Arithmetic Candlesticks (Expo)
Arithmetic Candlesticks is one of the most popular indicator on TradingView. Arithmetic Candles are simple to use and apply. Try it out!
Arithmetic Candlesticks (Expo) uses complex and logical arithmetic mathematics to create a new way of reading charts. That is why we call it “Arithmetic” These candlesticks use real price data as the underlying source and aim to output the most relevant and most accurate price data to make informed decisions. The advanced and highly innovative arithmetic calculations filter out the noise and smooth the price without significant lag. This makes the chart reading way much easier.
The Arithmetic Candle coloring is derived from the calculations, hence leaving us with accurate and smooth candle transitions without any noise.
These candles can be used with other indicators such as support/resistance, trendlines, wick trading, and other patterns.
What is the difference between Arithmetic and Heikin Ashi Candles?
The old way of smoothing out the price is now outdated. The Heikin-Ashi Close is simply an average of the open, high, low, and close for the current period, which gives us a smoothed price. This way of smoothing price is not enough in today’s fast-moving markets.
Let us introduce a better way of reading charts that make use of today’s rapid moves and is adapted to fit the current modern financial markets.
Say goodbye to Heikin Ashi and Hi to Arithmetic Candles!
Our new Arithmetic Candles uses smart mathematics to create accurate chart reading. Let’s give it a try! We recommend everyone that currently using Heikin-Ashi to Stop doing that and instead Start using Arithmetic Candlesticks!
Trend Trading using the Arithmetic Candlesticks
One of the advantages of Arithmetic Candlesticks is its way to capture precise trend entries and helping traders to stay longer in trends. Read more here: https://zeiiermantrading.com/arithmetic-candlesticks-capturing-trends-with-precise-chart-reading/