

The color changes at the point when the shoulder or waist is passed. The shoulders and waists will change color when surpassed.A trader could also set this pre-set value for a dollar value or average true rating (ATR), rather than a percentage. This percentage can be very subjective, depending on what the trader wants to see. This reversal amount has to be small enough to show reliable shifts in price but not too large that it misses signals. The line will not change direction until the share price moves more than a pre-set reversal amount, which is generally 4 percent.A horizontal line that joins a plunging line to a rising line is called a shoulder.A horizontal line that joins a plunging line with a rising line is known as a waist.This is a “bearish” downward price trend.

The thin red line is a yin line, where the price goes below a previous waist and shows an increase in supply over demand. This is basically the increase in demand over supply for the share and a “bullish” trend upward. The thicker green line is called the yang line. There are generally two types of lines, a thicker green line and a thin red line.The Y axis is vertical and is the value scale. The X axis is horizontal and has dates, which are markers for key price actions. Kagi charts have a number of features that need to be understood before they can be deciphered correctly. Predict confidently with real-time data-driven intelligence.Unify data intelligently for better access, trust, and control.TIBCO® Messaging - Eclipse Mosquitto Distribution.Connect seamlessly any application, device or data source.
