The Best CandleStick Charts for DayTrading? [HEIKIN ASHI]

Comments (28) on “The Best CandleStick Charts for DayTrading? [HEIKIN ASHI]”

1. I’ve felt that higher time frames >1Hr is better for Heikin Ashi

   1. Correct higher time frames will be more consistent

   2. The more data, the better the accuracy 👌

2. Keep up the good work, your channel is growing. 🙂

3. Bro! This is game changing. Can’t wait to use this for trading this week. Thanks for the priceless info 🤘🏻😎🤘🏻

   1. just be careful, the close heikin ashi shows is not always the same as the real close.

   2. @ess mac And basic trading tips like the morning star or hammer reversal patterns are deceitful.

4. Thank you Patrick. Always implementing new stuff. Will try it. Good luck in the week.

5. Question for you. U find candles better than the MA or EMA? I mean its the same thing

6. I literally discovered this a couple weeks ago. It’s something to use in adition to regular candles. Just as confirmation.

   1. I like that you said this

7. you should use 20 range ticks for macro view, 10 for micro view and 5 for entries

   1. No, he shouldn’t. You’re telling him what works for you. Everyone has their own trading strategy. I’m pretty sure what he is doing is working for him.

   2. @cjack202003 you are right 💯

8. that’s where I’m at now, trying to hold winners longer. I use heikin ashi to confirm trend strength and continuation, and also to spot weakness.

9. I am no expert, but as for following a trend and not exit too early I use 3 things. Donchian (cross of middle line, out), alligator (cross red line, out) and parabolic SAR (getting close to dots, out). If the trend only lasts for 3-4 periods it won’t work and I will have to use feeling to exit.

10. The question is: can you wait until the candle closes to make a decision?

11. Another thing about those candles is that the body shows the majority of the treating action the Wicks are the outlying trades. Macd indicator combined with these candles I feel are the best indicators

12. Be wary of these candles because they are a lagging indicator. I could see them maybe being useful for longer time frames but for 1 minute or 5 minute charts, they are pretty useless. Tested on a fast moving stock using ToS’s “On Demand” feature and could see huge price swings happening 15-20 seconds before they show up on the Heikin Ashi candle.

13. This is one of the best tips ever! I used it today on KODK and definitely stayed in when i may have otherwise stopped out. So thank you a ton for this tip!

14. I will definatley take a look at that, thanks. I always seem to miss out on good trends. I always sell too soon. Doesn’t that sound familiar?

15. Thanks for this vid. Testing it out on my charts now.

16. the benefit to this I see is that it can reduce stress for me, that is if I use it correctly, I would not be getting in and out as much as I do now, I have a low tolerance for losses so I have my stops set too close most of the time or it might keep me from hitting the panic market sell button when I don’t use stops. I will give it a try on stronger trending days

17. Very, very helpful Video! This made me a much better day-trader. Thank u so much!

    1. With Bollinger bands & RSI divergence indicator it is amazing. Especially on gold at the 5min 🔥

18. I use heikin ashi on trading view and normal candles in the market chart, also renko for analysis.

19. I just started to use HA also on 1min time frame to have more convicting entries , best if I get same color switching also on 3min or 5 min. If 10 min aligned then I catch usually very nice intraday swing/trend. Then looking for color switching or “the range bar” which has wicks on both side to time exit.

20. i love the flat bottoms and flat tops especially. very powerful.

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