As I have been mentioning in previous publications, one of the advantages of the Aroon indicator is that it precisely projects the direction and strength of the trend, hence, traders are opting to use the Aroon indicator with a single oscillating line, because a value above +50 indicates a higher probability of a well-defined uptrend with the potential to continue upwards.
However, in those scenarios where the Aroon indicator is used with a single oscillating line, a value below -50 indicates a higher probability of a well-defined downtrend, with potential for further downward movement.
When in a finished market there is no defined trend they enter a range zone with sideways price action, generally the way to trade these range zones is to use Overbought / Oversold technical indicators, however these indicators tend to overreact to price pullbacks during trending markets, whereas the statistical configuration of the Aroon indicator can be used to help us more clearly determine these range patterns with sideways price action.
A simple way to find range zones with sideways price action with the Aroon indicator is when the Aroon-Up and Aroon-Down lines tend to cross each other repeatedly instead of separating or distancing themselves from each other.
To exemplify the movement of the Aroon indicator in ranging markets, I took into consideration the price action of the BTC/USDT pair, note on the chart how the oscillating lines of the Aroon indicator, project the same level for a while executing crosses between them.
SOURCES CONSULTED
AvaTrade Aroon Indicator Trading Strategies. Link
OBSERVATION:
The cover image was designed by the author: 
, incorporating image: TradingView
, incorporating image: TradingView 
