4. Kijun Sen Line (Base Line): This is the same as the Tenkan Sen Line but with a 26 day period (using a daily chart and default values).
5. Chikou Span Line (Lagging Span): This is a graph of the closing price plotted at the Offset specified. On a daily chart using the default, it would draw the current close 26 days back. It should be noted that this does not include the current day's bar, as it does not have a closing price.
6. Senkou Span A Line (Leading Span A): This is the midpoint between the Tenkan Sen Line and the Kijun Sen Line plotted at the Offset specified. With the default, it would be plotted 26 days ahead.
7. Senkou Span B Line (Leading Span B): This is also like the Tenkan Sen Line but with a 52 day period (using a daily chart and default values).
8. Kumo (Cloud) Up Shade: This is the area between the Senkou Span Lines when the Senkou Span A Line is above the Senkou Span B Line. The Trend is up when prices are above the Kumo Shading area and strengthened when the Kumo Shading is an Up Shade.
9. Kumo (Cloud) Down Shade: This is the area between the Senkou Span Lines when the Senkou Span B Line is above the Senkou Span A Line. The Trend is down when prices are below the Kumo Shading area and strengthened when the Kumo Shading is a Down Shade.
10. Buy/Sell Arrows: Toggle Buy/Sell Signals to be displayed or not. Buy signals are generated if the Tenkan Sen Line Passes from below or equal to the Kijun Sen Line to above it. Sell signals are generated if the Tenkan Sen Line Passes from above or equal to the Kijun Sen Line to below it.
11. Cloud Filter: This will filter buy signals out that Tenkan Sen Line is equal or greater than then the cloud lines ( the Senkou Span A and B Lines). And then also filter out sell signals out that Tenkan Sen Line is equal or less than then the cloud lines.
12. Chikou Filter: This will filter buy signals out where the current close is greater than or equal to close from (Chikou Span Lino Offset value) periods ago. And then filter out sell signal where the current close is less than or equal to close from (Chikou Span Line Offset value) periods ago.
You can see this by turning on the Chikou Span line which is a close price bar type shifted the defined period (Offset). Then compare the Chikou Span line at the offset value defined to the close price of the market there.
So for Example: on a daily chart with Chikou Filter on, and the Chikou span line is shown with an offset of -26. If the Chikou Span line shown at 26 days ago, which is the last bar's close, is greater than the close of the bar 26 bars ago, it will not display the buy signal.