I like regular Japanese candlesticks. They are good for spotting support/resistance, readable in chart patterns and of course you can draw good trend lines with them.
IMO Heikin ones are only good in telling the trend.
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Submitted by Forex trader on July 16, 2007 - 11:54.
Heikin-ashi candlesticks show trends beautifully. Also they are helpful for trailing stop traders: moving a trailing stop close to the last price bar becomes easier with heikin-ashi candles.
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Submitted by Beyond on September 19, 2007 - 13:23.
Genious made heikin-ashi candles!
I always use them and recommend to everyone at least to test it, you will like those smooth trends they are able to show. I trade 30 minute charts and those candles help me more than anything else!
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Submitted by User on May 2, 2008 - 21:05.
heiken-ashi smoothed is a beautiful thing. people need to look at it more closely.
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Submitted by User on July 13, 2008 - 13:17.
I think for trade entries heikin-ashi can be a bit confusing, so I use regular candlesticks for entry and then switch to heikin-ashi for traling stops. If a wick forms on a candle in the opposite direction of the trend - I'm out!
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Submitted by manus168 on October 10, 2008 - 08:51.
It depends our trading system if we used like Isakas Kuskus By Zeman Oesentog it will be a our primary tools.
But ussually i just used only for confirmation tools in my trade.
Regards
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I like regular Japanese candlesticks. They are good for spotting support/resistance, readable in chart patterns and of course you can draw good trend lines with them.
IMO Heikin ones are only good in telling the trend.
Heikin-ashi candlesticks show trends beautifully. Also they are helpful for trailing stop traders: moving a trailing stop close to the last price bar becomes easier with heikin-ashi candles.
heiken-ashi smoothed is a beautiful thing. people need to look at it more closely.
I think for trade entries heikin-ashi can be a bit confusing, so I use regular candlesticks for entry and then switch to heikin-ashi for traling stops. If a wick forms on a candle in the opposite direction of the trend - I'm out!
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