Heikin-Ashi charts, developed by Munehisa Homma in the 1700s. Munehisa Honma was a rice merchant from Sakata, Japan who traded in the Dojima Rice market in Osaka during the Tokugawa Shogunate. He is considered to be the father of the candlestick chart.The man who invented the use of candlestick charts for finding and profiting from chart patterns.He was a billionaire trader on those days if we compared his net-worth with todays dollar.