Android
Zerodha Broker (Free Delivery)

India's No. 1 Broker with Best Software Trade @ Flat Rs 20

Open Instant Account
market update arrow Delhi riots: Student activists released from Tihar jail on bail arrow Venus Remedies wins legal battle against French firm for paracetamol patent arrow Third Covid wave unlikely to affect children much: WHO-AIIMS survey arrow Covid LIVE: Karnataka sees below 6,000 cases in a day; 9,118 in Tamil Nadu arrow IND vs NZ playing 11: BCCI announces India playing 11 for WTC final arrow No plans to reduce SAIL headcount: Pradhan to WB Finance Minister arrow Jet Airways shareholders reject FY19 and FY20 accounts ahead of NCLT ruling arrow Novavax's Covid vaccine 'Covavax' to launch in India by September: Sources arrow AIIMS-Delhi to resume routine inpatient admissions, elective surgeries arrow Domestic air traffic plunges 63% MoM in May due to second wave: DGCA arrow Gautam Adani loses $9 bn in three days in worst wealth rout arrow RBI 'cautiously optimistic' about economic recovery after Covid second wave arrow JPMorgan, Goldman, two other banks hired by Paytm for proposed $3 bn IPO arrow Govt should provide Rs 3-trn stimulus to perk up domestic demand: CII arrow Hawkish US Fed tone hits D-Street; Sensex slips 179 pts; IT stocks shine arrow Not okay with profit-making firms lecturing us on democracy: IT minister arrow US Fed prepping the markets for taper; a correction will be good: Analysts arrow US Fed prepping the markets for taper; a correction will be good: Analysts arrow India rupee at six-week low; bond yields rise after hawkish Fed signal arrow DATA STORY: India adds fewer than 100,000 cases for 10th day straight arrow Antilia bomb scare probe: Ex-Mumbai Police 'encounter specialist' arrested arrow World Coronavirus Dispatch: Beijing pips global hubs with 80% jab rate arrow PNB Housing hits 5% upper circuit after 25% fall from 52-week high arrow Govt extends validity of motor vehicle documents till Sept 30 due to Covid arrow Flipkart, Amazon challenge Karnataka HC's order to restart antitrust probe

Trading and Investment Terminology

Heikin Ashi Technique

Heiken Ashi comes from the Japanese term 'Heikin Ashi', meaning average bar. 

The Heiken Ashi indicator modifies how price values are displayed on a chart.

A Japanese candlestick represents four pieces of price data in visual form, including:

  • Open
  • Close
  • High
  • Low

 

In Japanese, Heikin means “average” and Ashi means “pace” (EUDict.com). Taken together, Heikin-Ashi represents the average pace of prices. 

 

Heikin-Ashi Candlesticks are not used like normal candlesticks. Dozens of bullish or bearish reversal patterns consisting of 1-3 candlesticks are not to be found. 

 

Instead, these candlesticks can be used to identify trending periods, potential reversal points, and classic technical analysis patterns.

 

Calculation

HAO = (Open of previous bar + Close of previous bar) / 2

HAC = (Open + High + Low + Close) / 4

HAH = Highest of High, Open, or Close

HAL = Lowest of Low, Open, or Close

 

Heikin Ashi charts smooth price activity by calculating average values. An HA chart calculates its own open (HAO), high (HAH), low (HAL), and close (HAC) using the actual open (O), high (H), low (L), and close (C) of the time frame (1 minute, 5 minute, 15 minute, etc.).

 

Latest News हिंदी समाचार
ad