Heikin-Ashi is a Japanese trading indicator that means "average pace".[1] Heikin-Ashi charts resemble candlestick charts, but have a smoother appearance as they track a range of price movements, rather than tracking every price movement as with candlesticks. Heikin-Ashi was created in the 1700s by Munehisa Homma,[2] who also created the candlestick chart. These charts are used by traders and investors to help determine and predict price movements.[3]