I just want to show you a new and visually improved version of haOscillator indicator.
The script was editted and developed further by Pereira. Alex .
Please compare the second and the third panels. The calculation method is same for both, but as you see in the new version (second panel) we have a lot more colorful visual support, to help identify changes in momentum.
Very much "right brain" approach! :-)
Please remember, that neither haDelta, nor haOscillator can be used alone as a mechanical trading signal to enter long or short! They are important parts of the whole Heikin-Ashi concept, and are used as quantification tools!
Thanks a lot again for Alex for sharing his work with me!
By the way, it shooted a bit higher than I expected, but I still believ Oil will have to consolidate or pull back first before it makes next leg, and moves a lot higher.