Identify the oscillator before comparing signals
The name does not specify one universal formula. TraderHalai describes a public Heikin Ashi Oscillator that compares HA close with the regular candle close and offers smoothing. That differs from the HA body difference defined here. Check the author, source, subtraction direction and smoothing settings before comparing two histograms.
- The close-gap column below is a mathematical comparison, not a claim to reproduce every setting of TraderHalai's script.
- D is measured in price units and is unbounded. It has no built-in RSI-style overbought or oversold levels. Adding a percentage scale, ATR divisor or smoother defines another version.
| Definition | Calculation on this page | Meaning of zero |
|---|---|---|
| HA body oscillator D | HA close − HA open | The synthetic body has no height. |
| Close-gap comparison G | HA close − standard close | The four-price average equals the actual close. |
| Standard candle body | Standard close − standard open | The market bar closes where it opened. |