Kijun Sen Envelope

Category: trend, volatility

Calculates the Kijun-sen (Ichimoku midpoint) with an added fixed-point envelope for volatility or trend exhaustion monitoring.

Formula

Kijun = \frac{Highest(High, n) + Lowest(Low, n)}{2} \\ TopBand = Kijun + (Deviation \cdot Point) \\ BottomBand = Kijun - (Deviation \cdot Point)

Inputs

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

See signal primitives and every published strategy that uses Kijun Sen Envelope on WOBR StrategyVerse.