Kijun-sen
Technical analysisAlso called: Base line
The Ichimoku base line: the midpoint of the highest high and lowest low of the last twenty-six bars.
In plain terms
The slower Ichimoku line, often used as a trailing stop in an established trend.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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The Ichimoku base line: the midpoint of the highest high and lowest low of the last twenty-six bars.
The slower Ichimoku line, often used as a trailing stop in an established trend.