A charting method called Heikin Ashi which is also occasionally spelt Heiken-Ashi can be used to forecast future price fluctuations. It resembles standard candlestick charts. The Heikin Ashi chart, in contrast to a standard candlestick chart, aims to reduce market fluctuations by taming sharp price fluctuations, making it easier to spot market trends.

When trading securities, the Heikin-Ashi method and candlestick charts may be used to identify market patterns and forecast future prices. It's helpful for improving candlestick chart readability and trend analysis.

Heikin-Ashi charts, for instance, can help traders decide whether to exit deals when a trend pauses or reverses and when to stay in them while it continues. Many earnings are made while markets are trending, making accurate trend prediction important.

The Heikin-Ashi chart is made similarly to a standard candlestick chart, with the exception that a separate formula is used to calculate each bar. Depending on the type of chart needed, such as daily, hourly, or five-minute intervals, the user defines the time series.

Candles that are full signify the sad days, whereas candles that are empty represent the high days. The charting software may also colour these in, making up days white or green and down days red or black.

Source: https://www.profitspi.com/stock/view.aspx?v=stock-chart&uv=139489

Heikin Ashi is a great tool for identifying trends, but to fully realise its potential, Heikin Ashi must be combined with other factors. These components include the behaviour of each candle within the larger context as well as the price movement (Heikin Ashi Patterns).