Why are NT8 heiken ashi bars different than other platforms?

[trader252]

Hi, I was working on a ninjatrader strategy using the color of heiken ashi bars when I noticed the bars looks different from other platforms like thinkorswim or trading view. The thinkorswim and tradingview bars looks identical but ninjatrader is different. At 12:30 ninjatrader has a red bar for example. I've attached a few screenshots for comparison.

[NinjaTrader_Tyler]

Hello trader252,

Thanks for posting.

It is not expected that different providers will show consistently identical data. Please refer to the link below for more information about the various possible causes of this:

https://ninjatrader.com/support/help..._are_built.htm

Please let me know if I may be of further assistance.

[trader252]

I don't know why but the indicator version of heiken ashi seems to be more inline with the other platforms that I use for charting.

Here is the link if anyone else is interested:
https://ninjatraderecosystem.com/use...%207%20version.

[cincai]

Bro, some of the formula inside those heiken ashi are different.

Perhaps you go look into the code.
For example, the value it used maybe different with a minus with value 1 / multiply with 1.25.
Thus, it will give you a different output.

[cincai]

There is no right / wrong with the heiken ahsi.

[trader252]

If I were only using ninjatrader for charting I think it would be ok but I'm using other platforms for charting so if my strategy is doing something other than what i'm seeing then that would cause some confusion