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  • Ichimoku: H High L Low

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    Jagdish mali
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    The Ichimoku indicator uses high and low prices over specific periods to calculate lines that represent the present, future, and past trends of a security. It includes a conversion line based on the average of the highest high and lowest low over 9 periods, a base line based on the average over 26 periods, and leading and lagging span lines to identify support and resistance for potential trades.

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    The Ichimoku indicator uses high and low prices over specific periods to calculate lines that represent the present, future, and past trends of a security. It includes a conversion line based on the average of the highest high and lowest low over 9 periods, a base line based on the average over 26 periods, and leading and lagging span lines to identify support and resistance for potential trades.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    3 views1 page

    Ichimoku: H High L Low

    Uploaded by

    Jagdish mali
    The Ichimoku indicator uses high and low prices over specific periods to calculate lines that represent the present, future, and past trends of a security. It includes a conversion line based on the average of the highest high and lowest low over 9 periods, a base line based on the average over 26 periods, and leading and lagging span lines to identify support and resistance for potential trades.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    ICHIMOKU

    H=HIGH L=LOW

    Present –

    A.conversion Line = 9H+9L/2

    B.Base Line=26H+26L/2

    Future Line –

    A. Leading Span A = CL+BL/2

    B. Leading Span B = 52H+52L/2

    Past- Lagging Span – Present

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