Heikin Ashi Red-Green Template

Template Description

Heikin Ashi Candles represent the 'Average Bar' and allow a trader to visually see a trend more easily than by using regular candlesticks. The Red or Green color of a Heikin Ashi candle tends to stay Red or Green as a trend develops and doesn't change color on minor retracements.

This template creates a report that show the last 10 colors of the Heikin Ashi candle for each stock. The columns can be sorted by clicking on the column headers so that you can find stocks that are either starting a new trend, continuing a trend or ending a trend.

In addition to sorting via clicking on the individual prior bar headers there are two 'custom' sorts that will bring to the top of the list stocks that have a new color where the previous 9 colors were the opposite color. Use these sorts find stocks that have had strong trends that might be ending.

Template Details

  • CategoryHot Topics
  • Release DateJuly 2018
  • TagsScan

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