Kagi

Kagi

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The Kagi chart is usually drawn on close prices and considers neither timeframe, nor volume. The idea is that if the market continues to move in the direction of the current Kagi line, the line is extended, and if the price goes in the opposite direction more than the set minimum reversal value then the line is drawn in the opposite direction. If there is breakthrough of the previous minimum (maximum) in the rollback then the line changes the color indicating about reversal.

 

MT5 Indicator – Download Instructions

Kagi is a Metatrader 5 (MT5) indicator and the essence of the forex indicator is to transform the accumulated history data.

Kagi provides for an opportunity to detect various peculiarities and patterns in price dynamics which are invisible to the naked eye.

Based on this information, traders can assume further price movement and adjust their strategy accordingly.

How to install Kagi.mq5?

  • Download Kagi.mq5
  • Copy Kagi.mq5 to your Metatrader Directory / experts / indicators /
  • Start or restart your Metatrader 5 Client
  • Select Chart and Timeframe where you want to test your indicator
  • Search “Custom Indicators” in your Navigator mostly left in your Metatrader 5 Client
  • Right click on Kagi.mq5
  • Attach to a chart
  • Modify settings or press ok
  • Indicator Kagi.mq5 is available on your Chart

How to remove Kagi.mq5 from your Metatrader 5 Chart?

  • Select the Chart where is the Indicator running in your Metatrader Client
  • Right click into the Chart
  • “Indicators list”
  • Select the Indicator and delete

Click here below to download MT5 Indicator:

Kagi

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