Tekan-14 in 2014 is the equivalent to Kijun-50. Because each bear cycle time-price tend to slow down around 3.5x
Tenkan/Kijun lines represent calculation of 50% level (mean) of higher price v lower price over the period of the calculation. Call it a moving 50%-level average
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.