The indicator plots ICT displacement candles on the price chart and can switch to retracement scanning. Displacement requires a move larger than a set share of the 14-bar average high-low range, lasting at least a chosen number of bars, with optional close, pr
Indicator · Pine Script v4 · On the chart
Kagi Chart Identifier
This indicator checks whether the current chart uses Kagi chart formatting.
GitHub stars948on the repository
Pine versionv4older, still runs
Lines of code40
Settings0inputs
LicenceGPL-3.0
Last update10 days ago18 Oct 2026
Add It to Your TradingView Chart
- 1Copy the scriptPress Copy script above, or the copy button on the code below.
- 2Open the Pine EditorOpen a TradingView chart and choose Pine Editor at the bottom of the screen.
- 3Paste over the templateCreate a new indicator, select all of the template text and paste. Press Save and give it a name.
- 4Add it to the chartPress Add to chart, then adjust the settings with the gear icon next to its name.
Source Code
40 lines of Pine Script v4 from research/kagi_chart_identifier.pine, published under GPL-3.0. Keep the author's credit and licence lines when you reuse it.
//@version=4
// Copyright (c) 2019-present, Alex Orekhov (everget)
// Kagi Chart Identifier script may be freely distributed under the terms of the GPL-3.0 license.
study("Kagi Chart Identifier", overlay=true)
var ocCount = -1
if open[1] == close or close[1] == open
ocCount := ocCount + 1
var hCount = -1
if open == high or close == high
hCount := hCount + 1
var lCount = -1
if open == low or close == low
lCount := lCount + 1
isKagi = hCount == bar_index and lCount == bar_index and ocCount == bar_index - 1
labelText = isKagi ? "This is Kagi Chart" : "This is not Kagi Chart"
stats = "\n------------------------------" +
"\nBar Index: " + tostring(int(bar_index)) +
"\nO==C Candles: " + tostring(ocCount) +
"\nOC==H Candles: " + tostring(hCount) +
"\nOC==L Candles: " + tostring(lCount)
labelColor = #1e90ff
whiteColor = color.white
var label kagiLabel = label.new(
x=bar_index,
y=na,
text="",
color=labelColor,
textcolor=whiteColor,
style=label.style_labeldown,
size=size.normal
)
label.set_text(kagiLabel, labelText + stats)
label.set_xy(kagiLabel, bar_index, highest(close, 10))
Overview
Kagi Chart Identifier analyzes price bar structural characteristics by counting bars where open or close equals the high, low, and adjacent open/close levels across the history. An informational label displays directly on the main chart, indicating whether the series satisfies Kagi criteria alongside running tally statistics. It contains no configurable user inputs or trade signals.
- Kagi chart type validation logic
- Open, close, high, and low relationship counters
- On-chart status label display
- Running bar index and candle statistics tracker
Details
Published by
everget on GitHub
Type
Indicator, Pine Script v4
Draws
On the price chart
Category
Candlestick patterns
Markets
Any symbol
Timeframes
Any timeframe
Risk Notes
No repainting, lookahead or stacked entries were found in its code or README. That says nothing about how well it works: test it first.
Repository
Topics
pinepinescripttechnical-indicatorsindicatorsoscillatorbandsaveragetradingviewindicatormoving-average
Third-party code. ForexR did not write, test or endorse this script, and the summary above was generated automatically from its code and README. Indicators describe the past, and a strategy's backtest can look better than live trading, especially when a script repaints. Check it in the Strategy Tester and on a demo account before you rely on it.
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