Heikin-Ashi candle, which means "average bar" in Japanese, is a well-known form of synthetic candlesticks in the world of trading. It was developed by Munehisa Homma, a Japanese rice trader, back in the 1700s and has quickly gained tremendous popularity due to its ease and convenience for reading charts and analyzing trends. Therefore, NinjaTrader 8 Heikin-Ashi candle is a "hot" bar that helps NinjaTrader users to spot market trends with ease.

Despite that the NinjaTrader 8 platform already provides a native built-in Heikin-Ashi bar type, ninZa.co decided to develop a more comprehensive & enhanced version of this famous candle for the community: Heikin-Ashi Smoothed. Our version comes with a lot of enhancements and addresses some limitations of the built-in version in NinjaTrader 8.

Look further than just candles? No worries! Using the original smoothing formula of the Heikin-Ashi candle, we have created robust technical indicators that are combinations of the NinjaTrader 8 Heikin-Ashi candle and different indicator types.

If you are a big fan of the Heikin-Ashi candle and you would like to have oscillators that feature this popular candle, then Heikin-Ashi & MFI Blend, Heikin-Ashi & RSI Blend and Heikin-Ashi & Stochastic Blend are hands-down the best options. They will be a big assistance to identifying price reversals, especially in sideways markets.

Another powerful application of Heikin-Ashi smoothing is on moving averages, which creates HAMA Monster (where HAMA = Heikin Ashi on Moving Aaverage). This blend of the 2 popular smoothing techniques is a very popular trend indicator in the MetaTrader realm, now brought to NinjaTrader 8. Dragon Trend is also an amazing NinjaTrader 8 trend indicator that will help you keep a cool head to patiently follow and make the most profits out of a lasting trend.

In the future, we will extend the list of NinjaTrader indicators that are based on the formula of Heikin-Ashi candles. Traders who are interested in this beautiful Japanese candle will have more awesome Heikin-Ashi indicators to consider for integration into their trading systems.

Check out ninZa.co's NinjaTrader 8 Heikin-Ashi candle and indicators.