Here you have this ability to define different methods to aquire high and low bonds in KDJ indicator. Thses Topologies are available in Popup menu and could be defined by user:
- "AVG" : Use average of cashed data in both High and low Bond - "MEDIAN" : Use median of cashed data in both High and low Bond - "MAX" : Use Max of cashed data in both High and low Bond - "MIN" : Use Min of cashed data in both High and low Bond - "WIDE" : Use Max of cashed data in High and Min of them for low Bond - "NARROW" : Use Min of cashed data in High and Max of them for low Bond - "FIX" : Use predefined constant values by user in 'Max BOND' and 'Min BOND' - "GAUSS" Use statistical standard deviation method and 'Mult. Max BOND' and 'Mult. Min BOND' to calculate High and low Bond.
In "LEFT RANGE" and "RIGHT RANGE" you can define the range which be used to find pivot and extremum points in calculation of highest and lowest LONG-TERM KDJ Line.
'MEMORY' is the size of cash that you want to collect the extracted data from extreimum points for highest and lowest LONG-TERM-KDJ. If overflowing from this point the oldest value would be kicked from cash.
Other parts are same in KDJ Indicators. Enjoy trading! Shakib.
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There were two variables that has to be reversed. Add to this now user has a number to guess till when red area would be continued. Firts number in yellow is the Average, second one is the Std and thirs one is the range. White value is the current (or the last) counter in red area. ENJOY!
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Two smoothing length are now separated to be similar to what we have in KDJ IND in binance.
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I just check it and found that the picture of indicator is not relevant to the indicator! The version is still same as before just pictured in published script is changed. happy trade
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Hi Dears!
in new Version you have two more options for your boundaries definitions:
Unfortunately I am not a paid member and I do not have 10 reputation, therefor I can not publish my trading Idea. I add my Idea here, hopefully useful for you too.
Trading Idea with KDJ-FLEX-IND: -Link and Intro: I would like to present you a method that is working for me.
-PRESET: Use standard adjustment in code and set 'Topology to LOWER BOND' then set the time frame in a shorter period and find the nearest place that D-Line (Orange) crossed-over the 'Upper Boundary' and set an H-Line on close (or hl2|open|low|high depends on your thoughts) in 'candle plot'. Finally set time-frame in a longer period
-TRADING IDEA: as price is over this H-Line, you are in safe region to trade so check again KDJ-FLEX-IND, if J-Line (White) crossed over D-Line (or almost crossed) trade-in and buy. As J-Line reached the highest region or your desired percentage (goal) before it is dropped under D-Line (Orange) (Cross under) sell it.
shaklerner1
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Just for you as Info: 1. If J-Line (White) is over D-Line (Orange) the trend is on defined range in bullish mode (Background: Green) and vice versa (Bearish: Background: Red) 2. if you set Topology on "Lower Bond", if D-Line cross upper Bond and J-Line is under D-Line, it would be 'good buy' as J-Line crossed D-Line you are in 'Sell area' but you can still be calm until D-Line (Orange) is over 'Upper Bondary'
>>> Please note your findings as Comment here, then we can upgrade the version in a better one. <<< I am waiting to read from you.
Best regards, Shakib
shaklerner1
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please just change parameters in line 19 with 20 or in GUI enter LONG LENGTH and SIGNAL LENGTH in reverse :P for Exp: LONG LENGTH: 14 and SIGNAL LENGTH: 52
I add my Idea here, hopefully useful for you too.
Trading Idea with KDJ-FLEX-IND:
-Link and Intro:
I would like to present you a method that is working for me.
-PRESET: Use standard adjustment in code and set 'Topology to LOWER BOND' then set the time frame in a shorter period and find the nearest place that D-Line (Orange) crossed-over the 'Upper Boundary' and set an H-Line on close (or hl2|open|low|high depends on your thoughts) in 'candle plot'.
Finally set time-frame in a longer period
-TRADING IDEA: as price is over this H-Line, you are in safe region to trade so check again KDJ-FLEX-IND, if J-Line (White) crossed over D-Line (or almost crossed) trade-in and buy. As J-Line reached the highest region or your desired percentage (goal) before it is dropped under D-Line (Orange) (Cross under) sell it.