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Forex KAGI Chart CCI Trading System


Simple Forex KAGI Chart CCI Trading System – Noise removal is one of the most important aspects of active trading. By employing noise removal techniques, traders can avoid false signals and get a clearer picture of an overall trend.

Trading NOTES

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One method of filtering out this noise, which is also the focus of this section, is known as the Kagi chart.

  • Time Frame: M30 or higher
  • Currency Pairs: Any

 

MetaTrader Trading Indicators
  • Kagi Indicator
  • Commodity Channel Index

 

BUY Rules


  • Kagi Indicator blue color
  • Commodity Channel Index line above 50 level

 

SELL Rules

  • Kagi Indicator red color
  • Commodity Channel Index line below -50 level

 

Trading NOTES
  • A Kagi chart can also be configured by using the average true range (ATR) value. In this case, the 14-period ATR value is used as the setting for the Kagi chart. Of course, the downside being that when the ATR value changes, the Kagi chart setting also changes.
  • Exit position is discretionary
  • Risk reward Ratio 1:2 or 1:3

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