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Kijun-Sen Line

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The Kijun-Sen line is an indicator that helps to identify the trend; whether that's up or down.

When the line is...

Green - Market is in an uptrend
Red - Market is in a downtrend

Recommended settings: 20 - 37 (26 is best)

The Kijun-Sen line, otherwise known as Baseline is simply the middle price between the highest high & the lowest low over a given period of time.

Calculation: (Highest high + lowest low)/2 = Baseline (Kijun-Sen)

The Kijun-Sen line was developed by Japanese journalist, Goichi Hosoda in the late 1960s. It was part of an indicator called the Ichimoku Cloud, an entire trend-trading system developed by the journalist himself. In my opinion, the Kijun-Sen is the most important part of the system.

Special thanks to VP & his Nononsense Forex Youtube Channel!

הערות שחרור
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Chg green to lime.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.