OPEN-SOURCE SCRIPT
KDJ Indicator with RSI Filter

The KDJ indicator is a technical analysis tool used by traders to identify potential buy and sell signals in financial markets. It is an extension of the Stochastic Oscillator, which consists of two lines, %K and %D, that move within a range of 0 to 100. The KDJ indicator introduces a third line, called %J, which is derived from the %K and %D lines. The KDJ indicator is primarily used to identify overbought and oversold conditions, as well as potential trend reversals.
Here's a brief overview of the KDJ indicator's components:
%K line: It is calculated by comparing the current closing price to the range of high and low prices over a specific period (usually 9 days).
%D line: It is a moving average of the %K line
%J line: It is calculated using the %K and %D lines
The KDJ indicator generates buy signals when the %K line crosses above the %D line and sell signals when the %K line crosses below the %D line. Additionally, when the %J line is above 100, it suggests that the asset is overbought, and when the %J line is below 0, it suggests that the asset is oversold. Traders often use these overbought and oversold signals to identify potential trend reversals.
I have taken KDJ script from
and added RSI filter and alerts with and without RSI filter.
I was requested to create this script with alerts. And here it is. I have added alerts. And, I have added abilities to turn on and off the RSI filters from settings.
Here's a brief overview of the KDJ indicator's components:
%K line: It is calculated by comparing the current closing price to the range of high and low prices over a specific period (usually 9 days).
%D line: It is a moving average of the %K line
%J line: It is calculated using the %K and %D lines
The KDJ indicator generates buy signals when the %K line crosses above the %D line and sell signals when the %K line crosses below the %D line. Additionally, when the %J line is above 100, it suggests that the asset is overbought, and when the %J line is below 0, it suggests that the asset is oversold. Traders often use these overbought and oversold signals to identify potential trend reversals.
I have taken KDJ script from

I was requested to create this script with alerts. And here it is. I have added alerts. And, I have added abilities to turn on and off the RSI filters from settings.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
For guides on how to use the Aladdin indicator or how to buy it, please check joy-bangla.gitbook.io/aladdin/
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Script open-source
In pieno spirito TradingView, il creatore di questo script lo ha reso open-source, in modo che i trader possano esaminarlo e verificarne la funzionalità. Complimenti all'autore! Sebbene sia possibile utilizzarlo gratuitamente, ricorda che la ripubblicazione del codice è soggetta al nostro Regolamento.
For guides on how to use the Aladdin indicator or how to buy it, please check joy-bangla.gitbook.io/aladdin/
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.