Kijun Sen Envelope

Category: trend, volatility

Calculates a Kijun-sen (Ichimoku Base Line) with fixed-point envelopes, identifying volatility-based boundaries around the median price level.

Formula

MidLine = \frac{HighestHigh(N) + LowestLow(N)}{2} \\ UpperBand = MidLine + Deviation \cdot Point \\ LowerBand = MidLine - Deviation \cdot Point

Inputs

• Kijun_Sen_Period (default: 100)
• Envelope_Deviation (default: 230)
• ShiftKijun (default: 0)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.