Introduction The indicator attempts to implement three (3) time-based, multi-timeframe, non-repainting Kagi lines as an overlay to your chart and applying a trend bullish/bearish trend strength evaluation based on the position of the Kagi close prices between the Fast Kagi and Slow Kagi. How is it original and useful? This indicator is unique in that it...
Introduction The indicator attempts to implement a time-based, multi-timeframe, non-repainting Kagi lines as an overlay to your chart using traditional candlesticks. How is it original and useful? This indicator is unique in that it allows you to choose from among three different methods to define the reversal amount. They are: ATR (Average True...
This is an educational study, using the security functions provided by @PineCoders(big thanks to them for creating this ) in order to see the difference between multiple candle close plots using: Heikin Ashi Renko Linebreak Kagi Average of them all. Both the different securities and the average can be used as a source for different indicators like moving...
My Own Kagi Indicator Implementation! I couldn't find anywhere on the internet a simple implementation of the Kagi indicator (apart from a seemingly complicated JavaScript implementation). So I decided to implement it myself and test it against the built-in Kagi indicator calculated by the built-in security function - They ended up exactly the same! (You can see...
A viable and workable concept of chart type identification using Pine Script. Was wollen wir trinken , sieben Tage lang Was wollen wir trinken, so ein Durst! Was wollen wir trinken, sieben Tage lang Was wollen wir trinken, so ein Durst!
A heuristic approach to identify Kagi chart type. This tool allows to identify: ATR Kagi charts (see ^) Traditional Kagi charts Works correctly with other chart types: Classic Candles Heikin-Ashi Line Break PnF ATR Renko Traditional Renko Range Bars Do not forget @everget
This is the script with alerts for the previous backtest. Modify "reversal" according to the pair It has take profit and stop loss too. Thanks and Enjoy...
This is a simple study that plots kagi values over your current chart. Works with both price action and time based charting. NOTE: Because higher timeframe values are not certain until closed, refresh your chart as new levels are drawn.