Heiken-Ashi Candles - A Different Approach To Candlesticks

Posted: 18 October, 2017
Source: P2017 SYD Available to: Members

Heiken-Ashi Candlesticks look just like normal Japanese Candlesticks, so how are they different?
In the 1700s, when Munehisa Homma developed Heiken-Ashi Candlesticks, what were his objectives in designing a modified version of candlesticks?
Some traders (and in particular FX traders) claim that Heiken-Ashi Candlesticks are a very powerful tool towards identifying the direction of the trend.
In this presentation, we will look at how Heiken-Ashi candlesticks are constructed, and why they offer a very different approach to normal Candlesticks towards making your trading decisions.