Kagi Chart MT5

KagiChart for MetaTrader 5

Introduction

KagiChart is a time-independent charting indicator designed for MetaTrader 5.
It renders Kagi lines directly on the chart window, focusing on price movement and reversal structure rather than time-based candles.

What is a Kagi Chart

Kagi is a charting method that represents price movement without using fixed time intervals.
Instead of plotting candles at regular time steps, the chart changes direction only when price reverses by a defined amount.

The chart consists of continuous lines that reflect market structure:

  • Yang lines represent upward movement after price exceeds a previous high
  • Yin lines represent downward movement after price falls below a previous low

This approach helps visualize trend structure and price movement without time-based noise.

Indicator Logic

The indicator builds Kagi lines using reversal thresholds.
A new segment is created only when price moves beyond the defined reversal level.

  • Upward movement continues until a downward reversal condition is met
  • Downward movement continues until an upward reversal condition is met
  • Trend state changes when previous structural levels are broken

Rendering Features

  • Vertical segments connected by horizontal lines
  • Even column spacing based on bar index
  • Consistent spacing regardless of time gaps
  • Accurate handling of session gaps and weekends
  • Yang and Yin transitions occur at the exact price level where structure is broken
  • Mid-segment transitions are supported

Features

Reversal Modes

  • Percentage based reversal
  • ATR-based reversal
  • Fixed price reversal
  • Broker point-based reversal

Visual Settings

  • Custom colors for Yang and Yin states
  • Adjustable line thickness
  • Configurable column width
  • Optional even-spacing mode

Information Display

  • Current Yang or Yin state
  • Swing count
  • Current trend direction

Alerts

  • Optional notification when trend state changes

Performance Control

  • Adjustable maximum number of processed bars

Usage

The indicator can be used to observe price structure and trend changes based on reversal logic.
It may also be combined with other analytical tools.

Limitations

  • This is a visualization indicator and does not execute trades
  • It does not provide trading signals as indicator buffers
  • It does not expose data buffers for Expert Advisor integration
  • The chart is recalculated on each update
  • It does not predict future market behavior

Installation

  1. Open MetaEditor in MetaTrader 5
  2. Place the file in the MQL5/Indicators folder
  3. Compile the file
  4. Attach the indicator to a chart from the Navigator panel
  5. Adjust input parameters as needed

Recommended Settings

  • Forex: ATR mode, period 14
  • Indices and metals: Percentage mode
  • Crypto: Percentage mode with higher values

Settings can be adjusted depending on instrument volatility and preferred sensitivity.

Notes

Kagi charts are designed to reduce the impact of small price fluctuations.
They may show fewer movements during low-volatility conditions and more structure during directional moves.

Disclaimer

This indicator is provided for analytical purposes only.
It does not provide investment advice and does not guarantee results.


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FX Trend NG: A Nova Geração de Inteligência de Tendência Multi-Mercado Visão Geral FX Trend NG é uma ferramenta profissional de análise de tendências e monitoramento de mercado em múltiplos períodos de tempo. Permite compreender a estrutura completa do mercado em segundos. Em vez de alternar entre vários gráficos, você visualiza instantaneamente quais ativos estão em tendência, onde o momentum está enfraquecendo e onde existe alinhamento forte entre diferentes timeframes. Oferta de Lançamento
Apresentando       Quantum Breakout PRO   , o inovador Indicador MQL5 que está transformando a maneira como você negocia Breakout Zones! Desenvolvido por uma equipe de traders experientes com experiência comercial de mais de 13 anos,       Quantum Breakout PRO       foi projetado para impulsionar sua jornada comercial a novos patamares com sua estratégia de zona de fuga inovadora e dinâmica. O Quantum Breakout Indicator lhe dará setas de sinal em zonas de breakout com 5 zonas-alvo de lucro e su
O Scalper Vault é um sistema de negociação poderoso e completo, projetado para traders que buscam consistência em operações intraday. Este indicador de alta precisão funciona como um sistema de negociação autônomo, oferecendo análises de nível institucional tanto para o mercado Forex quanto para Opções Binárias. ENTRE EM CONTATO COMIGO APÓS A COMPRA PARA RECEBER DICAS DE NEGOCIAÇÃO E UM BÔNUS EXCLUSIVO! Ao eliminar suposições e análises manuais complexas, o Scalper Vault permite que você foque
Volatility Master for MetaTrader is a real-time dashboard tool that scans up to  50 symbols  to identify high-volatility , trending markets instantly. With bullish/bearish signals, customizable alerts, and a user-friendly interface, it helps you avoid range-bound conditions and focus on high-probability trades. Clarity leads to confidence. Trade confidently and protect your capital effectively with this powerful dashboard. We don't offer free or bonus indicators in exchange of reviews from you.
Smart Price Action Concepts — MetaTrader 5 Após a compra, envie-me uma mensagem no MQL5 para receber Smart Universal Expert Advisor GRÁTIS, além do curso online, do manual em PDF e do acesso ao grupo privado. Veja a estrutura. Identifique as zonas. Monte seu plano de trading. Reúna Smart Money Concepts (SMC), análise no estilo ICT e ação do preço em um gráfico organizado. Identifique a estrutura do mercado, os blocos de ordens, os níveis de referência de liquidez e os desequilíbrios. Depois, esc
O   SR Liquidity   é um indicador de trading projetado para revelar as zonas ocultas onde a liquidez do mercado se concentra e o preço reage com maior intensidade. Essas áreas específicas de liquidez funcionam como níveis poderosos de suporte e resistência, oferecendo um mapa claro de onde é mais provável que o mercado reverta. Em vez de traçar linhas comuns de Suporte e Resistência, o SR Liquidity analisa o comportamento real dos preços para detectar as zonas onde se acumulam pressões de compra
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