[Advice from a Bored Full-time Trader] Heikin-Ashi
N-Method uses Heikin-Ashi, but it’s easy to grasp the direction.
The following is a one-hour candlestick chart.
Next is Heikin-Ashi.
This shows a decline, but it tends to continue like this.
It comes standard with MT4, so you can consider it a fairly popular indicator.
It is particularly strong when a trend emerges. In ranges, Heikin-Ashi on larger timeframes tends to produce more false signals.
By the way, the Heikin-Ashi of a certain timeframe and the candlestick of twice that timeframe have similar colors, you know.
Don’t overtrust it; determine in what situations it works and what deceives you.
Let’s discern that.
[If you work seriously, you will surely be rewarded] Here is N-Method↓↓
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