The Heiken Ashi indicator was developed by Munehisa Homma this is a trend following indicator which indicates trend reversals by overlaying a bar on the candlesticks. the candle will changes only when the direction of the short-term trend changes.
The Heiken Ashi will overlays green bars to indicate a bullish trend and red bars to indicate a bearish trend.
Time frame: H1 or higher
Currency pairs: Any

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