24/10/2014 19:08:39 Free Membership Login
If your page isn't loading correctly please Click here
Basic ADVFN Video Help
ADVFN HomeHelpChartsHeiken Ashi Charts
Charts
  Point & Figure Charts
  Studies
  Heiken Ashi Charts
  The ADVFN Live Charts

Heiken Ashi Charts

Heiken-Ashi bars are similar to candlesticks, but are based on slightly changed datasets:
  1. haClose is the average of the current bar (Open + High + Low + Close)/4
  2. haOpen is the midpoint of the body of the previous bar: (Open of previous bar + Close of previous bar)/2
  3. haHigh is the highest value of the set: High (of the current bar),haOpen,haClose
  4. haLow is the lowest value of the set: Low (of the current bar),haOpen,haClose
The Heiken-Ashi bar is thus plotted as a candlestick with values haOpen, haClose, haHigh, haLow. it's coloured green for up and red for down, to differentiate them from regular candlesticks.

Heiken-Ashi gives a much better visual indication of trends, consolidations and reversals than regular candlestick bars for any time frame.




Your Recent History
LSE
GKP
Gulf Keyst..
LSE
QPP
Quindell
FTSE
UKX
FTSE 100
LSE
IOF
Iofina
FX
GBPUSD
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

1 site:2 us 141024 19:08