A Kagi chart is helpful to represent the ups and downs of prices. It looks like a line graph with just a 90-degree movement. The width of the line of this chart shows the transactions done at that instant. This type of chart doesn’t have a time axis.
Why do you need it?
Kagi Chart is helpful to get full information of stocks in an attractive and understandable way. It is mostly used by traders to get the idea of transactions at that instant.
What kind of data you can visualize with it?
You can visualize the stock of a company by Kagi Chart. You can analyze this chart if you want to invest by purchasing stocks. It will give you a brief insight into the important information and remove the unwanted data.