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Technical analysis
Heikin Ashi is a smoothed candlestick chart in which each candle is built from averages of the current and previous bars, so runs of same-coloured candles show a trend more clearly than ordinary candles.
HA close = (Open + High + Low + Close) ÷ 4; HA open = (Previous HA open + Previous HA close) ÷ 2
Heikin Ashi is a smoothed candlestick chart in which each candle is built from averages of the current and previous bars, so runs of same-coloured candles show a trend more clearly than ordinary candles.
HA close = (Open + High + Low + Close) ÷ 4; HA open = (Previous HA open + Previous HA close) ÷ 2
No. Heikin Ashi describes one aspect of a company, a price or a contract, and it is best read alongside other numbers and the business itself. Jivani Markets is a research and education platform; it does not give buy, sell or hold recommendations.