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#1 Posted : Friday, June 10, 2011 12:20:12 PM(UTC)

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Going to use Kijun-Sen for trailing. Please let me know if you are already using it how it performs?

Here is a brief description of Kijun-Sen:

Kijun-sen demonstrates the average value of the price for the second period of time. Kijun-sen is a fluctuations' parameter in the Forex market. The price can grow if it is higher than the Kijun-sen. When the price crosses this line, movements in the trend are predicted.

The formula is : KijunSen=(HighestHigh-LowestLow)/2

Here is a picture and also attaching an indicator I wrote.

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