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.
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
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January 28th, 2009 at 5:47 am
I’ve been using Heikin-Ashi almost a year, and it’s my favorite Indicator…Lol
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Gordon Brenner Reply:
January 13th, 2013 at 3:07 am
I’m new to all of this. Please tell me, do you use a certain website for heikin-ashi candles or do you have to buy a software program.
Thanks,
Gordon
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admin Reply:
January 13th, 2013 at 8:02 am
I use MetaTrader, which is a free charting/trading software with Heiken-Ashi charts.
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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
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September 29th, 2011 at 5:02 pm
Plz send me the E-book of HEIKIN-ASHI with user friendly.
Thank U
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admin Reply:
September 29th, 2011 at 5:51 pm
With user friendly what? The download link is in the post above.
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November 11th, 2011 at 3:16 am
send me heinkin ashi e book
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admin Reply:
November 11th, 2011 at 8:37 am
You can download the book simply by clicking the link in the post above.
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October 1st, 2012 at 7:46 am
Dear Sir, I tried to clik and download the e-book- Using The Heikin Ashi Trading Technique but it cannot download. Can you please help me. Thank You. Warm Regards. chiam
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admin Reply:
October 1st, 2012 at 11:03 am
What happens when you click the download link?
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November 16th, 2012 at 1:50 pm
Hi, the link is not working please send me ebook on nkanyisoauto@gmail.com …Thank you for a great blog
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admin Reply:
November 16th, 2012 at 2:04 pm
The link is working – I’ve just checked. What happens when you click it?
We do not send anything via e-mail, sorry.
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December 12th, 2012 at 6:38 pm
Your link does not work, I have tried it over and over- it doesn’t work, please advise how I can get you ebook.
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admin Reply:
December 12th, 2012 at 7:04 pm
Dan, what happens when you click the link.
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Dan Reply:
December 13th, 2012 at 1:43 pm
It acts like it’s going to download but stops. I have tried it several times.
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admin Reply:
December 13th, 2012 at 1:51 pm
If you are using Google Chrome, try right-clicking the link and choosing “Save link as.”
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Dan Reply:
December 13th, 2012 at 1:55 pm
Thanks, I just downloaded it using another computer.
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