Question: How reliable and accurate is the Heiken Ashi candlestick?

Question: How reliable and accurate is the Heiken Ashi candlestick?

Answer

Like any other technical trading technique, Heiken Ashi candlesticks are not reliable 100% of the time. This is why it is often better to supplement it with additional indicators and to trade on signals generated by at least two sources.

The degree of reliability also depends on the use of the graphics technique. For example, the indicator is considered very reliable for setting exits and entries, as well as making informed decisions during a trend.