FWDG ...chart....HOT! : WEEKLY: Know how i
Post# of 35244
![http://investorshangout.com/images/MYImages/554870870_fwdg.png](/images/MYImages/554870870_fwdg.png)
WEEKLY:
![http://investorshangout.com/images/MYImages/691648152_fwdg1.png](/images/MYImages/691648152_fwdg1.png)
Know how it works!:
1. The Heikin-Ashi Close is simply an average of the open,
high, low and close for the current period.
HA-Close = (Open(0) + High(0) + Low(0) + Close(0)) / 4
2. The Heikin-Ashi Open is the average of the prior Heikin-Ashi
candlestick open plus the close of the prior Heikin-Ashi candlestick.
HA-Open = (HA-Open(-1) + HA-Close(-1)) / 2
3. The Heikin-Ashi High is the maximum of three data points:
the current period's high, the current Heikin-Ashi
candlestick open or the current Heikin-Ashi candlestick close.
HA-High = Maximum of the High(0), HA-Open(0) or HA-Close(0)
4. The Heikin-Ashi low is the minimum of three data points:
the current period's low, the current Heikin-Ashi
candlestick open or the current Heikin-Ashi candlestick close.
HA-Low = Minimum of the Low(0), HA-Open(0) or HA-Close(0)
ref: http://stockcharts.com/school/doku.php?id=cha...eikin_ashi
...............$$
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