Forex Technical Trading With Heikin-Ashi. How Can You Use the Heikin-Ashi Chart in Your Trades?… Some traders only use Heikin-Ashi to trade.
It is a good idea specially for those who are not patient and disciplined enough and those who lose because of entering too early and exiting too late. It helps you follow the trending markets, because it keeps you wait for a longer time, and then it lets you in when you are at the beginning of a strong trend.
Buy : UP Big Arrow + up small Arrow + Trend Line is Green + Heikin Ashi Candle is Green
Sell : Down Big Arrow + Down Small Arrow +Trend line is Red + Heikin Ashi Candle is Red
So the Heikin-Ashi chart is delayed and the candlestick chart is much faster and helps us to make more profit. Why should we use a Heikin-Ashi chart ?… Because of the delay that the Heikin-Ashi chart has, it has less number of false signals and prevent us from trading against the market.
On the other hand, Heikin-Ashi candles are easier to read because unlike the candlesticks they don’t have too many different patterns.