Kagi Chart

A Kagi Chart is a type of financial chart used to track price movements of a security, focusing on price changes rather than time intervals. It is characterized by a series of vertical lines that change direction based on the price movement, forming a continuous line that reflects Market Sentiment. The thickness of the lines can also indicate market strength, with thicker lines representing stronger trends.

Key features of Kagi Charts include:

• Reversal Threshold: The price must move a certain amount (the reversal threshold) in the opposite direction to change the direction of the Kagi line.
• Continuous Line: Unlike traditional charts, Kagi Charts do not show all price movements