Help needed - Honestly, this is not a zero-loss system | Forex Factory

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Help needed - Honestly, this is not a zero-loss system

  • #1
  • First Post: Edited Dec 13, 2010 8:36pm Dec 5, 2010 11:31am | Edited Dec 13, 2010 8:36pm
Hi there,

Lately I've been researching about Kagi/Key Charts and I think that it has a huge potential. I found a very simple indicator that translate ordinary candlestick/bar chart to kagi chart. But the fact that Kagi Charts completely ignores time, it become slightly inconvenience to trade intraday.

A little introduction of Kagi (as simple as possible)

 

  1. Completely ignores time
  2. Each shoulder/waist refers to the highest close and lowest close
  3. The thick line is Yang while the thin line is Yin.
  4. Buy the Yang and sell the Yin
  5. Yang painted when the price break the previous Shoulder (highest close)
  6. Yin is painted when the price break the previous Waist (lowest close)

http://img262.imageshack.us/img262/1809/73836150.gif

http://img163.imageshack.us/img163/8167/eu1.gif

I would be glad if someone could modify the indicator just like below (i edited the chart using MS Paint)
Blue line as Yang and Turquoise line as Yin

(refer the chart on attachment)

Simply paint all the shoulder/waist and yang/yin on the bar chart.
An alert when the line (yang/yin) changes to one another would be a bonus

Thanks in advance

Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 20 KB
Attached File(s)
File Type: mq4 KAGI_1.mq4   7 KB | 622 downloads
  • #2
  • Dec 9, 2010 8:34am Dec 9, 2010 8:34am
Interesting. Where is possible to read about Kogi?
  • #3
  • Dec 10, 2010 3:47am Dec 10, 2010 3:47am
Quoting dzhini
Interesting. Where is possible to read about Kogi?
I learned a lot from Steve Nison's book - Beyond Candlestick
  • #4
  • Dec 12, 2010 9:29pm Dec 12, 2010 9:29pm
hope someone can understand what i am trying to explain
  • #5
  • Dec 13, 2010 8:16am Dec 13, 2010 8:16am
i am willing to pay anyone programmer for this job
please quote me
  • #6
  • Dec 13, 2010 8:43am Dec 13, 2010 8:43am
hey taufic..... it is sometimes beter just to upload your charts as attachments and not use any storage site like photobucket.....

you can still use ms paint to make your ideas clear to us ...... can't see your pictures now.....h
Attached Image (click to enlarge)
Click to Enlarge Name: kagi.jpg Size: 101 KB
to trade and code, keep both simple... no call to impress....h
  • #7
  • Dec 13, 2010 8:47am Dec 13, 2010 8:47am
Quoting hayseed
hey taufic..... it is sometimes beter just to upload your charts as attachments and not use any storage site like photobucket.....

you can still use ms paint to make your ideas clear to us ...... can't see your pictures now.....h
sorry for that my bandwidth exceeded
this is the missing picture
the last circle on number 1 is a mistake
its supposed to be blue line (yang)
Attached Image (click to enlarge)
Click to Enlarge Name: eu2.gif Size: 20 KB
  • #8
  • Dec 13, 2010 8:51am Dec 13, 2010 8:51am
Quoting hayseed
hey taufic..... it is sometimes beter just to upload your charts as attachments and not use any storage site like photobucket.....

you can still use ms paint to make your ideas clear to us ...... can't see your pictures now.....h
the fact that kagi charts completely ignores time makes it not parallel with real time bar chart plotting
a conventional overlay like the above is void
  • #9
  • Dec 16, 2010 2:11am Dec 16, 2010 2:11am
a no loser. LOL

I don't understand what I'm looking here but the title is suspect.
  • #10
  • Sep 24, 2015 2:50am Sep 24, 2015 2:50am
Honestly, this looks like nonsense. The boys at Goldman Sachs would laugh their a$$es off if they ever saw this.
  • #11
  • Sep 24, 2015 7:10am Sep 24, 2015 7:10am
Quoting gravitist
Honestly, this looks like nonsense. The boys at Goldman Sachs would laugh their a$$es off if they ever saw this.
But why bother resurrecting a thread that disappeared into obscurity years ago, just to say that it's nonsense?
  • #12
  • Last Post: Dec 9, 2024 2:49pm Dec 9, 2024 2:49pm
Quoting taufic
Hi there, Lately I've been researching about Kagi/Key Charts and I think that it has a huge potential. I found a very simple indicator that translate ordinary candlestick/bar chart to kagi chart. {image}
I am curious to know if you still use Kagi, what has your experience been like since last 10 years?
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