The Heikin-Ashi technique smooths OHLC data by averaging current and previous candles, making trends and reversals easier to identify. Solid-colored bodies indicate sustained momentum, while small bodies with wicks suggest indecision, giving traders a cleaner view of market direction than traditional candlesticks.
This sample displays CSCO daily data as Heikin-Ashi candles on the main plot and adds a Stochastic oscillator on a second plot at 30% height for momentum confirmation. The scroller uses an area series driven by a separate volume mapping. The chart includes a range picker and a range selector, with the default view spanning December 2006 to June 2007.
See the Technical Indicators documentation for all configuration options.