The Lagging Span (Chikou Span) &nbsp;is a line of the most recent price action and plotted back 26 trading periods. I use the Trend Line tool in Finlogix to easily identify where the Lagging Line is at any point on the chart and on all time periods.
 
I use the Lagging Line as a filter. I will not take a trade unless the Lagging Line is in "free space". That means it cannot be within 5 periods of the price nor the Ichimoku Cloud. It must not also be within price nor within the Ichimoku Cloud.

Trend Line tool can measure periods - I use it to measure 26 periods from last price action = Lagging Span

Dec 01 2020