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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Rich1 who wrote (1224)	10/25/2001 10:31:14 AM
From: Atin	Read Replies (1) \| Respond to of 99280

Rich, I said less rounding in Kagi vs P&F - imagine the "up" lines in Kagi as Xs and the "down" lines as Os. The up lines continue going up until they reverse - except that the lines go up regardless of whether they moved up by a "box" or not. The reversal is calculated from the top of the up line as opposed to being "rounded to nearest box" height. Vice-versa for the down lines - they keep going down until you see a reversal, but the going down isn't rounded to the nearest box size. For patterns I give the lines leeway - as in, a double top doesn't have to have the two tops match exactly - the leeway can be what a box would be in P&F. The "traditional" box sizes from P&F aren't used in Kagi but can be if someone wrote a program that allowed this. I just use a 3% reversal amount - same as what I frequently use in P&F (with a 1% box size - leeway for patterns). Basically you frequently see reversals quicker - and can use more "non-rounded prices" as your buy/sell stops - but it isn't really that different from P&F. You might end up prefering P&F anyway - P&F is easier to "read" in my opinion. -Atin