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| Heiken Ashi |
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| Heiken Ashi |
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| Heiken Ashi |
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| Heiken Ashi |
The Heiken Ashi indicator is an application that has gained in popularity, It was developed a few decades in Japan, to improve interpretation of Candlestick formations. In Japanese, Heikin means "average" and Ashi means "pace". Heikin Ashi use the open and close data from the prior period and the open, high, low and close data from the current period to create a combo candlestick. Heiken Ashi is techniques used in conjunction with candlestick charts to improve the isolation of trends and to predict future prices and finds average-pace of prices. Indicator Heiken Ashi disregards market noise and concentrates on the smoother trend, allowing traders make a better-informed decision.
Mathematical Formula:
Mathematical Formula:
1. Close:
HA-Close = (Open(0) + High(0) + Low(0) + Close(0)) / 4
2. Open:
HA-Open = (HA-Open(-1) + HA-Close(-1)) / 2
3. High
HA-High = Maximum of the High(0), HA-Open(0) or HA-Close(0)
4. Low
HA-Low = Minimum of the Low(0), HA-Open(0) or HA-Close(0)
