Heikin-Ashi - How To Trade With It?

Hello,
I hope that you feel yourself better this last days.
Please a little question.Why do you use the stoch.settings at 14,7,3?
Is this a ussable setting who works good?I use always 8,3,3 or 14,3,3
Sorry for my bad English.
Thanks

Hello
There is no Heikin-Ashi chart in my trading platform, I use Fx sol
Please, what do i do.
Thanks
Ikpo

thanks Forexoma again , no knowledge is a waste. enjoy the lesson

Forexoma, what is goin on?

we don’t seem to see your signals again

i need to hear your comments on the market for next week. they look good when i combine with my own analysis. Particularly on GPBUSD and EURUSD.

Thanks for your informative articles

Hello Forexoma,
What charting software do you use in the Japanese Candlestick and Heikin Ashi examples above to plot the charts in seperate windows.? At present I am using MetaTrader 4. This plots the candlesticks and Heikin Ashi in the same window on top of each other and it is difficult to see the signals.

What’s the status on future market analysis?. Have not seen any updates on the Forex market in a while.

Hello Brother,

May I know how to construct and how to interprete the Heikin-Ashi chart ? I shall be highly obliged. Thanks.

Akbar.

THANKS . YOU ARE DOING A WONDERFUL JOB OUT THERE . YOUR INFOMATION ARE SOLID AND VERY RESOURCEFUL . MORE GRESE TO YOUR ELBOW

Informative and excellant for beginners like me

Hi Forexoma,

I would like to know if there is a difference between the “Heikin Ashi Smooth,”
and the “Heikin Ashi ” .

Is there different settings on the Heikin Ashi.?

Can you recommend a platform that has the Heikin Ashi ?

Is it recommended to be used on Commodities and Futures?

It appears to be a very simple / easy way to trade without the noise.

I live in Melbourne — Australia

Thanks

Best Regards

Isaac

Hi Forexoma,

I just came across your wonderful site today and I have gone through almost all the topics you have touched on Forex trading.

I must say that you are doing a great job, Kudos to you.

I am interested in Forex and I have learnt a great deal from you site today.

The problem I have is my job will not really allow me to trade while at work, can you recommend a legitimate and reliable Forex Broker to me to help me manage my account.

Your assistance will be greatly appreciated.

Thanks and God bless you.

Tosin

Hello

I like to learn forex trading. I am equity option trader.
Where do I start?

Thanks.

Nasir

Hi,
I tried to sign up for your blog posts by email, but it wouldn’t let me. Check it out so I can get it. I usually trade the grain market but haven’t been using candlesticks. I think I could learn something from you.

Thanks,
Tony

I intrested in learn technical study for chart. i have basic knoledge about it. but i want study in deep. please suggest me.

Thank You

Hi,
Just wanted to say the Heikin-Ashi info was very informative and a good read. Do you know if there are any internet charting sites that have Heikin-Ashi? If not I will probably just get Meta Trader.
Thanks
Shawn from Canada

Hello Forexoma,
Is there a difference between the heikin ashi and the smooothed heikin ashi?

If so, how would you trade the smoothed version?

Send more article to my inbox on other indicator and chart showing and analysing buy or sell signal. lik ur teaching

This could be very helpful to those of us still groping in the forex dackness. I appreciate this alot.
I remain very thankful.

Thanks. I grab one or two things from your analysis of Heiken Ashi indicator.

More grease to your elbow.

Regards.
Esemayon.

Hi Forexoma,

Thanks for the great website, I can only afford to trade intraday at the moment (due to stop loss being smaller). I have lost a lot money trading Futures and Options following so called GURUS.I am not really confident in taking an
overnight position at the moment.
I am very interested in the above system, with the Hieken Ashi candlessticks, with the 5 or 15 minute time frame, but how do calculate a stop loss ?,
as this is my biggest problem, I always get stopped out.

Thanks for the great service

Best Regards

Isaac

What is the advantage of trading forex over e-mini futures? Does the forex trend more consistently/less noise?

Well, Heikin-Ashi is great visual tool

I still using this candle for my trade, and it’s better for GBP/JPY with triple time frame 5M-30M-H4…very good….!

Thanks a million times for ur wonderful teachings of the forex market, you must have been born with a forex chart from Japan, and so became d best teacher of forex since this 21st century, an award for u man? why not….. more power to your elbow. please how do i use the SMA40 that changes color for the next signal, mine does not change color at all. please help

thank u very much

Please Forexoma, where and how do i place my stop loss if trading with heiken ashi?

hi Forexoma i have read your articles and they r helpful but wat i havent understood which trade platform do u use cos i would like to use it too.another thing which technical indicator do u think gives the right signal?

Thanks Forexoma, really nice teaching about heikin ashi.GOD bless you for that nice work.Ameen.

Hi,

Great article, very illuminating.
I wanted to know if using the 30minutes chart with heikinAshi is good or is it a big time frame.
I normally use VT Traders HeikinAshi candles.

Thanks.

I believe there may be an error in #4 of your explanation of a H-A low.
Here what you wrote:

4- Low price: the high price in a Heikin-Ashi candle is chosen from one of the high, open and close price of which has the lowest value.
^
Shouldn’t this say low price?

Great Explaination otherwise.

I have think or swim. It has fast, slow, and full stochastic charts with a K period, D period, and a smoothing. I have used every combination possible on all three using your 14, 7, 3 and cannot get a stochastic with two smooth lines like your sample shows. It also allows you several choices for what to use for high, low, and close. What number is for what period and what type of stochatic are you using?

Thank you.

You mention the signals given by candlestick and Heikin Ashi candlesticks. Would you please describe what constitutes a signal by both charts? Thank you.

Great stuff sounds very interesting.I prefer use Fisher Transform as my indicator,it’s much cleaner and works well with Heikin Ashi charts,also to make up for the lag between candle and HA I will go down a timeframe on the HA say ,15m.Candle Charts and 10m. Heikin Ashi charts.Works perfect.

That’s great. Thanks for sharing!

Hello Forexoma
thank you for the very good explanation. On my metatrader platform I can put Heiken Ashi. Then on the chart the candles come along with white sticks or red sticks within the bodies or sticking out as sometimes quick thick shadows. It seems to me that red is related to bearish or sellling activities. But often the red is to be seen within a bullish candle. How can I interpret this?
Thanky you for your comment.
Gaby

great easy understandable lessons about Forex!
I actually have used in the forex demo accound all the tips and lessons from this lesson and other ones as well and i made , i (repeat in the demo accound, not the real one!!!!!!!!!) 1000 dollars with 10% loss and I can’t wait for the weekend to pass and start again on monday!
Thank you so much!
For the people who are taking Forex seriously and want to learn and make a profit, your tips and lessons are really valuable to us!!!

Hi Forexoma,

This is the best explanation i have seen about Heikin Ashi so far. Keep up the good work.

One important information is that you have to use this strategy only on high volatile pairs like EUR/JPY and GBP/JPY in shorter time frames (<15 Mins) as Heikin Ashi gives a delay of 2-3 candles as explained above. (The above suggestion is based on my personal experience)

Thanks,
Sri Hari

Hi Forexoma,

I learned a lot about FX today. Great Article. Thank you for your contribution.

Hi Forexoma,

Thank you. I am a new to FX but your simple explanation has taught me a lot.
I was wondering, by using this Heikin Ashi along with the Wilder’s Smooth MA you explained earlier, can we determine when to buy and sell? Do we need any more things?

Thanks so much for your help.

Hi Forexoma,

Thanks to all your very good explanations on technical analysis because as of today, since I downloaded you demo plateform on the 15 of november 2010 with a virtual cash of 3000$, I made a profit of 7,755$. OK you’ll tell me that during this period is not too hard since I deal only EU/US and that the pair is in a downtrend but then why is it that as soon as I try to do the same thing with real money, that’s it I am doomed!! It seems that I lost my marbles and do exactly the opposite that I am supposed to do. Do you have the cure for my illness?
Also as I am right now trying to take a short position I get the message ‘Trade context is busy’. Does this just happen on a demo to give the chance to real money to deal or is it also something that happen on this platform. It never happened to me before. Thank you so very much for your expertise and your patience. Michele

Hellow Forexoma,

I trade on Futures and Options on Korean stock market daily.
I can see Heikin Ashi chart, but not Smoothed Heikin -Ashi chart in my trading platform that it may be different MetaTrader platform. I don’t know Meta Trade platform.
If and When I will sign up for your Heikin - Ashi, can I use the services provided by you in our country?

and what is a monthly membership fee of $100 , what kinds of services monthly ? which Can I get yuor services monthly in our country?

I live in South Korea.

Thanks

Best Regards,
D.K.Park

I never heard about this so I login to swab & they don’t have it then I tried mega stock I bought years ago… no luck. If this is so great, who why don’t the big boys have it ? I did find this candle system with my HGS investors but you have to look for the chart set up. I found it, tried it & my first thought was wow! that looks like a week chart. That would work since I switch between week & day a bit just to ckear up the clutter. I’m not a emotional trader, I don’t freak out when things don’t play in my favor. Actually I have only lost one time in all my traidng. I think in a very logical way, always have, always will. Anyhow I find this candle system sweet & will surly give it a world on my next trade. Thanks a bunch.

Are you for real ? you make it sound like magic. I think your full of it, has Elvis left the building ? Candles!!! is it really my birthday ? Personally I do not like candles.. you can obtain the same results as a chartist.. did I say trend lines, channels, triangles, wedges, flags, ect ? OK! you say candles reduce the market noise. No sweat just draw a rectangle box for the channel over candles in a trend, color it white & sure enough you have no market noise & instead have a rectangle giving us the trend. Who needs candles just be creative. A candle is a container that holds information.. thats it. Heck who needs true & false. Yep! they are useless if you ask me.

Dear Sir,

I would like to buy your Heiken Ashi Ea and I do not have a credit card.

Kindly advise me of your bank particulars in order to wire the money as early as possible.

Many thanks

Raju Nair

Dear Sir,

I purchased Smoothened Heiken Ashi tool a few months back. Now I have purchased a new computer and I want to install the tool in the new computer. Please advise me as to how to re-download the tool and install it in my new computer.

Regards,
P. Amba Sankar Dev

Hi, can your code for the Heiken Ashi be installed on Global Zen Trader Platform without modifications ???? So if I gave them your code and asked them to just install it for me would it work ok.. Please advise. Thanks.

Hi Forexoma,

I am interested in to take up Heikin-Ashi training course, but still confuse what is going to cover in the course beside download the template.
Can you highlight what will be teach based on Heikin Ashi?

Thanks inadvance.

Forexoma

I think my question is not clear enough

Is following teaching is based on Heikin Ashi method or other technique:

Learn how to buy and sell on any time frame, either for intraday or swing trading.
Stop losing and start making profit through forex trading.

It is for the Heikin Ashi method course.

Thank you for your lesson (up top)
Are you familiar with HA-Delta?
Do you use it ?
Is it an MT4 indicator that you sell?
Thanks

John Schofield

I’ve been trading some time now with success, and have just started to look at using the HA indicator, and have compared it side by side to normal Japanese candles. I see a great advantage into using it. So I have a couple of questions.

I’d like to purchase your course, but I think it’s for beginners. $99 isn’t a great deal to spend, but it would be a waste of my money to hear information I already know. I don’t see a guarantee of this program anywhere. Like I said, $99.00 isn’t a great deal to spend, but it’s my money. I earned it. So I’m careful as to what I do with it.

Secondly, I don’t see any mention in your article above as to where to enter the trade. Comparing the HA candles to the normal Japanese candles, there could be a pin bar someplace which would be a great entry after it forms, yet when switching to the normal candles, there could be 20+ pips of difference between the candle with the pin bar and the next one after. I always put my stop above the previous candle, which means a 50 pip stop or so.

Now, that might be normal for some, but for me, I average a 15 pip SL. Using 50 means I need to factor in a different money management strategy, if using the HA candle entry. So are you promoting the use of HA candles for entry in your course, or just confirmation and then using the normal Japanese candles for the entry?

Thanks,

Jeff