How to Use Heiken Ashi Candlesticks to Easily understand the Trend? Heiken means Average and Ashi means Pace, it's the Average of Market Pace in plain Japanese. Heiken Ashi Candles look somewhat similar to our conventional Candles but make no mistake, their values are all derived from other values, in short, a Heiken Ashi candle is a Modified candle, and it's values are an average of other values of candles preceding it. As the Open, Close, High and Low are modified and averaged, the final result is a smooth visual of the trend in progress. Unlike the conventional candlestick charts, Heiken ashi candlestick charts are smooth and clearly depict the trend in progress, though a little bit lagging. I have explained the 4 different Important things to look out for in using the heiken ashi candles. Hope it helps.
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