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What is Heiken Ashi

Luke Hansen

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Heiken Ashi is a custom technical indicator that furnishes traders with a totally different sort of price chart. The marker draws candlesticks that have an equation not the same as the conventional Japanese candlesticks. Specifically, open and close prices are recalculated based on averages. This change permits to ignore the market noise and get explicit signals about a trend's quality. The Heiken Ashi indicator represents a specific type of candlesticks which differ from those we are used to seeing at the Japanese candlestick chart.
 

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