Kijun-Sen (Base Line)
A line that represents a 26 period midpoint
Next indicator is the Chikou Span (Lagging Span)
- Price above/below Kinjun-Sen (baseline) confirms recent price momentum to the upside or downside.
- Crossing conversion line is short term momentum trade signals
- Tenkan and Kijun cross over multiple times price lacks trend and is choppy
Next indicator is the Chikou Span (Lagging Span)
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.