Evening all,
@matluc
@Cabbie I think i am using heikin ashi (HA) on my own way not the way I first study it with apple stock as an example..
For me the first step I took is by understanding the basic mathematical calculation behind the bars formation, then the indicators, then the pattern. With our fast moving spec stock I was not able to catch up with IRESS and all other indicators but HA gave the opportunity to see things in a slow motion. I wish I could explain a lot more but I will try to put together something in the holiday season.I should also mention that I add HC retailers sentiment as variable, just in my mind
Heikin-Ashi Candle Calculations
HA_Close = (Open + High + Low + Close) / 4
HA_Open = (previous HA_Open + previous HA_Close) / 2
HA_Low = minimum of Low, HA_Open, and HA_Close
HA_High = maximum of High, HA_Open, and HA_Close
Think from programmer point of view or business analyst
https://quantiacs.com/Blog/Intro-to-Algorithmic-Trading-with-Heikin-Ashi.aspx
Here's 3 charts as example the way I see it, T3D weekly, 45 minutes & SYT. I don't think NOR is necessary.
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