SidiHeikenAshi · Heiken Ashi Bars and Bar Markers for NinjaTrader 8

What it puts on your chart

Heiken Ashi smooths a bar series by averaging it against itself. The result is easier to read at a glance and, by construction, slower than price. Both of those are the point, and both are reasons to be careful with how it is drawn: a smoothed overlay that covers the real bars takes away the very thing it is supposed to comment on.

SidiHeikenAshi treats the bar as three separate objects. The body area, the outline around it and the wick each carry their own settings, and the body area and outline each have their own colour mode. Turn the fill off and the tool becomes an overlay. Turn it on and it becomes the chart. Neither choice is forced on you.

The second half of the tool finds two bar formations and marks them. Both arrive switched off, both are restricted to the direction you choose, and both can be filtered by bar size and by how many same-direction bars have already gone by. The 97 settings of version 3.3.0.0 are mostly there so those markers stay rare enough to be worth looking at.

Three parts of a bar, three sets of settings

Most Heiken Ashi implementations give you two colours and stop there. Here the body area, the body outline and the wick are configured separately, and the body area and the outline each have their own colour mode. Switch the fill off entirely and you get an outline overlay that sits on top of the real candles without hiding them, which is exactly what you want when Heiken Ashi is a second opinion rather than the chart.

The same bars with the body fill switched off, outlines only — The same bars with the body fill switched off. Outline and wick keep their own colours and widths.

Two formations, found and marked for you

A continuation bar is one where price never traded through the body in the opposite direction: for long, nothing traded below the body, for short nothing above it. A reversal bar is one that is completely engulfed by the bar before it. Both are found on closed bars, and both come with their own marker settings: which direction counts, how many bars in a row are still valid, and which of nineteen marker shapes appears, in which size and colour.

Continuation markers on bars that traded entirely beyond the Heiken Ashi body — Continuation markers on bars where price never traded back through the body, offset above and below the bar.

§ 02Every setting

What you can change.

97 settings in version 3.3.0.0, read out of the installed indicator. The list below is what they are for.

Bars

Body area with its own colour mode and opacity
Body outline with its own colour mode, width and opacity
Wick with its own colour and width
Body fill can be switched off entirely for an outline-only overlay
Max Days To Load caps how far back the calculation reaches

Continuation formation

Marks bars where price never traded through the body against the direction
Direction switch: off, long, short or both
Consecutive-bar limit, so a long run of same-direction bars stops qualifying
Marker shape, size, colour and opacity, separately for long and short
Visual offset in ticks relative to the bar high or low

Reversal formation

Marks a bar that is completely engulfed by the one before it
Mode decides whether the two bars must share a colour (coherent) or differ (divergent)
With mode off, nothing is marked regardless of the marker switch
Minimum and maximum bar size in ticks as a filter, disabled with -1
Own marker shape, size, colour and opacity per direction

In the chart

Realtime Settings window, opened from a button in the chart toolbar
Indicator name row can be hidden to keep the chart clean
Bar index at the mouse position for precise navigation
Drawing order against other indicators, set by Z value
Logging to the NinjaScript output window, the Control Center log tab, or a file of its own

§ 03In parallel

Nothing is on until you turn it on

Both formations ship switched off, and the reversal formation has a second switch that decides whether the two bars involved must share a colour or differ. That is deliberate: a marker that appears on half your bars stops being information within a session.

What is drawn

3 bar parts · 2 formations

Body area
Body outline
Wick
Continuation marker
Reversal marker

What you control per formation

off by default

Direction: off, long only, short only or both
Reversal mode: coherent or divergent bar colours
Maximum consecutive bars before it stops counting
Minimum and maximum bar size in ticks
Marker shape from nineteen styles, separately for long and short
Size in pixels, colour, opacity and a visual offset

19

marker shapes, set separately for long and short

2

bar formations, each off until you enable it

3

parts of a bar styled independently

97

settings in version 3.3.0.0

Change it while the market runs

SidiHeikenAshi has its own Realtime Settings window, opened from a button in the chart toolbar. Colours, outlines, wicks, marker shapes and the direction switches change in the chart as you set them, and the window saves, loads and resets complete presets from its bottom bar. Finding the consecutive-bar limit that suits your instrument is a matter of trying three values, not of three chart reloads.

A few fields change what is calculated rather than how it is drawn, and those still ask for a chart reload (F5). Everything visual answers immediately.

§ 04Pricing & licence

Pick your licence.

Every plan includes free updates. Secure checkout handled by Freemius.

$11.90/ month

Buy monthly →

All prices exclude applicable VAT.

Cancel any monthly plan at any time

One licence, any of your computers

The licence is tied to your email address, not to a machine ID. You can install SidiHeikenAshi on as many computers as you like and run it on one of them at a time.

No machine binding

Bound to your email address, so a new PC, a rebuilt system or a second workstation needs no unlock code.

Switch in seconds

Close the chart on one machine and the next one picks up the licence right away. No transfer fee, no waiting period.

Two machines at once

A second licence, for running SidiHeikenAshi on two computers at the same time, comes at 75% off.

Updates included

Every plan, monthly or lifetime, includes all further versions for as long as it runs.

§ 05Good to know

Before you install.

Q · 01What counts as a continuation bar?+

A bar where price never traded through the Heiken Ashi body in the opposite direction. For long that means nothing traded below the body, for short nothing above it. The consecutive-bar field then limits how many same-direction bars in a row still count, so a long run does not produce a marker on every bar.

Q · 02What counts as a reversal bar?+

A bar that is completely engulfed by the bar before it. A second switch, Mode, decides whether the two bars have to share a colour (coherent) or have to differ (divergent). With Mode off, nothing is marked at all, whatever the marker switch says.

Q · 03Why is nothing marked when I install it?+

Both formations ship with their marker switch on Off. That is on purpose. Set the direction you care about, long, short or both, and the markers appear. The Realtime Settings window does this without a chart reload.

Q · 04Can I use it as an overlay instead of replacing my candles?+

Yes. Switch the body fill off and only the outline and wick remain, so the tool draws the Heiken Ashi reading on top of your existing bars instead of covering them. Outline colour, width and opacity are set separately for that case.

Q · 05Which NinjaTrader version does it need?+

NinjaTrader 8 on Windows. SidiHeikenAshi installs as a NinjaScript add-on and runs inside your own NinjaTrader instance, on your own data connection.

Q · 06What do I get in the free demo?+

Fourteen days of the full version of every Sidi tool, SidiHeikenAshi included. The demo expires on its own; continuing is a separate, deliberate step.

See it on your own chart.

SidiHeikenAshi is unlocked in the free 14-day demo, together with every other Sidi tool for NinjaTrader 8.

Start free 14-day demo → All tools and prices

Heiken Ashi, on your terms.