Kijunsen

Description

The KijunSen formula renders the Kijun Sen base line in the Ichimoku Kinko Hyo study.

Formula

Kijunsen(INPUT, Span=25)=begin

  retval = (RMAX($1.high, Span) + RMIN($1.low, Span)) / 2

end

Parameters

INPUT

The INPUT directive makes this formula available as a Formula Overlay. INPUT refers to the instrument in the chart.

Span

The Span parameter defines the range (number of bars) examined by the Kijun Sen indicator. The default value is 25.

Return Value

A Kigun Sen value

Examples

See, Ichimoku Kinko Hyo

Comments

NA