Support Board
Date/Time: Thu, 27 Feb 2025 12:56:35 +0000
Post From: When does Heikin-Ashi reset?
| [2021-07-01 09:52:27] |
| vice&virtu - Posts: 43 |
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Hello GGekko, The real formula for a new open in Heikin-Ashi candlestick is O =(open-1 + close-1)/2 if you want to respect the core meaning of his creator to wit identify the underlying trend more clearly and visually by averaging the previous prices and reporting them on the current candlestick then you can fellow the ten rules that follow from it. if you use open =open t you are distorting the signal simply because as all the O,H,L,C depends on each other for instance i trade FCE (futures contract on CAC40) open from 8AM to 22PM. you could imagine it would be not difficult to apply the real rule but as SC use this openHA=open for all futures contracts due to extensive trading hours nowadays on many contracts all my charts are always innacurate . Thus i use only cash index heikin ashi chart on high time frame units to get the real signal. |