hello,
has anyone tried kagi charts?
there is a kagi exploration formula available on equis forums. I have tried it a few times and have been successful. However the system tester seems to indicate that the kagi exploration is more profitable in buy and hold trades over a longer time frame. You have to take into account here that the test was run for 250 days and included the period of recession and that could explain the big gains it showed up.
btw i did mail equis support for a kagi exploration formula, but the person replied saying that he has tried in the past but could not as the formula language does not support the logic.(whatever that means)
Here is the formula from the web -
http://chartistsunited.com/forum/index.php?topic=699.0;wap2
Do try it and maybe we can discuss it here or fine tune the formula or someone culd try to write a new one.
thank you very much
has anyone tried kagi charts?
there is a kagi exploration formula available on equis forums. I have tried it a few times and have been successful. However the system tester seems to indicate that the kagi exploration is more profitable in buy and hold trades over a longer time frame. You have to take into account here that the test was run for 250 days and included the period of recession and that could explain the big gains it showed up.
btw i did mail equis support for a kagi exploration formula, but the person replied saying that he has tried in the past but could not as the formula language does not support the logic.(whatever that means)
Here is the formula from the web -
http://chartistsunited.com/forum/index.php?topic=699.0;wap2
Do try it and maybe we can discuss it here or fine tune the formula or someone culd try to write a new one.
thank you very much
