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Heikin-Ashi on visual jforex
 Post subject: Heikin-Ashi on visual jforex Post rating: 0   New post Posted: Fri 27 Nov, 2015, 04:39 
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Joined: Fri 27 Nov, 2015, 04:26
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Location: Taiwan,
Hi,

I'm trying to find out if on VJF it's possible to base the trade on Heikin Ashi candle instead of the basic candle.

Example: ( when heikin ashi turn gre, buy )

I saw and VJF indicator called Heikin Ashi line, is that suitable ?

If yes how should I implement on VJF ?

Thanks in advance.


 
 Post subject: Re: Heikin-Ashi on visual jforex Post rating: 0   New post Posted: Fri 27 Nov, 2015, 11:30 
Visual JForex expert at Dukascopy
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Joined: Thu 18 Apr, 2013, 09:26
Posts: 1496
Location: Switzerland, Geneva
Hi,

Heikin Ashi lines retraces the OHLC candle's data of a given period. Instead of drawing a candle red or green, it draws 4 lines corresponding to Open High low and close prices. In order to identify whether a candle is green or red you can compare heiken Ashi Open Vs Close lines : If Open>Close --> Red / otherwise it is a Green candle.

Cheers


 

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