This indicator allows to display Kagi charts in the indicator window. Kagi chart filters out unnecessary noise from the chart and helps to identify trends.

Indicator works in two modes:

• CLOSE - only close prices are taken into account while building the chart;
• HIGH_LOW - only high/low prices are taken into account

Reversal of Kagi line can be specified in three different ways:

• PIPS - as an absolute value of pips;
• PERCENT - as a percent of price;
• ATR - as a current value of ATR indicator (Note: current ATR value will be different every time you reinitialize or reattach the indicator!)

The arrows show the beginnings of new trends.