Forex Kagi Japanese Trading System was released in June 2010. This is a serious package which contains indicator and Expert Advisor for trading. Developers recommend using indicator with six pairs: GBPUSD, EURUSD, AUDUSD, USDJPY, NZDUSD and USDCAD, however their expert advisor called Forex Kagi Bot trades only on 1 single currency: USDJPY.

The Kagi indicator was created to directly calculate supply and demand conditions in any market where prices are recorded and charted. This indicator is plotted as a series of green and red lines in histogram form at the bottom of any price chart. When you see green bars change to red bars, this is an indication of increasing supply/decreasing demand and you should sell the currency when you get such signal. When you see red bars change to green bars, this is an indication of decreasing supply/increasing demand and you should buy the currency.

The developers of Forex Kagi System say: "75 to 80% Accurate Signals to bring you HUGE profits!" - this is not always really true. On the graph sometimes you can find situations like on the picture below:

What about Forex Kagi Bot? On the backtests this expert shows good results with nice trading activity - every day you can see some trading operations.

This robot is sensitive enough to the spread, but, like the indicator, can to show good results in the future. I already placed Forex Kagi Bot on my forwardtest.

Forex Kagi Japanese Trading System provides a set of bonus indicators, like Market-Time Indicator and IronCross.