This Site Requires Javascript
Burger Menu

Kagi Chart

Definition

The Kagi chart is a chart used for tracking price movements and to make decisions on purchasing stock. It differs from traditional stock charts such as the Candlestick chart by being mostly independent of time. This feature aids in producing a chart that reduces random noise.

Kagi Chart

What is 'Kagi Chart'

A type of chart developed by the Japanese in the 1870s that uses a series of vertical lines to illustrate general levels of supply and demand for certain assets. Thick lines are drawn when the price of the underlying asset breaks above the previous high price and is interpreted as an increase in demand for the asset. Thin lines are used to represent increased supply when the price falls below the previous low.

Explaining 'Kagi Chart'

An entry signal is triggered when the vertical line changes from thin to thick and is not reversed until the thick line changes back to thin.

One important note about these charts is that they are independent of time and only change direction once a predefined reversal amount is reached.


Further Reading

Some Less Known Charting Methods of Technical Analysis and Possibilities Its Using for Identification Trend ChangesSome Less Known Charting Methods of Technical Analysis and Possibilities Its Using for Identification Trend Changes
ideas.repec.org [PDF]
… Basic principles for plotting these types of charts are special, however very clear … More about this item. Keywords. Technical Analysis; Kagi Chart; Three Line Break Chart; Renko Chart; Technická analýza; Kagi Chart; Three Line Break Chart; Renko Chart; JEL classification …

Pairs trading based on statistical variability of the spread processPairs trading based on statistical variability of the spread process
www.tandfonline.com [PDF]
… Basic principles for plotting these types of charts are special, however very clear … More about this item. Keywords. Technical Analysis; Kagi Chart; Three Line Break Chart; Renko Chart; Technická analýza; Kagi Chart; Three Line Break Chart; Renko Chart; JEL classification …

Time Evolution of Fractal Structure by Price-axis Scaling and Foreign Exchange Intervention OperationsTime Evolution of Fractal Structure by Price-axis Scaling and Foreign Exchange Intervention Operations
link.springer.com [PDF]
… Basic principles for plotting these types of charts are special, however very clear … More about this item. Keywords. Technical Analysis; Kagi Chart; Three Line Break Chart; Renko Chart; Technická analýza; Kagi Chart; Three Line Break Chart; Renko Chart; JEL classification …

Mineralogical characterization of graphite deposits from Thodupuzha-Kanjirappally belt, Madurai Granulite Block, southern IndiaMineralogical characterization of graphite deposits from Thodupuzha-Kanjirappally belt, Madurai Granulite Block, southern India
www.sciencedirect.com [PDF]
… Basic principles for plotting these types of charts are special, however very clear … More about this item. Keywords. Technical Analysis; Kagi Chart; Three Line Break Chart; Renko Chart; Technická analýza; Kagi Chart; Three Line Break Chart; Renko Chart; JEL classification …


Tags

kagi, chart, charts, price, line, lines, stock, trading, time, financial, prices, data, thick, series, thin, indicators, direction, technical, closing, demand, asset, supply, tradingview, candlestick, reversal, point, vertical, market, yang, candlesticks, renko, noise, trends, stocks, movement, forex, indicator, charting, break, signals, trend, analysis, trade, figure, shows, independent
Section 508

WCAG 2.0

Section 508