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Heiken-Ashi Smoothed

Have a greater perspective of trend with NinjaTrader 8 Heiken Ashi Smoothed

$296

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Product Description

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Gain a better viewpoint of trend with Heiken-Ashi Smoothed for NinjaTrader 8

Heiken-Ashi candle is a NinjaTrader 8 built-in bar type that is favored by its convenience for easily identifying trends. We now bring you a more comprehensive & enhanced version of this popular candle: Heiken-Ashi Smoothed.

First of all, you can optionally have the OHLC prices smoothed with any of

. We recommend using a low period for smoothing, such as EMA 6 or SMA 4.

Next, the indicator smooths out Heiken-Ashi candles by employing an "Open Weight" parameter, which determines how much weight is given to the previous Heiken-Ashi candle's open in the calculation of the current Heiken-Ashi candle's open. The higher the Open Weight, the larger the Heiken-Ashi candle body. Therefore, a higher Open Weight significantly reduces noisy changes in candle colors and then leads to a smoother Heiken-Ashi trend.

Unlike the built-in Heiken-Ashi candle in the NinjaTrader 8 platform which is only provided for some common bar types (minute, tick, volume, second, day, week, month, year), our Heiken-Ashi Smoothed indicator can be applied to any third-party bar types, such as the #1 mean renko bar for NinjaTrader 8 ninZaRenko.

Our NinjaTrader 8 Heiken-Ashi Smoothed indicator can be configured to appear separately on a sub-panel or show up on the main price panel. If placing it on the price panel, you can conveniently switch back & forth between the 2 bar types (Heiken-Ashi bars vs regular price bars) just by clicking an on-chart toggle button.

Moreover, traders are provided with a Heiken-Ashi body filter which allows deciding when a Heiken-Ashi bar is bullish, bearish, or neutral. If the body of a Heiken-Ashi bar meets a minimum value specified by users, the Heiken-Ashi bar is classified as bullish or bearish (depending on its direction). In contrast, it will be categorized as neutral when the body doesn’t satisfy that user-defined threshold.

Key features:
  • Plot Heiken-Ashi candle smoothed on a sub-panel or the same panel as price
  • Can be applied to any 3rd-party bar type
  • Allow smoothing the OHLC prices with 11 popular moving averages
  • Allow configuring "Open Weight"
  • Allow defining a body filter to identify neutral Heiken-Ashi candles
  • Paint bars to highlight where Heiken-Ashi candles are bullish/bearish
  • Paint background to highlight where Heiken-Ashi candles are bullish/bearish
  • Allow switching back & forth between regular price candles & Heiken-Ashi candles via a draggable & customizable toggle
  • Be NinjaScript ready for advanced usage, only restricted by your imagination
  • Expose dedicated NinjaScript signals
Dedicated NinjaScript signals:
  • Signal_HABias: 1 = bullish, -1 = bearish, 0 = neutral

Software Changelog

  • 25 Oct 2022 - The indicator was released (build new).

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From very happy customers... 500+ reviews →
  1. product_image Heiken-Ashi Smoothed $$
    5 5

    RSI Dynamic Zones

    Mr. Pi,
    I am really impressed by your programming and your service. I ordered an indicator and Mr. Pi had it ready within a day, and it is exactly what I wanted. Excellent and professional work as well as correspondence my friend.
    Thank you so much!!!

  2. product_image Heiken-Ashi Smoothed $$
    5 5

    Works great and very easy to use.

    Market Profile (Daily),I purchased the Market Profile (Daily) indicator. Works great and very easy to use. Lots of options to customize the indicator. I use it on NinjaTrader 8. Funny thing is the Ninja community keeps complaining that there is no Market Profile indicator that works. This one sure does!

  3. product_image Heiken-Ashi Smoothed $$
    5 5

    High-Quality Indicators and Outstanding Customer Service at ninZa.co

    I have been purchasing and using indicators from ninZa.co since Larry Pi started his business with a website of about 10 indicators many years ago. And I have continued to purchase and use his indicators with additional purchases over the years. There are tons of trading vendors out there. Many I have tried and abandoned because they didn’t work and there was no customer service that I could easily email and get a prompt response for help. What makes ninZa.co so special is not just the high quality of the indicators, but the outstanding customer service and help. I have been working with Grace over the last 6 months, and she has provided prompt, cheerful, and most importantly, high-quality customer service. Larry is lucky to have her on his team! GO GRACE!!

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

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