Heikin Ashi Charts – Why Heikin Ashi Candlesticks are better
What are Heikin-Ashi Candlestick Charts? Heikin-Ashi means “average bar” in Japanese. Heikin-Ashi Candlesticks use the open-close data from the previous period and the open-high-low-close data from the current period to create an average candlestick. As a result of the averaging, Heikin-Ashi candlesticks won’t show the exact open, high, low and close for that period like […]