local VTL Scripts
- Restart your Client Terminal or Right Click on “Local VTL Scripts” Tree Node to find the script.
Additional information
| Plugin-Type | Client VTL – Custom Indicator |
|---|---|
| Compatibility |