Does anyone here routinely trade from Heikin Ashi charts without indicators, or without more than an indicator for direction but without using indicators for trade entries or exits?
I’m increasingly using HA charts and interested in price action, but have never found indicators helpful for entering trades, and would be happy to talk to anyone with a similar outlook!
I was under the impression that Heiken Ashi candles were an indicator themselves because they recalculate candle output based on the average price of the previous candle and not where price actually opened for the period.
well HA is almost an indicator its self so i do not use any indicators with that but i also do not solely use that, i use candlestick chart as well
In my experience, professional traders are divided about 50/50 on whether they classify HA as an “indicator”. I look at it as a cross between an indicator and a display method. It’s only a semantic point.
A recent thread might interest you -