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The heikin ashi strategy is a popular approach in technical analysis, particularly in trading Heikin ashi candlesticks may be of interest to you, they can help with Heikin ashi charts are similar to candlestick charts but use a modified formula to calculate each candle's open, close, high, and low values
The resulting charts smooth out price movements and make trends easier to identify. The smoothness provided by heiken ashi doesn't eliminate risk—it only helps you interpret trend direction more clearly Share ideas, debate tactics, and swap war stories with forex traders from around the world.
All is explained but heiken ashi, why heiken ashi, we can use candles or bars
I understand if you say when heiken ashi change colour but here is only closing price? Attached file (s) heiken_ashi_smoothed.mq4 4 kb | 5,803 downloads atr.mq4 2 kb | 4,500 downloads mister ed's 4 hour system.doc 117 kb | 15,718 downloads 2 quote jul 14, 2009 7:15pm Heiken ashi i use heiken ashi candles, because it makes the chart easier to read, when the colour changes it indicates a trend reversal, long wicks do indicate a potential reversal And that is all i read into it, forget candlesticks, my basis for this is, look at a heiken ashi chart and look at a candlestick chart, it's easier to read
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