Master HeikinAshi candle stick through course.
Course content,
1. Basics of HeikinAshi candlesticks
2. Trend reversal signs
3. Using HeikinAshi as a trailing Stop
4. Strategy to trade with HeikinAshi
Advantages of HeikinAshi
Heikin Ashi is a type of candlestick charting technique used in financial markets analysis. The main advantage of Heikin Ashi is that it provides a clearer visual representation of the price trend compared to traditional candlestick charts. Here are some specific advantages of Heikin Ashi:
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Smoothing of price movements: Heikin Ashi charts use a formula to calculate the opening and closing prices of each candlestick. This formula includes the previous candlestick's open, close, high, and low prices. As a result, Heikin Ashi charts tend to smooth out price movements and provide a clearer view of the overall trend.
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Identification of trends: Heikin Ashi charts make it easier to identify trends in the market. Compared to regular candlestick it makes it easy to identify trend.