: Bullish trends are signaled by consecutive green (or hollow) candles; bearish trends by red (or filled) candles.
The replaces the standard price input of the RSI with Heikin Ashi price data. Instead of calculating momentum based on raw price closes, it calculates momentum based on the averaged closes of Heikin Ashi candles. heikin ashi rsi oscillator mt4
For best results, apply the Heikin Ashi RSI oscillator to a , but keep a separate Heikin Ashi chart window open for trend confirmation. : Bullish trends are signaled by consecutive green