Disclaimer: This article is for educational purposes only. Trading Forex and CFDs involves a high risk of loss. Always backtest strategies and manage your risk appropriately.
Note: This is the most profitable use case for the smoothed oscillator, as the RSI lows/highs are easier to spot without jagged noise. heikin ashi rsi oscillator mt4
Unlike standard candlesticks, Heikin Ashi (Japanese for "Average Bar") modifies the open, high, low, and close using a modified average formula. Disclaimer: This article is for educational purposes only