What Is Heikin-Ashi and How to Trade with It? [With Pictures]


SSA mormalized with Heiken Ashi scalping is a trading system based on SSA indicator.

The just follow the Heikin Ashi colors. I use the MetaTrader4: It is this chaining effect that gives a really unique view into the market. But you are right, its good idea to ask my broker.

SSA indicator

Heikin Ashi trading: all pros and cons of the indicator Heikin Ashi (or sometime they call it Heiken Ashi) can be translated from Japanese as the “average pace”. The name and the table speak for themselves: Heikin Ashi is sort of an indicator that makes the price chart to look smoother.

I would like to know if any other members on the site have been using the strategy and their results. As far as I know, many of them are using Heikin Ashi.

They will let you know about their performance when they see your comment. This is my first time I write to you. My question is, why is your stohcastics lines both in red sell and green buy. Do you use a different stohcastics? I demo now for quite a while with Choice and will open a live account later with them. I have trade on different time frames, but since last week I desided to change to the day time frame which I found more relaxing and easier profiting.

Furthermore, I find your articles very helpfull and will experiment with your stohcastics as soon as I here from you. That stochastic is not supported by MT4 by default. You can google for colored stochastic for MT4 and you will find some. I personally have no idea about that broker. You can ask about the others ideas on that broker here: Let me know what to do. You can download it here: Thanks for the reply on both my questions. I will let you know if there is still problems with the download.

Please how can I have the heiken ashi chart and a normal candlestick chart on a single chart window the way you arranged it with the stochastic indicator or do I need 2 computer screens? If I use the Heikin Aschi chart and I see a reversal pattern on the H1 , H4 after that I see a formation ear cup in which case hit it the price Fibo fibo ,8 and fibo ,6. I hink I can watch the directin of the higher time frame or I wach only a time frame for exaple Dail chart and I buy when the Stohastic 14,7,3 is in owersould and sell the pozition when the stohastic is in the owerbuy Best Regards Arpad.

It is a very good article. Many are suggesting stochastic only for higher time frame. But you are suggesting for lower time frame which is very good to note. Others are suggesting that we have to enter long and short only when stochastic crosses over 20 and below 80 respectively for long and short entry.

But as per your suggestion, it is ON Crossing at both the ends. Which concept is correct? Once its crossed either levels, most likely soon it will trend the other way but waiting for the lines crossing is like being patient for price confirmation.. On forex or stock market, we can make or lose money when the price goes up and down. This eBook shows you the shortest way to acheive Financial Freedom: Just before you go, did you check This System? Make sure to do it now, otherwise you will regret.

Article by LuckScout Team. December 6, at December 13, at December 31, at 4: February 23, at 4: March 28, at November 5, at 7: November 6, at 3: December 22, at 5: December 22, at January 19, at 7: January 19, at January 27, at 8: February 21, at 6: February 24, at April 6, at 9: April 6, at May 8, at 6: May 9, at 2: July 5, at July 6, at 2: July 6, at 3: July 6, at 5: July 6, at 7: July 18, at 4: July 24, at 3: July 24, at 7: Traders use Heiken Ashi to determine the relative strength of a trend and to pinpoint key turning points in price behavior.

Traders can then make a better-informed decision without the distractions caused by volatile price action. The Heiken Ashi application reconstructs candlesticks based on mathematically smoothing calculations that are fixed.

The Heiken Ashi bars are superimposed over the traditional candlesticks to give a complete presentation. Although it may take time to become familiar with the new chart presentation, one can immediately recognize the price momentum building on each of three downturns that tested the obvious support level at The key points of reference are when color changes occur, signifying a shift in momentum between Buyers and Sellers.

Trends are easier to follow and stick with, especially when another indicator is used for confirmation. The Heiken Ashi indicator works well when support and resistance levels are evident.

Skill in interpreting and understanding Heiken Ashi bars must be developed over time, and complementing the Heiken Ashi tool with another indicator is always recommended for further confirmation of potential trend changes. In the next article on the Heiken Ashi indicator, we will put all of this information together to illustrate a simple trading system using Heiken Ashi analysis.