Heiken Ashi Bar

The Heikin-Ashi technique--"average bar" in Japanese--is one of many techniques used in conjunction with candlestick charts. Heikin-Ashi Price Bars. Heikin-ashi, Japanese for “average bar,” is a technique used to better visualize price trends. The “red” bars signify that Sellers are dominating the market, and “white” bars suggest that Buyers are dominant. Instead of using the open-high-low-close (OHLC) bars like standard candlestick charts, the Heikin-Ashi technique uses a modified formula. Heikin Ashi is a type of trading chart that originated in Japan (heikin ashi translates as average bar). Heikin Ashi charts are similar to candlestick and bar charts. The Heiken Ashi Oscillator shows the color of the Heiken Ashi Bars and measures inmediate and average change over time. The heikin-ashi method {heikin means "average" or. "balance" in Japanese, while ashi means "foot" or. "bar") is a visual technique. The math behind Heiken Ashi is very simple. The current status of the market is based in the four prices (open, low, close and high) of the last two bars. In Metatrader I can create a Heiken Ashi chart and display the bar chart in the foreground for a unique charting look. Demonstration of a tool to use Heiken Ashi bars with real prices onscreen but remaining clear and readable