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Home>Courses>TA Masterclass>Lesson 3 of 10

Chart types (Heikin Ashi, Renko, tick)

A smoothed candlestick style that averages price to highlight the trend.

TA Masterclass·Lesson 3 of 10

All lessons

By the end of this lesson you'll be able to:

  • 01Explain how Heikin Ashi differs from normal candles
  • 02Read Heikin Ashi trend color
  • 03Know its main limitation
1

Step 1 · Read the guide

Read the guide first

Everything the quiz asks is covered in the linked guide. Read it, then answer the questions below.

What Is Heikin Ashi? How Smoothed Candles Work
Key terms
Heikin AshiCandlestickTrendCandle Body

Step 2 · Take the quiz

Quick check

10 questions

Answer all 10, then check. Wrong answers show a hint and a link back to the guide.

  1. Question 01

    How are Heikin Ashi candles built?

  2. Question 02

    What is the main purpose of Heikin Ashi?

  3. Question 03

    What does a run of strong same-color Heikin Ashi candles suggest?

  4. Question 04

    What does small Heikin Ashi bodies with wicks on both sides suggest?

  5. Question 05

    What is a limitation of Heikin Ashi?

  6. Question 06

    Compared with standard candles, what does Heikin Ashi have?

  7. Question 07

    What is Heikin Ashi most helpful for?

  8. Question 08

    What should a trader who needs the exact closing price use?

  9. Question 09

    What can a Heikin Ashi color change after a long trend hint at?

  10. Question 10

    How should Heikin Ashi be used?

Answered 0 of 10 · pass 70% (7/10) to complete

TA Masterclass3 of 10
  1. Intro to technical analysis
  2. Reading candlestick charts
  3. →Chart types (Heikin Ashi, Renko, tick)
  4. Trends and trendlines
  5. Support and resistance
  6. Chart patterns
  7. Candlestick patterns
  8. Momentum: RSI and MACD
  9. Moving averages and Bollinger Bands
  10. Volume and market structure
  11. ⚑Final Assessment· 20 Q