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SPX 301120 : WHY HELKIN ASHI CANDLESTICKS TRUMPS!

Writer: jeremy chojeremy cho

Users of the Helkin Ashi Candlesticks would have stayed long from the initial buy signal on 031120. There was no Short signal on the Helkin Ashi Candlesticks 25 days on. I personally use the HA candles but for public consumption, all charts here and those published on my youtube channel are using conventional candlesticks.


Attached below are 2 4hr charts of the SPX. The top one uses the Helkin Ashi Candlesticks. The bottom one is standard candlesticks based on the closing price.


Note that the HA candlestick did not isse a SELL signal on 191120. Keeping the trader in the position till he closes out when the supertrend line breaks.


Watch the youtube SPX recap where i explained this towards the end of the video.




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