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trooper
  • Posts: 81
  • Joined: 30/10/2010
Hi,
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.

File Attachment(s):
LOCKijunSen.zip (1kb) downloaded 47 time(s).
trooper attached the following image(s):
20110610-231522.png (27kb) downloaded 74 time(s).

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