Kijun Sen and 1 Envelope

This indicator draws:

• 1 line Kijun Sen + 1 + 3 Envelopes indicator price tag

Line Kijun Sen, Envelopes indicator and price tags can be hidden if required. 

Envelopes indicators can be used to determine:

• Range of price fluctuations;


• overbought level;


• oversold level;


• Take profit level;


• Stop Loss level.

All parameter changes can be saved permanently and then use the press "Save" and "Load" on the "Settings" tab.

"Colors" tab allows you to temporarily change the appearance of the indicator to the closing schedule or change the timeframe. You can save these settings by creating a template.

By default, Kijun Sen asked the traditional period of 26, it is optimized for day timeframe. For lower timeframes necessary to carry out the appropriate setting.

For lower timeframes Kijun Sen period can be increased to 34, 50, 100, etc., and the deviation value for Envelopes can be reduced.

Parameters and values

• Kijun Sen Period - period Kijun Sen (26);


• Envelope Deviation - deviation Envelope (4000);


• Kijun Sen and Label Color - color Kijun Sen and the price tag (DodgerBlue);


• Envelopes Upper Band and Label Color - the color of the top line Envelopes and price tag (Lime);


• Envelopes Lower Band and Label Color - Color Envelopes bottom line and price tag (Red);


• Kijun Sen Width - thickness Kijun Sen (3);


• Envelope Width - thickness Envelope (1);


• Kijun Sen Style - style Kijun Sen (Solid);


• Envelope Style - Style Envelope (Solid);


• Label Font Type - Font for price labels (Franklin Gothic Medium);


• Label Font Size - font size for price labels (12);


• Show Kijun Sen - show Kijun Sen (true);


• Show Envelope - show Envelope (true);


• Show Labels - show the price tag (true).