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Kijunsen

KIJU SEN is superior than regular Moving AverageThis is EUR/USD, a 1-month timeframe chart in which I have used the Ichimoku indicator. It is always said to respect the cloud. You can see TENKAN SEN and KIJU SEN are going ahead on a single path. It has a slight upward movement. Both the lines are below the cloud, suggesting SELL signal only if the TENKAN SEN had CROSSED KIJU SEN, but be careful when you trade on a single path of TENKAN and KIJU. It is still a BUY BUY signal. Here the prices tend to gravitate to the equilibrium. If Tenken crosses Kiju below the cloud, you can go for SELL SELL SELL! Note: KIJU does not adjust as much as the regular moving average because it shows “price equilibrium”
by Thetradingmyopic
2
COALINDIA ICHIMOKU PART 3Greetings Traders Hello, this is COALINDIA 4 hour time frame chart. I have mentioned only the formula of Kijun & Tanken in this chart. Tenkan = (Highest high of 9 periods + Lowest low of 9 periods) ÷ 2 Kijun = (Highest high of 26 periods + Lowest low of 26 periods) ÷ 2 Thank you. --------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
NSE:COALINDIA
by The_crackerjack