What is Heikin Ashi?

Heikin Ashi helps determine the direction of the price of an asset and find the reversal points of a trend.

It comprises averaged Japanese candlesticks, so it is often mistakenly referred to as a chart.

In actual fact, Heikin Ashi is an indicator. It transforms Japanese candlesticks, smooths out price fluctuations, and simplifies trend analysis.

This indicator helps you trade both on the direction of a price and the points of reversal of trends.