Originally Posted by FX_Sniper

Hi,

I think the whole Heiken Ashi concept has been lost in this. Take any chart and pop two EMA's on it for example a EMA(20) based on the HIGH and an EMA(20) based on the LOW prices... now add this Heiken_Ma thing to the chart and set its Period simmilar to the EMA's used above in this case also 20...

What you get is basically a EMA channel, this is totally unrelated to the real Heiken etc.

I am using EMA channels as part of my exit system, having the Heiken_MA thing on a chart makes it just more visually appealing Like a prev. poster noticed, for entries, this is no good probably due to the fact that the relation to the TRUE Heiken Ashi concept has been lost.

Just my 1 Pip's worth to keep things in perspective.

Happy Hunting !

FX Sniper