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Kagi Chart Question

  • #1
  • First Post: Dec 29, 2009 10:17am Dec 29, 2009 10:17am
Hello, a beginner's question about Kagi chart moving averages.
When I apply a moving average, say 12 on a 15min chart, I know that it is the average of the previous 12 bars.
When I apply the same moving average to a Kagi chart, how is it calculated?

Thanks for your help
  • #2
  • Dec 29, 2009 10:33am Dec 29, 2009 10:33am
Quoting AnonymousC
Hello, a beginner's question about Kagi chart moving averages.
When I apply a moving average, say 12 on a 15min chart, I know that it is the average of the previous 12 bars.
When I apply the same moving average to a Kagi chart, how is it calculated?

Thanks for your help
Not sure but you found a Kagi chart maker that works in MT4?
  • #3
  • Dec 29, 2009 10:56am Dec 29, 2009 10:56am
No, I am not using MT4. My broker is GFT. I also use Ninja Trader for range bars and tick charts etc.
I find Kagi charts extremely helpful; very easy on the eye. However, not sure what to make of the moving averages applied!
  • #4
  • Dec 29, 2009 11:06am Dec 29, 2009 11:06am
most likely it is using the Kagi price value. So, for example, on my chart I have a kagi value of 131.79 for EJ bid price and the actual is 131.99 .
  • #5
  • Dec 29, 2009 11:11am Dec 29, 2009 11:11am
Thanks magnum. Do you mean to say, if I apply the 12 MA, they are simply taking the last 12 prices and averaging that out?
Would that then be the same as the moving average of the 12 tick/trade chart?
Thanks
  • #6
  • Dec 29, 2009 11:14am Dec 29, 2009 11:14am
yeah it should be the last 12 prices.

it's calculated the same but because of the way Kagi is drawn it wouldn't be the same as what it is on a normal chart.

Make sense??
  • #7
  • Dec 29, 2009 12:31pm Dec 29, 2009 12:31pm
Thanks magnum, yes it makes sense. Guess it also explains why the 15min Kagi chart looks a little different than the 1H one. Though the price increment is set to the same level.
  • #8
  • Dec 29, 2009 5:31pm Dec 29, 2009 5:31pm
Quoting AnonymousC
No, I am not using MT4. My broker is GFT. I also use Ninja Trader for range bars and tick charts etc.
I find Kagi charts extremely helpful; very easy on the eye. However, not sure what to make of the moving averages applied!
Thanks AnonymousC,
I downloaded & installed DealBook 360 from GFT which has Kagi charts you can use indis on, but didn't see the Ninja trader option yet. Still like what I see so far in the DealBook platform though.
  • #9
  • Last Post: Edited 11:51am Jul 18, 2014 10:55am | Edited 11:51am
here is a Kagi indicator that works. well it work as it does in MT4. compare it to other trading platforms.

and here is one that work from the subwindow but i can't share because its passwordprotected
Attached Image (click to enlarge)
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Attached Image (click to enlarge)
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Attached File(s)
File Type: mq4 Kagi_Ind.mq4   18 KB | 2,088 downloads
File Type: ex4 Kagi_Ind.ex4   30 KB | 1,293 downloads
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