Advanced Ichimoku Trading Strategies - Free
The Tenkan-sen (9-period) is a rubber band. The Kijun-sen (26-period) is the anchor. When price moves too fast, the Tenkan-sen stretches away from the Kijun-sen. The inevitable snap-back is a high-probability mean reversion trade.
When the Kijun-sen (Base Line) is flat (horizontal), the market is in consolidation or equilibrium. The Kijun represents the midpoint of the last 26 periods. If the midpoint isn't moving, the market is range-bound. advanced ichimoku trading strategies