Downward Line

The colour of the Downward Line can change depending on whether it is a Yin line or a Yang line. Therefore, the Kagi line in the same trend can change colour.

This pattern identifies stocks in a downward trend, no matter whether it is a Yin line or a Yang line.

This pattern can be plotted on the chart by adding it from the Add study menu in TradePoint & Patterns in RZone. The pattern is also available in the System Builder section. By combining this pattern with other patterns and indicators, you can create your own trading strategies. For any group of stocks and market segments, you can scan and backtest stocks based on those strategies.