Improve Your Trading Using Modified Candlesticks（提高你的交易使用修改后的烛台）.pdf

STRATEGIES Improve Your Trading Using Modified Candlesticks Markets exist in three states: uptrends, downtrends, and consolidations. Although the last one is a series of these three states, though of a lesser amplitude, a trader is mainly interested in trends. The charting technique described previously in “Heikin-ashi – New Ways of Charting” (Traders’ Magazine May-June 2004) showed that using simple tools, we can determine easily, trend elements, such as direction and strength. This article will focus on how to use better Heikin-ashi / modified candlesticks for trading. Refreshing the Memory indicators. Did anybody try to do the same thing for traditional For those still unfamiliar with this charting and trading technique, here candlesticks? Most of the answers will be negative, although there is a crash course that will be useful to understand and apply quickly are some attempts in this direction, which are complex and require for your trading. time and energy. Last but not least is the lack of a number of periods Heikin-ashi, or modified candlesticks, is a visual trend charting to compute the basic Heikin-ashi indicator. Almost all indicators known technique based on alteration of regular Open, High, Low, and Close today take into account a number of time bars which vary, must be (OHLC) values for the timeframe used. fine-tuned, and in many cases, fitted to serve the purpose (which is As a result, it becomes also a smoothing method to reduce the price incorrect). Once the period is not there, the indicators keep their purity, noise due to gaps and small variations during shorter periods of tim