FTB-C000381 / Indicator

Ichimoku Leading Span B

Ichimoku Leading Span B is the midpoint of the highest high and lowest low over the declared long window, displayed forward by the cloud displacement.

Also known asSenkou Span B

Advanced Formula defined 1 linked topicPublished

Definitions

In plain terms

It forms the second boundary of the Ichimoku cloud and usually becomes ready later than Span A.

Technical

The contract freezes long period, origin timestamp, displacement, readiness, finalized bars, and missing values.

Scope

Its forward plot coordinate does not authorize future data in a backtest.

Formula

Leading Span B origin = (long-window highest high + lowest low) / 2
LaTeX: SenkouB^{origin}_t=\frac{HH_{long,t}+LL_{long,t}}{2}
SymbolMeaningUnit
HH_longhighest high in long windowprice
LL_longlowest low in long windowprice

Output unit: price

Examples

  • A governed lesson calculates or identifies Ichimoku Leading Span B only after its parameters, state, timing, and edge cases are declared.

Common misconceptions

  • Its forward plot coordinate does not authorize future data in a backtest.

Concept relationships

Prerequisites

Related

Required by

Where this concept is used

Tutorials planned

These catalogued topics use this concept, but their complete build has not shipped yet.

  • D07-F02-A06 Important

Evidence and governance

  1. Ichimoku Cloud TradingView · official platform documentation

    Supports: preferred label, short definition, technical definition, formula

    Limits: Default periods and plotting offsets are conventions; calculation origin must remain separate from display coordinate.

Reviewed by
fintech-builder-batch-007
Last reviewed
2026-07-27
Next review
2027-07-27
Record status
published
Written by

Fintech engineer building market-data and financial systems, and the author of every article, glossary record, and reference implementation on The Fintech Builder.