Senkou Span A (Leading Span A)
Senkou Span A, also known as Leading Span A, is a technical indicator used in the Ichimoku Kinko Hyo trading system. It is one of the five components of the Ichimoku Kinko Hyo system, which is used to identify potential support and resistance levels in the markets. Senkou Span A is calculated by taking the midpoint of the highest high and the lowest low over the past 52 periods, and then plotting it 26 periods ahead. This midpoint is then used to identify potential support and resistance levels in the markets.
History of Senkou Span A
Senkou Span A was developed by Goichi Hosoda, a Japanese journalist, in the late 1960s. He developed the Ichimoku Kinko Hyo system as a way to identify potential support and resistance levels in the markets. The system was first published in 1969 and has since become one of the most popular technical indicators used by traders. Senkou Span A is one of the five components of the Ichimoku Kinko Hyo system, and is used to identify potential support and resistance levels in the markets.
Comparison Table
| Indicator | Periods |
|---|---|
| Senkou Span A | 52 and 26 |
Summary
Senkou Span A, also known as Leading Span A, is a technical indicator used in the Ichimoku Kinko Hyo trading system. It is one of the five components of the Ichimoku Kinko Hyo system, and is used to identify potential support and resistance levels in the markets. Senkou Span A is calculated by taking the midpoint of the highest high and the lowest low over the past 52 periods, and then plotting it 26 periods ahead. For more information about Senkou Span A, traders can visit websites such as Investopedia, TradingView, and FXCM.
See Also
- Ichimoku Kinko Hyo
- Kijun Sen
- Chikou Span
- Tenkan Sen
- Senkou Span B
- Moving Average Convergence Divergence (MACD)
- Relative Strength Index (RSI)
- Bollinger Bands
- Stochastic Oscillator
- Average Directional Index (ADX)
