LESSON 11 OF 13 · LEVEL, BALANCE AND DIRECTION
The three jobs of a midpoint
Original schematic · For learning, not a market forecast.
A midpoint line can answer three questions at once: Where is the centre of the selected range? Which side of that centre is price occupying? How is that centre changing?
Read each job separately
Level: Kijun identifies the centre of its 26 bar high–low range. Balance: price above or below it locates price within that range. Direction: a rising, falling or flat line describes the movement of the rolling centre.
These observations can disagree. Price above a falling Kijun does not suddenly make the medium term structure an established uptrend. The position has improved, while the midpoint’s direction has not yet followed.
Use several horizons
Tenkan, Kijun and the midpoint used for Span B apply the same idea to different windows. Treat Kijun as a medium term reference, then check whether the shorter and broader pictures reinforce or challenge your reading. Remember that displayed Span B is displaced.
Check your understanding
Kijun is 110 and falling; price is 112. What two observations should you keep separate?
Reveal the explanation
Price is above the current midpoint, but the rolling midpoint is still falling. Position and slope are different evidence.
Further reading: Kojiro’s Japanese Ichimoku lesson 11. This English lesson and its diagram were independently written and created by Ichimoku Master.
