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This study calculates and displays the Kijun-Sen study for the data specified by the Input Data High and Input Data Low Inputs.

Let \(X^{(High)}\) and \(X^{(Low)}\) be random variables denotining Input Data High and Input Data Low, respectively, and let \(X_t^{(High)}\) and \(X_t^{(Low)}\) be their respective values at Index \(t\). Let the Kijun-Sen Length be denoted as \(n_{KS}\).

We denote the maximum value of \(X_t^{(High)}\) and the minimum value of \(X_t^{(Low)}\) over a moving window of \(n_{KS}\) chart bars terminating at Index \(t\) as \(\max_t(X^{(High)},n_{KS})\) and \(\min_t(X^{(Low)},n_{KS})\), respectively. These are computed for \(t \geq n_{KS} - 1\) as follows.

We denote the value of Kijun-Sen at Index \(t\) for the given Inputs as \(KS_t\left(X^{(High)}, X^{(Low)}, n_{KS}\right)\), and we compute it for \(t \geq n_{KS} - 1\) as follows.

This study is mathematically identical to the Tenkan-Sen study. The only difference between the two is that Kijun-Sen has a default length of \(n_{KS} = 26\), while Tenkan-Sen has a default length of \(n_{TS} = 9\).