The Kijun Sen is one of the most important lines in the Ichimoku system. It is the midpoint between the highest and the lowest of the last 26 periods, so the Kijun corresponds, among other things, to the 50% Fibonacci retracement.
It is therefore a level of price equilibrium which is materialized by the Kijun, and which will very often be a level of support and / or resistance for the evolution of the stockprice. For trading, a pullback on the Kijun while the price was above can be a potential entry point as one would enter on a horizontal support from other indicators.
The Pullback on Kijun screener scans the market to find stocks making a pullback on one of the following kijun : quarterly, monthly, weekly, daily.
The second screener makes the same scan on market but in shrt timeframes (4 hours, 1 hour, 15 minutes, 5 minutes), for intraday trading.
When the stockprise is crossing under the detection limit, the screener will return the stock in the result list.
Results are sorted depending on wich kijun the pullback is made.
A general filtering, in daily timeframe, based on the stock price, as well as on the volume of exchanges, makes it possible to choose the desired level of liquidity.
Use our Kijun on Lower Timeframe Indicator to display the Kijuns.
Many parameters can be adjusted to search for the Pullback on Kijun that meet your own criteria. Settings are made without modifying any word of the code, in a very simple way in the screener's "variables" menu.
Adjustable validation criteria :
Adjustable validation criteria :
Available filters :
General filter :
Details of available settings :
User Guide Long Timeframes Screener Long Timeframes
User Guide Short Timeframes Screener Short Timeframes
Disclaimer
Our proposed tools (indicators and screeners) are not investment advices but tools allowing everyone to find specific graphic configurations.
Investing in the financial markets involves risks up to and including the total loss of capital.
The user of the proposed tools understands and accepts that the use of these tools is under his sole and entire responsibility. P2C Trading declines all responsibility in the use of the tools and the consequences that would result.
