Definitions
In plain terms
With a common default it uses 26 periods and is calculated at the current observation.
Technical
The contract freezes period, field basis, current-bar inclusion, readiness, finalized bars, and missing values.
Scope
It is a range midpoint and not an EMA or SMA of closes.
Formula
Base line = (rolling highest high + rolling lowest low) / 2Kijun_t=\frac{HH_{medium,t}+LL_{medium,t}}{2}| Symbol | Meaning | Unit |
|---|---|---|
HH_medium | highest high in medium window | price |
LL_medium | lowest low in medium window | price |
Output unit: price
Examples
- A governed lesson calculates or identifies Ichimoku Base Line only after its parameters, state, timing, and edge cases are declared.
Common misconceptions
- It is a range midpoint and not an EMA or SMA of closes.
Concept relationships
Prerequisites
Required by
Where this concept is used
Evidence and governance
- Ichimoku Cloud TradingView · official platform documentation
Supports: preferred label, short definition, technical definition, formula
Limits: Default periods and plotting offsets are conventions; calculation origin must remain separate from display coordinate.
- Reviewed by
- fintech-builder-batch-007
- Last reviewed
- 2026-07-27
- Next review
- 2027-07-27
- Record status
- evidence reviewed
This record is evidence-reviewed and readable, but not yet promoted to published — it is served noindex,follow and excluded from the sitemap.