Engineering Alpha

Engineering Alpha

The Heiken-Ashi Indicator — Simplifying Trend-Following.

Creating the Famous Heiken-Ashi Indicator in Python.

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Jan 14, 2022
∙ Paid

Candlestick charts are the most common form of graphical analysis. They are an easy way to understand market psychology while having all the quantitative information needed for the market price. Another variation of candlesticks called Heikin-Ashi, seems to smooth the image so that the trending nature becomes clearer, however, Heikin-Ashi charts do not …

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