And here is my first published stock option setup and we have Ford Motor Company. Now as you all can see, I am using heiken ashi candles instead of the regular candles.
In my Wyckoff and Supply/Demand studies, I tested out the heiken ashi and my results were amazing. They eliminated a lot of the noise and I was able to see where price is heading much better. I also added the RSI 14 to give me an extra confluence.
Now I must say that I have to be careful since heiken ashi candles usually open at the midpoint of the previous candle. It may be wise to open a split screen with the regular candles just to have a look at where price really is.
In my Wyckoff and Supply/Demand studies, I tested out the heiken ashi and my results were amazing. They eliminated a lot of the noise and I was able to see where price is heading much better. I also added the RSI 14 to give me an extra confluence.
Now I must say that I have to be careful since heiken ashi candles usually open at the midpoint of the previous candle. It may be wise to open a split screen with the regular candles just to have a look at where price really is.