Heikin-Ashi technique


A method of candlestick chart modification that eliminates irregularities and helps identify strong trends. No gaps will appear using this approach. Each candlestick is calculated by a formula to create an average for the open and close for the day. Because the formula includes data from the previous day, candle range can also change. The high or low for the candlestick may or may not be the actual maximum or minimum for that day. Interpretation of these charts should be done in combination with traditional candlesticks.

Use this term in a sentence

You may want to try and implore a heikin-ashi technique so that you can figure out new ways to grow your company.

​ Was this Helpful? YES  NO 8 people found this helpful.

The heikin-ashi technique was really cool and I thought it was a great way to identify strong trends in the world.

​ Was this Helpful? YES  NO 6 people found this helpful.

The Heikin-Ashi technique was the best method for making the data the most meaningful as statistical outliers were removed completely.

​ Was this Helpful? YES  NO 10 people found this helpful.

Show more usage examples...

Browse Definitions by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
height heir