ARK Ragnarok Lava Golem entrance and route read description

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The best way to understand Heikin Ashi charts is to know that in Japanese heikin is literally translated to the word average . This means that Heikin Ashi charts attempt to show an average price of an asset over time rather than exact measurements like a candlestick chart. • Candlestick charts are one of the most detailed ways to visualize and follow price. They show the open, high, low, and close. • Heikin Ashi charts take that same data, but instead attempt to smooth it out by taking the averages of the current time period and previous time period. So while a candlestick chart shows real-time data for the current time period, a Heikin Ashi chart shows an average of that data. Here's how the chart is calculated: • Open = (Previous bar open + previous bar close) / 2 • Close = (Open + High + Low + Close) / 4 • High = Highest point whether it's the open, high, low or close • Low = Lowest point whether it's the open, high, low or close • One final important note: while Heikin Ashi and other non-standard charts can be useful to analyze markets, they should not be used to backtest strategies or issue trade orders, as their prices are synthetic and do not reflect bid/ask levels at exchanges or brokers. Read more here: https://www.tradingview.com/script/q9... • If you have anything to add to this video or think we missed something, please write it in the comments below. Thanks for following along! • Try TradingView: https://tradingview.com • Get up to $30 in TradingView Coins for you and a friend: https://www.tradingview.com/share-you... • Follow us on Twitter: / tradingview • Follow us on Facebook: / tradingview • #TradingView #TechnicalAnalysis

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