Posted in Finance, Accounting and Economics Terms, Total Reads: 334
Definition: Kagi Chart
Kagi chart is a graphical representation used to understand the price fluctuations of assets like stock or commodities, and study the trend for a better decision on buying or selling in the future, based on the forecasts.
It is a chart that users vertical lines to plot demand and supply for a certain asset. Its unique feature is it is independent of time and thus is devoid of random noises in the trend. Also it changes the direction only when a specific amount is reached.