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The Kijun-sen , also known as the Base Line , is arguably the most critical component of the Ichimoku Kinko Hyo system. While many traders focus on the "Cloud," professional traders know that the Kijun-sen is the true heartbeat of market momentum and trend direction. This indicator calculates the midpoint of the highest high and the lowest low over the last 26 periods , providing a stable, medium-term view of the market’s equilibrium.
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