How to use HEIKINASHI CANDLESTICK Charts ?
Trading Strategy and Its Rules

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What is Heikin Ashi?
1. Heikin-Ashi, also called Heiken-Ashi, is translated as an "average bar" in Japanese.
2. The Heikin Ashi strategy is a useful tool used in identifying market trends and
predicting the future prices of assets.
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3. The Heikin Ashi can be used alone or in conjunction with candlestick charts.
4. These charts can be very useful as they make it easier to read candlestick charts
and analyze market trends , without noise
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Heikin Ashi vs Candlestick
1. The Heikin Ashi has a few differences with the traditional candlestick chart.
The candles on traditional candlesticks usually change from green to red (up or
down), making it difficult for some traders to interpret.

Candlestick vs Heikin Ashi chart
2.However, the candles on a Heikin Ashi chart display more consecutive colored
candles, making it easy for traders to identify past price movements and current
trends.
3. With Heikin Ashi, charts usually stay green in an uptrend and red in a downtrend.

Calcluation Shared
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How to Use Heikin Ashi to Identify Trends and Trend Strength
1. Because Heikin Ashi candlesticks are calculated using averages, the candlesticks
have smaller shadows or wicks compared to the regular candlesticks.
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2.However, similar to the regular candlesticks, the smaller or shorter the shadow or wick in
Heikin Ashi, the stronger the trend.

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3. Heiken Ashi is designed to show you the direction of a trend with the help of its
color-coded candles. A green candle indicates that the trend is up, while a red
candle is a sign that the trend is down.
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4. Green candles without upper shadows show a strong uptrend, while red candles without lower shadows indicate a strong downtrend.
5. How to Apply it in Tradingview
#StockMarket #investing
@MarketScientist
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๐Ÿฑ ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด๐˜ƒ๐—ถ๐—ฒ๐˜„ ๐—œ๐—ป๐—ฑ๐—ถ๐—ฐ๐—ฎ๐˜๐—ผ๐—ฟ๐˜€ ๐—ฎ๐—น๐—น ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ฒ๐—ฟ๐˜€ ๐˜€๐—ต๐—ผ๐˜‚๐—น๐—ฑ ๐—ธ๐—ป๐—ผ๐˜„ ๐—ฎ๐—ฏ๐—ผ๐˜‚๐˜:
๐—ฃ๐—ฎ๐—ฟ๐˜ ๐Ÿฎ

๐Ÿงต Thread ๐Ÿงต
Retweet And I will Link a 36 Page PDF

๐Ÿญ. ๐—”๐—ฑ๐—ฑ ๐—™๐˜‚๐—ป๐—ฑ๐—ฎ๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น๐˜€ ๐—ผ๐—ป ๐—ฐ๐—ต๐—ฎ๐—ฟ๐˜
๐Ÿ”ธ Link:
https://t.co/HcIXT7V002
๐Ÿ”ธ Click on the above link -> Add to Favourites -> Add on Chart from favourites and start using it !
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You can add financials from many fundamental criteria's like
๐Ÿ”ธ Cashflows
๐Ÿ”ธ Income Statements
๐Ÿ”ธ Balance sheets
๐Ÿ”ธ PE,PB ratios
๐Ÿ”ธ Marketcapitlization
๐Ÿ”ธ Statistics
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How to change Settings:
๐Ÿ”ธ There are 8 columns you can basically select any financial you want
๐Ÿ”ธ You can select quarterly or Yearly values and can also write
๐Ÿ”ธ The names of the financiaLS Example : EPS Qtr3
๐Ÿ”ธ You can Change colours , font sizeย 
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๐Ÿฎ. ๐—œ๐—ป๐—ฑ๐—ถ๐—ฐ๐—ฎ๐˜๐—ผ๐—ฟ ๐—ฅ๐—ฎ๐˜๐—ถ๐—ป๐—ด๐˜€
You cannot track each and every indicator like ( ๐— ๐—ผ๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐˜ƒ๐—ด๐˜€ , ๐—ฅ๐—ฆ๐—œ , ๐— ๐—”๐—–๐—— ) etc , you can use plot this custom strategy to understand whether the trend is positive or negative of those indicators
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