Kijun-sen: the midpoint of the last 26 bars of range, in price.
Preview
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What it measures
A five-line system whose shaded span between the leading lines is read as support, resistance and trend.
- Output
- A line, in price
- Feeds
- Entry and exit rules
- Warm-up
- 26 bars before its first reading
- Updates
- When each bar closes
- Filters entries
- No. It’s measured and charted, and doesn’t change which entries are taken.
- Part of
- Ichimoku Cloud
- Also known as
- Ichimoku, Kumo, Kijun-sen, Tenkan-sen