Kagi Chart

What Does Kagi Chart Mean?
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.

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.

Island Reversal Keltner Channel

Get my Free Daily Penny Stock Picks Find out why over 50,000 people get my alerts.

Please enter your email below:

One of my picks FRPT went from $2.15 to $31.16 representing a gain of $1,349%
penny stocks penny stock pennystocks active penny stocks list

PIR moved up 297% in less than a month! hot penny stock picks list of penny stocks

Another one of my alerts EESO went up over 2,400% in one month!!
top penny stock newsletter