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This is a combination of Aroon and Chande Momentum Oscillator . I made a histogram of Aroon , aqua line is Chande Momentum and the orange line are a simple moving average of Chande Momentum as a signal line.
One strategy you can use this for is to buy or sell when the signal line crosses the CM line or you can buy and sell when CM line is highest or lowest
You should also study how the indicators work separately:
Aroon Oscillator
https://www.investopedia.com/terms/a/aro...
Chande Momentum Oscillator
https://www.investopedia.com/terms/c/cha...
One strategy you can use this for is to buy or sell when the signal line crosses the CM line or you can buy and sell when CM line is highest or lowest
You should also study how the indicators work separately:
Aroon Oscillator
https://www.investopedia.com/terms/a/aro...
Chande Momentum Oscillator
https://www.investopedia.com/terms/c/cha...
My free indicators http://bit.ly/2s828h6
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For a list of payed indicators: http://bit.ly/2Yr7wI1
Tip jar, if you want to support my free indicators work
BTC: 3EV8QGKK689kToo1r8pZJXbWDqzyJQtHy6
LTC: LRAikFVtnqY2ScJUR2ETJSG4w9t8LcmSdh
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