OPEN-SOURCE SCRIPT
Updated KDJ - @tradingalert.net
This is the KDJ version with the same formula as KDJ installed on Binance It use SMMA instead of SMA like STO.
EX: KDJ(9,3,3) calculation for Day chart
RSV = (Current closing price - 9-day minimum value)/(9-day high price - 9-day minimum value) ×100
K = SMMA (RSV, 3)
D = SMMA (K, 3)
J = 3K - 2D
EX: KDJ(9,3,3) calculation for Day chart
RSV = (Current closing price - 9-day minimum value)/(9-day high price - 9-day minimum value) ×100
K = SMMA (RSV, 3)
D = SMMA (K, 3)
J = 3K - 2D
Release Notes
This is the KDJ version with the same formula as KDJ installed on Binance It use SMMA instead of SMA like STO.EX: KDJ(9,3,3) calculation for Day chart
RSV = (Current closing price - 9-day minimum value)/(9-day high price - 9-day minimum value) ×100
K = SMMA (RSV, 3)
D = SMMA (K, 3)
J = 3K - 2D
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Open-source script
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.