LESSON 03 OF 13 · READ THE MIDPOINT
What equilibrium actually means
Original schematic · For learning, not a market forecast.
A range midpoint divides the distance between a selected high and low into two equal parts. In Ichimoku, it is a reference for interpreting balance between buying and selling pressure.
Above, below, or around?
Price above a midpoint occupies the upper half of that range; price below it occupies the lower half. Repeated crossings suggest neither side has established a stable advantage. This is a price based interpretation, not a measurement of traders’ positions.
Compare several horizons: Tenkan for short term balance, Kijun for medium term balance, and the longer lookback behind Span B for broader context. Short term improvement can occur while the medium term picture remains weak.
A worked example
If the 26 bar high is 120 and the low is 100, Kijun is 110. A close at 116 sits six points above that reference. If the 9 bar range is 114–120, Tenkan is 117. The same close is below short term balance but above medium term balance: a possible pullback, rather than agreement across horizons.
Check your understanding
The high is 140 and the low is 100. Is the midpoint 70 or 120?
Reveal the explanation
120: (140 + 100) ÷ 2. “Half price” means halfway through the range, not half of the high.
Further reading: Kojiro’s Japanese Ichimoku lesson 03. This English lesson and its diagram were independently written and created by Ichimoku Master.
