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KDJ Indicator
Source: https://fxcodebase.com/code/viewtopic.php?f=17&t=1290
Forum: 17 · Topic 1290 · 8 post(s)
KDJ Indicator
Alexander.Gettinger · Wed Jun 09, 2010 4:11 am
K line is : K = ((Current Close – Lowest Low) / (Highest high – Lowest low))* 100
D is simple moving average of the K line. Usually D is 3 day simple moving average of K line but it depends on what trader wants to choose. We have used exponential average. D = N day simple moving average of K line
‘J’ is the divergence of ‘D’ value from the ‘K’ value. J = (3D) – (2K)
An example of a strategy rules:
Buy – When ‘J’ line crosses above the 50 mark Sell – When the ‘J’ line crosses below the 50 mark
Averages indicator can be found here. viewtopic.php?f=17&t=2430&hilit=averages
Indicator-Based strategy https://fxcodebase.com/code/viewtopic.php?f=31&t=71639
Re: KDJ Indicator
leonala · Fri Jun 03, 2011 2:11 am
Thanks very much. It’s really useful. Moreover, seems the J value calculated by the indicator is incorrect. J =3K-2D, but in lua file it’s 3*D-2K…..
Re: KDJ Indicator
Apprentice · Fri Jun 03, 2011 2:34 am
I checked. The formula is same.
Mq4 percentJ[i] = 3 * percentD[i] - 2 * percentK[i];
Lua buff_J[period]=3.buff_D[period]-2.buff_K[period];
Re: KDJ Indicator
leonala · Fri Jun 03, 2011 4:17 am
Thanks for reply. I misunderstand the definition of J value, both of 3K-2D and 3D-2K are okay, and the accuracy of each one depends on market. Thanks again.
Re: KDJ Indicator
Apprentice · Sun Mar 12, 2017 6:08 pm
Indicator was revised and updated.
Re: KDJ Indicator
weijing · Fri Jul 02, 2021 11:44 pm
dear apprentice: the indicator works abnormally. the reason is that the formula given is incorrect. will yoou please revise the indicator again? following this formula:
RSV = ((Current Close – Lowest Low<in 9 periods>) / (Highest high<9> – Lowest low<9>))* 100
K line is 3 periods simple averrage of the RSV data . K = N day simple moving average of RSV
D line is simple moving average of the K line. Usually D is 3 day simple moving average of K line depends on what trader wants to choose. D = N day simple moving average of K line
‘J’ line is the divergence of ‘D’ value from the ‘K’ value. J = (3K) – (2D)
Re: KDJ Indicator
Apprentice · Sun Jul 04, 2021 4:03 am
Your request is added to the development list. Development reference 612.
Re: KDJ Indicator
Apprentice · Sun Jul 04, 2021 4:29 am
Try this version. https://fxcodebase.com/code/viewtopic.php?f=17&t=71315