(sell example) when the price is below all the emas, preferably with them ordered from lowest to highest (this increases the probability of success). Share ideas, debate tactics, and swap war stories with forex traders from around the world. All is explained but heiken ashi, why heiken ashi, we can use candles or bars I understand if you say when heiken ashi change colour but here is only closing price? Heiken ashi i use heiken ashi candles, because it makes the chart easier to read, when the colour changes it indicates a trend reversal, long wicks do indicate a potential reversal And that is all i read into it, forget candlesticks, my basis for this is, look at a heiken ashi chart and look at a candlestick chart, it's easier to read
The heikin ashi strategy is a popular approach in technical analysis, particularly in trading Heikin ashi charts are similar to candlestick charts but use a modified formula to calculate each candle's open, close, high, and low values The resulting charts smooth out price movements and make trends easier to identify. The forex market is a vast and constantly changing landscape, making it difficult for traders to find a reliable and effective trading strategy One popular trading strategy that has gained traction among traders is the forex heiken ashi strategy This strategy is based on the heiken ashi candlestick chart, which is a modified version of … continued
