Heikin-Ashi Candles

Category: trend, market_structure

Calculates and plots Heikin-Ashi candles, a noise-filtering technique that uses averaged price data to better visualize trends and potential reversals.

Formula

haClose = (Open + High + Low + Close) / 4\nhaOpen = (haOpen_{prev} + haClose_{prev}) / 2\nhaHigh = max(High, haOpen, haClose)\nhaLow = min(Low, haOpen, haClose)

See signal primitives and every published strategy that uses Heikin-Ashi Candles on WOBR StrategyVerse.