Heikin-Ashi Smoothed Forex Indicator

The heikin-ashi smoothed forex indicator is used to indicate trends and is becoming very popular as a technical analysis tool by forex traders.

Heikin-ashi are candlesticks that are created by your trading software program like MT4 Metatrader. They are especially good for trading 30 minute trends or for trailing stops.

Some traders prefer traditional candle sticks for their trading and find the heikin ashi a bit confusing. So you may want to test out both type of indicators with a demo account before actually using them on your funded trades.

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