Heikin-Ashi is charting technique (which can be even called an indicator) that substitutes the traditional Japanese candles on the chart with the more «balanced» versions of the candles. Each parameter of a candle — Close, Open, High and Low — is derived from the common candle’s parameters via the special formulas. The purpose of this charting technique is to eliminate the irregularities present on the chart and show the price trends and consolidations more clearly. Today I uploaded an e-book about Heikin-Ashi technique to my site. It’s called Using The Heikin-Ashi Trading Technique and was written by Dan Valcu. It’s quite a short e-book that features a very detailed description of Heikin-Ashi, explains its constructing process and offers the trading strategies that can be used with the Heikin-Ashi charts. If you want to find a new way of looking at the charts, I strongly recommend learning the Heikin-Ashi technique with this e-book.
By the way, the MetaTrader 4 software has Heikin-Ashi as the standard indicator. So, you don’t need to search for it or create one yourself. Just read about this technique, attach the indicator to your MT4 chart and have fun trading.
This is a great book..I will quote from it in my thesis about hedge fund trading strategies. I also learned a lot about hedge fund trading strategies from 2 other books. Hedge Fund Trading Secrets Revealed..by Robert Dorfman..and Confessions of a Street Addict of course by Jim Cramer..written before he got really famous..both are very riveting and informative. You should check them out if you like reading behind the scenes stuff about hedge funds
Serving Traders Since 2005
November 12th, 2008 at 10:25 pm
This is a great book..I will quote from it in my thesis about hedge fund trading strategies. I also learned a lot about hedge fund trading strategies from 2 other books. Hedge Fund Trading Secrets Revealed..by Robert Dorfman..and Confessions of a Street Addict of course by Jim Cramer..written before he got really famous..both are very riveting and informative. You should check them out if you like reading behind the scenes stuff about hedge funds
▼Reply
January 28th, 2009 at 5:47 am
I’ve been using Heikin-Ashi almost a year, and it’s my favorite Indicator…Lol
▼Reply
February 6th, 2010 at 4:08 pm
i will love to have up date on the Heikin-Ashi so i can be ussing it for my trade thanks
▼Reply
September 29th, 2011 at 5:02 pm
Plz send me the E-book of HEIKIN-ASHI with user friendly.
Thank U
▼Reply
admin Reply:
September 29th, 2011 at 5:51 pm
With user friendly what? The download link is in the post above.
▼Reply
November 11th, 2011 at 3:16 am
send me heinkin ashi e book
▼Reply
admin Reply:
November 11th, 2011 at 8:37 am
You can download the book simply by clicking the link in the post above.
▼Reply