The Kijun-sen, or base line, is an indicator and important component of theIchimoku Kinko Hyomethod of technical analysis, which is also known as the Ichimoku cloud. The Kijun-sen is the midpoint price of the last 26-periods, and therefore an indicator of short- to medium-term pricemoment...
Kijun-Sen—Base Line Senkou Span A—Leading Span A Senkou Span B—Leading Span B Chikou Span—Lagging Span While the "cloud," made up of Leading Span A and B, is the most prominent feature of the Ichimoku Cloud indicator, the Kijun Line generates trading signals when it is crossed by ...
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