Babypips Heiken Ashi cheat sheet

Here are formulas for the Heiken-Ashi OPEN and CLOSE that are more explicit than the formulas you will see elsewhere –

Heiken-Ashi OPEN = ½ x [previous HA open + previous HA close]

Heiken-Ashi CLOSE = ¼ x [actual open + actual high + actual low + actual close]

If you want more on Heiken-Ashi, take a look at this thread –

Heiken-Ashi — candles, charts, prices, and trading

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