Heikin Ashi


Heikin-Ashi, also sometimes spelled Heiken-Ashi, means “average bar” in Japanese. The Heikin-Ashi technique can be used in conjunction with candlestick charts when trading securities to spot market trends and predict future prices. It’s useful for making candlestick charts more readable and trends easier to analyze. For example, traders can use Heikin-Ashi charts to know when to stay in trades while a trend persists but get out when the trend pauses or reverses. Most profits are generated when markets are trending, so predicting trends correctly is necessary.  Source: Investopedia

Heikin Ashi Chart

Heikin Ashi can be displayed in a separate window pane…

..or as an enlarged chart.

Simply from Insert menu select Indicator… then Heikin Ashi indicator to create the chart.

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