Request from Matrix
Matrix is posting occasionally at Trader Dan’s Beehive. ( When he is not Travelling the World)
He says a professional trader friend has taken to Heiken Ashi Style Charts and believes they could be a holy grail .
While acknowledging there is no such thing , he feels there is good potential for this to be an even simpler method of trading than his 4 horsemen.
He asked the “Chart Geeks” (Us) to experiment with this .
Set your Stockcharts to Heiken Ashi . chose “Solid Candles” and have at it
Buy when the candle is green
Sell when the candle is red !
Here is my first …Weekly Gold !
Niceee…… Thanks Fully. Works great on intra day charts. I would put it on par with PSAR… both together is even better.
the price lags the real price when using heikin ashi
Wonder how it works
one thing it seems to smooth out noise vs the candlesticks
once a trend gets going the candles really flow
Works better in weekly or short term? What do you think?
Its going to take some time to assess