Candlesticks Patterns at a Glance

Candlesticks are the only real time indicators. It means, they accurately tell you what is going on in the markets. They are not delayed, whereas other indicators like MACD, RSI, Stochastic are lagging indicators. Economic news are leading indicators, but you cannot trade with them every day because you won’t have strong news that moves the market and gives you the chance to trade every day. Continue reading Candlesticks Patterns at a Glance

Trading Heikin-Ashi Candles on MT4 and MT5 vs. Candlesticks

So, you want to try trading Heikin-Ashi on MT4. In the past, you had to download and install some files on MT4 to become able to use Heikin-Ashi because MT4 didn’t support this indicator or special candlestick. But you don’t have to do it now. The latest versions of MT4 and MT5 support Heikin-Ashi. Let’s start from activating it on your MT4 or MT5 platform, and then focus on the chart analysis and trading strategies that you can follow to trade using Heikin-Ashi, and whether it is better and easier than regular candlesticks or not. Continue reading Trading Heikin-Ashi Candles on MT4 and MT5 vs. Candlesticks