Daytraders After Market Lounge 13th dec, page-139

  1. 2,443 Posts.
    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.
    t3d 45.JPG t3d weekly.JPG
    syt45.JPG
 
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