×

Sign up and get MultiCharts free

Use its powerful simulation mode with data included out of the box. Just fill out the form and start honing your trading skills with a few clicks.

Changes - MultiCharts

Changes

Jump to navigation Jump to search

Kagi

2,350 bytes added, 14:10, 2 March 2012
no edit summary
#To display the Last Price Marker select the Last Price Marker check box, or clear the box to hide the marker; the color of the marker is the same as the color of the Down component.
#To use these style settings for all new charts of this type, select Use as Default check box.
 
==Auto trading orders on Kagi Chart Type==
 
There are some differences between Regular and Kagi chart types with regards to order generation in real time and backtesting.
 
==Backtesting and Data Playback==
 
There is no difference between order generation on Regular and Kagi chart types with regards to Backtesting and Data Playback.
 
==Real-Time simulation==
 
{| class="wikitable"
|-
! Type of the strategy
! Regular Chart Type
! Kagi Chart Type
|-
| Buy next bar at market
| Order is placed on the first tick of the new bar, i.e. on the Open of next bar.
| Order is placed on Open of next column, not on the first tick but only when column’s status turns from in-progress into fixed*.
|-
| Buy this bar at close
| Order is placed on the last tick of the bar, i.e. on the Close of the current bar.
| When a column’s status turns from in-progress into fixed*, the order is placed at the Close price of the previous column.
|-
| Price orders
| Order is placed at the price of the first tick that satisfies Stop and Limit conditions.
| Order is placed either on the last, closing tick of a column or on the Open of the bar after the column has been closed (if it is guaranteed to be filled) taking into account Stop or Limit conditions.
|}
 
 
<div style="background-color: #E3FBE5;"> * After the resolution time frame has passed. </div>
 
==Auto Trading==
 
{| class="wikitable"
|-
! Type of the strategy
! Regular Chart Type
! Kagi Chart Type
|-
| Buy next bar at market
| When the first tick of a new bar comes, the market order is sent to the broker.
| When the next column’s status turns from in-progress into fixed*, a market order is sent to the broker.
|-
| Buy this bar at close
| When the last, closing tick comes, the market order is sent to the broker.
| When the next column’s status turns from in-progress into fixed*, a market order is sent to the broker.
|-
| Price orders
| When the auto trading is on, a price order is sent to the broker.
| When the auto trading is on a price order is sent to the broker.
|}
 
<div style="background-color: #E3FBE5;"> * After the resolution time frame has passed. </div>
 
To learn how Intra-Bar Order Generation and Bar Magnifier work on Point and Figure Chart Type, see [[Intra-Bar Order Generation, Bar Magnifier on Non-Standard Chart Types|this page]]
 
[[Category:Non-Standard Chart Types]]

Navigation menu