KAGI

Kagi charts appear as vertical bars connected by small horizontal segments at right angles. These charts are independent of time and progress forward based on price action. Thick green bars, called ‘Yang’ bars, indicate that a price has broken-out above the previous high price. Thin red bars, called ‘Yin’ bars, indicate that the price has fallen below the previous low. Unlike the other chart types, the colors of kagi lines do not directly communicate upward or downward trends.