Indicators
Smooth Heikin Ashi
What is it?
Smooth Heikin Ashi is a variation of Heikin Ashi that applies additional smoothing (often via a moving average) to reduce noise even further, making trends clearer in choppy markets.
How is it used?
- Trend clarity: Smoother trends make it easier to stay in trades during pullbacks.
- Reversal signals: Changes in the smoothed candle direction can signal trend shifts.
- Filtering: Reduces false signals in volatile markets like crypto.
How is it calculated?
- First, calculate standard Heikin Ashi candles (as above).
- Then, apply a moving average (e.g., SMA or EMA) to the Heikin Ashi close prices:
Smooth HA Close = SMA(HA Close, m)
Where m is the smoothing period (e.g., 5).
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