Traders make money when markets are trending. Traders use the Heikin Ashi to get information such as when to stay in a trend trade or if it’s time to get out because the trend has reversed. These charts can be very useful as they make it easier to read candlestick charts and analyze market trends.
The Heikin Ashi can be used alone or in conjunction with candlestick charts. The Heikin Ashi strategy is a useful tool used in identifying market trends and predicting the future prices of assets.
Heikin-Ashi, also called Heiken-Ashi, is translated as an “average bar” in Japanese.