Heiken Ashi Chart

Since I've managed to get Metatrader running on Linux I've been experimenting a bit with chart displays.

One method of charting which I read about a little while back though haven't until now really had the opportunity to look at it in any great depth is Heiken Ashi, it makes trend spotting a bit easier as you can see in the 2 charts below, they're both EUR/USD hourly charts though visually it is a little bit easier to see the trend changing with the heiken ashi one. I don't use it all the time, though I've been finding it easier to skim through the different currency pairs with the heiken ashi chart and when I spot a trend that looks good I can then go into more analysis of it. To make it easy I've setup a couple of templates in metatrader which allows me to switch between heiken ashi and standard candlestick charts quickly.

Heiken Ashi Chart showing EUR/USD

Candlestick chart showing EUR/USD

I will do a bit more of an analysis of heiken ashi in the future. 

Related

1. Gold Massive Monthly Doji
2. Finished reading the candlestick book
3. Learning About Candlestick Charting Patterns
4. Candlestick Charts, Should they have gaps in data?
5. Could it be possible?

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