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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. 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? The indicators heiken ashi candles 100 sma close stochs 8,3,3, low/high heiken ashi candles are average price candles They are calculated using a moving average and change colour according to that average. The smoothness provided by heiken ashi doesn’t eliminate risk—it only helps you interpret trend direction more clearly
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