Heikin Ashi candle value-

Hekin-Ashi candle are slow to react compared to candle stick chart.

As human actions in trading keep imprints. It can be categorized in
two types.
1. Intentional – Thinking and doing is intentional action
2. 2 Unintentional- not thinking and doing.
A powerful conscious mind does thoughtful, intentional and
deliberate action. How alert your market mind is -return comes
accordingly.

Heikin Ashi eliminates the irregularities of gaps in charts compared to

normal candle stick charts and offers a better picture of trend s and
consolidations.
Other types of charts are –
1. Renko charts
2. kagi charts
3. TLB charts
4. point and figure chart
5. candle stick chart.
In Japanese- Heikin means Average, Ashi means Pace.
It is a time lagging charting tool as it considers todays candle and
previous days candle- todays price action and yesterdays price action-
So lagging price pattern.
Only 3 types of candle-
Up candle/green candle - with upper shadows-medium or long candle
as per bullish trend strength.
Down candle/ red candle- with lower shadow- medium or long candle
as per bearish trend strength
Doji like- candle- indecision candle / trend change candle