Hey all,
I've noticed that almost all Heiken Ashi bars appear to "repaint"... Shouldn't the Heiken Ashi indicator use the past bar's OHLC data?
It looks like it does not. I'm wondering if the official system is said to really need to use the current bar, then why would they do this? Because that will repaint.
What is the official stance here? Shouldn't it use the past OHLC bar, one back? On the internet I see mixed information and most of the programmed indicators appear to use current OHLC, so wanted to check on here to see what others do.
I've noticed that almost all Heiken Ashi bars appear to "repaint"... Shouldn't the Heiken Ashi indicator use the past bar's OHLC data?
It looks like it does not. I'm wondering if the official system is said to really need to use the current bar, then why would they do this? Because that will repaint.
What is the official stance here? Shouldn't it use the past OHLC bar, one back? On the internet I see mixed information and most of the programmed indicators appear to use current OHLC, so wanted to check on here to see what others do.