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.
Parameters: Reversal — defines how the reversal will be calculated in pips or percentage. Reversal in pips — the minimum reversal value in pips.
The parameter is actual in case if the reversal mode is also in pips and does not produce any influence if the reversal mode is in percentage. Reversal in percentage — the minimum value of the reversal in percentage.
The parameter is actual in case if the reversal mode is also in percentage and does not produce any influence if the reversal mode is in pips.
MT5 Indicators — Download Instructions Kagi — indicator for MetaTrader 5 is a Metatrader 5 MT5 indicator and the essence of the forex indicator is to transform the accumulated history data.
Modello di trading profittevole con Heikin Ashi
Kagi — indicator for MetaTrader 5 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.