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Technical Studies Reference

Senkou Span B


This study calculates and displays a Senkou Span B for the data specified by the Input Data High and Input Data Low Inputs.

Let \(X^{(High)}\) and \(X^{(Low)}\) be random variables denoting the Input Data High and Input Data Low Inputs, respectively, and let \(X^{(High)}_t\) and \(X^{(Low)}_t\) be their respective values at Index \(t\). Let the Senkou Span B Length Input be denoted as \(n\). Then we denote the Senkou Span B at Index \(t\) for the given Inputs as \(SSB_t\left(X^{(High)}, X^{(Low)}, n\right)\), and we compute it in terms of the Highest High/Lowest Low Over N Bars for \(t \geq 0\) as follows.

\(\displaystyle{SSB_t\left(X^{(High)}, X^{(Low)}, n\right) = \frac{\max_t\left(X^{(High)},n\right) + \min_t\left(X^{(Low)},n\right)}{2}}\)

Note: Senkou Span B by default has a Displacement setting of 26. When changing the various Input settings for this study, you may need to change the Displacement setting as needed.



The spreadsheet below contains the formulas for this study in Spreadsheet format. Save this Spreadsheet to the Data Files Folder.

Open it through File >> Open Spreadsheet.


*Last modified Monday, 27th February, 2023.