KDJ Indicator – indicator MetaTrader 5

KDJ Indicator
The author of the idea: yyy999, the mq5 code author: barabashkakvn. Calculation principle MaxHigh (the highest high) and MinLow (the lowest Low) are determined in the specified KdjPeriod interval. Thus, MaxHigh minus MinLow will be equal to the height of the selected KdjPeriod interval. Next, we determine the distance between the Close price of the … Read more

KDJ – indicator MetaTrader 5

KDJ - indicator for MetaTrader 5
KDJ oscillator defines when it is necessary to search for market entry conditions. It has four inputs: Period – calculation period; KFactor – K line calculation ratio; DFactor – D line calculation ratio; Threshold – signal line. Calculation: K = KFactor * PrevK + DFactor * RSV D = KFactor * PrevD + DFactor * … Read more