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Kijun-sen

Kijun_ATROVERVIEW Kijun + ATR is an indicator that combines Lagging Kijun Base Line From Ichimoku Cloud (direction indicator) and Volatility Indicator ATR. By combining ATR with kijun we can filter out noise from Base Line. CALCULATIONS Kijun is calculated by taking average of lowest and highest point of price over set lenght. ATR is just default Tradingview Indicator that calculates average true range of price over set period of time. WORKING When both close > lower and not close < upper are true indicator indicate long by color limeand indicates short when close < upper by color fuchsia (Color can be changed in settings) Indicator works best in Trending Market Regimes can have problems by signaling tops in Consolidating Market Regimes during bear markets and by sygnaling bottom in short consolidating market regimes during bull market.
Pine Script® indicator
by Patito_1
SuperIchi [LuxAlgo]Using one indicator as the core for another one to improve certain aspects while offering an alternative user interaction can be very interesting in technical analysis. This indicator is a modification of the popular Ichimoku indicator using the equally popular Supertrend indicator as its core, thus no longer entirely relying on calculations done over a fixed window size but instead relying on the average true range and the trend detection method offered by the Supertrend. Settings Tenkan: Atr length (left) and factor (right) used for the Supertrend involved in the calculations of the Tenkan Ichimoku component Kijun: Atr length (left) and factor (right) used for the Supertrend involved in the calculations of the Kijun Ichimoku component Senkou Span B: Atr length (left) and factor (right) used for the Supertrend involved in the calculations of the second Senkou Span Ichimoku component Displacement: Bar offset of the cloud (positive offset) and Chikou (negative offset) Usage The SuperIchi indicator can be interpreted similarly to a regular Ichimoku as it retains the components and aspects from this one. Users can make use of the Supertrend Factor to detect shorter or longer-term trends. Unlike the regular components of the Ichimoku based on rolling maximums/minimums, using the Supertrend here allows smoother components and makes it less prone to whipsaw signals. Note that the Chikou is disabled by default in the style settings Details The original Ichimoku indicator is constructed from the average between the rolling maximum high and minimum low values. The Supertrend indicator also relies on one upper/lower extremity but using the average of these extremities for the modification of the Ichimoku indicator might not provide easy to use results due to the nature of these extremities. Instead, we compute the average between the Supertrend and trailing maximums/minimums with a value reset when a new trend is detected by the Supertrend. This allows obtaining a result that is closer to the original average used by Ichimoku.
Pine Script® indicator
by LuxAlgo
45
Tenkan-Sen Kijun-Sen Distance (TKD) Oscillator - IchimokuThe TKD is the distance between the Tenkan-Sen and the Kijun-Sen, expressed in percentage of current price. The further apart the tenken-sen and kijun-sen are, the more they want to snap back together. This makes for a decent oscillator. When the Tenkan-Sen is above the Kijun-Sen, the TKD is green. When it is below, the TKD is red. At the crossing points, it turns blue. For those more familiar with Ichimoku Cloud techniques, one might also think of this indicator as a C-Clamp indicator. Bar coloring is supported and enabled by default. There's also an option to flip/invert the green/red colors in case you want to use it to judge pending cycles rather than current ones.
Pine Script® indicator
by AlgoGirl
4
Kijun Oscillator [-W-]Eng. Kijun is one of the lines of the Ichimoku indicator. The indicator shows the relative deviation of the price from this line. This indicator can be used to determine divergences, market phases, and all that other oscillators show. ) Rus . Kijun - одна из линий индикатора Ишимоку. Индикатор показывает относительное отклонение цены от этой линии. По этому индикатору можно определять дивергенции, фазы рынка и всё то, что показывают другие осцилляторы. )
Pine Script® indicator
by wental
Triple Kijun Trend by SpiralmanIspired from "Oscars Simple Trend Ichimoku Kijun-sen" by CapnOscar Script displays 3 kijun lines: one for current TF, second one emulates it for TF 4 times higher, third one for x16. For example on 1H chart there will be 3 kijuns: one for 1H, second one for 4H (emulated), third one for 16H (emulated). Kijuns change colors based on their position relative to price. Kijun Sen The base line, the slower EMA derivative, and a dynamic representation of the mean. With that said, the Kijun serves as both critical support and resistance levels for price. How does it work, and why would the Kijun be superior to commonly used moving average indicators? Fun fact: The Kijun dynamically equalizes itself to be the 50% retracement (or 0.5 Fibonacci level) of price for any given swing, and price will ALWAYS gravitate to the Kijun at some point regardless of how far above or below it is from it. By taking the median of price extremes, the Kijun accounts for volatility that other MAs or EMAs do not. A flat horizontal Kijun means that price extremes have not changed, and that the current trend losing momentum. Crypto-adjusted calculation: (highest high + lowest low) / 2 calculated over the last 60 periods.
Pine Script® indicator
by Spiralman
2