【Advice from a Idle Full-time Trader】Heikin Ashi
N-Method uses Heikin-Ashi, but it makes it easy to grasp the direction.
The following is a one-hour candlestick chart.
Next is Heikin-Ashi.
This is a decline, but it tends to occur in sequences like this.
Since it comes pre-installed in MT4, you can consider it a fairly popular indicator.
It is particularly strong when a trend starts. In ranging markets, larger time-frame Heikin-Ashi tends to be more prone to false signals.
By the way, the Heikin-Ashi of a certain time frame and the candlestick of double that time frame have similar colors.
Don’t rely on it too much; determine in which situations it works and where it can be deceptive.
Let’s discern that.
[If you work seriously, you will be rewarded] Here is N-Method↓↓
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