Kijun Line: The mid-point between the highest high and lowest low of a particular security. The kijun line, also called kijun-sen, is the base line used specifically in ichimoku kinko hyo (or Ichimoku cloud is often used in technical analysis and is primarly used to identify buy and sells signals. This method builds on candlestick charting to improve the accuracy of forecast price moves. The Ichimoku indicator is a moving average-based trend indicator system and usually contains more data than a candlestick charts, providing a clear Ichimoku Kinko Hyo is a purpose-built. purpose. trend trading charting system that has been. successfully used in nearly every tradable market. It is unique in many ways, but its. primary strength is its use of multiple data points to give the trader a deeper, more. comprehensive view into price action. The elements of the Ichimoku Cloud: 1. Tenkan-sen is the conversion line that shows the nature of the short-term trend. It is also used to determine the local support and resistance levels, which are intermediate on a long trend. 2. Kijun-sen is the base line that shows the nature of a medium-term trend. The small number of the indicator parameters allows easy setting up of parameters based on the given description. Except Alternative Ichimoku setup, the article gives the principles of setting up, suitable also for the indicator Ichimoku Kinko Hyo. This allows a reader using both indicators with better efficiency. Vay Tiền Online Chuyển Khoản Ngay.

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