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KDJ Indicator

Mike
 Mike
(@vanguardai)
Co-Founder Admin

The KDJ Indicator is similar to the Stochastics Oscillator with an additional J line. The indicator issues a strong buy signal if the K & D line crosses up and the J line came from below 20. The opposite is true that it issues a strong sell signal if the D line crosses below the K line and the J line came from above 80 level.

 

// KDJ Indicator

Set K = SOPK(14, 3, 3, SIMPLE)
Set D = SOPD(14, 3, 3, SIMPLE)
Set J = (K*3)-(D*2)
Plot(K, Line,red, KDJ)
Plot(D, Line,dodgerblue, KDJ)
Plot(J,Line,Green,KDJ)
plot(80,line,white,KDJ)
plot(20,line,white,KDJ)

1630934723-kdjURC.png
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Topic starter Posted : 06/09/2021 9:25 pm
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