Heiken Ashi Trading on a 2hour time-frame

This is a discussion on Heiken Ashi Trading on a 2hour time-frame within the General Trading Chat forums, part of the Reception category; I, too< am interested in how others might use HA candles with success. They "slow down" price, get you in ...

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Old Nov 15, 2017, 5:21pm   #9
 
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I, too< am interested in how others might use HA candles with success. They "slow down" price, get you in & out too late imo
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Old Nov 15, 2017, 5:24pm   #10
 
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I, too< am interested in how others might use HA candles with success. They "slow down" price, get you in & out too late imo
They do indeed, so use them on a lower T/F
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Old Nov 15, 2017, 5:40pm   #11
 
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They do indeed, so use them on a lower T/F
Do they work on ticks charts? Don't believe I've ever tried...
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Old Nov 15, 2017, 5:53pm   #12
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Why do technical traders need an indicator that paints bars if price is going up or down? Is it difficult to see price going up or down without them or is it more a case of a red light green light strategy that requires even less thinking?

Not asking this to stir the pot just curious about the attraction.
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Thanks! The following members like this post: piphoe
Old Nov 15, 2017, 5:55pm   #13
 
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Why do technical traders need an indicator that paints bars if price is going up or down? Is it difficult to see price going up or down without them or is it more a case of a red light green light strategy that requires even less thinking?

Not asking this to stir the pot just curious about the attraction.
yes! why do TA traders need yet another way to distort the bars/price even further? what are they trying to "hide" with the HA bar, and why?? excellent observation FXX!

I want MORE PRICE clarity no less
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Old Nov 15, 2017, 5:59pm   #14
 
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Do they work on ticks charts? Don't believe I've ever tried...
Tick charts?

What I meant was if you normally use M15 charts and you wanted to try HA bars you might consider lowering the T/F to M5 (for eg.) because, as you say, they slow things down and smooth things out... just like moving averages
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Old Nov 15, 2017, 6:01pm   #15
 
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yes! why do TA traders need yet another way to distort the bars/price even further? what are they trying to "hide" with the HA bar, and why?? excellent observation FXX!

I want MORE PRICE clarity no less
Why don't you trade off tick chart then? why are you distorting the price by using M15 candles?
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Old Nov 15, 2017, 6:07pm   #16
 
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Why don't you trade off tick chart then? why are you distorting the price by using M15 candles?
You make a good point there. An M15 candle collects price and displays it in a 15 min candle, and that in itself is also arbitrary. huh, you have me thinking
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