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Indicators: Heiken-Ashi

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Automated-Trading
Admin
102594
Automated-Trading  

Heiken-Ashi:

The Heiken-Ashi indicator is looks like the candlestick chart, but it has some difference.The advantage of the Heiken-Ashi charts is a simple trend determination, the upward trend candles are blue,the downward trend candles are red.

Author: MetaQuotes Software Corp.

ismirnix
36
ismirnix  

how can i use this in several timeframes ?

icustom does not work or iam wrong?

supercoder2006
26
supercoder2006  
ismirnix:

how can i use this in several timeframes ?

icustom does not work or iam wrong?

You might be able to answer my question: Can you use same indicator with different time periods in the same EA?
Sergey Golubev
Moderator
95216
Sergey Golubev  

An Example of a Trading System Based on a Heiken-Ashi Indicator




With the appearance of candlestick chart in the U.S., more than two decades ago, there was a revolution in the understanding of how the forces of bulls and bears work on the Western markets. Candlesticks became a popular trading instrument, and traders began working with them in order to ease the reading of the charts. But the interpretation of candlesticks differ from one another.

One of these methods, which changes the traditional candlestick chart, and facilitates its perception, is called the Heikin Ashi technology.

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