Kijun-Sen Midpoint Crosses as Directional Trading Signals

Summary

This indicator calculates a Kijun-Sen style line as the midpoint between the highest high and lowest low over a configurable lookback. It compares the bar’s high-low midpoint with that line and marks upward and downward crosses. The plotted line changes color according to whether price midpoint is above or below it, and the supplied logic enters long on an upward cross and short on a downward cross when cross display is enabled.

The document offers a compact trend-signal rule and a default lookback setting, but no backtest results or discussion of performance. It does not specify exits, position sizing, or transaction-cost assumptions, so the entry signals alone do not define a complete trading system. Crosses can also alternate frequently in sideways conditions; the indicator should be assessed across markets and timeframes before being treated as a standalone strategy.

Key ideas

• The Kijun-Sen line is the midpoint of the highest high and lowest low over a selected lookback.
• An upward cross of the bar midpoint above the line triggers a long entry in the supplied logic.
• A downward cross below the line triggers a short entry.
• The line is colored according to the bar midpoint’s position relative to it.
• No exits, sizing rules, or performance evidence are provided.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.