How to read LTP on Heiken Ashi charts in Punch

Punch shows both the real market price and the smoothed Heiken Ashi close on the price axis so you always know the actual traded price.

Written By Archit Sunat

Last updated 27 days ago

Why there are two price markers

Heiken Ashi candles use averaged values to smooth out noise, which means the candle close is never the actual traded price. To keep you grounded in reality, Punch shows two separate markers on the price axis for the most recent candle — one for the real last traded price (LTP) and one for the Heiken Ashi calculated close.

The same approach applies to Renko charts, where brick boundaries also differ from the live market price.

How to see both markers

  1. Open any chart in Punch.

  2. Switch the chart type to Heiken Ashi.

  3. Look at the price axis on the right side — two markers appear at the latest candle automatically.

One marker shows the LTP (the price you would actually get if you placed an order right now). The other shows the Heiken Ashi candle close, which is a smoothed average.

Which marker to use for trading decisions

LTP

Actual last traded price on the exchange

Order placement, entry/exit decisions

HA Close

Average of Open + High + Low + Close divided by 4

Visual trend reading only

When the two markers are far apart, the Heiken Ashi candles are showing a heavily smoothed version of what is actually happening. Always reference the LTP marker for execution decisions.

Good to know

  • The LTP marker updates in real time during market hours.

  • Only the most recent candle shows both markers. Historical candles display only their Heiken Ashi close.

  • This works for all instruments — equities and derivatives alike.