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Heikin-ashi

Master Trading with Heiken Ashi Candles in 11.32 minutes Let’s talk about how to DOMINATE the market using Heiken Ashi candles for perfect entries and exits! This is where your trading game levels up. First, when those candles start turning smooth and green with no wicks at the bottom, that's your entry signal! It’s like the market saying, "Hop on, this train is about to take off!" You ride those green candles as long as they stay strong and wick-free at the bottom. Now, here’s the key – watch for red candles starting to form with wicks on top! That’s your signal to EXIT! Don’t get greedy, secure those gains, and get out before the market turns against you. With Heiken Ashi, you get smoother trends, cleaner signals, and better trades! Enter with confidence, exit with precision, and OWN the market! That's it, fast and powerful! Now go crush those trades!
AMEX:SPYEducation
by Deno_Trading
3
Trendline Trades w Heikin Ashi Algo Oscillator + a surpriseWelcome to the coffee shop everyone. This is your host and Barista Eric. This podcast is designed to teach you The right and wrong way to get in and out of your trades because I'm not just going to tell you the right way, I'll also show you the things that you should not do. It's also a platform where I can release my versions of popular indicators. I'll show you how to use them and of course from time to time I will call out really bad strategies because I don't want you guys to have that information. feel free to share this content anywhere you choose online and of course do not fall for scams because I will not contact you for any type of currencies lending or any financial help in any way online. That being said, if you see me on the street and you want to give me a dollar all the power to you I'll be more than happy to accept it. Also don't get worried if I do send you a message it's usually just a thank you for starting to follow me because everyone that follows me I do have to follow them back so that I can see what you have going on. All that being said in today's video I am going to show you how to draw trend lines and channels using the support and resistance Indications in Heikin Ashi Algo Oscillator. Now you may not have this oscillator on your charts yet but for now you can use the CSC-HARSI. here is a link to get that from tradingview and add it to your chart So let's go to Tradingview and open it up on your desktop or on your phone. go to the indicators tab type in coffee shop crypto there you will find only one indicator called the CoffeeshopCrypto HARSI 2022 Go ahead and add that to your chart and make sure it's added to your favorites Now in its default settings that should work just fine for you because the default settings allow you to use the VWAP as a moving average against your RSI. This particular tutorial I'm picking off the resistance indication that came up and then it was followed by several support indications. This simply means that resistance was going against your price the Bears were pushing against the Bulls so prices moved up and met resistance and it was being pushed back down. Take care to watch the whole video for the strategy on how to use this with Trend Lines. SURPRISE. I am releasing the Heikin Ashi Algo OScillator later today as is. And you can use it with some of the indications that are available. I think it's time I release it and stop trying to be so perfect with it. It will have the S/R/ levels Aerts to exit your short or long position Range signals - To tell you when you have entered into a RANGE Bulls / Bears Rejection Signals - Letting you know its a STRONG rejection of the current bullish or bearish trend. Double Stochastic Strategy - A video will be created on how to use this on a later date. I'm also leaving the double stack castic strategy in there but you may not know how to use it just yet and I will create a video on that on a later date so in the meantime when you see it you could just turn it off if you want to. Alerts for Exit Short and Exit Long - these messages will be sent to your phone, email and desktop to let you know you should exit your current trade of Long or Short.
Education
by CoffeeshopCrypto
7
How to detect a trend and trail an uptrend? How do I detect an uptrend? In the chart BNB/USDT I am using the Supertrend Ninja indicator, which is a trend-following indicator (Green and red vertical line with arrows). When the background of the candlestick closes green with an upwards pointing pink arrow. It indicates a possible bullish (up)trend. The Supertrend Ninja indicator gave only 6 bullish signals for the 2 day chart in 2021. And 2 bullish signal in 2020. Which in my opinion makes each bullish signal very reliable. It warned about the March 2020 and May 2021 (possible) corrections (big purple down arrows). And also the big uptrend of Dec 2020 (big blue up arrow). How do I trail an uptrend? With each trade I make, proper risk management is essential. Either by using the Trailing Stoploss Bottom Activation indicator, visible as orange dots below the candles. Which sends an alert, when current price goes below the previous candle low. Or using the Heikin Ashi Trailing Stoploss Activation, the indicator below with green and red blocks. Remember, the first stop(loss) is always the cheapest stop. Using one of these, or both offers me the possibility to ride bigger parts of the trend. Whichever triggers an alert first. (For completeness, the grey blocks are supports and resistances) Thank you for reading. Namasté Disclaimer: Ideas are for entertainment purposes only. Not financial advice. Your own due diligence is highly advised before entering trades. Past performance is no guarantee of future returns.
Education
by Kch28
Heikin-Ashi system caught the bitcoin move spot on If you were trading my Heikin-ashi system during this bitcoin accumulation zone, this would’ve been a perfect long opportunity. All signs were directed towards a bull run. Bullish heikin-ashi doji formed after an impulse leg down, a bullish fractal appeared on the bullish hammer candle that started the move. The stochastic was in an oversold range and started to head up on the heikin-ashi doji. With a system, always make sure that all signs are ticked before making a trade, in this trade all signs were ticked and therefore this would be a good trade to make at the time. Discipline is key and do not enter trades if something does not feel right about the price action or your system does not fully follow.
BITSTAMP:BTCUSDEducation
by Major-Heikin-Ashi-Legend
1
Heikin Ashi candlesticks overview Heikin Ashi candlesticks gives a smoother appearance by reducing some of the market noise, hence making it easier to spots trends and reversals. There is a tendency with Heikin-Ashi for the candles to stay red during a downtrend and green during an uptrend Heikin-Ashi calculation uses a formula based on two-period averages How to read Heikin-Ashi candles Green candles indicate an uptrend and in case with no lower shadows the move can be assumed a strong uptrend Red candles indicate a downtrend and if with no higher shadows a strong downtrend Candles with a small body surrounded by upper and lower shadows indicate a potential trend change or trend pause the Heikin-Ashi candlesticks do not show the exact open and close prices for a particular time period because they are averaged hence who need to exploit quick price moves may find Heikin-Ashi charts are not responsive enough to be useful For whom interested with Higher Time Frame Candle presentation on lower time frame chart including Heikin-Ashi candles are invited to check HTF Candles
Editors' picks
Education
by dgtrd
147
Explaining Heikin Ashi, Guide Part 9Most day traders prefer to use candlestick charts for their analysis, but most have not heard of Heikin Ashi candles. Heikin Ashi candles have recently gained popularity among daily traders to more easily identify a certain trend. Candles: Heikin Ashi Seeing this: Can we tell the difference?, Heikin Ashi is made to identify a trend not the movements of the price in specific, there are certain programming to explain but it is not really necessary to learn it. You could say that what it does is take an average of the previous candles and take a way to visualize whether it continues its trend or not. One of the most obvious differences between Heikin Ashi charts and Japanese candles is the calculation of the opening and closing prices. Instead of using the open, high, low and close of the current bar to build the bar, Heikin Ashi candles are formed by combining the midpoint of the previous bar with the open, high, low and close. of the current bar. A green bar means that the average closing price of the previous six bars is in the top 50% of its range, indicating a bullish bias. The opposite occurs with the red bars. Transcendence of the Heikin Ashi chandeliers Heikin Ashi charts make candlestick charts more readable for traders who aspire to know when to exit a trade once the trend weakens and when to stay in a strong trend. They are a modified way of displaying data on your candlestick chart, primarily the function of softening the volatility of a stock or other financial gadgets, which enables traders to produce more complicated trading tactics. Typical candlestick charts will show how volatile the markets were on a particular candle and the overall trend. Heikin Ashi charts filter the sound and smooth out the cost action on a chart by displaying values using averages to generate something that looks a lot like the candle. How to calculate the Heikin Ashi candle As mentioned above, Heikin Ashi candles are based on current close-open-high-low (COHL) price data, current Heikin-Ashi values, and previous Heikin-Ashi values. Here's a quick breakdown of how to calculate the Heiken Ashi candle: The Heikin Ashi close is simply an average open, high, low and close of the current period. Close = ¼ (Open + Close + Low + Close) The Heikin Ashi Open is the average of the previous open Heikin Ashi candle plus the close of the previous Heikin Ashi candle. Open = ½ (Open of the previous bar + Close of the previous bar) The Heikin Ashi High is the maximum of three maximum points. High = (High, Open, Closed) The Heikin Ashi minimum is the minimum of three minimums. Low = (Low, Open, Closed) How to use Heikin Ashi candle holders Now that you know what Heikin Ashi candles look like and how they are calculated, it's time to learn how you can apply them to your trading. Heikin Ashi's charting technique can be used to spot trend reversals or potential trends. This indicator takes several bars in context and not just one bar. Limitations of Heikin Ashi Like any other technical analysis tool, Heikin Ashi is useful but has some limitations or weaknesses. For example, the candles do not show the exact opening and closing prices. The candles hide the real information of the value of the asset. In addition, they require previous data, which does not serve too much for people to trade in the short term too much due to the high risk of this. This type of non-standard chart is mostly used to verify trends, therefore some indicators such as Ichimoku or Buy And Sell tend to use this type of chart. The problem with this is that Heikin Ashi does not really show the real price of the asset if not an average of it, so it is good to backtest and learn the use of these types of indicators. Example Buy and Sell: The Buy And Sell indicator indicates entry and closing of this, but then it continues to rise. Therefore, you need to understand that these indicators really have a great fault. In addition, the best entry would have been in the indicated circle. Example Ichimoku: As we can see, ichimoku is a bit more exact about this, but in a way it also has its flaws, ichimoku is an indicator that looks for inputs through moving averages. Mostly the 9-26-52 setting. But it is not recommended to use it in its entirety as a holy grail. It's pretty good, but try to make it a complement to your analysis. Candles: If you have a different opinion than mine, I will respect it. Mention your idea in the comments.
BINANCE:BTCUSDEducation
by UnknownUnicorn18500526
7
Heikin-Ashi system, how to get out and take profitIn this idea you are shown when the uptrend is showing signs of weakness and when it’s a good time to take your profits before the trend change. It can also be a good place to short a market. Indicator 1= stochastic is overbought and ready to head down Indicator 2= Price has hit upper band of donchian channel Indicator 3= CMF heading back towards 0 line Indicator 4= red doji is also a very strong indicator along with the green doji before it
WEducation
by Major-Heikin-Ashi-Legend
Second example of Heikin-Ashi system, legendary profitsHere is another example following on from my first post. Another indicator that’s important is when the CMF is below the 0 line and starts to turn towards the 0 line. this is a sign of strength and a sign that the weakness in the market(downtrend) is coming to an end. The change comes at the exact point of the Heikin-Ashi doji which means that this is a strong entry. As you can see this trade worked out and proves that Heikin-Ashi can be very profitable if it is followed properly.
NASDAQ:TSLAEducation
by Major-Heikin-Ashi-Legend
1
Heikin-Ashi system (simplified) This is my main heikin-ashi system. Heikin-Ashi is a Japanese indicator that means ‘average bar’ Its main purpose is to show the general trend and the strength of each trend, it also gives clues to when a trend change may happen. Heikin-Ashi is a powerful tool that can be used in swing trading to make big profits! The following is a simple but very useful system. The entry criteria is as follows: Indicator 1 = Down-move to bottom of donchian channel or bottom band, normally a wick that touches it, as seen on the chart Indicator 2 = Oversold on stochastic (stochastic is low) and ready to head up. Indicator 3 = heikin ashi doji which is indicated on the chart (green) strong entry, (red doji) slightly weaker entry. Live ideas about this system coming soon!
COINBASE:ETHUSDEducation
by Major-Heikin-Ashi-Legend
5
Heikin-Ashi + DMI + Pitchfork = A super easy trend system!I have been trading this system recently and have been surprised at how easy it is to trade with a predominant trend. Using a unique 3-indicator system composed of Heikin-Ashi + the DMI + Pitchforks allow a trader to reduce chart noise and stay in a trade until the trend has exhausted itself. The basic rules of the system include waiting for buy signals on both the Heikin-Ashi and the DMI and then exiting a trade when both the DMI and Heikin-Ashi have given sell signals. The Pitchforks serve as hidden support and resistance and help the trader with placing stop losses based on swing points of the candles and the next nearest pitchfork support lines to minimize chances of stops being triggered. The Pitchforks are also useful for identifying potential reversal zones to enter and exit trades if a trader notices particular pitchfork lines support price more significantly than others. Extra layers of support/resistance confluence can be added with Fibonacci Retracements and Extensions/Projections at these potential price reversal zones. I personally do this myself but the chart does get a bit cluttered and was hard to show clear entrance/exits with them included on here in this photo. I personally use this on shorter time frames (3min) and it is just as accurate, however, TradingView requires a minimum 15-min resolution to post an idea. I imagine, as with all trades, the longer the time frame the stronger the signals, and the shorter the choppier the trades could get with being stopped out. While I have not tested this extensively, reversing this system for a short does work as well (data not shown on this chart). I have not tested longs or shorts on futures or Forex, so YRMV, and I would suggest testing extensively before implementing on those markets. Illustration of this system can be seen on $FUV on the 15min chart. It shows two trades, first with a trade of 51% profit and a second of 24%. Average return over two days was 37.5% profit. Pros of this system: Very easy to use to identify and trade in the direction of the predominant market trends Makes it easy to identify Elliot Waves, XABCD, or ABCD market geometry setups due to the nature of the Heikin-Ashi Candles Ample noise reduction for "nervous" or new traders to make sure they catch the most of a trade trend with easily identifiable entrances and exits PDT traders may find this system on longer periods/for swings more agreeable than day trading since it minimizes number of trades and maximizes potential return Traders with full time jobs may find this more agreeable as it is a "set-it and forget it" type of system where they can schedule alerts/exits on the DMI cross over threshold to focus on other important things Cons of this system: Trading during ranged markets can lead to being stopped out or quickly lost profits (additional period length or higher level can minimize this risk, see below) Missing out on "perfect" entry and exits due to combining two lagging indicators Heikin-Ashi does not represent "true" chart price and it is recommended to add the real stock price on the chart somehow or have broker open with true price to not miss a potential entrance/exit if price reverses quickly/strongly System Settings: Heikin-Ashi = Standard DMI length = 5 period, 20 level (can adjust both period and level higher or lower depending on needs of the trader. Longer = less profit but stronger signals; shorter = max potential profit but more frequent trading/more chop). Pitchfork = Schiff (change angle more vertical to Modified Schiff or Original as trend goes outside of Schiff Fork if needed. I prefer to just clone the Schiff and move it higher or lower above the main fork since I trade corrections).
FEducation
by christoefert
4
Heikin-Ashi CandlesA new candle type that I think I prefer to use because it does a better job showing trends and potential reversals than regular candles. If nothing else its another tool to help other than the usual indicators I use. I am going to start posting more educational material. We can all get the same team and help each make more money. The formula for these candles are: Close 1/4 (Open + Close + Low + Close) (Average Price of Current Bar) Open 1/2 (Open of Previous Bar + Close of Previous Bar) (Midpoint of the previous bar) High = Max (High, Open, Close) Low = Min (Low, Open, Close)
TVC:SPXEducation
by rjchilia123
Big experiment (part 8). Heikin Ashi and the conclusionBITFINEX:BTCUSD Dear friends, This is the final part of the educational block, devoted to my big experiment of comparison of unusual price charts, identifying their advantages and disadvantages. The last chart described was Heikin Ashi candlesticks. In the last educational post, I found out that the indicator is often late; I also divided all possible Heikin Ashi candlesticks into three groups. As I already noted in the last training article, the first and the second candlestick types send many false signals (see the zones in red circles in the chart above). The third type indicates changes more accurately, however, it is extremely seldom at the beginning of the price movement; so, if you enter a trade according to this signal, you will be rather late and may miss a lot of profit, or you might even face losses. To filter off sideways trends in the Heikin Ashi candlestick chart, you need to apply trend indicators and charts. It may sound a little strange, as the Heikin Ashi, itself, is suggested to be a trend indicator. First, let’s study the technical analysis tools, applied to the Heikin Ashi candlesticks. MACD is a trend indicator; however, it is clear that its signals lag far behind the price and, in fact, it sends a buy or a sell signal too late. When you switch to a shorter timeframe, the lag is getting less; however, in in the zone of sideways trend, there are more false signals. That is, the problem of random signals of sideways movements is still not solved. There will be still many random signals when trading flat. To be fair, I must note that moving averages won’t provide the needed result as well. First, moving averages themselves are a lagging indicator; second, they also send a lot of false signals in trading flat; and applying a lagging indicator to the lagging Heikin Ashi chart is a double lag. Therefore, to solve this problem, you need to utilize other price charts together with the Heikin Ashi candlesticks. First, let’s analyze the marked period in the charts of Renko, Kagi, Line Break and Tic-Tac-Toe. As you see, the studied zone in these charts looks much shorter than that in the Heikin Ashi chart. It is because there you can remove the market noise from the chart, that is, in these charts, you should ideally see only the trend moves. In practice, it is not that simple of course. The matter is that none of the charts does it in way I’d like. Each chart has certain sensitivity to the price changes. But, unfortunately, this sensitivity is often static and can’t be adjusted to the market situation, so, when the volatility is low, it wouldn’t indicate any changes, as the whole market movement may not reach the needed value. First of all, it is about the Line Break chart, where the price change unit is always constant; that is why it sends too many random signals in the sideways trend. The same problem is with the Range chart that doesn’t take time into consideration , but also has a set unit of the price change, which doesn’t consider the market real situation. The other three chart types – Renko, Kagi and the Tic-Tac-Toe are more convenient with this respect and apply a dynamic variable as the price change unit; it is set by the ATR index (Average True Range). This ability lets the indicators adjust to the market changes; however, it also has some drawbacks. The matter is the whole history in the chart is constantly changing due to variable ATR index; it doesn’t change the displayed market situation fundamentally, but the signals, sent before, can disappear, making it more difficult to analyze the trading history of an instrument accurately. In addition, each of these price charts has unique properties that can be applied to trading. First, look at the Renko chart in the top part of the window (you can learn more about it in my first post, devoted to this experiment). I marked the sell and buy signals with arrows. I’d like to emphasize that the arrow is not at the first box, but at the second one, as the signal itself is sent only after the box is complete and the next one emerges. As it is clear from the Heikin Ashi chart, the buy signals, like the sell ones, mostly come with a long lag. If you followed such signals, you would obviously lose. Therefore, you should be extremely careful when using Renko to filter off the sideways signals. A more interesting situation is painted by Kagi (see a more detailed description in article Big Experiment (part 3). Kagi chart). The key levels to buy and sell are marked with the lines of shoulders and waist there. If the chart has completed the waist and goes up, there is a buy signal. If there is the shoulder and the price goes down, it is a sell signal. The projection of these signals in the Heikin Ashi chart can be used to prove the candlesticks of type one and two to trade inside the channel. The last chart to study here is the Tic-Tac-Toe chart that indicates the trend moves the best of all. In the studied range, there are no clear buy or sell signals; however, the Tic-Tac-Toe chart clearly shows the entire consolidation process, which in general looks like a symmetric triangle. The pattern breakout from above has proved the sell signal, giving an opportunity to stop the loss at the right time. Summary Eventually, the experiment results suggest that each of the nonstandard price is lagging behind the actual market price. The degree of lagging is directly related to the indicator sensitivity. Each of the studied charts spots trends quite well, but the most interesting, in my opinion, are the Kagi chart and the Tic-Tac-Toe. Kagi helps you identify the key levels and mark the signals of the trend reversal. The Tic-Tac-Toe is good for the global analysis and indicates the technical analysis patterns that are not clear at the first sight. Taking into account that all the charts are lagging, applying moving averages to them send even later signals, compared to the general market trends. This fact suggests that there is no point in using additional indicators, based on nonstandard charts. The best results in the tests have been performed by the combination of the common trading systems in the Japanese Candlestick charts and the charts of Kagi and Tic-Tac-Toe. You can also apply Heikin Ashi as a confirming signal. All the signals must be checked in the shorter timeframes. An example of a good combination of different charts is shown in the picture below. There is a combination of charts, consisting of three windows, to analyze different timeframes. In the left window, there is a common Japanese candlestick chart of the 4-hour timeframe, supplemented with a number of indicators – it is the trading strategy, providing signals to enter and exit trades. In the central chart, there are the support/resistance levels, indicated by the Kagi chart. In the given example, the ticker has touched the support levels and is rebounding. By means of the Tic-Tac-Toe chart in the BTCUSD 4H timeframe, you can easily identify the global patterns, having the strongest influence at the moment. Finally, there is a complete picture, showing the merging global pattern of the symmetric triangle. It is clear that the BTCUSD ticker has closely approached the support zone and suggests the growth potential as high as 6670 USD. In the Japanese candlestick chart, there is a buy signal that is proved by both the Kagi chart and the Tic-Tac-Toe. In addition, there is a clear risk zone, indicated by the triangle bottom leg and the support levels in the Kagi; this suggests the place to put stop losses. That is just an example of how these charts can be applied, rather than a standard scheme. I think it is possible to find a better use of these charts and to fulfill their potential by 100%. But you must always remember that none of the described charts indicates the price extremes – highs and lows; and so, to put stop losses and profit targets you still need to consult the common Japanese candlestick chart. This concludes my big experiment with unusual price charts on BTCUSD example. I really hope that you find this information interesting and helpful. I wish you good luck and good profits! ________________________________________ PS. If you agree with my ideas, write “+” in the comments; if you don’t agree, put “-”. If you liked the post, just write thank you, and don’t forget to share the post. It is easy for you and I will be very pleased :)
BITFINEX:BTCUSDEducation
by Hypov
2
Real Price vs Heikin Ashi PriceHi! This is just a quick study for my own curiosity. It maps out the real world closing price vs the Heikin Ashi closing price. I think I'll make the indicator a mainstay of my trading charts, as it's useful to see. It also makes manual backtesting more viable. Some interesting observations: Long-term average difference between real world closing and HA closing ranges from 1 - 4 pips. There are intermittent spikes of up to 10 - 12 pips. These happen fairly infrequently (depending on the time frame being viewed). On average, HA prices are closer than I thought to real world prices. I would have expected an average greater than 1 - 4 pips. Spikes in difference often signify important points. Primarily they seem to signify new or continued trend activity in the relevant direction, but sometimes they can indicate tops or bottoms. Could be interesting to try and build a strategy around it. I'm not sure if I'll publish the Real Price indicator (it's literally just a few lines of code), but let me know if you want a copy of it. Cheers, DreamsDefined
Education
by DreamsDefined
3