PROTECTED SOURCE SCRIPT
ARKA-Heikin Ashi Oscillator
This Indicator is based on Mr. Dan Valcu ideas.
This indicator is made as Hicken-Ashi Oscillator by haDelta. The closing price of the candlestick is not used to make this indicator.
- Indicators generally have a delay. Since this indicator has an haDelta oscillator, it helps to reduce this delay.
- This indicator has two fast lines "K" and slow "D".
-Similarly to haDelta, this indicator can be used to calculate price targets based on inverse positive and negative divergences between the price and the oscillator.
- The peaks or lows range in the oscillator is almost the oversold and overbought points in the price chart.
- Use this oscillator similar to other oscillators and use the oversold and overbought levels, 50-level, divergences and crossovers between its two components.
-In an uptrend, when the oscillator turns down, it is time to reduce the stop loss on long trades.
-In a downtrend, when the oscillator is bullish , it is time to reduce the stop loss on short trades.
This indicator is made as Hicken-Ashi Oscillator by haDelta. The closing price of the candlestick is not used to make this indicator.
- Indicators generally have a delay. Since this indicator has an haDelta oscillator, it helps to reduce this delay.
- This indicator has two fast lines "K" and slow "D".
-Similarly to haDelta, this indicator can be used to calculate price targets based on inverse positive and negative divergences between the price and the oscillator.
- The peaks or lows range in the oscillator is almost the oversold and overbought points in the price chart.
- Use this oscillator similar to other oscillators and use the oversold and overbought levels, 50-level, divergences and crossovers between its two components.
-In an uptrend, when the oscillator turns down, it is time to reduce the stop loss on long trades.
-In a downtrend, when the oscillator is bullish , it is time to reduce the stop loss on short trades.
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