There is no time period used in the construction of a Kagi chart -
only price and direction -
DEFINITION of 'Kagi Chart'
A type of chart developed by the Japanese in the 1870s that uses a series of vertical lines
to illustrate general levels of supply and demand for certain assets.
Thick lines are drawn when the price of the underlying asset breaks above the previous high price
and is interpreted as an increase in demand for the asset.
Thin lines are used to represent increased supply when the price falls below the previous low.
Read more: Kagi Chart
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