Heiken Ashi Candles: Trend indicator.... - Paperback

by Sudhir Kumar Sahu (Author)

Correctly predicting the trends is absolutely necessary for making handsome profit. Heiken Ashi is one such technique to identify & analyze the trends. Heiken Ashi candle system depicts the price pattern like normal candlestick patterns. Heikin Ashi or Heiken Ashi is a Japanese word that translates in to "average bar". It is a modified candlestick pattern. The Heiken Ashi candle system filters out market noise, thus reducing small corrections making the signals more transparent and results in clear illustration of market trends & direction. The two main aspects of Heiken Ashi candles are identifying the trend strength & trend reversal.