The Kagi Chart indicator allows you to display the Kagi charts in the indicator window. The kagi chart type filters out unnecessary noise and helps identify trends.

The indicator works in 2 modes:

• CLOSE-when plotting the kagi chart, only Close prices are used;
• HIGH_LOW – only High/Low prices are used when plotting the kagi chart.

The kaga line reversal can be set in 3 different ways:

• PIPS-in pips (absolute values);
• PERCENT – as a percentage of the price value;
• ATR
  -in the ATR indicator values (Note: the current ATR value will be different each time the indicator is reinitialized or loaded)