Home MarketXLS
Dashboard MarketXLS
Screener MarketXLS
Options Profit Calculator MarketXLS
Stock Ranks MarketXLS
Spreadsheet Builder MarketXLS
Documentation MarketXLS
Logout MarketXLS

Harnessing the Power of Heikin Ashi Trading An Essential Trading Strategy

Written by MarketXLS Team on 
Mon Jan 16 2023
 about MarketXLS
Harnessing the Power of Heikin Ashi Trading  An Essential Trading Strategy - MarketXLS
Boost your market advantage with MarketXLS. Real-time, enterprise-grade data. Book a demo or subscribe now!
Harnessing the Power of Heikin Ashi Trading  An Essential Trading Strategy - MarketXLS

Harnessing the Power of Heikin Ashi Trading – An Essential Trading Strategy

Heikin Ashi is a powerful trading strategy based on technical analysis and is widely used by traders all over the world. This trading strategy focuses on utilizing candlestick patterns to determine buy and sell signals as well as to identify support and resistance levels on a chart. It is also used to identify trend direction, which helps in forming trading strategies. With Heikin Ashi trading, traders are able to develop a comprehensive trading strategy that is suited to their specific market and trading style.

What Is Heikin Ashi Strategy?

The Heikin Ashi strategy was developed by professional Japanese traders. This strategy is named after the Japanese word “Heiki”, which means Average. Heikin Ashi charting technique is different from the conventional candlestick plotting in a few specific aspects, which makes it superior to the regular candlestick charting. It is believed that this alternate plotting technique makes it easier to see trends in the market and make better-informed trading decisions.

How To Use Heikin Ashi Forex Strategies?

Heikin Ashi strategies involve analyzing Heikin Ashi candlesticks, which are used to identify support and resistance levels and trend directions. The technique uses open, high, low and closing prices from the time period to generate the candles. Heikin Ashi charts also provide traders with additional information about trend strength and reversals, making it an important trading tool.

Overview Of Heikin Ashi Technical Analysis

Heikin Ashi trend trading is a popular strategy among both beginners and expert traders. By using the Heikin Ashi charting technique, traders are able to determine various aspects of the price action including trend direction, trend reversals and support/resistance levels. This technique is also used to identify various candlestick patterns that can be used to predict future price movements.

Heikin Ashi Price action & Candlestick Patterns

Heikin Ashi price action is the use of the Heikin Ashi charting technique to determine the direction of the trend. By analyzing the candlestick patterns, traders can determine the short and long-term trends in the market and form their trading strategies accordingly. In addition, traders can use Heikin Ashi to identify support and resistance levels, which can be used to limit risk and maximize potential profits.

Heikin Ashi Support and Resistance

Heikin Ashi support and resistance levels are used by traders to identify possible levels at which the price might reverse or pause during a trend. By understanding the levels of support and resistance on a chart, traders can then form their strategies accordingly. For example, if a trader believes that the price will reach a level of support, they might enter a trade on the assumption that it will eventually break through the support and move higher.

Heikin Ashi Moving Averages

Heikin Ashi moving averages are used to determine trend direction and identify potential reversal points. Moving averages help traders to identify areas of support and resistance and they can be used to generate trading signals. The Heikin Ashi moving averages use a slightly different calculation methodology compared to the exclusive moving averages and provide traders with a more accurate view of price action.

Heikin Ashi Strategical Investing

Heikin Ashi strategical investing is a popular trading strategy that involves combining fundamental, technical and sentiment analysis tools in order to form a comprehensive trading strategy. By incorporating different analysis tools, traders can better identify potential trading opportunities and develop an effective strategy for entering and exiting the market.


MarketXLS is a platform that provides investors and traders with financial research and analysis. The platform offers access to real-time stock, forex and crypto data, charting tools, Excel automation, custom formulas and signals. This platform can be used to find Heikin Ashi analysis that can help traders make informed trading decisions. MarketXLS is a great choice for those looking to take their trading strategies to the next level.

Here are some templates that you can use to create your own models

Search for all Templates here: https://marketxls.com/templates/

Interested in building, analyzing and managing Portfolios in Excel?
Download our Free Portfolio Template
I agree to the MarketXLS Terms and Conditions
Call: 1-877-778-8358
Ankur Mohan MarketXLS
Welcome! I'm Ankur, the founder and CEO of MarketXLS. With more than ten years of experience, I have assisted over 2,500 customers in developing personalized investment research strategies and monitoring systems using Excel.

I invite you to book a demo with me or my team to save time, enhance your investment research, and streamline your workflows.
Implement “your own” investment strategies in Excel with thousands of MarketXLS functions and templates.

MarketXLS is a complete Excel stock solution

Kevin Hsu


I have used lots of stock and option information services. This is the only one which gives me what I need inside Excel

Lloyd Lenase

Option Day Trader

MarketXLS is a data junkie’s dream. It gives me the flexibility to mine for hidden treasures.


Swing trader since 2011

I like to access historical closing prices on a particular date. That makes tracking performance easy.

Patrick Cusatis, Ph.D., CFA

Associate Professor of Finance - Penn State University

Get Access to 1 Billion Usable Market data points IN YOUR EXCEL SHEETS WITH EASY TO USE EXCEL FUNCTIONS

Get started today

🎉 Exciting news! 🎉

You are invited to join our Discord Channel.

Interact, learn, and grow with experts in the markets!

Join our Discord